The world's largest coal producer, Coal India, is setting up its first overseas trading office in Singapore, aiming to diversify into trading iron-ore and critical and strategic minerals, two sources said.

Iron-ore trader Radiant World has laid off some operations staff as banks and counterparties retreat, cutting off the credit the Singapore-based firm needs to fund its trades, according to two sources familiar with the matter.

The developer of the world's first single-step process for producing steel and high-purity iron at lower cost, Hertha Metals, has successfully achieved iron production at 99.95% (3N5) purity, which meets the specification required by top rare earth magnet manufacturers.

Stocks of Fortescue's Super Special Fines, a type of lower-grade iron-ore, held at Chinese ports have surged to a five-week high following a ban from Beijing on the brand, according to calculations based on data from two traders.

The Indonesian Presidential Office has announced the lifting of export restrictions on mineral products containing rare earth elements; this decision, which includes products such as bauxite, alumina, copper cathodes, and nickel derivatives, will lead to the movement of over 100 stranded vessels at ports.

Rio Tinto is looking to two major iron ore developments — Rhodes Ridge in Western Australia and Simandou in Guinea — to underpin the future of its iron ore business as the global market evolves and emerging economies drive new demand.

Coal India has won the Gadadharpur iron-ore block in the eastern state of Odisha through a competitive auction, the State's director of mines and geology, Rohit Kumar Lenka, said on Thursday.

Glencore is progressing one of Australia’s largest coal rehabilitation projects at its Newlands operation in Queensland, marking the next phase of the site’s transition after four decades of mining activity.

Fortescue has delivered a record year of iron ore shipments, surpassing over 200 million tonnes for the first time, whilst continuing to advance its green energy strategy across operations in Western Australia.

Refurbishment of the Azteca processing plant at London-listed Cadence Minerals' Amapá iron-ore project, in Brazil, has progressed to 77% completion with 43 of the 64 identified work packages now complete.