Australia retains iron ore price forecasts for current year and next year

Australia's iron ore export earnings are forecast to decline to A$108 billion in 2024-25 from A$138 billion in 2023-24 and to A$96 billion in 2025-26

Tuesday, December 24, 2024

Electra and Interfer to cooperate in the field of pure iron

The government of coastal Indian state of Goa has put up for auction 18 idle iron ore dumps with total estimated volume of 30 million mt of low-grade ore ranging

Monday, December 23, 2024

Goa government to auction 18 idle low grade iron ore dumps

The government of coastal Indian state of Goa has put up for auction 18 idle iron ore dumps with total estimated volume of 30 million mt of low-grade ore ranging between 45-51 percent Fe content, a government official said on Thursday,December 19.

Friday, December 20, 2024

Nippon Steel and Sojitz to acquire 49% in Champion Iron project

Japanese steelmaker Nippon Steel and trading house Sojitz will acquire a 49% stake in Champion Iron’s Canadian iron ore project for $152 million. It is reported by Reuters.

Thursday, December 19, 2024

Global coal consumption expected to hit record high in 2024, IEA says

Global coal demand is forecast to be 8.77 billion tonnes in 2024

Thursday, December 19, 2024

BHP says Australian South Flank iron-ore operations resume after weekend pause

BHP paused operations at two iron-ore mines in Western Australia on Saturday after heavy rains in the country's Pilbara region, a spokesperson told Reuters on Tuesday, adding operations have since resumed.

Wednesday, December 18, 2024

BlueScope, BHP, Rio Tinto to build ESF pilot plant to decarbonise Australian steel industry

The Kwinana Industrial Area, in Western Australia, has been selected as the location for Australia’s largest ironmaking electric smelting furnace (ESF) pilot plant.

Wednesday, December 18, 2024

Samarco to invest more than $1bn to resume full capacity

Samarco Minercao expects to invest more than $1-billion to return its iron-ore operations to full capacity by January 2028

Tuesday, December 17, 2024
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