The southern system fines are blended with the 65pc basis Vale IOCJ
Iron ore prices have been bolstered by the threat of supply disruptions
Despite beginning the year in good shape, the global iron ore industry is starting to experience a fresh drop in prices that has analysts trying to decide whether this is the start of a deeper downtrend or a pull-back. According to the Metal Bulletin, the price for benchmark 62% fines slipped Tuesday below $73
Iron Valley lump pricing in the quarter was reasonably strong, but discounts for 58% to 60% Fe fines products remained elevated. Further, the company's Buckland iron-ore project reported positive initial drilling results at the Kumina prospect, including multiple intersections greater than 20 m at more than
28, 2020 /CNW/ - Champion Iron Limited (TSX: CIA) (ASX: CIA) ("Champion"
Iron ore had a stellar 2019, reaching a five-year high of $125 per ton in July on the back of Vale SA's Brumadinho mining dam disaster and Cyclone Veronica,
An accident at mining company Vale's iron ore mine in Brazil has added to bullish iron ore sentiment, with the Argus ICX 62pc seaborne fines
The largest proposed iron ore development in the state has been
According to Metal Bulletin, the spot price for benchmark 62% fines rose by
Spot prices of both seaborne iron ore cargoes and port stocks in China have soared on continued uncertainty over the full impact of Vale's mining dam
However, miners are not willing to link the export price to the domestic price of the raw material, with one member of the Federation of India Mineral Industries pointing out that India's predominant export shipments are of medium- and low-grade iron-ore fines that are not accepted by local steel mills at their
According to the Metal Bulletin, on January 26, 2018, benchmark iron ore prices (62% content) fell 0.85% to $74.4 ton while 58% content fines dropped
Atlas believed the stronger balance sheet would allow the miner to face volatility in the iron-ore market with increased confidence. Atlas shipped 2.2-million tonnes for the December 2017 quarter, comprising 1.1-million tonnes of standard fines and 1.1-million tonnes of Atlas lump. The miner further said that
Iron ore markets saw the price differential for 65% Fe fines expand last
Another deadly disaster at a Brazilian iron ore mine operated by Vale
A mining industry source said, exports from Goa are lacklustre as demand from China for low grade iron ore has waned.
RETRANSMISSION: M3 Metals Reduces Cap-Ex by 85% on Iron Ore
It was levied by the government's environmental protection agency Ibama. The penalty, for violations at the Vale iron ore mine in Brumadinho,
He vowed to fine the miner 100 million reais ($26.5 million).
He vowed to fine the miner 100 million reais ($26.5 million).