Global iron ore production growth to accelerate until 2026
Mining News Pro - Global iron ore production growth will accelerate in the coming years, bringing an end to the stagnation that has persisted since iron ore prices hit a decade-low average of $55 a tonne in 2015, market analyst Fitch Solutions asserts in its latest industry report.
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Strike to spin out lithium assets ahead of iron ore production
Mining News Pro - Strike Resources intends to increase its focus on the Paulsens East iron ore project in the Pilbara, Western Australia by spinning out its lithium and battery minerals assets.
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Global iron ore production forecast to plummet
Mining News Pro - Seaborne iron ore is expected to fall into a larger deficit this year as a result of disruptions at Vale SA’s operations, according to S&P Global.
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BHP iron ore production forecast hit by weather
Mining News Pro - BHP has cut its iron ore production guidance for the 2019 financial year on the impacts of Tropical Cyclone Veronica, after a similar reduction by Rio Tinto yesterday.
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Anglo American: Kumba Iron Ore Production Fall Amid Rail Constraints
Mining News Pro - The Anglo American Kumba iron ore production for Q3 CY`18 decreased 9% on quarterly basis to 10.5 MnT as against 11.6 MnT in last quarter.
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China: Crude Iron Ore Production Down 66% During Jan-Aug`18
Mining News Pro - According to National Bureau of Statistics, China - world`s largest iron ore consumer and importer of iron ore has witnessed production at 519.99 MnT for Jan-Aug`18, down 66% as against same duration previous year (Jan-Aug`17) at 863.22 MnT.
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India: Odisha Iron Ore Production Fall Amid Monsoons
Mining News Pro - Odisha - India`s largest iron ore producing state has witnessed minor decrease of 4% M-o-M in Jun`18, owing to monsoons as compared to May`18 production at 9.55 MnT. The figures include material type - fines, lump and concentrate.
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China: Crude Iron Ore Production Plunge 38% in H1 CY18
Mining News Pro - According to National Bureau of Statistics, China’s - world’s largest iron ore consumer and importer,- Crude iron ore production is down in H1CY`18 by 38% to 390.57MnT against 633.37MnT in the same period last year 2017.
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BHP Billiton: WAIO Iron Ore Production for FY`18 at 275 MnT; Up 3% Y-o-Y
Mining News Pro - BHP Billiton - the third largest iron ore producer has recently announced its FY`18 results. The miner achieved production at 275 MnT for FY`18 from Western Australia iron ore operations on 100% basis. This is owing to improved car dumper performance and completion of rail reliability project. The FY`18 production reported increase of 3% Y-o-Y as against FY`17 production at 268.3 MnT.
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Brazil: Vale Iron Ore Production Hit Record High in Q2 CY’18
Mining News Pro - Vale- world`s largest iron ore producer reported sharp increase in Q2 CY`18 iron ore production. The production recorded at 96.8 MnT, up 18% Q-o-Q as against Q1 CY`18 at 81.95 MnT.
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Australian iron ore production increases steadily
Mining News Agency -The production of Australian iron ore was expected to keep increasing steadily in recent years.
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Australia`s Fortescue says iron ore production costs hit record low, shares jump
Mining News Agency -Shares in Australia`sFortescue Metals Group Ltd jumped on Tuesday as the iron ore miner reported its costs came in at record lows in the last quarter and as it forecast a pickup in demand from March.
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