When Vale opens new mine capacity in the north of Brazil the situation will improve and iron ore quality could actually rise in the long term, he said. The company will have more higher-quality ...

Japanese trading house Mitsui & Co. will buy a stake in an Australian iron ore project for $5.3 billion, in a bet that the global steel industry will need high-quality raw materials to support its ...

Investors are preparing for a new era of slumping profits and hefty dividend cuts by the world’s largest miners as iron ore markets brace ... as heavy rainfall in Brazil has added to concerns ...

This was despite an 11% drop in iron ore prices, mainly because of weaker demand from China, as its domestic property sector still faces major issues. Rio Tinto's share price dropped 1.5% on ...

The deal, marking Mitsui's largest investment ever is a result of long-term efforts to expand its production volume of iron ore, a key growth driver, CEO Kenichi Hori said. Rhodes Ridge is one of ...

[Domestic Iron Ore Brief Review] West Liaoning Prices May Have Room for an Upward Trend Stainless Steel Market Futures-Spot Linkage: Price Fluctuations Amid the Tug-of-War Between Supply and Demand ...

Mining billionaire Robert Friedland’s latest venture, iron ore producer Ivanhoe Atlantic Inc., is seeking to raise as much as A$300 million ($190 million) from an initial public offering in ...

augmented by expansions in both Australia and Brazil. Smaller, higher-cost miners will be worst hit, said Jiang Mengtian, the Shanghai-based chief iron ore analyst at consultancy Horizon Insights.

Japanese trading house Mitsui & Co said on Wednesday it would acquire a 40% stake in the Rio Tinto-operated Rhodes Ridge iron ore project in Western Australia for $5.34 billion, to strengthen its ...

The state is then expected to try and recoup losses by suing Fortescue, the world's fourth biggest miner of iron ore. "Fortescue accepts that the Yindjibarndi People are entitled to compensation ...

Fortescue Ltd.’s first-half profit plunged by 53% from the year before as demand for iron ore from biggest consumer China softened. The slump in net income to $1.55 billion for the six months to ...