Australian state sets record export amid growing trade with China
South Australian exports have risen to a record high on the back of a boost in trade with China. |
Fortescue marks record shipment in full year
Iron-ore major Fortescue has reported record iron-ore shipments for the full year ended June following a strong June quarter. |
Iron ore profits to drop by a third as miners eye China demand
Rio Tinto is the first of the global iron ore majors expected to report lower half-year earnings from this week, as supply chains normalize after Covid-19 and attention turns to how suppliers to China’s steelmaking industry see customer demand. |
Kumba lowers full-year sales guidance as logistics challenges persist
Kumba Iron Ore achieved a solid operational and financial performance for the six months ended June 30, despite ongoing logistics constraints and weak global steel demand impacting on iron-ore markets, while continuing to drive for zero harm and the eliminatio... |
Magnum to refresh Buena Vista economics
ASX-listed Magnum Mining & Exploration on Friday announced that it would undertake a refresh of the engineering design for its Buena Vista iron project in Nevada. |
Ferrexpo's second-quarter output jumps
Ukraine-focused miner Ferrexpo posted an 18% jump in second-quarter production from the previous quarter, buoyed by stable production from first pelletiser line and initial contribution from second line after resumption in February. |
Ternium restarts Mexico mine operations after hiatus when activists disappeared
Steelmaker Ternium said on Wednesday it had resumed operations at an iron-ore mine in Mexico after a more than five-month hiatus sparked by clashes between the firm and local community over the disappearance of two environmental activists. |
BHP sees electrified steel production from Pilbara ores
European DRI capacity is expected to rise to around 40mn t/yr in Europe from under 1mn t/yr at present as the steel sector looks to curb emissions. |
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