iron ore mining

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Iron ore exploration expenditures in Australia reach peak in 10 years

In the third quarter of 2024, they amounted to $134.9 million, growing by 9.7% year-on-year

metinvest.media
Ukraine’s iron ore exports to decline by 15% in 2025

Producers face rising costs and market volatility

metinvest.media
Central Mining is increasing production and will reach 100% capacity by the end of 2024

Despite the challenges of wartime, Central Mining demonstrates stable development and achievements

lkab.com
LKAB and Statkraft deepen cooperation in onshore wind energy

The partnership aims to develop wind energy to ensure a sustainable future and energy independence

pinsentmasons.com
China’s Baosteel expects Simandou mine to start production by 2025

The project with a capacity of 120 million tons will contribute to the green transformation of steel industry

facbook.com
LKAB reduced iron ore production by 12% y/y in January-September

Raw material supplies to customers decreased by 19.1% y/y

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BHP increased iron ore production by 2% y/y in July-September

The production forecast for the 2024/2025 financial year remained at the level of 255-265.5 million tons

metinvest.media
Central Mining allocated UAH 2.4 million to update the equipment of the crushing plant

The company replaced the grinding cone of the KKD 1500/180 crusher

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China increased iron ore production by 4.1% y/y in January-August

In August, the indicator fell by 16% y/y

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Vale has raised its iron ore production forecast for 2024

The company updated its expectations despite the decline in prices on the global market

bloomberg.com
Rio Tinto ordered equipment for the Simandou project from China’s XCMG

The total amount of the contract is about $110 million

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Fortescue shipped 191.6 million tons of ore in FY2023/2024

Production of iron ore in the specified period amounted to 216.9 million tons

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