Moody’s Investor Service has upgraded Fortescue’s (FMG) credit ratings amid the higher iron ore price.
Vale, BHP Billiton Brazil and Samarco have entered a preliminary agreement with Brazil’s Federal Prosecutors’ Office over remediation fees following the Samarco tailings dam failure.
Rio Tinto’s Boyne Smelters (BSL) is set to announce a round of job cuts after it revealed plans to reduce production.
Brazil’s mines and energy minister Fernando Coelho Filho has suggested a restart of production at Samarco is likely in March.
Engineering company EnerMech has acquired oil and gas electrical services supplier EPS Group in Australia and the Americas.