ArcelorMittal cuts Liberia 2026 iron ore forecast by 11%
ArcelorMittal lowered its 2026 Liberia iron ore shipment forecast to approximately 16 million tonnes from 18 million tonnes after monsoon conditions disrupted logistics. It also...
Tag : iron ore
Beowulf Loses €4.3 Million Investment Amid Swedish Regulatory Delays
Beowulf Mining has lost a proposed €4.3 million investment from Bacchus Capital and affiliated investors after Sweden’s prolonged foreign-investment review prevented completion of the transaction....
CBAM Reshapes European Demand for Scrap, DRI and Low-Carbon Iron Ore Pellets
Europe’s steel decarbonisation is increasing competition for high-quality scrap, direct-reduced iron (DRI), hot-briquetted iron (HBI) and suitable iron ore pellets. The EU’s Carbon Border Adjustment...
CBAM Rules Bring Iron Ore Pelletisation Into Europe’s Carbon Cost Framework
Iron ore pellet producers supplying the European Union face growing pressure to measure and verify emissions from processing, as the Carbon Border Adjustment Mechanism (CBAM)...
Rio Tinto Expands Oyu Tolgoi Copper Output as Simandou and Lithium Production Advance
Rio Tinto increased copper production at its Oyu Tolgoi mine in Mongolia by 29% during the first nine months of 2026, with underground operations continuing...
Rio Tinto Expands Copper, Iron Ore and Lithium Output as Capital Releases Exceed €1.8 Billion
Rio Tinto is advancing production growth across its copper, iron ore and lithium portfolio while unlocking more than €1.8 billion equivalent through capital-release transactions. The...
Beowulf Mining Faces Administration Risk After €4.73 Million Funding Deal Collapses
Beowulf Mining is seeking emergency financing after a proposed €4.73 million investment package failed to close, leaving the company facing an immediate liquidity crisis and...
Fortescue’s Iron Ore Sales Decline Highlights China’s Leverage Over Export Revenue
Fortescue reported preliminary iron ore sales of 42.9 million tonnes for the September quarter of 2026, down from 49.7 million tonnes in the corresponding quarter...
Beowulf Mining Warns of Administration After €5.1 Million Funding Deal Falters
Beowulf Mining has suspended trading in its shares on London’s AIM market and Sweden’s Spotlight exchange after warning that it could face administration if it...
Ferrexpo Resumes Ukrainian Pellet Production as European Sales Gain Priority
Ferrexpo has restarted iron ore pellet production in Ukraine after securing approximately €86 million through a capital raise, with the London-listed mining company shifting a...