According to the Metal Bulletin, on January 26, 2018, benchmark iron ore prices (62% content) fell 0.85% to $74.4 ton while 58% content fines dropped
Atlas believed the stronger balance sheet would allow the miner to face volatility in the iron-ore market with increased confidence. Atlas shipped 2.2-million tonnes for the December 2017 quarter, comprising 1.1-million tonnes of standard fines and 1.1-million tonnes of Atlas lump. The miner further said that
A mining industry source said, exports from Goa are lacklustre as demand from China for low grade iron ore has waned.
Neyriz's DRI plant is capable of producing 800,000 tons of sponge iron per year. DRI, also known as sponge iron, is produced from direct reduction of iron ore in the form of lumps, pellets or fines by a reducing gas. It can be processed to create wrought iron. The new plant is the third to be equipped with the
The Sishen operations saw Q4 production fall 8% year on year to 7.8 million mt after taking advantage of mining efficiencies available in the prior year period. At the smaller Kolomela mine, Q4 production rose 12% to 3.9 million mt, on productivity improvements. Kumba's total finished product stocks rose to
A mining industry source said, exports from Goa are lacklustre as demand from China for low grade iron ore has waned.
South Africa-based lump producer Kumba Iron Ore's export sales in the fourth quarter of 2017 rose 7% year on to 11.4 million mt, and set a similar pace over the year. Kumba's Q4 iron
Now he's started ERP Iron Ore LLC and Chippewa Capital Partners for his two Minnesota mining operations - the former Magentation operations based in Grand Rapids and the former
Business Standard reported that Iron ore production in the country is projected to fall 15 % in FY18 after rising steadily for two successive years since 2014-15 as closure of seven
Iron ore production in the country is projected to fall 15 per cent in FY18 after rising steadily for two successive years since 2014-15 as closure of seven working mines in
Now he's started ERP Iron Ore LLC and Chippewa Capital Partners for his two Minnesota mining operations - the former Magentation operations based in Grand Rapids and the former
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
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
The downward momentum in the seaborne iron ore market slowed on Thursday January 18 with strengthening port prices.
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.
The downward momentum in the seaborne iron ore market slowed on Thursday January 18 with strengthening port prices.
Iron ore prices performed moderately last year, with the benchmark 62 percent fines contract averaging $70 per tonne in 2017, according to
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
The company is confident it has the skills and resources to grow in this space and foster any merger and acquisition opportunities in both the green recycling and mining businesses. The management thanks shareholders for your ongoing support of Geo JS Tech Group. This acquisition gives our company the ability to
Hill said the mine would produce pulverised ore containing a higher-than-normal 70 percent iron that could be fed directly into furnaces as pellets, or sphere-shaped high-quality ore that typically fetches a premium over the sandy iron ore fines. The spot price for iron ore pellets .IO65BP-CNO=MB topped