FLSmidth and Lloyds Metals have entered a comprehensive agreement to establish a joint maintenance facility aimed at supporting iron ore operations.
The union has submitted a counter-proposal, with the next round of negotiations scheduled for September 8. However, there are still two hurdles to clear before these talks impact loading operations.
Commodity giant Glencore has recorded a roughly $480 million provision to cover potential losses linked to its financial exposure to iron ore merchant Radiant World.
Anglo American has officially brought a new renewable energy installation online at its South African operations to lower grid-dependent power expenditures.
Hainan Mining has pushed back the operational readiness date for its iron ore mining and processing complex by six months, citing ongoing underground construction progress.
Singaporean law enforcement has launched an investigation into iron ore merchant Radiant World, prompting several financial institutions to reduce their exposure to the firm.
International financial institutions have frozen accounts and suspended operations linked to iron ore trader Radiant World following allegations of fraudulent financing activities.
Blackrock Minerals has acquired full control of the Ophthalmia iron ore asset following Polaris Metals' exit, clearing associated debt obligations while preserving joint development plans for the Marillana project.
A report on Ukraine's metallurgy sector describes a deepening crisis, citing a production halt at Poltava GOK and continued strain on the country's iron ore exports.
South Africa's Exxaro Resources expects headline earnings per share to fall 18%-23% year on year in H1 2026 due to a stronger rand, above-inflation input costs, and weaker equity-accounted contributions from Sishen Iron Ore Company and Black Mountain Mining.
Based on second-quarter earnings reports from mining companies, global iron ore production is expected to continue growing in H2 2026, with the full-year supply increase mainly coming from Simandou project capacity release and steady output growth from the four major miners.
BHP's union workers at Port Hedland have once again halted work.
Port Hedland is one of the world's largest iron ore export ports and a key shipping hub for BHP's iron ore business in the Pilbara region of Australia.
Negotiations at the largest steel plant in Bosnia and Herzegovina have collapsed, and the century-old plant is heading toward bankruptcy restructuring.
Tangshan Port completed cargo throughput of 445.56 million tonnes in the first half, up 2.77% year-on-year, ranking second among global coastal ports.
India's NMDC has lowered iron ore prices, cutting high-grade lump and fines prices simultaneously.
On August 7, a freight train loaded with 3,500 tonnes of imported iron ore departed from the Yang'erzhuang Park Station on the Canggang Railway, marking the opening of a new transport corridor.
Port Hedland is the world's largest iron ore export hub, and all BHP's Australian iron ore is exported through it.