Singapore/Tokyo | China has moved closer to reducing its dependence on Australian iron ore with a landmark deal in Guinea, West Africa, that will unlock one of the world's biggest unexploited...
The goal of the project is to construct a series of reports outlining where the world's known metal ore deposits such as gold, copper, and iron occur and where new deposits are likely to be found. As part of this ambitious …
A remote, "Mad Max" desert more associated with rust than recycling, it's where Fortescue made $10.3 billion in profit last year by extracting iron ore and selling it mostly to Chinese steel ...
MELBOURNE, Aug 30 (Reuters) - Australia's Fortescue Metals Group (FMG.AX) plans to soon announce targets it has set itself for reducing emissions from …
MELBOURNE, Oct 27 (Reuters) - Australian iron ore magnate Andrew Forrest wants to turn his company, Fortescue Metals Group Ltd (FMG.AX), into the world's biggest green energy group, but...
Photographer Ezio D'Agostino documents the tiny European country's space-mining ambitions. In 2016 the tiny European country of Luxembourg announced an ambitious initiative to mine asteroids and...
MONTREAL/VANCOUVER, Nov 20 (Reuters) - A plan by the Canadian province of Quebec to spend billions to develop the mineral riches of its northern region has been dealt a crippling blow by the...
Iron ore is used to smelt iron bars and can be smelted with coal to make steel bars. Smelting iron ore into iron bars has a 50% success rate, unless the player is wearing a ring of forging, using superheat item, or using the …
BRITS (miningweekly.com) – Junior iron-ore miner Manngwe Mining plans to expand its asset base and increase production at its existing operation over the next five years to provide integrated...
There's no lack of ambition for growth in our iron ore business. But when you look at the scale of the green energy transition, it's not unreasonable to think that …
In 2016 the tiny European country of Luxembourg announced an ambitious initiative to mine asteroids and other near-Earth ... He shot abandoned steel mills from the heyday of iron ore mining ...
A remote, "Mad Max" desert more associated with rust than recycling, it's where Fortescue made $10.3 billion in profit last year by …
10 hours agoIron ore futures traded in the north-eastern Chinese city of Dalian jumped as much as 3.5 per cent to Rmb794.5 ($116) per metric tonne following the data release, …
1 day agoFortescue is now very close to production at its higher-grade Iron Bridge project which aims to produce 22mt per annum of iron. The increased earnings from this could provide a real boost for...
There are several potential routes to achieving zero-carbon mines sometime between 2030 and 2040, including BEV and hydrogen pathways. These will require significant mine-level investments—typically $100 million to $130 million for a 25 million metric ton run-of-mine (ROM) …
Iron Ore Price: Get all information on the Price of Iron Ore including News, Charts and Realtime Quotes.
Global Iron Ore market size will increase to Million USD by 2030, from Million USD in 2018, at a CAGR of percent during the forecast period. In this study, 2018 has been considered as the base ...
Fortescue would continue growing its iron ore business, but the scale of the world's green energy transition would boost demand for renewable energy far more, said Gaines, non-executive...
The most likely outcome from all this iron ore volume growth is that prices are headed lower from Friday's Platts price of $US126.65 a tonne, regardless of whether Simandou enters the market....
Australia's big iron ore miners had the capital, the technology and the scale to keep pace with the extraordinary growth of China's steel industry over the first two decades of the 21st century. Brazil lagged far behind. Without Australian iron ore, China's great economic advances, built on rail and highway networks stretched across
Speaking for the first time since his company Mineral Resources acquired two strategic stakes in arguably Australia's biggest dormant iron ore mining and infrastructure project, Mr Ellison said...
Mineral Resources has an ambitious plan to raise its iron ore output across all WA ports – including Esperance on the distant south coast – from about 21 million tonnes this year to 92...
Peter Ker Resources reporter Mar 15, 2021 – 5.27pm Iron ore will be exported from the Republic of Congo by 2023 under the ambitious plans of the company that has taken over tenements that...
The Belinga iron ore project, located in the northeast of Gabon, has been progressively assessed by Fortescue since 2018 and is potentially one of the world's largest undeveloped, high-grade ...
1 day agoHowever, itâ s good for Fortescue shareholders that the company's share price has recovered so much, despite the iron ore price only trading at around US$120 per tonne currently.
Last year, the Perth-based miner said it would spend $6.2 billion to eliminate the use of fossil fuels and achieve "real zero terrestrial emissions" across its iron ore operations by the end ...
Glencore has cleared a key hurdle in its ambition to become an iron ore miner, reaching a preliminary deal with the west African country of Mauritania for a $1bn …
Speaking for the first time since his company Mineral Resources acquired two strategic stakes in arguably Australia's biggest dormant iron ore mining and infrastructure project, Mr Ellison said...
There's no lack of ambition for growth in our iron ore business. But when you look at the scale of the green energy transition, it's not unreasonable to think that ultimately renewable energy...
5 Jul 2022. Guinea's mines minister has ordered all work related to the Simandou iron ore mine project to be halted after the two companies involved missed an extended deadline to agree on a ...
10 hours agoIron ore futures traded in the north-eastern Chinese city of Dalian jumped as much as 3.5 per cent to Rmb794.5 ($116) per metric tonne following the data release, while Shanghai-traded contracts ...