Tata Steel to spend $1.18 billion to increase iron ore production

Tata Steel increased its steel production in India by 5% year-on-year – to 16.2 million tons in April-December 2024 (9 months of FY2024/2025).

Tuesday, May 6, 2025

India's iron ore output touches all-time high in FY 2024-25

India's iron ore production has been provisionally estimated at 289 million mt in the fiscal year 2024-25

Tuesday, May 6, 2025

Rio Tinto to invest $13.3bn in Pilbara mines over next three years

Diversified mining company Rio Tinto has reaffirmed its commitment to the Pilbara region, revealing plans to invest $13.3-billion in new mines and equipment over the next three years.

Tuesday, May 6, 2025

Baosteel plans to produce 52.6 million tons of steel in 2025

China’s largest steelmaker, Baoshan Iron & Steel (Baosteel, a unit of China Baowu Steel Group), plans to produce 52.61 million tons of steel and 48.79 million tons of pig iron in 2025, respectively. Reuters reports with reference to the company’s report for ...

Tuesday, April 29, 2025

Australia aims to become a critical minerals powerhouse

The Federal Government has announced plans to establish a Critical Minerals Strategic Reserve if re-elected, with plans to invest $1.2 billion into the initiative.

Monday, April 28, 2025

March 2025 crude steel production

World crude steel production for the 69 countries reporting to the World Steel Association (worldsteel) was 166.1 million tonnes (Mt) in March 2025, a 2.9% increase compared to March 2024.

Thursday, April 24, 2025

Genmin, Sinohydro sign MoU to advance Gabon project development

Emerging African iron-ore producer Genmin have signed a memorandum of understanding (MoU) with Sinohydro Corporation in relation to the development of Genmin's flagship Baniaka project, in Gabon.

Tuesday, April 22, 2025

Iron ore exports via Port Hedland up 36.7 percent in Mar from Jan

In March this year, iron ore shipments from Australia's Port Hedland increased by 36.7 percent month on month and by 1.1 percent year on year, totaling 50,661,046 mt.

Friday, April 18, 2025
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