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Brazilian mining company Vale expressed optimism about the growth prospects of the Chinese economy and asserted its strategic position to contribute to China's high-quality development.

Iron ore shipments from Western Australia's (WA) Port Hedland rallied in December, although 2023 exports were below 2022 as increased sales to India and Vietnam were offset by reduced deliveries to China and Japan.

UK-Australian mining firm Rio Tinto shipped 331.81mn t of iron ore from Western Australia (WA) in 2023.

According to data from the Brazilian Ministry of Development, Industry, and Foreign Trade (Mdic), iron ore exports reached a total of 378.5 million metric tons in 2023.

Jishi, a tunnel boring machine (TBM), was put into use on Sunday in China's underground iron mine construction in Anshan city, Northeast China's Liaoning province, Liaoning Daily reported.

Brazilian iron ore miner Vale announced that it has officially inaugurated the world's first iron ore briquette plant at itsTubarao Unit in Vitória.

The world’s second-largest miner by market value said Wednesday it expects to contribute roughly $6.2 billion to the initial development of the Simandou mine, including port and rail infrastructure needed to export the ore.

Most rail cars that Rio Tinto uses at its mines in Western Australia are from China's CRRC Qiqihar Rolling Stock, a CRRC subsidiary in Northeast China's Heilongjiang province, he said.