Mining News Pro - Rio Tinto Ltd said on Wednesday it would team up with its biggest customer China Baowu Steel Group to develop an iron ore project in Western Australia for $2 billion as it looks to prop up its production from the Pilbara region.

Wednesday, September 14, 2022 - 13:51:39

Visit: 104

Mining News Pro - Overall, the global iron ore production is expected to grow at a forecast period (2023-2026) CAGR of 2.6% to reach 2,716.9Mt in 2026. Overall, this growth will be primarily driven by Australia and Brazil.

Tuesday, September 13, 2022 - 10:06:51

Visit: 119

Mining News Pro - China’s imports of iron ore in August rose 5.5% from the prior month, customs data showed on Wednesday, even as operating rates at blast furnaces only slightly improved.

Friday, September 9, 2022 - 21:27:39

Visit: 94

Mining News Pro - The iron ore price rose on Thursday after the Chinese city of Zhengzhou said it would start building stalled housing projects.

Friday, September 9, 2022 - 21:18:50

Visit: 101

Mining News Pro - China’s imports of iron ore in August rose 5.5% from the prior month, customs data showed on Wednesday, even as operating rates at blast furnaces only slightly improved.

Thursday, September 8, 2022 - 21:05:25

Visit: 100

Mining News Pro - The iron ore price fell on Thursday pressured by worries over fresh covid-19 restrictions and property sector troubles in China squeezing demand for ferrous metals.

Friday, September 2, 2022 - 16:53:40

Visit: 112

Mining News Pro - The iron ore price fell below $100 a tonne for the first time in over five weeks on signs that the crisis in China’s steel industry is worsening.

Wednesday, August 31, 2022 - 13:01:55

Visit: 121

Mining News Pro - The iron ore price rose on Thursday, as Chinese steel mills boosted production.

Friday, August 26, 2022 - 19:33:23

Visit: 148

Mining News Pro - The iron ore price rose on Tuesday after China cut benchmark lending rates and lowered the mortgage reference by a bigger margin in a move to support its property market.

Wednesday, August 24, 2022 - 22:49:40

Visit: 156

Mining News Pro - China’s property market, which is already grappling with a debt crisis and weak demand, has been further rocked recently by a mortgage boycott.

Thursday, August 18, 2022 - 09:55:52

Visit: 110

Mining News Pro - The iron ore price fell on Friday as traders weighed demand prospects in China.

Sunday, August 14, 2022 - 15:17:28

Visit: 148

Mining News Pro - Iron ore prices rose on Monday, extending their gains as improved steelmakers’ margins in China encouraged mills to gradually restart idled blast furnaces and boost imports of the steelmaking ingredient.

Tuesday, August 9, 2022 - 14:17:17

Visit: 156

Mining News Pro - Baffinland Iron Mines has sent termination notices to over 1,100 workers at Mary River iron ore mine, in Canada’s Nunavut territory, as the company’s request to increase production to 6 million tonnes through to the end of the year and an expansion application have yet to be answered.

Thursday, August 4, 2022 - 14:21:03

Visit: 234

Mining News Pro - The iron ore price fell on Wednesday as a crisis engulfing property developers in China outweighed improving margins at mills.

Thursday, August 4, 2022 - 14:18:03

Visit: 232

Mining News Pro - After visiting different sectors of the mining complex, chief executive of Chadormalu Company mentioned that Chadormalu’s has an important role in Iran’s national economy.

Monday, August 1, 2022 - 20:28:59

Visit: 109

Mining News Pro - Rio Tinto Group said it’s formed a joint venture with the Guinea government and Winning Consortium Simandou to develop infrastructure including a railway and port in a breakthrough that should help unlock the world’s biggest untapped iron ore deposit.

Thursday, July 28, 2022 - 01:12:07

Visit: 110

Mining News Pro - By extracting 5.99 million tons of iron ore during the first quarter of this year, Sangan Complex recorded a 49% increase in the extraction of this mineral compared to the same period last year.

Wednesday, July 27, 2022 - 23:14:25

Visit: 50

Mining News Pro - The crisis engulfing China’s property sector will help swing the iron ore market to a significant surplus over the second half of the year and push prices sharply lower, according to Goldman Sachs Group Inc.

Wednesday, July 27, 2022 - 14:05:06

Visit: 149

Mining News Pro - The crisis engulfing China’s property sector will help swing the iron ore market to a significant surplus over the second half of the year and push prices sharply lower, according to Goldman Sachs Group Inc.

Tuesday, July 26, 2022 - 22:13:12

Visit: 152

Mining News Pro - China is planning a state-backed iron ore company to oversee everything from massive mine investments in West Africa to buying the steelmaking material from global suppliers, according to people familiar with the matter.

Wednesday, July 20, 2022 - 13:16:32

Visit: 330

Mining News Pro - The iron ore price rebounded on Wednesday after data showed China’s exports grew at a faster-than-expected pace in June.

Thursday, July 14, 2022 - 15:42:10

Visit: 307

Mining News Pro - The iron ore price fell on Monday on growing fears of weakening demand for the raw material in China.

Tuesday, July 12, 2022 - 13:49:21

Visit: 310

Mining News Pro - China’s steel mills are sounding the alarm over crisis conditions in the industry as margins plunge due to weak demand.

Saturday, July 9, 2022 - 12:43:06

Visit: 253

Mining News Pro - Iron ore prices tumbled on Monday, weighed by a gloomy demand outlook in China, where many steel mills are nursing losses and cutting production.

Tuesday, July 5, 2022 - 13:14:24

Visit: 241

Mining News Pro - Guinea’s mines minister has once again ordered a full suspension of activities related to the Simandou iron ore mine project after the two companies involved missed an extended deadline to agree on a joint venture.

Tuesday, July 5, 2022 - 13:06:23

Visit: 414