Iron ore price breaks $US200/tonne

Iron ore prices have hit another record mark, surpassing $US200 ($259) per tonne to outdo last month’s historic high.

Iron-ore’s blistering rally sets sights on $200 as steel booms

Mining News Pro - A surge in steel consumption as the world emerges from its pandemic-induced slump is set to drive iron-ore to an unprecedented high as the biggest miners struggle to keep up with the frenzied pace of demand.

Laneway sells coal project stake to focus on gold

Mining News Pro - Aus Tin mining has completed its stage one acquisition of the Ashford coking coal project in New South Wales from Laneway Resources.

Iron ore price hits 10-year high on rising steel demand

Mining News Pro - Iron ore prices continued to climb on Friday despite concerns over environmental restrictions in China.

Oxin Steel: Steel sheet production tonnage record is broken

Mining News Pro - According to its CEO, for the first time, with the production of 735 thousand tons of wide steel sheet, Oxin Steel Company reached the highest production level in the last ten years.

GFG Alliance defends Tahmoor Coal, OneSteel future

Mining News Pro - The collapse of German financier Greensill Capital has thrown the future of the GFG Alliance into jeopardy, with Australia’s Whyalla steel mill and Tahmoor Coal caught in the crossfire.

BHP extends WAIO air charter contract

Mining News Pro - BHP has added two years to its Western Australia Iron Ore (WAIO) air charter services contract with Alliance Aviation Services.

A good year for HOSCO/ Reaching over 1.5 million tons of slab production

Mining News Pro - Chief executive of Hormozgan Steel Co. said that slab exceeded its nominal capacity of 1.5 million tons in this company.

Swedish JV will open first fossil-free steelmaking plant in 2026

Mining News Pro - A Swedish joint venture that aims to remove fossil fuels from steelmaking is planning on establishing its first demonstration plant in 2026.

Iron ore loses steam amid crackdown on China’s steel mills

Mining News Pro - Iron ore prices for Australian fines imports to China have recovered to US$160.1 ($210) per dry metric tonne after falling to a six-week low earlier in the week.

HOSCO slabs with the international quality

Mining News Pro - With the minimum surface defects (98.75%), Hormozgan Steel Company’s slab is one of the high quality products in the world in competitive markets.

Fortescue hands out contracts to Monadelphous

Mining News Pro - Fortescue Metals Group has signed a $150 million crane services contract with Monadelphous and extended a drilling and construction agreement with Vysarn in the Pilbara, Western Australia.

BHP expands EV research with Chinese think tank

Mining News Pro - BHP has agreed to support Automotive Data of China (ADC) with a two-year partnership that will focus on researching electrified transport

Sheffield, Yansteel commence Thunderbird JV

Mining News Pro - Sheffield Resources and Yansteel have begun a joint venture (JV) at the Thunderbird mineral sands project in Western Australia as the latter acquired a 50 per cent stake in Kimberley Mineral Sands.

MIDHCO: Commencement of operation in one of the largest steel projects in Iran

With the presence of MIHDCO’s chief executive, Zarand Iranian Steel Co. has been exploited.

Sheffield/Yansteel JV gets under way

Mining News Pro - Sheffield Resources has concluded its joint venture (JV) transaction with Yansteel over its Thunderbird project, in Western Australia.

Saba Steel Company doubled the production in this year

Mining News Pro - Saba Steel Company has succeeded to increase its production this year.

Zimbabwe says China`s Tsingshan to build iron ore mine

Mining News Pro - China`s Tsingshan Holding Group is set to start developing an iron ore mine and a carbon steel plant in Zimbabwe from May, the African country`s information minister said late on Tuesday, three years after the firm first announced the investment deal.

Achieving the highest crude steel production in the history of Mobarakeh Steel

Mining News Pro - During the 11 months of this year, MSC succeeded to produce 6,341,000 tons of crude steel and reach the highest crude steel production in the history of the company.

A dream that came true: ESCO’s national rail

Mining News Pro - CEO of IDRO said in the International Exhibition of Rail Transport that producing domestic rail was a dream that came true.

Iran’s first 300mm slab has been produced by Oxin Steel Co

Mining News Pro - Oxin steel company is the first to produce 300mm slab in Iran which is the most large and resistant.

Tight supply and demand of iron ore to stay

Mining News Pro - BHP expects iron ore demand will remain strong due to increases in Chinese steelmaker activity.

ArcelorMittal South Africa reports second-half profit as supply squeeze lifts prices

Mining News Pro - Steelmaker ArcelorMittal South Africa (AMSA) return to profit in the second half of its 2020 financial year on the back of steel-shortage-induced price rises that negatively affected many domestic downstream consumers and have led to growing calls for a lifting of import protection.

BHP, JFE to decarbonise steelmaking

Mining News Pro - BHP has established another working collaboration that aims to cut greenhouse gas emissions from the steelmaking process, this time with Japanese Steel producer JFE Steel.

BHP partners with JFE to cut carbon from steel-making

Mining News Pro - BHP Group said on Wednesday it would invest up to $15 million over five years as part of a deal with Japan’s JFE Steel to look at technologies and other ways to lower emissions from the steel-making process.

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