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Rio Tinto tempers annual iron ore shipments outlook as demand weakens

Rio last month said it would team up with China Baowu Steel Group to develop an iron ore project for $2 billion as it looks to prop up its production from the Pilbara region.

Thursday, October 20, 2022

BHP quarterly iron ore production rises on lower covid-19 impacts

The higher production comes despite an 18% fall in spot prices of iron ore over the September quarter.

Thursday, October 20, 2022

Iron ore price outlook clouded by global demand woes, supply risks

Spot prices of ore bound for China, maker of about half the world’s steel, have fallen roughly 40% from this year’s peak above $160 in March.

Thursday, October 20, 2022

Vale beats output estimate in new blow to iron ore prices

Vale is set to release earnings Oct. 27 after the close of regular trading.

Thursday, October 20, 2022

EU crisis opens opportunity for Australian green energy exports – Fortescue

Europe is also bringing legislation that offers incentives for the use of green hydrogen, he said.

Thursday, October 20, 2022

Miners’ losses mount as ports strike drags on in South Africa

“Parties are still engaging,” Transnet spokeswoman Ayanda Shezi said in a reply to questions.

Thursday, October 20, 2022

Fortescue sees first major hydrogen project within next 9 months

Fortescue Chairman Andrew Forrest, Australia’s richest person, launched FFI in 2020 with an ambitious goal to produce 15 million tons of green hydrogen by 2030.

Thursday, October 20, 2022

Iron ore sales, output rise at India’s NMDC in Sept

The daily Argus ICX 62pc iron ore index was at $96.15/dry metric tonne today, down 19pc from a year earlier.

Tuesday, October 11, 2022
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