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Read all the latest news about Iron ore. ShippingWatch gives you independent, credible, critical and fair news.

Insurance firm warns of dangerous loads after shipwreck

London P&I Club and two partners have issued new guidelines for sailings with dangerous cargo which can become liquefied if humidity levels are too high. Last Friday, Stellar Daisy was shipwrecked after sailing with category A cargo.

Fortescue believes in Chinese iron ore imports

One of the world's top mining companies, Australia's Fortescue, believes that the Chinese government's plans to strengthen the country's infrastructure will help keep the company's iron ore shipments at 165 to 170 million tons for the full fiscal year.

BHP Billiton surpassed expectations

The Australian mining giant delivered an improved result for the first six months of its fiscal year. The company is worried about iron ore price developments.

BHP Billiton increased its iron ore output in H1

Australia's BHP Billiton produced more iron ore in the first half of the fiscal year 2016/2017, especially due to a record output from subsidiary WAIO. Prices for the key commodity increased during this period.

Media: Large-scale mining collaboration falls through

A collaboration between two of the world's largest miners, Vale and Fortescue, to supply iron ore for China has gone down the drain. The venture would have competed directly with Rio Tinto and could have seen Vale pick up a stake in Fortescue.

Vale to open world's largest mining project January

Brazilian miner Vale inaugurated the largest project ever in the mining industry over the weekend. The mine, Eliezer Batista, represents combined investments of more than USD 14 billion and is expected to commence operations in January 2017.

Rio Tinto fires executives after internal investigation

The two executives suspended last week have now been fired by mining company Rio Tinto. This occurred after an internal investigation of a case concerning a mining project in Guinea, after a 2011 incident where millions of dollars were paid out to a consultant with ties to the president at the time.

Iron giants to add 200 million tons of supplies through 2020

Australia and Brazil, the world's two top iron-ore exporters, will add close to 100 million tons to their supply over the next ten years in a development that looks set to put pressure on the prices, and thus smaller miners, notes Citigroup Inc.

Fortescue wins from iron ore price drop

Australian mining company Fortescue Minerals Group has delivered an operating profit of USD 3.2 billion on Monday, which the company's CEO describes as outstanding.

Mining giants enter iron ore deal for China

The two major mining companies, Fortescue and Vale, have entered signed a Memorandum of Understanding to establish one or more joint ventures in China in order to strengthen competitiveness. The deal also enables Vale to invest in Fortescue.

Brazilian Vale sees deficit explode

Brazilian Vale has increased its deficit big-time, according to the company's fourth quarter interim report 2015. Still, the results surpass analyst expectations on the top and bottom lines.

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