Business Standard reported that union mines ministry has exhorted Odisha's iron ore mine leaseholders to expand production to match the approved limits under environmental clearance.
Brazilian mining firm Vale reported sales of yuan-denominated portside cargoes on Corex in 2017, but did not give volumes. It plans to increase such sales this year. Vale is aiming to blend around 100mn t of its BRBF fines in China and Malaysia this year and sell a significant amount of these ores on the
The downward momentum in the seaborne iron ore market slowed on Thursday January 18 with strengthening port prices.
Lower grade iron ore prices continue to surge, closing at fresh multi-year
Vale (NYSE:VALE), the world's largest iron ore producer, confirmed Wednesday it is in talks with BHP Billiton over the future of their Samarco joint venture, including the possibility of the Brazilian miner taking full ownership. During a meeting with investors and analysts in Sao Paulo, Vale's investor relations
The company is claiming that the global iron ore industry starts the new
Both Pilbara Blend fines and Carajas fines sold against a 62% Fe index saw their premiums fall in comparison with a week ago, a trading source said. Jimblebar and Mining Area C fines are the more cost-effective materials at the moment, as they are being sold at a discount to a 62% Fe index, the source
Both Pilbara Blend fines and Carajas fines sold against a 62% Fe index saw their premiums fall in comparison with a week ago, a trading source said. Jimblebar and Mining Area C fines are the more cost-effective materials at the moment, as they are being sold at a discount to a 62% Fe index, the source
In all, the number of people in prison for fine default over that period
UK-Australian mining firm Rio Tinto has declared force majeure on shipments of its Robe River iron ore fines and lump following a fire at Cape
Mining firms' varied recovery rates have shifted pricing dynamics for iron ore. Supply remains tighter for Vale's low-alumina fines, lifting premiums for 65pc IOCJ
Rio Tinto calls force majeure on some iron ore shipments after fire in Australia
Rio Tinto calls force majeure on some iron ore shipments after fire in Australia
Rio Tinto calls force majeure on some iron ore shipments after fire in Australia
Sail produced 14.52mn t of fines and 7.48mn t of lump in 2019. Iron ore output from the company's captive mines in the eastern states of
There would be no decrease in the expected 100 million tonne iron ore production this financial year," the official said. The state had 54 functional iron ore and manganese mines. After the latest closure of the seven mines, 47 remain functional. While 41 of them had cleared the fines imposed on them, six of
Kolkata: A 30% surge in global iron ore prices to $90 a tonne this month
In a media statement issued Tuesday, Australia's fifth largest iron ore producer also revealed that net cash flow from operations for six months was $19 million. According to the company, the result was weighed down by the reduction in tonnes shipped following the end of scheduled mining at its Wodgina
The results were also crimped by a slide in prices for iron-ore fines, used to make pellets and later steel, which fell to $63.10/t in the fourth quarter from $67.17 in the third quarter and $69.40 in the same period last year. However, base metals boasted their best quarterly showing since 2011, thanks to higher
At 30 million tonnes per year before the disaster Samarco's pelletizing operations supplied roughly one-fifth of the seaborne trade in the steelmaking raw material that attracts a premium price over iron ore fines and lump ore. Earlier Samarco said that should the mine reopen output would likely be capped