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The embattled mining magnate personally showed shareholders around Mineral Resources’ $3b Onslow Iron project, shortly after ...
It’s been a time of ridiculous plenty. Up in the Pilbara, giant iron ore boats that weigh 250,000 tonnes are arriving every few hours, filling up and sailing away, usually to China. China takes ...
Sure, iron ore mining in Australia is relatively cheap and relatively easy to extract. Simply load rock on a boat and ship it to China’s massive steel refineries. But few consider the vast ...
Simandou is largely a Chinese venture, with 75% of the production controlled by Chinese companies including Baosteel, and 25% held by Rio Tinto, the world's largest iron ore miner. While in theory ...
Australia’s iron ore golden age is well and truly over. A new age is dawning – but it looks like the country may have already missed the boat. The “dig it and ship it” economics of ...
LAUNCESTON, Australia, Nov 21 (Reuters) - Iron ore prices are gathering steam as confidence over the outlook for China's steel demand increases, outweighing bearish factors such as potential ...
Vale S.A. VALE reported iron ore production of around 67.7 million tons (Mt) for the first quarter of 2025, which was 4.5% lower than the year-ago quarter. A strong performance at the S11D mine ...
Despite iron ore rebounding strongly in early 2023, after falling more than 50% in the second half of 2022, prices are expected to ease over the next 5 years on slower demand growth and more supply.
However, Cleveland-Cliffs, Northshore's owner, does not expect to run the iron ore operation at full capacity in 2023. Cleveland-Cliffs declined to disclose how many of Northshore's 450 employees ...