China has a number of iron ore projects in the works in Africa as part of its ‘foundation plan’ to de-risk its supply of the mineral; For now, the country relies heavily on Australia and ...

The joint venture between mining and metals giant Rio Tinto Group and State-owned China Baowu Steel Group to develop a new iron ore mine in Western Australia's Pilbara region will further meet the ...

For years, low-grade iron ore, with its limited iron content, was considered inefficient for steel manufacturing. However, advancements in technology and a renewed focus on sustainable mining have ...

Iron ore prices are likely to stay in three digits for the rest of 2024, insulated to a large degree from China’s faltering economy by cost support that kicks in at around $100 a ton.. But that ...

Critics say Rio Tinto’s Simandou iron ore mine will add to a supply glut and push down prices. But CEO Jakob Stausholm is building a case for growth. Updated Dec 6, 2023 – 12.15pm , first ...

Production rose because of supply chain improvements, with a record amount of iron ore delivered from the Central Pilbara hub. Copper $ 4.7955 / lb 0.53% Brent Crude Oil $ 77.23 / bbl -3.47% ...

The mine – located in the Simandou mountain range of southern Guinea’s Nzérékoré region – is said to have the world’s largest untapped iron ore reserve of high quality, with an ...

Shares in Fortescue, the world's fourth-largest miner of iron ore, closed at an all-time high of A$29.39 a piece on Jan. 2, as did Rio Tinto's Australian-traded stock, which hit A$136.57.

The state’s environmental scrutineer has waved through Mineral Resources’ proposal to build a new iron ore mine in the East Pilbara but it still remains subject to further approvals. In it's 2024 ...