Welcome to the end of the biggest commodity boomThe iron ore market saw unprecedented growth due to China's economic surge over the last 25 years. However, with demand peaking and new low...
20 Aug, 2024, 09.58 AM IST
Iron ore’s $100 floor at risk of collapse from jump in supplyThe world’s largest untapped ore reserve in Guinea’s Simandou is intensifying preparations for production. The project could deliver 5 mill...
11 Jul, 2024, 09.59 AM IST
The world’s iron ore powerhouse is preparing to reinvent itselfLast year, iron ore shipments accounted for about 5% of the country’s gross domestic. But now China is cooling, while steel producers are u...
29 Oct, 2023, 10.19 AM IST
China's BRI projects face pushback in Africa from environmentalists and civil society groupsUganda and Tanzania last week gave the go-ahead for the construction of an oil pipeline between the two countries, even as environmentalist...
31 May, 2021, 02.58 PM IST
George Soros sued by fellow billionaire in $10 billion mine brawlAfter years of BSGR accusing Soros of propagating corruption allegations which resulted in its loss of Simandou, this is the first time it ...
15 Apr, 2017, 01.57 PM IST
- Mali coup dashes Indian business man Sandeep Garg's mining hopes
A coup in distant Mali has Sandeep Garg, 44, a Gurgaon resident, fretting.As the mine owner of 1 BT-plus of iron ore in that country, he ha...
11 Apr, 2012, 03.21 AM IST
- Rio Tinto makes $3.9 bn US bid for Riversdale
Global resources giant Rio Tinto on Thursday made a 3.9 billion US dollar bid for Australian coal miner Riversdale in its first major play ...
23 Dec, 2010, 08.25 AM IST
- Chinese firm buying into Rio iron mine in Guinea
A state-owned Chinese company is buying a stake in a Rio Tinto Ltd. iron mine in Guinea in West Africa for $1.4 billion in the latest of a ...
29 Jul, 2010, 09.49 AM IST
- Rio Tinto employee admits receiving bribes in China
A court in Shanghai tried four executives from the Anglo-Australian mining company Rio Tinto Ltd on charges of commercial bribery Monday wi...
22 Mar, 2010, 09.15 PM IST
- Guinea takes back Rio iron ore concession
Anglo-Australian mining giant Rio Tinto said on Sunday a concession, which potentially could open a massive new iron ore field in west Afri...
04 Aug, 2008, 12.02 AM IST
- Rio says confident of Guinea iron ore project
Global miner Rio Tinto Ltd/Plc is confident its giant iron ore project at Simandou in Guinea can proceed, Chief Executive Tom Albanese said...
16 Jun, 2008, 10.41 AM IST