iron ore

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India reduced iron ore exports by 55% y/y in November

The sharp decline was driven mainly by lower demand from China and an increase in domestic steel production

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BHP and Rio Tinto to build a pilot green pig iron plant in Australia

The start of commercial operation is expected in 2028

krruda.dp.ua
KZRK declares crisis due to VAT debts and power outages

The plant did not receive UAH 330 million in VAT and faced a power outage

facebook.com
Ukrainian seaports handled 16.7 million tons of iron ore in 11 months

Total cargo turnover exceeded 90 million tons

metinvest.media
Northern Mining notes clear dynamics of increasing utilization

In the summer, the company resumed operations at the Gannivsky open pit, which is already approaching its 100% capacity

metinvest.media
Ukraine exported 2.46 million tons of iron ore in November

Shipments decreased by 3.1% compared to October

theminingexecutive.com
Rio Tinto expects ore production to grow by 15 million tons in 2023-2025

In addition to increasing its production performance, the company is actively promoting its decarbonization strategy

vale.com
Vale increases iron ore production prospects

The company is changing its strategic approach to operations

Port transshipment of iron ore for 10 months amounted to about 15.2 mln tons

In the same period, the handling of steel products at ports amounted to 2.9 mln tons

scmp.com
Kazakhstan plans to launch an iron ore project with reserves of 74 million tons by 2027

Extraction of raw materials is planned to be completed in 20 years

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Iron ore prices increased by 4.2% over the past week

Optimism about support for China's economy drives demand, despite risks associated with the real estate market and high inventories

Sukha Balka has prepared a new block with reserves of over 60 ths tons of ore

The new production unit will supply raw materials to the mountain during the next 2.5 months

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