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...But Brasília is also likely to try avoid a confrontation with Beijing, which is its largest trading partner and significant purchaser of commodities such as soyabeans and iron ore....
...The Dutch case is being brought by law firms Pogust Goodhead and Lemstra Van der Korst against Vale SA and Samarco Iron Ore Europe, a marketing arm of the Samarco joint venture between Vale and BHP that...
...Last year, it acquired a footprint in credit investments by purchasing Iron Park....
...The Australian company is on the hook financially for the collapse of a tailings dam that stored mining waste at the Samarco iron ore complex in November 2015, near the town of Mariana in the south-eastern...
...“The Chinese economy cannot wean itself off iron ore. It is a bedevilling situation for them,” he said. Australia exported A$175bn worth of iron ore to China in 2021, according to the Lowy Institute....
...Stausholm said the demand outlook was improving for copper and aluminium, while China’s appetite for iron ore, which is the crucial ingredient for steel making, was undimmed....
...The ore Rio Tinto plans to extract from Simandou has an average iron content of greater than 65 per cent, among the highest in the world. Baatar calls it the “caviar of iron ore”....
...Steel exports also surged 32.6 per cent year on year during the period, while iron ore imports rose 8.1 per cent....
...Much of the increased spending will be dedicated to Simandou, a large high-grade iron ore mine it is developing alongside Chinese partners and the Guinean government....
...What is it about the iron ore in these mountains that makes it all worth this trouble that Rio Tinto and its partners have gone through?...
...Rinehart is fighting on another front in Perth courts against descendants of Lang Hancock’s business partner Peter Wright over historic royalty agreements at the Hope Downs iron ore complex — which could...
...Fortescue is the world’s fourth-largest iron ore producer and a big German trading partner....
...In September CVC Capital Partners paid €1bn for infrastructure fund manager DIF Capital Partners, which is of a similar size as Actis....
...Hancock makes its money from iron ore and not much else. True, mining spodumene could use the logistics expertise that direct shipping iron ore can bring....
...Rinehart rose to prominence by reviving iron ore business Hancock Prospecting, founded by her father Lang Hancock in 1955, and transforming it into Australia’s largest private company....
...The move to partner with Rinehart combines the Australian company’s mining experience in iron ore with SQM’s expertise in processing lithium to battery-grade material....
...A Brazilian court has ordered iron ore producer Samarco along with its owners Vale and BHP to pay R$47.6bn ($9.7bn) in compensation for a dam collapse that triggered one of the country’s worst environmental...
...Red Sea attacks: Companies trading commodities such as iron ore and grain are threatening legal action to pressure shipowners to use the more dangerous but faster Suez Canal route....
...On the back of lower iron ore prices, its net income of $892mn came in well below analyst expectations....
...But over recent weeks Australian billionaire Rinehart has built a 19.9 per cent stake in Liontown through her iron ore mining company Hancock Prospecting....
...The group has hired Jeremy Meynert, a former executive at Australian iron ore group Fortescue and an ex-investment banker at Citi, to run the sales process. Chemaf declined to comment....
...Cleveland, an iron ore specialist that had bought its way into steel production, had initially made a cash and stock offer....
...Steinmetz was sentenced to jail in January 2021 for having bribed his way to control of the huge Simandou iron ore deposit in Guinea....
...Similarly, when China imposed trade restrictions on Australia in 2020, Beijing was forced to exempt Australia’s lucrative iron ore exports, for which it did not have enough other sources of supply....
...ore in the 1960s and the nickel rush of the 1970s....
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