Iron Ore news
Every iron ore story we've published, newest first.
- 12
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- 4 September 2026
Sundance wins $616m ICC award against Cameroon over Mbalam iron ore
Australia's Sundance Resources has won an International Chamber of Commerce arbitration against Cameroon worth about $616m in damages, interest and costs over the Mbalam iron ore deposit.
Kumba signs Envusa deal for 63MW solar plant on Sishen waste dump
Kumba Iron Ore has agreed to buy power from a 63MW solar plant that Envusa Energy will build on a waste rock dump at Sishen, with first electricity expected in the fourth quarter of 2027.
Transnet's May shutdown cuts Kumba's ore railings by 8% in second quarter
Kumba railed 8.9 million tonnes to Saldanha Bay in the second quarter, 8% less than in the first, after Transnet took the ore line out for ten days of restoration work that replaced 101km of track.
Simfer and Baowu submit feasibility study for 2Mt Simandou pellet plant
Guinea's Ministry of Mines and Geology on 18 June reviewed a feasibility study from Simfer and China Baowu Steel for a pellet plant with capacity of 2 million tonnes a year, meeting a Simandou co-development commitment.
Simandou shipments jump to 2.2Mt in May as Morébaya port loading improves
Iron ore exports from Guinea's Simandou project reached 2.2 million tonnes in May, up from a record 1.3 million tonnes in April, suggesting bottlenecks at the Morébaya port are starting to ease.
Genmin fields multiple funding offers for Gabon's $200m Baniaka iron ore mine
Genmin says a Middle Eastern consortium, a Shanghai-listed company, a commodity trader and a mining fund have made non-binding proposals to finance its $200m Baniaka iron ore project in south-eastern Gabon.
Pay strike halts mining at Baowu-led Simandou blocks in Guinea
Mining at the Winning Consortium Simandou blocks in Guinea stopped from 28 April after an estimated 3,000 workers struck over pay, the first strike at the Baowu-led venture. Rail and port operations continued.
Assmang shuts Beeshoek iron ore mine after ArcelorMittal pulls its offtake
Assmang has permanently closed its Beeshoek iron ore mine near Postmasburg and begun retrenching 622 employees, after ArcelorMittal South Africa ended the offtake agreement that kept the mine viable.
South African iron ore exporters face a squeeze on their price premium
RMB Morgan Stanley has warned that South African iron ore exporters could lose some of the pricing premium that has cushioned them, as freight costs rise and Chinese steelmakers favour pellets over lumpy ore.











