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iron ore mining - Latest news GMK Center

Photo – India increased iron ore production to 289 million tons in FY2024/2025
India increased iron ore production to 289 million tons in FY2024/2025

This result is a historical record, surpassing the maximum of the previous financial period

Photo – Tata Steel to spend $1.18 billion to increase iron ore production
Tata Steel to spend $1.18 billion to increase iron ore production

Company to expand mining capacity to 55 million tons

Photo – Fortescue increased iron ore shipments by 6.5% y/y in January-March
Fortescue increased iron ore shipments by 6.5% y/y in January-March

Total production for the period amounted to 55.5 million tons

Photo – LKAB increased iron ore shipments by 2.2 times y/y in Q1
LKAB increased iron ore shipments by 2.2 times y/y in Q1

Production of iron ore products decreased by 1.5% y/iy over the period

Photo – Ukraine’s iron ore exports: why are they falling?
Ukraine’s iron ore exports: why are they falling?

The losses of the Ukrainian economy and budget may turn out to be much higher than previously forecasted

Photo – Vale reduced iron ore production by 4.5% y/y in Q1
Vale reduced iron ore production by 4.5% y/y in Q1

Sales of these raw materials increased by 3.6% year-on-year in the period under review

Photo – Fortescue to build solar power plant for ore mining operations
Fortescue to build solar power plant for ore mining operations

The proposal includes the installation of solar panels, a substation and supporting infrastructure

Photo – Tajikistan builds first iron ore enrichment plant
Tajikistan builds first iron ore enrichment plant

The foundation of a plant that will process 2.5 million tons of ore per year and create thousands of jobs is laid in the Sughd region

Photo – Sukha Balka resumed block preparation at depths below -1210 meters
Sukha Balka resumed block preparation at depths below -1210 meters

Frunze Mine resumes the project to sink workings at the -1210 m and -1275 m horizons, which was suspended due to the war

Photo – Iron ore production in China fell by 12.6% y/y in January-February
Iron ore production in China fell by 12.6% y/y in January-February

Production volumes amounted to 158.35 million tonnes

Photo – KZHRK puts most of its employees on idle until April
KZHRK puts most of its employees on idle until April

The company has problems with sales and electricity payments

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