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China’s state-backed iron ore giant says prices are too high

Iron ore has reached “unreasonable” levels that are hurting Chinese steel mills, according to China Mineral Resources Group, the state-backed firm trying to boost Beijing’s sway over prices.

Wednesday, November 8, 2023

TAKRAF signs major IPCC deal with Rio Tinto for Simandou in Guinea

In a notable achievement, TAKRAF Group has announced the signing of a major contract between Rio Tinto and TAKRAF concerning development of the Simandou iron ore complex in Guinea.

Wednesday, November 8, 2023

Indonesian, Australian firms team up on zero-emission steel

JAKARTA, Indonesia and PERTH, Australia, Nov. 6, 2023 /PRNewswire/ -- Leading private Indonesian steelmaker PT Gunung Raja Paksi Tbk (GRP), a member of Gunung Steel Group, is working towards a greener, more inclusive future,

Tuesday, November 7, 2023

Jubilee on track to meet guidance with strong first-quarter performance

Production of chrome concentrate increased to 336 683 t from 344 315 t in the previous quarter.

Thursday, November 2, 2023

Second Ukrainian manganese ore producer suspends operations

Pokrovsky Mining and Processing Plant, one of Ukraine's largest manganese ore producers, is not closing, the equipment is not cut, the enterprise is not being sold, all the managers are in place, but it has suspended operations.

Thursday, November 2, 2023

Gina Rinehart’s Hancock Prospecting keeps profit above $5b despite weaker iron ore prices

Gina Rinehart’s Hancock Prospecting has delivered another mammoth profit as Australia’s richest person continues to diversify her interests beyond Hancock’s well-oiled iron ore cash machine.

Wednesday, November 1, 2023

India's TIIL to set up greenfield steel precision tube plant

Indian steel precision tube manufacturer Tube Investments of India Limited (TIIL) has firmed up plans to set up a greenfield production facility entailing an investment of $25.42 million, the company said in a statement on Tuesday,October 31.

Wednesday, November 1, 2023

Fortescue buoyant on China iron-ore as it advances green pivot

China will play an even more critical role for us in developing the renewable technology in solar and wind and getting that cost down

Tuesday, October 31, 2023
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