Vale said on Tuesday it expects to produce between 325-million and 335-million metric tons of iron-ore in 2025, following an output of about 328-million tons this year.
Kazakhstan plans to launch a large-scale Lomonosovske iron ore project (Lomo) with reserves of 74 million tons of iron ore concentrate with an Fe content of over 67%
Iron-ore futures ticked up on Tuesday for a second straight session, buoyed by stronger global steel production, although US President-elect Donald Trump's pledge to implement new tariffs when he takes office limited gains.
Montreal-headquartered Strategic Resources has signed definitive agency agreements with commodities trader Javelin Global to procure four-million tonnes of direct reduction (DR) grade iron-ore concentrate