Rio Tinto Group and Glencore Plc are poised to seek more time to work on a deal to create the world’s biggest miner as they wrangle over the premium that Rio would need to pay, people familiar with the matter said.

The Indonesian government will cut mining output quotas in order to support the prices of commodities like coal, Energy and Mineral Resources Minister Bahlil Lahadalia said in an interview with local news channel TvOne on Tuesday.

The Rhodes Ridge joint venture (JV) has approved a $191-million (A$294-million) feasibility study to progress the first phase of development at the Rhodes Ridge iron-ore project, one of the world’s largest undeveloped iron-ore deposits, in Western Australia’s Pilbara.

China’s State-backed iron-ore buyer is proposing measures to curb hoarding of the steelmaking ingredient at ports, in a move that could dent the pricing power of foreign miners and traders.

Rio Tinto has unveiled its first Pilbara-made iron-ore rail car, manufactured in Karratha under a A$150-million partnership with Gemco Rail aimed at boosting local production capacity in Western Australia.

Mineral Resources (MinRes) has officially broken ground at its Lamb Creek iron-ore project in the Pilbara after securing all required regulatory approvals.

Fitch Solutions unit BMI expects iron-ore prices to settle at a yearly average of $95/t in 2026, slightly down from $97/t this year, as prices come under pressure from additional supply coming online from the Simandou project, in Guinea, while Mainland Chinese domestic demand remains weak on the back of the struggling construction industry.

Deep in the rainforests of Indonesia, a group of miners is betting there’s still billions to be made from the world’s dirtiest fossil fuel.

Vale is likely to announce extraordinary dividends in the coming months, CFO Marcelo Bacci said during a call with analysts on Friday, following the release of the Brazilian miner's third-quarter results.

Cyclone Metals has received a further A$5.17-million from Vale. This is the third tranche of funding under the binding development agreement for the joint advancement of the Iron Bear iron-ore project.