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Sign iron ore price is about to crash
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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Simandou to mine first cargo by end of 2025
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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Arrow Minerals and Baosteel sign MoU on iron ore
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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Billionaire Friedland's iron ore miner seeks up to $190 million in
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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Iron Ore News
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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Vale shares shed $17 billion as iron ore slump foils turnaround
American depository receipts of Vale traded at about 4.6 times estimated earnings, compared with a ratio of 11 times for BHP Group Ltd. and 9.1 times for Rio Tinto Ltd.
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The latest iron ore mining news
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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News
News, videos and resources All PostsBlogNewsVideo Blog | IOA | February 17, 2023 Taconite Talks video: Iron mining 'keeps our economy going' View
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BHP's iron ore, copper output surge on mine improvements
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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Tasmania likely to get underground iron ore mine
Tasmania likely to get underground iron ore mine. Grange's Savage River magnetite mine would be only such operation in Australia. Haydn Black. Savage River has operated for 55 years 28 February 2024. ... Unlock the most comprehensive mining finance news with MiningNews.
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Iron ore
Brazilian mining company Vale has announced its highest annual iron ore production since 2018, despite a decrease in fourth-quarter (Q4)… News Vale initiates commissioning of Capanema iron ore project in Brazil
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Iron Ore Mining News
Latest. January 24, 2025 | Canadian mining optimistic in face of Trump tariff threat; January 24, 2025 | Aquitaine Metals set to drill in France's historic Limousin gold district; January 24, 2025 | Agnico now owns 94% of O3, extends offer to Feb 3; January 24, 2025 | London Symposium JV Video: Nicola Mining targets cash flow, resource growth; January 24, 2025 | Fortuna posts …
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Iron Ore News
You can find all news related to Iron Ore on SteelOrbis. Follow latest developments and updates related to Iron Ore on SteelOrbis. ... Free Fenix Resources' Shine Iron Ore Mine posts first results, output and shipments up sharply. 22 Jan. Free China imposes reduced duty on some steel products from Turkey. 21 Jan. Free Port Hedland resumes ...
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Iron ore miners face pay rise bid from Australian worker unions
Unions representing tens of thousands of workers in Australia's major iron ore hub are preparing to negotiate potential wage rises. ... MINING TV Watch latest news on MINING TV; February ...
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Rio Tinto's iron ore shipments slip, sees global
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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Mitsui Joins Rio in Australia Iron Ore Mine for $5.3 Billion
(Bloomberg) -- Japanese trading house Mitsui & Co. will buy a stake in an Australian iron ore project for $5.3 billion, in a bet that the global steel industry will need high-quality raw materials ...
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The Massive Simandou Iron Ore Mine Could End
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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Fenix to acquire CZR Resources, expanding iron ore operations …
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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Vale posts highest annual iron ore output since 2018 despite …
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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Iron Ore News
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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A new iron ore mine 'every year to the end of this …
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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Vale posts highest annual iron-ore output since 2018 despite …
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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Global Seaborne Iron Ore Trade will be Rocked by Guinea's Simandou Mine
Even at the current price of around $108 a ton, iron ore remains vastly profitable given the cost of producing a ton and getting it to a port in Western Australia is around $23. With Simandou's new high-grade iron ore coming and the need to decarbonize steel production, it could be argued that Australia's golden age of iron ore is coming to an end.
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Mineral Resources announces Yilgarn closure impacting 1,000 …
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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Onslow Iron ramps up 'sophisticated' transhipping operation
Iron ore, Mineral Resources, Mining services, News, Recruitment Onslow Iron ramps up 'sophisticated' transhipping operation Olivia Thomson Just now February 26, 2025
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Simandou Iron Ore Mine: A Game Changer in the Global Iron Ore …
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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Iron ore price nears one-week high on positive China data
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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Iron Ore News
The latest news on iron ore mines and properties, mining companies and iron ore prices.
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Iron ore price falls as Chinese steel mills cut output
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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Column: Massive Simandou mine can end Australia's golden iron …
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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