In December last year, iron ore shipments from Australia's Port Hedland decreased by 2.3 percent month on month and by 4.5 percent year on year, totaling 47,613,601 mt.
Recent metallurgical testwork at Simandou North, in Guinea, has confirmed the potential for premium-quality iron-ore, with grades surpassing 66% iron and alumina levels below 0.5%, Arrow Minerals has reported.
The European Commission intends to propose a gradual ban on imports of Russian primary aluminium in the latest sanctions package against Russia over its invasion of Ukraine, diplomats said Tuesday.