According to the industry group, such reform would encourage additional investment in capital and technology.
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Minerals Council of Australia calls for tax, workplace law reform
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US Steel wins tax breaks from one of America’s poorest cities
“The 50% tax cut for U.S. Steel to stay in Gary is not going to cause a population growth and employment opportunities.”
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Iron ore powers to highest since 2014 as Vale crisis intensifies
This week’s drama has played out as the most important iron ore user has been offline, with Chinese markets closed for Lunar New Year.
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GE to support the digitalization of ArcelorMittal’s steel plant in Belgium
“Downtime is a billion-dollar problem for the industry as unplanned outages can cause the industry to lose up to 10% of production time a year”
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The new Cold War and gold
The best defense against the repercussions of a mounting pile of debt, and the new cold war, is to own gold – the traditional safe haven.
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Vale iron-ore mine halt risks ‘incremental supply shock’
Vale SA said it’s temporarily halting some operations at its Brucutu mine, potentially causing a production loss of about 30 million metric tons of iron ore a year
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South Africa’s rand shows its mettle as iron ore prices surge
If you are searching for clues on how the rand will move next, watch the iron-ore price.
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This iron ore rally is living on borrowed time
Those inclined to make a bullish bet on disaster may be in for a dose of karma. This rally is more likely to collapse than extend.
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Vale says alarms didn’t go off on time in Brumadinho due to ‘speed’ of sludge
The argument is being harshly criticized by experts and locals, who believe the law-enforced audible could have saved lives.
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UN calls for probe into Vale’s tailings as waste heads to Brazilian river system
Brazilian authorities and companies involved with river water management are trying to stop the torrent of mining waste from reaching the Sao Francisco river, a source of drinking water for communities in five of the country’s 26 states.
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