iron ore mining - Latest news GMK Center

In April, the figure fell by 3.5% y/y

The reserves in blocks 40–46 at the Yuvileina Mine are sufficient for six months of steady production

Computer vision technology has reduced downtime and improved efficiency

Production at the Kumba mine in South Africa fell to 8.8 million tons, and at the Minas-Rio mine in Brazil to 6.4 million tons

The growth will be driven by an expansion of mining capacity

Total ore production amounted to 181 million tons

In January–March, production totaled 241.8 million tons

Production in the Pilbara region rose by 13%

The details of the agreements have not been disclosed, so it is difficult for the market to assess their scope at this time

Sales of raw materials rose by 3.9% y/y during the period

The growth was driven by strong performance from some large companies

The suspension of operations from mid-April through November will reduce pellet shipments in 2026 by approximately 2 million tons