Latest Iron mining and refining News

Mining companies back away from Brazil's Indigenous areas

May. 20, 2022 15:56 PM EDT

RIO DE JANEIRO (AP) — Some of the world’s biggest mining companies have withdrawn requests to research and extract minerals on Indigenous land in Brazil’s Amazon rainforest, and have repudiated Brazilian President Jair Bolsonaro’s efforts to legalize mining activity in the areas. ...

Buttigieg goes to Ohio River port to discuss grant for pier

Apr. 13, 2022 18:43 PM EDT

TELL CITY, Ind. (AP) — A $1.6 million federal grant will pay for the construction of a new southern Indiana pier on the Ohio River to be used for unloading of pig iron for a foundry, officials said Wednesday. U.S. Transportation Secretary Pete Buttigieg went to Tell City to discuss...

Russia war could further escalate auto prices and shortages

Apr. 04, 2022 01:13 AM EDT

DETROIT (AP) — BMW has halted production at two German factories. Mercedes is slowing work at its assembly plants. Volkswagen, warning of production stoppages, is looking for alternative sources for parts. For more than a year, the global auto industry has struggled with a...

Sweden sparks ire of environmentalists with mining decision

Mar. 22, 2022 10:14 AM EDT

STOCKHOLM (AP) — The Swedish government decided Tuesday to grant the exploitation of the Scandinavian country’s largest unexploited iron ore deposits to a Sweden-based company, sparking the ire of environmentalists. “By saying yes to the mine, they say no to indigenous...