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Iron ore mining news

 
 
 

Simandou iron ore project update

The non-binding heads of agreement for Chinalco to acquire Rio Tinto's interest in the Simandou project has lapsed.

 
 
 

BHP Samarco update

BHP has reached an agreement to settle the class action complaint regarding the Samarco dam failure. The company will pay the plaintiffs US$50 million, with no admission of liability.