Australia's leading iron ore miners are starting to diverge on their views about future demand for the commodity that's vital to our economy, and it's showing up in their investment decisions.
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In the fourth quarter, iron ore production fell 4.6% from the same period a year earlier to 85.3 million tons. Vale said the decline followed its decision to prioritize the output of higher-margin ...
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The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 1.06% higher at 810.5 yuan ($111.54) a metric ton.
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Iron ore futures prices continued their fall on Monday to the lowest level in more than four months. The price drop has largely been caused by a drop off in steelmaking in China, the top consumer of iron ore. ... Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with ...
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The project hosts an iron-ore resource of 16.6-billion tonnes at 29.3% iron, with pilot plant production confirming a high-quality direct reduction concentrate grading 71.3% iron.
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Iron ore News: Check here latest news and updates about Iron ore in India. Read top headlines and breaking news today in India about Iron ore on financialexpress.
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Mining billionaire Robert Friedland's latest venture, iron ore producer Ivanhoe Atlantic Inc., is seeking to raise as much as A$300 million ($190 million) from an initial public offering in ...
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Vale expects iron ore at upper-end guidance on quarterly output rise. The Brazilian mining giant expects to produce 310-320Mt of iron ore in 2024. 17 July 2024
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Production rose because of supply chain improvements, with a record amount of iron ore delivered from the Central Pilbara hub. Gold Futures $ 2953.5 / ozt 0.11% Micro Gold Futures $ 2953.3 / ozt 0.11%
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Brazilian miner Vale posted on Tuesday its highest annual iron-ore production since 2018, even after a decline in output in the fourth quarter when the company prioritised higher-margin products.
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The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy. ... Mining. News. About. Kitco Forum NEW. Jeweler Resources. off-the-wire. BHP's iron ore, copper output surge on mine improvements. By ... Jan 21, 2025 - 5:53 PM. Reuters. BHP Group said ...
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Agile iron ore miner Fenix Resources has added to its hedge book and now has 660,000t of production this year protected with a price of about A$155/t. ... Sign in here. Unlock the most comprehensive mining finance news with MiningNews. Looking for the industry's top publication for ASX-listed mining activities and market trends? MiningNews ...
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Detailed news coverage on iron-ore providing an overview of South Africa's iron-ore industry and those in the rest of Africa, as well as update readers on the status of top iron-ore projects.
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The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 5.35% higher at 827 yuan ($114.87) a metric ton, the highest since March 13.
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For almost 20 years, the value-added iron ore project slated for the old Butler Taconite location confounded Iron Range communities, Minnesota politicians, and even the project's owners. The idea for a sophisticated new …
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Iron ore futures prices continued their fall on Monday to the lowest level in more than four months. The price drop has largely been caused by a drop off in steelmaking in China, the top consumer of iron ore.
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Iron ore shipments leaving Port Hedland, Western Australia in September... 15 October, 2024. Canada; Cyclone Metals announces 7.2-billion-tonne mineral resource for Block 103 Iron Ore Project, Canada. ... Get the …
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There is a very stark reason that the wind-down of iron ore mining in Australia could be swift and devastating. David Llewellyn-Smith. 3 min read. May 25, 2023 - 2:56PM ... Nationwide News Pty Ltd ...
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The world's biggest miners, having cashed in on China's once-rampant demand for iron ore, are starting to reel from the impact of their main customer's economic struggles. BHP Group Ltd ...
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Mining News for the Duluth, Superior, Iron Range areas from WDIO News. News Livestream Weather Sports The Lift School Alert. Search. Home Page; Livestream. ... This Week in Mining 2-15-25.
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Mesabi Metallics has awarded an order for beneficiation plant equipment for their direct-reduction (DR) grade iron ore plant in Nashwauk, Minnesota. Epiroc's Simba production drill rigs achieve milestone in LKAB's …
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Cyclone Metals announces 7.2-billion-tonne mineral resource for Block 103 Iron Ore Project, Canada Cyclone Metals (ASX:CLE) has announced a 7.2-billion-tonne maiden mineral resource... 20 June, 2023
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The project will also produce iron ore with a 65.3% iron content. This is better than what Rio and its competitors currently mine in Western Australia - the region that produces most iron ore. As Chinese steel mills try to decarbonise their production, high grade iron ore could be more in demand in the coming years.
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Simandou Iron Ore Mine: A Game Changer in the Global Iron Ore Market. The long-awaited commencement of production at the Simandou iron ore mine in Guinea is poised to reshape the global iron ore market landscape. According to reports, the first shipments from this enormous project may hit the waters by the end of this year, with a swift escalation to its peak …
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Mining giant Mineral Resources, which received a five-year royalty holiday from the WA government to keep an iron ore mine open, says further taxpayer assistance would not have affected its ...
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The company shipped 328.6 million tonnes of iron ore from Pilbara in 2024. Rio Tinto's iron ore shipments slip, sees global economic resilience - MINING Gold Futures $ 2953.2 / ozt -0.08%
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The Simandou North Iron Project, covered by exploration permit 22967, is situated at the northern end of the Simandou Range. This area is an extension of the stratigraphy hosting the combined Simandou project, which boasts mineral resources totalling 4.7 billion tonnes with a 65.5% iron grade.
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This spells bad news for some of the miners in Western Australia as a combination of a switch to higher-grade iron ore, stagnant demand from China and increased supply from …
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The acquisition will establish a diversified iron ore mining and logistics business for Fenix in WA's major iron ore regions, Mid-West and the Pilbara. Under the agreement, CZR …
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With annual production capacity of 120 million metric tons, the Guinea is set to be the world's largest mine for the highest grade of iron ore. Gold Futures $ 2947.1 / ozt -0.29% Micro Gold ...
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