Keyword: "iron ore"

Mining News Pro - Chinese iron ore prices rose for a sixth straight session on Tuesday as Brazil`s Vale faced further restrictions at its iron ore operations, adding to concerns about tight supply of the steelmaking raw material.

Mining News Pro - The production of iron ore concentrate increased by 19 percent in the 11 months of this year.

Mining News Pro - An emergency crew called out to manually apply handbrakes to a 268-car iron ore train in the Australian outback mistakenly put the brakes on the wrong train, according to a preliminary report into a runaway train derailment last year.

Mining News Pro - China`s steel and iron ore markets are currently crowded with an overload of information, much of it seemingly pulling prices in opposing directions.

Mining News Pro - Prices of China`s steel-making raw materials dropped on Wednesday after the top steelmaking city of Tangshan maintained the highest smog alert amid unfavourable weather conditions, while the government vowed to extend its anti-smog measures.

Mining News Pro - Excluding Vale, close to 8 million tonnes of seaborne iron ore supply from Brazil is at risk in 2019, a report by Wood Mackenzie states.

Mining News Pro - Deputy Commercial of Esfahan Steel Company (ESC) said: “Our company is 50 years old and we have new technologies that their products have global standards. The production of rails is a proven example that can only be produced by a few countries in the world.

Mining News Pro - China iron ore futures rose to a record on Monday, the first session after a week-long national holiday, on concerns that supply from Brazil, the country`s second-largest ore supplier, may decline after a fatal dam accident at a Vale mine.

Mining News Pro - Iron ore prices reached an almost two-year high on Tuesday, following January’s fatal tailings dam breach in Brazil at Vale’s Córrego do Feijão mine. Iron ore was at $86.65/dry ton on Feb. 4, up 14% since the dam breach and the highest since March 2017, according to S&P Global Platts.

Mining News Pro - The global iron ore price is expected to temporarily rise above $US100 ($138) per tonne due to fallout from Vale’s recent tailing dam disaster in Brazil.

Mining News Pro - Iron ore concentrate production of major Iranian mining companies in the first nine months of the current Iranian year (Mar.21_Dec.21, 2018) up 22 % year-on-year.

Mining News Pro - SIMEC Mining has extended its exclusivity period at Havilah Resources’ Maldorky and Grants iron ore projects in South Australia.

Mining News Pro - A senior expert on international iron and steel markets said: “The price of iron ore will remain high a little after Chinese New Year but Australia will compensate the deficit of the market."

Mining News Pro - World’s largest miner BHP is facing accusations by the state of Western Australia of having underpaid iron ore royalties on shipments sold via its Singapore marketing hub, stretching back over more than a decade.

Mining News Pro - GIW Industries, a leader in the design, manufacture, and application of heavy-duty centrifugal slurry pumps, is celebrating success with the recent replacement of a mill discharge pump at an iron ore plant in northern Minnesota, US.

Mining News Pro - Rio Tinto, the world’s second largest miner, and China Baowu Steel Group have agreed to discuss extending the Bao-HI iron ore joint venture in Western Australia’s Pilbara region. Bao-HI has achieved sales of more than 180 million tonnes since it was created in 2002.

Mining News Pro - Anglo American has resumed operations at its Minas-Rio iron ore mine in Brazil almost nine months since it suspended activities following the discovery of two leaks along the 529 km slurry pipeline.

Mining News Pro - The maiden shipment of Fortescue Metals Group’s new 60.1% Fe content product, West Pilbara Fines, has recently left Herb Elliott Port in Port Hedland, Western Australia, bound for Hunan Valin Steel in China.

Mining News Pro - GFG Alliance executive chairman Sanjeev Gupta has revealed the company is planning to construct a steel plant in Whyalla, South Australia, that will be the largest in the western world.

Mining News Pro - Chinese mills are heard to have increased preference of low grade iron ore fines on declining steel margins over decline in steel prices.

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