Latest Iron mining and refining News

Australian miner Fortescue reveals $6.2 billion carbon plan

Sep. 20, 2022 00:54 AM EDT

CANBERRA, Australia (AP) — Australian iron ore miner Fortescue Metals Group announced on Tuesday a $6.2 billion plan to eliminate fossil fuels and carbon emissions from its operations by the end of the decade. The world’s fourth-largest iron ore producer expects to save $818...

14 people die in iron mine flood in China, 1 missing

Sep. 17, 2022 22:06 PM EDT

BEIJING (AP) — Chinese authorities said Saturday that 14 people had died and one remained missing after a flood at an iron mine earlier this month. The search and rescue operation has ended and an investigation into the cause of the Sept. 2 flood is underway, the Tangshan city...

Israeli tycoon appeals corruption conviction in Swiss court

Aug. 29, 2022 11:44 AM EDT

GENEVA (AP) — Lawyers for Israeli diamond magnate Beny Steinmetz urged a Swiss appeals court on Monday to throw out testimony from a former first lady of Guinea that contributed to his conviction for corruption. The case involves an alleged plot, dating to the mid-2000s, in which...