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.

MinRes haulage disruptions impact iron ore shipments

Mining News Pro - Mineral Resources (MinRes) has felt the effect of Western Australia’s COVID-19 border closures during the March quarter as a shortage of haulage drivers meant tonnes of iron ore were left untouched.

Fortescue exports 1.5bn tonnes of iron ore

Mining News Pro - Fortescue Metals Group has shipped more than 1.5 billion tonnes of iron ore from its Pilbara operations since 2003, reaching the milestone three years after hitting its billionth tonne from Port Hedland.

Iron ore price jumps on big spread between spot cargoes and futures

Mining News Pro - Iron ore futures rose as much as 4% on Thursday on a big spread between spot cargoes and futures and demand for the steelmaking ingredient strengthened.

WA gold, nickel sales surge alongside iron ore

Mining News Pro - Western Australia has achieved record sales and employment in its mineral and petroleum industry in 2020 despite the hard border impacts brought on by the COVID-19 pandemic.

CITIC to mine additional 1bn tonnes of iron ore

Mining News Pro - CITIC is set to strike a deal with Mineralogy chairman Clive Palmer to mine a further one billion tonnes of iron ore in Western Australia.

Top iron ore producer forecasts 50% fall in price

Mining News Pro - Iron ore was the best performing commodity in 2020, thanks to China’s early emergence from the pandemic and Beijing’s heavy spending on economic stimulus, particularly infrastructure.

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.

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.

Green power anticipated to surpass iron ore business: Fortescue

Mining News Pro - Fortescue Metals Group has moved its carbon neutrality target forward by 10 years to 2030 as the company advances its emissions reduction projects

Iron ore price dives on China pollution crackdown

Mining News Pro - Iron ore prices fell on Friday as moves in China to restrict steel mills’ highly-polluting operations and reduce production capacity weighed on sentiment.

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.

China Jan-Feb iron ore imports up 2.8% on healthy demand

Mining News Pro - China’s iron ore imports rose 2.8% for the first two months of 2021 from a year earlier, customs data showed on Sunday, as demand for the steelmaking ingredient was supported by a firm consumption outlook.

Atlas Iron trucks first Sanjiv Ridge iron ore

Mining News Pro - Atlas Iron has hauled its first shipment of iron ore from the Sanjiv Ridge operation in Western Australia ahead of schedule.

Iron ore exports sink in January

Mining News Pro - Australia’s iron ore exports have declined following port shutdowns in Port Hedland due to cyclone concerns, according to Australian Bureau of Statistics (ABS) data.

Iron ore price bounces back on strong demand and shipment doubts

Mining News Pro - Iron ore prices bounced back on Monday after a slight decline on Friday, as demand remains strong in China’s steel sector and doubts have been raised about Brazilian shipments.

Shortage in global iron ore supply to stay

Mining News Pro - Rio Tinto is anticipating another strong year for iron ore in 2021 due to sustained demand from steel producers.

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.

BHP to strengthen iron ore assets amid price uncertainty

Mining News Pro - BHP has constructed 90 per cent of the South Flank iron ore project in Western Australia, keeping the development on track to start production by mid 2021.

GWR completes first iron ore shipment

Mining News Pro - Golden West Resources (GWR) has embarked on its maiden iron ore shipment, overcoming wet weather and haulage issues.

Pilbara to lead decades of Australian iron ore prosperity

Mining News Pro - Australia’s iron ore resource base is capable of sustaining production for at least six decades, according to the Minerals Council of Australia (MCA).

Iron ore, gold, copper break export records

Mining News Pro - Australia’s resources industry has delivered revenue records for iron ore, gold and copper in 2020, according to Australian Bureau of Statistics data.

Iron ore price surges on Vale’s 2021 production outlook

Mining News Pro - Iron ore prices jumped on Thursday after Vale reported 4Q20 output of 84.5 million tonnes, a 5% decline from the third quarter (88.6 million tonnes).

Iron ore prices resurface after dive

Mining News Pro - The price of Australian iron ore fines has moved back above $US150 ($US196.31) per dry metric tonne after sharp falls in recent weeks.

Iron ore price in full retreat as Chinese steel starts to pile up

Mining News Pro - Iron ore prices fell back on Tuesday after data showed five straight weeks of lower production by Chinese steel mills, which forge more crude steel than the rest of the world combined.

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