iron ore mining

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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

bloomberg
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

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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

krruda.dp.ua
KZHRK produced 2.89 million tons of sinter ore in 2022

The production of sinter ore for 12 months of 2022 decreased by 33.3% y/y

Sukha Balka introduces a new block at the Yuvileina mine with reserves of 117 thousand tons

Site №1 prepared for operation block 10-19 of the "Nest" deposit of the fifth sub-floor of the horizon – 1420 m

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China reduced iron ore production by 0.5% in January-November 2022

Production increased by 9.4% compared to October

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The revenues of Chinese steelmakers for the 11 months of 2022 fell by 94.5% y/y

In the sector of mining and beneficiation of ferrous metals, profits decreased by 27.6% y/y

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