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iron ore mining - Latest news GMK Center

Photo – Champion Iron acquires Norwegian iron ore company Rana Gruber
Champion Iron acquires Norwegian iron ore company Rana Gruber

The deal provides Champion with a number of strategic advantages, including expansion of its product portfolio

Photo – Iron ore production in China fell to 923.6 million tons in 11 months
Iron ore production in China fell to 923.6 million tons in 11 months

Ferroalloy production increased by 5.8% y/y during the period

Photo – MinRes has commenced implementation of the Lamb Creek iron ore project
MinRes has commenced implementation of the Lamb Creek iron ore project

The project aims to extend the service life of the company's Pilbara Hub

Photo – The first commercial shipment of iron ore from Simandou has departed for China
The first commercial shipment of iron ore from Simandou has departed for China

Shipments from a large-scale mining complex in Guinea usher in a new era of iron ore supply to the global market

Photo – Vale lowers its forecast for iron ore production in 2026
Vale lowers its forecast for iron ore production in 2026

The company expects to produce 335-345 million tons next year

Photo – CISA calls for acceleration of Chinese iron ore mining projects
CISA calls for acceleration of Chinese iron ore mining projects

The country seeks to reduce its dependence on imported supplies

Photo – Global iron ore supply in 2026 will amount to 2.68 billion tons – Mysteel
Global iron ore supply in 2026 will amount to 2.68 billion tons – Mysteel

Africa will be the key driver of growth in production volumes

Photo – China reduced iron ore production by 3.2% y/y in January-October
China reduced iron ore production by 3.2% y/y in January-October

During October, raw material production amounted to 84.03 million tons

Photo – Norway’s Rana Gruber plans to switch to producing high-quality iron ore by 2029
Norway’s Rana Gruber plans to switch to producing high-quality iron ore by 2029

The company has now achieved a stable iron content of 65% and is preparing to improve the quality of the concentrate

Photo – The Simandou iron ore mining project has been launched in Guinea
The Simandou iron ore mining project has been launched in Guinea

It will become Africa's largest mining and transport complex, exporting up to 120 million tons of ore annually

Photo – ArcelorMittal produced 42.8 million tons of steel in January-September
ArcelorMittal produced 42.8 million tons of steel in January-September

Iron ore production for the period amounted to 35.7 million tons

Photo – Metinvest’s mining and processing plants shipped 11.4 million tons of products in January-September
Metinvest’s mining and processing plants shipped 11.4 million tons of products in January-September

The railway divisions of the combines transported 51.4 million tons of rock mass, ensuring over 550 million tonne-kilometers of freight turnover

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