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Iron ore prices have risen slightly after last month dropping below US$100 per tonne for the first time since early November 2020.
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“The iron ore rally has ended and prices have collapsed, as per our expectations, and we expect prices to remain under pressure in 2022,” the credit rating agency said in a recent report.
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Brazilian miner Vale said on Tuesday it was slowing down production of low-margin iron-ore in the fourth quarter by about four-million tonnes due to low prices, and could cut back output in 2022
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The slumping iron ore prices have claimed four Australian iron ore mines in the last month, with Venture Minerals, GWR Group, Indus Mining and Mount Gibson calling a halt to operations at their
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Dalian iron ore price hits 1-year low on demand worries "(China''s steel) production restrictions have suppressed expectations for winter storage and replenishment." MINING.COM Staff Writer
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Iron ore prices have dropped to a 10-month low as China made further calls to slow steel production, causing major and minor iron ore miners to feel the effects in Australia. From record highs in
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Dalian iron ore price hits 1-year low on demand worries "(China''s steel) production restrictions have suppressed expectations for winter storage and replenishment." MINING.COM Staff Writer
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Hamersley Iron Pty Ltd, owned by Rio Tinto, has its iron mines in the Pilbara, including the Mount Tom Price, the Paraburdoo mines, the Chana Iron Mine, the Moladune Iron Mine. Ternium The company produces finished and semi-finished steel products and iron ore that are sold directly to steel manufacturers, steel processors and end-users.
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The iron ore price sank below $100 a tonne on Friday for the first time since July 2020, as China’s moves to clean up its heavy-polluting industrial sector spurred a swift and brutal collapse.
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The slumping iron ore prices have claimed four Australian iron ore mines in the last month, with Venture Minerals, GWR Group, Indus Mining and Mount Gibson calling a halt to operations at their
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Australias biggest new iron ore mine in more than 50 years has officially opened and while it would appear the timing could be better, the behemoth operating it is unfazed.
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Mining; Iron ore; Print article. Mineral Resources smashed by iron ore price penalties . Peter Ker Resources reporter. Oct 26, 2021 – 12.42pm. Save. Log in or Subscribe to save article. Share
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The iron ore price sank below $100 a tonne on Friday for the first time since July 2020, as China’s moves to clean up its heavy-polluting industrial sector spurred a swift and brutal collapse.
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Iron ore price rally is over, prices to follow multi-year downtrend — report. The iron ore price rally has ended with prices dropped to levels below what Fitch Solutions forecasted, the market
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Iron ore price rout hacks $160 billion off top mining stocks. Hands up who wants my iron ore stocks. Stock image. At just over $1.3 trillion, the MINING.COM Top 50* most valuable mining companies
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Mining meltdown: Iron ore price slump sends shockwaves through industry as fall in demand from China catches market by surprise. By James Salmon In Perth For The Daily Mail. Published: 17:29 EST
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Australia’s biggest new iron ore mine in more than 50 years has officially opened and while it would appear the timing could be better, the behemoth operating it is unfazed.
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Dalian iron ore price hits 1-year low on demand worries "(China''s steel) production restrictions have suppressed expectations for winter storage and replenishment." MINING.COM Staff Writer
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