Australia's Rio Tinto RIO.AX said on Monday it expects iron ore shipments of 323 million to 338 million tons in fiscal 2024 at Pilbara, marginally above its forecast for 2023, as operating conditions continue to improve.

Rio Tinto said it backed its full-year guidance to cost and shipments for its Pilbara iron ore operations.

Vale and Petrobras from Brazil have inked a two-year memorandum of understanding, with the aim of collaborating on the development of eco-friendly emission reduction solutions.

Iran's total iron and steel exports, including semi-finished products and steel products, amounted to 5 million 286 thousand tons in the first 6 months of this year.

Port Hedland shipped 47.8mn t in August, up from 43.74mn t in July and 45.8mn t in August 2022, according to Pilbara Ports Authority data.

Vale is a major global producer of iron ore, copper and nickel.

DCH Group acquired the mine from Evraz Group back in May 2017.

Turkey's iron ore imports totaled 635,208 mt, declining by 12.2 percent compared to the previous month