Queensland Treasurer Cameron Dick has warned BHP that he may cancel the major miner’s leases in the state unless the company backtracks on its decision to pause new investments.

A technical refresh of the Buena Vista feasibility study has shown that the project could be moved to a 24/7 operating model and could increase its potential output from 450 000 t/y to 800 000 t/y at the same capital outlay.

JSW Steel is considering forming a consortium to bid for a 75% interest in Teck Resources’ steelmaking coal business.

Brazil produced 2.8 million mt of crude steel in May, 5.5 percent less than in May 2022, according to the country's steel institute lABr.

Demand for Fortescue’s products has remained strong all year. This is the result of steel mill profitability as well as the consistent quality of delivered product and the low variability of Fortescue ores.

Notably, sources estimated that by 2030, 30% of the European steel market will be green (zero or close to zero emissions).

The Global Steel Climate Council (GSCC) has launched new standards for producers that want to call their products “low carbon” is deciding exactly what “low carbon” means.

Of the 50 major goods classified in nine categories, including seamless steel tubes, gasoline, coal, fertilizer and some chemicals, 31 reported higher prices in the period, 15 saw price declines, while the prices of four remained unchanged, according to the Na...