News

Iron ore futures prices held well over the key psychological level of $100 a metric ton on Tuesday, while investors closely ...
The Iron Ore market in the U.S. is estimated at 32.7 Million Metric Tons in the year 2021. The country currently accounts for a 1.5% share in the global market.
Rio Tinto RIO-N logged its smallest first-half underlying profit in five years and announced its lowest interim dividend in ...
Vale’s copper production rose nearly 18% in the period to about 92,600 tons, it said, pointing to higher grades achieved at Brazil’s Sossego plant, nominal capacity at its Salobo complex, also in ...
Vale (NYSE:VALE) said late Tuesday it produced 83.6M metric tons of iron ore in Q2, up 3.7% Y/Y and above expectations, driven mainly by a new Q2 production record at the S11D mining project in ...
Brazilian miner Vale SA said on Wednesday it expects to produce between 310 million and 320 million tonnes of iron ore in 2023, against an output of about 310 million this year. The fresh ...
A recent discovery of a 55 billion metric ton iron ore reserve in Western Australia's Hamersley region, valued at US $6 trillion, is expected to significantly impact global iron ore markets and ...
China, which buys about 75% of global seaborne iron ore, is expected to import almost 110 million metric tons of the key steel raw material, according to commodity analysts LSEG and Kpler.
Vale reported iron ore sales at 77.3 million tons in the quarter, down 3.1%, with the company's average realized price of iron ore fines landing at $85.1 per ton, a 13.3% fall.