iron ore

Bussiness

Fortescue Electrifies Iron Ore Trucks in $2.8 Billion Deal

Admin - September 25, 2024

(Bloomberg) -- Fortescue Ltd., the world’s fourth-biggest iron ore miner, will pay $2.8 billion to replace two-thirds of its fleet of haulage trucks and...

Bussiness

Vale Aims to Boost Iron Ore Output Despite Weakening Prices

Admin - September 11, 2024

(Bloomberg) -- Vale SA said it will produce more iron ore this year than previously expected, even with prices trading near two-year lows as...

Bussiness

Trafigura Struck $400 Million Cash-for-Iron Ore Deal With MinRes

Admin - September 4, 2024

(Bloomberg) -- Trafigura Group has struck a $400 million prepayment deal for iron ore with Mineral Resources Ltd., as the Australian miner focuses on...