Trafigura has secured a $400 million iron ore prepayment deal with MinRes, providing the mining company with much-needed cash amid financial struggles …
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Tag:
iron ore
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Iron ore prices have experienced a significant plunge, reaching a seven-week low as anxieties over softening steel demand in China collide with …
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The Chinese iron ore market is currently caught in a tug-of-war between short-term weakness and longer-term optimism. This week’s price movements reflect …
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The price of iron ore, a key ingredient for steelmaking, has surged by almost 40% since August 2023, despite the ongoing crisis …
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China, the world’s largest consumer of iron ore, imported a record amount of the steelmaking ingredient in 2023, according to official data. …
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Genmin achieves a major milestone with a 20-year mining permit for its Baniaka iron-ore project in Gabon, signaling growth prospects.
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Exploration & Development
How a $20 Billion Mining Project Could Transform the Global Steel Industry
Rio Tinto, one of the world’s largest mining companies, is ready to start its ambitious Simandou project in West Africa, after nearly …
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China Harbour Engineering Co (CHEC), a subsidiary of China Communications Construction Co, has secured the contract for the dredging project of the …
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Commodities
Liberia’s Iron Ore Boom: How Baowu Resources’ Bomi Project is Powering a Sustainable Future
Liberia, a small West African nation, is witnessing a surge in iron ore exports, thanks to a landmark project by Baowu Resources, …
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Australia, one of the world’s leading exporters of natural resources, is facing a decline in its commodity export earnings over the next …
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