Category
Iron Ore news
Every iron ore story we've published, newest first.
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- 4 September 2026
Every iron ore story we've published, newest first.
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 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.
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.
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.
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 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.
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 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.
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.
