China Iron Ore Imports Hold Up as Storm Clouds Gather
Wedoany.com Report-Jul. 31, Iron ore prices have maintained stability above $100 per metric ton in 2025, despite a slowdown in China’s steel industry. The Singapore Exchange’s most-traded ...
Rio Tinto and Hancock Commit $1.6bn for Australia’s Hope Downs 2 Project
Wedoany.com Report-Jun 29, Rio Tinto and Hancock Prospecting, equal partners in the Hope Downs joint venture, will invest $1.6 billion in the Hope Downs 2 iron ore project in Western Australia’s...
Vale to End Water Use in Iron Ore Processing at Carajas by 2027
Wedoany.com Report-Jun 29, Vale, a Brazilian mining company, plans to fully eliminate water use in iron ore processing at its Carajas complex in Para state, northern Brazil, by the end of 2027. This s...
Metso Signs Three-Year Agreement With BHP to Provide Metallic Liners
Wedoany.com Report-Jun 25, Metso has signed a three-year contract with BHP to provide metallic liners for chute solutions at BHP’s Western Australia Iron Ore (WAIO) operations. The agreement&rsq...
China May Iron Ore Imports Fall on Expectations of Seasonally Slow Demand
Wedoany.com Report-Jun 10, China, the world’s top iron ore consumer, imported 98.13 million metric tons of the steelmaking material in May, a 4.9% decrease from April’s 103.14 million tons...
Rio Tinto Opens $2BN Western Range Iron Ore Mine in Australia
Wedoany.com Report-Jun 9, Rio Tinto and China Baowu Group have officially launched the Western Range iron ore mine in Pilbara, Western Australia. This new mine, part of a $2 billion joint venture—54%...
Vale Reports 17% Drop In Q1 2025 Net Income Amid Lower Iron Ore Prices
Wedoany.com Report-Apr. 27, Brazil-based iron ore producer Vale reported a 17% decline in net income for the first quarter of 2025, ending March 31, primarily due to lower iron ore prices. Net income ...
Genmin Signs MoU With Sinohydro for Baniaka Iron Ore Project in Gabon
Wedoany.com Report-Apr. 22, Genmin, an African iron ore producer, has entered into a binding memorandum of understanding (MoU) with Sinohydro to advance its fully owned Baniaka iron ore project in Gab...
Fenix Resources Contracts MACA for Beebyn-W11 Iron Ore Project in Australia
Wedoany.com Report-Mar 26, Fenix Resources has signed a mining contract with MACA, a subsidiary of Thiess Group, to develop the Beebyn-W11 iron ore mine in Western Australia’s mid-west region. T...
China January-February iron ore imports hit by Australia weather-related disruptions
Wedoany.com Report-Mar 7, Chinas iron ore imports in the first two months of 2025 fell by 8.4% from the same period a year earlier, curbed by weather-related supply disruption in major producer Austra...