Dalian iron ore price up on restocking demand

Mining News Pro - The Dalian iron ore price jumped over 6% on Tuesday, fuelled by recent restocking demand at steel firms.

Iron ore price back above $100 despite omicron variant fears

Mining News Pro - The iron ore price rose on Monday despite demand fears due to the new omicron coronavirus variant.

Interactive map, report show socio-environmental impacts of energy transition

Mining News Pro - MiningWatch Canada and the Environmental Justice Atlas have released a new interactive map and report that present the social and environmental impacts of mining for lithium, copper, nickel, and graphite in the Americas.

Iron ore price falls to lowest in 18 months on dismal demand outlook

Mining News Pro - Iron ore prices sank on Thursday, dragged down by a dismal demand outlook for steel products and raw materials in China.

Iron ore price rally is over, prices to follow multi-year downtrend

Mining News Pro - The iron ore price rally has ended with prices dropped to levels below what Fitch Solutions forecasted, the market analyst said in its latest industry report.

Premium iron ore’s outperformance is a bearish signal

Mining News Pro - Spot iron ore prices are now lower than the depths plumbed during the early part of the global coronavirus pandemic last year, and market dynamics are yet to signal any recovery in top importer China.

Iron ore price back below $100 on shrinking steel output in China

Mining News Pro - The iron ore price in China fell below 600 yuan ($93.75) per tonne for the first time in nearly a year due to loose supply conditions and poor demand outlook.

Iron ore price lowest since September on Chinese steel curbs

Mining News Pro - Iron ore price slipped on Monday due to sluggish demand at steel mills stemming from Chinese mandated output cuts, while Beijing’s coal price controls also weighed on sentiment.

SIMPEC gets moving on Iron Bridge

Mining News Pro - SIMPEC has commenced major construction as part of its newly awarded $145 million contract for Fortescue Metal Group’s Iron Bridge magnetite project wet processing plant in Western Australia’s Pilbara region.

Iron ore price down as Beijing moves to cool coal prices

Mining News Pro - Iron ore prices continued to fall on Thursday as Beijing beefed up measures to cool surging coal prices.

Botswana delivers first iron ore exports to China

Mining News Pro - Botswana’s first iron ore mine, Ikongwe, has started production and delivered its maiden exports to China, a company official told Reuters on Tuesday, as the Southern African country makes headway in efforts to diversify its economy away from diamonds.

Iron ore price rebounds while La Niña threatens to worsen energy crisis

Mining News Pro - The Dalian iron ore price advanced on Monday, recovering from last week’s selloff that dragged the benchmark prices to multi-week lows.

BHP iron ore output drops 5% on maintenance work, labour crunch

Mining News Pro - BHP Group on Tuesday posted a near 5% drop in first-quarter iron ore output due to maintenance work at its Jimblebar mine and a shortage of rail labour caused by covid-19 border restrictions.

Rio Tinto cuts 2021 iron ore shipments forecast on labour squeeze

Mining News Pro - Rio Tinto Group on Friday reduced its 2021 iron ore shipments forecast, as a tighter labour market in Western Australia delayed the completion of a new greenfield mine at Gudai-Darri.

The world needs Simandou iron ore

Mining News Pro - The world needs Guinea’s massive Simandou iron ore deposit to be developed, Rio Tinto’s chief executive said on Thursday, despite uncertainty in Guinea after last month’s coup.

Iron ore price rout hacks $160 billion off top mining stocks

Mining News Pro - At just over $1.3 trillion, the Top 50* most valuable mining companies lost a combined $158.5 billion in market capitalization over the three months to end September, as iron ore’s plunge and copper’s lacklustre performance prompted a sell-off in the sector’s largest names.

Australia says iron ore price expected to reach $150 by late 2021

Mining News Pro - The iron ore price is expected to reach $150 per tonne by late 2021, before falling to $93 per tonne by the end of 2022, according to a report released by Australia’s department of industry, science, energy & resources.

Iron battery breakthrough could eat lithium’s lunch

Mining News Pro - The world’s electric grids are creaking under the pressure of volatile fossil-fuel prices and the imperative of weaning the world off polluting energy sources. A solution may be at hand, thanks to an innovative battery that’s a cheaper alternative to lithium-ion technology.

Iron ore price jumps as Fortescue halts Pilbara operations

Mining News Pro - Iron ore price jumped to a three-week high on Thursday after Fortescue Metals Group halted mining operations at its Solomon Hub site in Australia’s Pilbara region.

Saldanha Iron Ore Terminal shuts for ten-day maintenance

Mining News Pro - Transnet Port Terminals (TPT) has announced that the Saldanha Iron Ore Terminal’s ten-day planned maintenance shutdown started on September 28.

Iron ore price up despite Chinese power curbs

Mining News Pro - Iron ore prices gained for the third straight session on Monday, rising more than 5% in China, while steel rebar and hot-rolled coils increased amid production controls due to power cuts.

Iron ore price back above $100 after Evergrande debt deal

Mining News Pro - Iron ore price jumped on Wednesday after China Evergrande Group said it reached an agreement with yuan bondholders on an interest payment.

Iron ore makes unruly retreat to more normal price levels

Mining News Pro - Just as iron ore’s surge to a record high in May was an overblown rally, its plunge last week was a disorderly retreat, with neither move fully justified by the fundamentals of supply and demand.

Iron ore price brings growing business back to Earth

Mining News Pro - Iron ore prices have dropped below $US100 per tonne for the first time since early November 2020, bringing promising Australian projects to unfeasible standstills.

Pilbara Ports eyes off iron ore at Ashburton

Mining News Pro - The Pilbara Ports Authority (PPA) has begun investigating the trade of iron ore at the Port of Ashburton in Western Australia, in response to increased exports.

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