iron ore

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The Australian government predicts a decline in iron ore prices

The price of iron ore is expected to fall to $97/t in the 2022/2023 financial year

Baowu Steel is teaming up with a Singaporean consortium to develop the Simandu project

The Chinese company is already involved in the development of the southern part of the deposit

Tosyali Algeria will build an iron ore processing plant from Gara Djebilet

The reserves of the Gara-Djebilet field in Algeria, according to various estimates, are from 1 billion to 3 billion tons

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Ukrzaliznytsia transported 1.49 million tons of iron ore in September 2022

In total, the railway operator transported 11.68 million tons of cargo in a month, which is a record figure since the beginning of the war

Bloomberg
Vale reduced iron ore production by 3.7% y/y in the first half of 2022

The production of iron ore pellets during this period increased by 9.1% y/y

KZHRK produced 2.3 million tons of sinter ore in January-August 2022

Sinter ore production decreased in 8 months of 2022 by 21.9% y/y

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Moody’s changed the global forecast for the mining and metals sector

The aggregate EBITDA of the largest companies is expected to decline over the next 12 months

udp.one
UDP is developing new routes for transporting iron ore on the Middle Danube

After the start of the war, almost the entire fleet of the Danube Shipping Company was relocated to the Lower Danube to ensure the export of grain

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Ukrzaliznytsia transported 1.4 million tons of iron ore for export in August 2022

In January-August 2022, Ukrainian mining companies sent 18.7 million tons of iron ore abroad by rail

fmgl.com.au
Fortescue to invest $6.2 billion in carbon-free iron ore mining

Full implementation of the company's strategy will make it possible to reduce greenhouse gas emissions by 3 million tons per year

World iron ore production in 2022 will reach the level of last year – Mysteel

Annual production of iron ore should reach 2.4 billion tons due to production growth in the second half of the year

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Fitch downgrades iron ore and coking coal price forecasts for 2022

The updated expectations reflect a decline in global steel production

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