ASX-listed Cyclone Metals has received a further A$5.17-million from Vale. This is the third tranche of funding under the binding development agreement for the joint advancement of the Iron Bear iron-ore project.
Australian iron-ore producer Fenix Resources on Thursday reported record shipments and maintained its full-year 2026 guidance as its integrated pit-to-port operations continued to perform strongly during the September quarter.
Despite headwinds in financing and power markets, Iron Road said its focus remains on long-term value creation through the CEIP and associated downstream opportunities.
South Africa’s top development finance institution is working with financial advisers on a possible bid of about R8.5-billion for control of ArcelorMittal’s business in the country