Iron ore and Coal

Mining News Pro - GFG Alliance executive chairman Sanjeev Gupta has revealed the company is planning to construct a steel plant in Whyalla, South Australia, that will be the largest in the western world.

Mining News Pro - Acacia Coal has divested of its shareholding in fellow-listed Bowen Coking Coal at a price of 1.6c each.

Mining News Pro - Dollar heads for biggest weekly drop in two months.

Mining News Pro - Nepean Mining will design and deliver key equipment and infrastructure at Fitzroy Australia Resources’ Ironbark No. 1 coking coal project in Queensland.

Mining News Pro - Ten Terex TA400 articulated haul trucks have been proving their worth removing overburden from a coal mine in East Kalimantan, Indonesia.

Mining News Pro - Chinese mills are heard to have increased preference of low grade iron ore fines on declining steel margins over decline in steel prices.

Mining News Pro - The production of concentrates and aggregates of major companies` iron ore during the first seven months of this year increased by 18% and 12%, respectively.

Mining News Pro - The statistics show that 24 million tonnes of iron ore pellets were produced by large companies over the past 7 months.

Mining News Pro - The eighth initial over-the-counter supply of Iran this year has been due to the keen acceptance of buyers and participation of about 310,000 trading codes, with the discovery of 6800 Rials per share of the company`s $ 292,857,143 Goharzamin Iron Ore.

Mining News Pro - Fortescue`s Board of Directors, Andrew Forrest, Elizabeth Gaines and LEAP program participants. Image: Fortescue Metals Group

Mining News Pro - The Baltic Dry Shipping Index came to prominence at the start of the Chinese-led commodity supercycle around a decade ago.

Mining News Pro - Vale is holding talks with Brazilian officials about expanding the world’s largest open pit iron-ore mine to meet growing Chinese demand for the high-grade ore.

Mining News Pro - Adani Mining has reasserted the prospects of its Carmichael project in regional Queensland as the International Energy Agency (IEA) has reported that coal has made a recent comeback.

Mining News Pro - Reference image of a coal mine. Photo by Angela Magyar, Pixabay, CC0.

Mining News Pro - Publically traded Colonial Coal has announced the outcomes of a preliminary economic assessment (PEA) for a new coking coal mine, near Tumbler Ridge, in north-eastern British Columbia.

Mining News Pro - NRW Holdings subsidiary Golding has inked a contract with Fitzroy Australia Resources for works at the Ironbark No.1 coal mine in Queensland.

Mining News Pro - Roy Hill and ITG at CIIE in Shanghai. Image: Roy Hill

Mining News Pro - Indian iron ore export increased significantly in Oct`18 and was recorded at 0.42 MnT as against 0.12 MnT in Sep`18. On yearly basis, the exports have witnessed fall of 42% as against 0.74 MnT in Oct`17.

Mining News Pro - According to General Administration of Customs, China - the world`s largest iron ore consumer and importer recorded iron ore imports at 88.4 MnT.

Mining News Pro - Indian pellet export prices have softened further this week further amid lowered bids from Chinese mills amid limited buying interest. As per market sources report to SteelMint, assessment for regular grade pellets (Fe 64%) with 3% Alumina is learned to have softened to USD 130-135/MT, CFR China.

In Picture