Dalian iron ore set for monthly gain on resilient steel demand, US

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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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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Fenix sets iron ore record with Shine addition

Mining Company ESG Index: Benchmarking the Future of Sustainable Mining. The Mining Company ESG Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

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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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Vale reports highest iron ore output since 2018

Brazilian mining company Vale has announced its highest annual iron ore production since 2018, despite a decrease in fourth-quarter (Q4) output due to a strategic focus on higher-margin products. The company's production of the steel-making ingredient reached nearly 328 million tonnes (mt) in 2024, a 2% increase from the previous year.

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'Not going to stop': Horror iron ore warning

Soaring supply. Surging stockpiles. Collapsing demand. The unsteady future of iron ore has held Australia transfixed in its headlights for more than a year.

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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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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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Top iron-ore miners face weakest results since 2019

Underlying half-year earnings are seen slumping roughly 50% for Fortescue the world's fourth largest iron-ore producer. Mining stocks were hammered 19% last year against a 7.5% gain in the broader ...

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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 to invest $12.26bn in Carajas to boost iron ore production

The company expects iron ore production in Carajas to reach 200 million tonnes per annum by 2030. Vale CEO Gustavo Pimenta said: "Carajás is a successful example of a public-private partnership focused on protecting the forest where we operate. Using dry mining processes and innovative technologies, we produce around 60% of the ore Brazil ...

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Good news on the Iron Range: $2 billion Mesabi …

Normally, news of a new mine is welcome on the Iron Range. But years of delays on this project caused rampant frustration. Today, Mesabi Metallics claims to be on track to ship iron ore in 2026. That figure seems …

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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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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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This Week in Mining

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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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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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. ... 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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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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Iron Ore News

The latest news on iron ore mines and properties, mining companies and iron ore prices.

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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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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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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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BHP's iron ore, copper output surge on mine improvements

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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Iron-ore|MiningWeekly

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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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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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 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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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

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 — GMK Center

News State iron ore mining. 05 February 2025. Guinea expects Simandou to reach maximum production in second year of operation. The government expects two mines at the deposit to produce 30 million tons of ore each in the first year . News Companies Black Iron. 30 January 2025. Black Iron has leased 248 hectares of land in Kryvyi Rih for ...

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