- Write by:
-
Saturday, May 29, 2021 - 14:03:20
-
702 Visit
-
Print
Mining News Pro - Chadormalu Mining and Industrial Company will offer 50 thousand tons of concentrate and 50 thousand tons of iron ore in commodity exchange.
According to Mining News Pro - Commercial manager of Chadormalu Company says that the company will offer 50 thousand tons of concentrate and 50 thousand tons of iron ore in commodity exchange.
Etminan also predicts that 150 thousand tons of iron ore and 200 thousand tons of iron ore concentrate will be offered by Chadormalu by the end of this year in Iran’s commodity exchange.
“As a raw material for steel mills iron ore has always been known as a strategic material. In recent years, there was a huge slump in the reserves of active iron ore mines, especially large mines, these companies have turned to buying iron ore from other mines and markets to supply their raw materials,” he says about the importance of this commodity for Iran.
He believes that the lack of a standard pricing reference causes a disruption in the market and there is no benefit for the miner and customer in this process. Therefore,
Commodity Exchange system as a transparent and standard platform that provides same competition conditions for buyers and also the transparency of supply for producers, will solve the current problems.
Short Link:
https://www.miningnews.ir/En/News/614574
Brazil’s Corumba region could more than double iron ore shipments through neighboring Uruguay this year if there is ...
When former boss Mark Cutifani left Anglo American Plc in mid-April 2022, things had rarely looked better for the ...
Brazilian miner Vale SA sees no impact from BHP Group’s bid for Anglo American on the latter’s Minas-Rio project, its ...
Iron ore futures were poised for a third straight weekly rise as prices largely consolidated gains on Friday, with ...
China’s Tianqi Lithium said on Thursday it has formally requested that a proposed joint venture between lithium company ...
Zimbabwe’s President Emmerson Mnangagwa has re-appointed Winston Chitando as the southern African nation’s mines ...
Anglo American Plc said it is has received an unsolicited non-binding combination proposal from BHP Group.
A new report by IDTechEx states that investing in e-haul trucks could result in major savings for miners due to the ...
Mining company Vale expects to reach a final agreement with authorities for reparations for the collapse of the Samarco ...
No comments have been posted yet ...