23.5 C
Belgrade
Supported byspot_img

Tag: iron

spot_img

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....

China’s ambitious Sahara mine project: Rethinking iron ore sources amid economic shifts

Beijing is undertaking a colossal endeavor in the Sahara Desert, aiming to establish a mine that would serve as an alternative to Australian iron...

Simandou iron ore project secures $15 billion financing for crucial infrastructure development in Guinea

According to a report from Bloomberg, shareholders of the Simandou iron ore project in Guinea have recently signed financing agreements totaling $15 billion. This...

Australia’s iron ore industry in the age of sustainable steel production

Australia’s economic powerhouse, its iron ore sector, faces a pivotal moment as its key consumer, China, moves towards reducing its carbon footprint. While iron...

EU direct reduced iron imports surge in January 2024

In January 2024, the European Union experienced a notable surge in imports of direct reduced iron (DRI), marking a 68.4% increase compared to the...

Turkey: Steel producer Erdemir unveils iron ore reserves

Erdemir, Türkiye's leading integrated steel producer, has announced the discovery of significant magnetite iron ore reserves, estimated at 250-300 million tons, at one of...

Grangex CEO tackles security issues in ambitious Sydvaranger mine revival plans

Christer Lindquist, CEO of Grangex, acknowledges that the security situation in the Norwegian-Russian border area might deter investors. Lindquist emphasized the uniqueness of the...

EU witnesses substantial drop in 2023 imports of Russian iron and steel products amid ongoing sanctions

The main share of imports falls on semi-finished products – 69.4% of the total volume of deliveries In 2023, the European Union reduced imports of...

EU Witnesses an 11% Year-on-Year Decline in Iron Ore Imports in 2023

In 2023, the European Union reduced imports of iron ore from third countries by 11% compared to 2022, to 72.75 million tons. This is...
Supported by
Supported by
Supported by
error: Content is protected !!