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Tag: iron ore

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Iron ore prices slump as China’s steel market remains weak

Iron ore prices steadied but are on track for their worst week since March, with little sign of recovery for China’s struggling steel market....

Beowulf Mining confirms high-grade iron ore at Kallak project in Sweden

Beowulf Mining PLC announced that recent metallurgical test work at its Kallak iron ore project in Sweden has confirmed the production of a high-grade...

BHP launches electric excavator fleet at Yandi mine, marking key step in decarbonization efforts

BHP has marked a significant milestone in its efforts to decarbonize operations by launching its first electric excavator fleet at the Yandi iron ore...

Tanzania and Fujian Hexingwang partner on $77.4 million Maganga Matitu iron ore project

Tanzania's state-owned National Development Corporation (NDC) has partnered with Chinese company Fujian Hexingwang Industrial Co. Ltd. to develop the Maganga Matitu iron ore project...

Saudi Minister concludes talks in Chile to strengthen mining cooperation and investment

Saudi Arabia’s Industry and Mineral Resources Minister, Bandar AlKhorayef, has wrapped up a visit to Chile, where he engaged in discussions with key officials...

Red Hawk Mining advances Blacksmith iron ore project in Western Australia, aiming for 5Mtpa production

The Blacksmith iron ore project, located in Western Australia’s Pilbara region, is set to be developed as a direct shipping ore (DSO) operation. Led...

Algeria emerges as China’s leading iron ore supplier in Africa

Algeria, Africa's largest country, is poised to transform into a major iron ore supplier for China, reducing Beijing's reliance on Australian imports crucial for...

Adapting Russian commodity markets amid international sanctions

The geopolitical landscape has shifted dramatically for Russia following the invasion of Ukraine, leading to significant repercussions for its role as a major commodities...

Sydvaranger acquisition: GRANGEX expands amidst Russian ore exodus

The withdrawal of Russian ore from the European market is fueling increased demand for companies like Sydvaranger, according to Christer Lindquist, leader of GRANGEX....
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