iron ore mining

dia.dp.gov.ua
KZHRK increased the production of sinter ore by 48.1% m/m in February 2023

The production of sinter ore for January-February 2023 decreased by 50.3% y/y

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Sukha Balka put into operation 10 new units with a capacity of 800 thousand tons of iron ore in 2022

Over the past year, the company invested more than UAH 20 million in new mining equipment, in particular, mine cars and loading machines

Sukha Balka set up new production facilities at the Yuvileyna mine in February

The new block 28-30+10 at the horizon of 1420 m has reserves of raw materials at the level of 126 thousand tons

Metinvest plans to increase the capacity of mining plants to at least 30%

The company has already resumed the work of the Northern and Ingulets Minings, which had been idle since July 2022

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China’s Baowu Steel seeks to expand ties with Rio Tinto

In 2022, the companies created a joint venture to develop the Western Range project

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ArcelorMittal postponed the investment of $150 million in the Mexican Las Truchas

Bureaucracy and disruptions in the delivery of equipment hinder the increase in the capacity of the mining complex in Mexico

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Fortescue will begin mining iron ore in Africa by the end of 2023

At the initial stage, iron ore production will amount to 2 million tons per year

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Anglo American cut iron ore production by 7% y/y in 2022

The company's forecast for 2023 is 57-61 million tons

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Chinese steelmakers’ revenues in 2022 fell by 91.3% y/y

In the sector of ferrous metal ores extraction and beneficiation, revenues decreased by 22% y/y

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China reduced the production of iron ore by 1% y/y in 2022

In December, production decreased by 2.4% year-on-year

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BHP increased iron ore production by 2% y/y in the first half of the 2022/2023 financial year

The company expects that in 2023 China will become a stabilizing force in the raw materials market

riotinto.com
Rio Tinto in 2022 kept iron ore shipments at the level of 2021

In 2021, iron ore production increased by 1% y/y – 324.1 million tons

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