An accident at mining company Vale's iron ore mine in Brazil has added to bullish iron ore sentiment, with the Argus ICX 62pc seaborne fines
The largest proposed iron ore development in the state has been
According to Metal Bulletin, the spot price for benchmark 62% fines rose by
Spot prices of both seaborne iron ore cargoes and port stocks in China have soared on continued uncertainty over the full impact of Vale's mining dam
However, miners are not willing to link the export price to the domestic price of the raw material, with one member of the Federation of India Mineral Industries pointing out that India's predominant export shipments are of medium- and low-grade iron-ore fines that are not accepted by local steel mills at their
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
Iron ore markets saw the price differential for 65% Fe fines expand last
Another deadly disaster at a Brazilian iron ore mine operated by Vale
A mining industry source said, exports from Goa are lacklustre as demand from China for low grade iron ore has waned.
RETRANSMISSION: M3 Metals Reduces Cap-Ex by 85% on Iron Ore
It was levied by the government's environmental protection agency Ibama. The penalty, for violations at the Vale iron ore mine in Brumadinho,
He vowed to fine the miner 100 million reais ($26.5 million).
He vowed to fine the miner 100 million reais ($26.5 million).
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
As early as next week, iron ore prices may start to reflect the impacts of Vale's
A Rs 15,000-crore project for restoration of the mining-affected
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.
The dam at the Corrego do Feijao mine was a problem from the beginning.