Iron ore and Coal

Mining News Pro - China’s iron ore futures on Tuesday hit their highest level since the index was launched in 2013, as upbeat demand prospects in the world’s biggest producer and consumer of steel added fuel to the raw material’s red-hot rally this year.

Mining News Pro - BHP Group, the world’s biggest miner, on Wednesday flagged $1 billion in productivity losses for fiscal 2019 as unplanned outages and bad weather hurt its iron ore production.

Mining News Pro - Continued strong global demand for steelmaking coal, especially in China and India, may be behind two new coal mine proposals in Canada’s British Columbia province.

Mining News Pro - One million and 800 thousand tons of iron ore were allocated to Esfahan Steel Company.

Mining News Pro - Researchers at Curtin University are working on a thermal battery that is part of the Concentrated Solar Power system being developed by United Sun Systems, which requires a battery to store and release energy to enable non-stop solar power generation.

Mining News Pro - BHP Group, the world’s largest mining company, says it could build up to 11 more iron ore mines over the next 50 to 100 years in the mineral-rich Pilbara region of northern Australia.

Mining News Pro - BHP on Friday said it had released the world’s first tender for LNG-fuelled transport to carry up to 27 million tonnes, or about 10%, of its iron ore as it seeks to position itself at the forefront of responsible mining.

Mining News Pro - The Independent Pricing and Regulatory Tribunal (IPART) of New South Wales has imposed a 5.3 per cent rate of return on the NSW Rail Access Undertaking, meaning RailCorp may only have 21 more years of access to the Hunter Valley Coal Network.

Mining News Pro - Prophecy Development (TSX: PCY) reported that its Mongolian Ulaan Ovoo mine achieved a record monthly coal production of 37,800 tonnes in June.

Mining News Pro - The Indian billionaire behind the controversial Carmichael coal mine in Australia is hitting back at criticism the endeavor will be both unprofitable and too dirty.

Mining News Pro - Australia’s coal industry research and development fund COAL21 is recommending authorities to support the adoption of a carbon sponge technology that offers cheaper emissions reductions.

Mining News Pro - Fortescue Metals Group expects to hand out a further $500 million in contracts by the end of 2019 as part of the construction of its Eliwana mine and rail development in the Pilbara.

Mining News Pro - Indian iron ore export volumes for Q1 FY20 (Apr-June`19) stood at 5.21 MnT, up significantly as against 2.15 MnT in previous quarter.

Mining News Pro - Peabody Energy has inked a deal with SCE to transport coal wash reject from its Metropolitan mine at Helensburgh to a number of tipping locations at Illawarra, New South Wales.

Mining News Pro - The Australian Government expects commodity export earnings to peak a year later than expected due to a swing in the global iron ore price and a slightly weakened exchange rate against the United States dollar.

Mining News Pro - Whitehaven Coal has ramped up exploration in New South Wales and Queensland with the introduction of Micromine’s geological data management system, Geobank.

Mining News Pro - Middlemount Coal has confirmed the death of a mineworker after a high wall collapsed on to an excavator with the worker inside.

Mining News Pro - China’s iron ore futures extended gains on Friday after touching a record high in the previous session, as concerns persisted over tight supply amid declining shipment from Rio Tinto and expectations of strong demand.

Mining News Pro - Rio Tinto has lowered its iron ore guidance for Pilbara shipments due to mine operational challenges at the company’s Greater Brockman hub.

Mining News Pro - Metalloinvest continues advanced construction of a major in pit crushing and conveying (IPCC) facility at its Mikhailovsky GOK iron ore operation.

In Picture