Why is Rio Tinto stock declining 35% as iron ore prices plummet?
According to state officials, (NYSE: RIO) has lost more than 11% of its value in the previous month and is now trading at $76 per...
Iron Ore
China’s greenfield iron ore plant will use stirred mill technology from Metso Outotec
One of Metso Outotec’s “Planet Positive” mineral processing orders is several energy-efficient stirred mills for installation at a new iron ore plant in Liaoning Province,...
BHP warns exceptional iron ore price of the past to wane
Regarding China’s decreasing steel output and its current coronavirus epidemic, Anglo-Australian miner BHP warned that the exceptional iron ore prices of the past might be...
Shipments of Vale Iron Ore (Northern Brazil) are at their Lowest Level in 4 Years
Vale iron ore shipments from the Ponta da Madeira port in So Lus, Northern Brazil, were 21% lower than projected, in July. Ponta da Madeira...
S&P hits back in court after Fortescue Metals takes legal action to prevent publication of iron ore price
Fortescue Metals Group, the mining company controlled by the billionaire Andrew “Twiggy” Forrest, has initiated legal action to stop the financial data giant S&P publishing...
India’s low-grade iron ore key behind spurt in export demand
Even as Lockdowns across the world have crippled manufacturing activity, India’s exports of iron ore, essential to the outcome of steel, have been flourishing. Under...
Iron Ore Price boosted as a result of Resilient China Steel Production.
Iron ore prices edged higher last week thanks to a near 1% rise on Friday despite news of the record fall in Chinese economic growth...
A plan has been submitted to explore a state-owned nonferrous metals lease.
Talon Nickel (USA) LLC (Talon) proposed a proposal to search for metallic mineral deposits on leased state mineral rights north of Tamarack, Minnesota, in Aitkin...
Imports of iron ore from China will set a new high in 2020
China’s iron ore imports reached a new high of 1.17 billion metric tonnes in 2020, with an average import price of $101.7 per tonne, up...
Laos’ Xaysomboun Province will have a Chinese company exploring iron mining soon
According to RFA, a Chinese company has signed an agreement with the Xaysomboun province in central Laos to begin preliminary studies for iron mining operations,...