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iron ore mining - Latest news GMK Center

Photo – Rio Tinto invests $1.8 billion to expand ore production in Australia
Rio Tinto invests $1.8 billion to expand ore production in Australia

This year, the company will start implementing the Brockman Syncline 1 project

Photo – Japan’s Mitsui acquires a stake in Rio Tinto’s iron ore project
Japan’s Mitsui acquires a stake in Rio Tinto’s iron ore project

The company will acquire 40% of shares in the Australian Rhodes Ridge

Photo – Ukraine reduced iron ore exports by 9.2% m/m in January
Ukraine reduced iron ore exports by 9.2% m/m in January

Exports amounted to 3.13 million tonnes

Photo – Metinvest plans to invest UAH 5.7 billion in minings development in 2025
Metinvest plans to invest UAH 5.7 billion in minings development in 2025

Compared to 2024, the company will more than double its investments in iron ore assets

Photo – Sukha Balka launches a new block at Yuvileyna mine with reserves of 135 thousand tons
Sukha Balka launches a new block at Yuvileyna mine with reserves of 135 thousand tons

Production will last for five months, ensuring that production targets are met

Photo – Northern Mining increases capacity to fulfil European orders
Northern Mining increases capacity to fulfil European orders

Two roasting machines were launched simultaneously at the plant

Photo – Fortescue acquires majority stake in Red Hawk
Fortescue acquires majority stake in Red Hawk

The company is interested in the Blacksmith iron ore project

Photo – Vale gains full control of Baovale iron ore project
Vale gains full control of Baovale iron ore project

The company bought 50% of its joint venture shares from China's Baosteel

Photo – Guinea expects Simandou to reach maximum production in second year of operation
Guinea expects Simandou to reach maximum production in second year of operation

The government expects two mines at the deposit to produce 30 million tons of ore each in the first year

Photo – Black Iron has leased 248 hectares of land in Kryvyi Rih for development of a deposit
Black Iron has leased 248 hectares of land in Kryvyi Rih for development of a deposit

The company has leased a key area for the development of the Shymanivsky iron ore project

Photo – Vale increases iron ore production to highest level since 2018
Vale increases iron ore production to highest level since 2018

Brazilian company shows 2% growth in 2024, despite a decline in the fourth quarter

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