Japanese steelmaker Nippon Steel and trading house Sojitz will acquire a 49% stake in Champion Iron’s Canadian iron ore project for $152 million. It is reported by Reuters.
BHP paused operations at two iron-ore mines in Western Australia on Saturday after heavy rains in the country's Pilbara region, a spokesperson told Reuters on Tuesday, adding operations have since resumed.
The Kwinana Industrial Area, in Western Australia, has been selected as the location for Australia’s largest ironmaking electric smelting furnace (ESF) pilot plant.
Samarco Minercao expects to invest more than $1-billion to return its iron-ore operations to full capacity by January 2028 — a date that’s more than 12 years after the operation was first sidelined after a deadly mining tailings dam disaster.
India's Tata Steel Limited has initiated talks with government-run miners like NMDC Limited and Odisha Mining Corporation(OMC) to secure future ore supplies
With expanded reach to key global markets, Baogang Group said it has achieved growth in both scale and quality, as well as significant progress in steel exports.