Brazil ’s Vale (NYSE:VALE), the world’s No.1 iron ore miner, saw output of the steelmaking commodity collapse by almost 34% in the second quarter of the year, compared to the same period in 2018.
News ID: 5413 Publish Date : 2019/07/22
Global miner Anglo American (LON:AAL) posted Thursday a 2% increase in overall production during the three months leading to June 30, helped mainly by its giant Minas-Rio iron ore mine in Brazil , but cut diamond guidance for the year as sales remain weak.
News ID: 5311 Publish Date : 2019/07/19
A group of investors in Brazil ’s Vale (NYSE:VALE), the world’s top iron ore producer, is seeking compensation for loses linked to the deadly dam burst in Brumadinho in January this year, which killed more than 300 people and caused extensive property and environmental damage in the region.
News ID: 5291 Publish Date : 2019/07/18
World's second largest exporter of iron ore - Brazil has recorded iron ore export volumes at 150.02 MnT in H1 CY19, down 9% as compared to H1 CY18 exports at 164.51 MnT, according to trade statistics released by Brazil customs. Total volume of iron ore & pellet exports from Brazil stood at 161.84 MnT in H1 CY19 against 184.3 MnT in H1 CY18.
News ID: 5125 Publish Date : 2019/07/11
Lundin Mining on Friday announced it has closed the acquisition of a 100% ownership stake in Mineração Maracá Indústria e Comércio S/A, which owns the Chapada copper-gold mine in Brazil from Yamana Gold.
News ID: 5042 Publish Date : 2019/07/07
World's second largest exporter of iron ore - Brazil has recorded iron ore export volumes at 29.40 MnT in June'19 (data complied is for 19 working days), down slightly as compared to May'19 exports at 29.83 MnT, according to trade statistics released by Brazil customs. On yearly basis, exports dropped 17% as against 35.31 MnT in June'19.
News ID: 5040 Publish Date : 2019/07/06
World's second largest exporter of iron ore - Brazil has recorded iron ore export volumes at 29.02 MnT in May'19, up 58% as compared to Apr'19 exports at 18.34 MnT, according to trade statistics released by Brazil customs. On yearly basis, exports dropped 16% as compared to 34.62 MnT in May'18.
News ID: 4771 Publish Date : 2019/06/07
Spot iron ore fines Fe 62% index has picked up to USD 100.4/MT, CNF China as against USD 98/MT, CNF China yesterday. The increase is due to Vale forecast of dam rupture in next week. The prices have hit 5 years high as the prices were last seen in May'14.
News ID: 4577 Publish Date : 2019/05/19
Brazil 's Vale’s warning that a tailings dams at its shuttered Gongo Soco mine in Minas Gerais is at risk of rupturing as soon as next week lit a fire under iron ore prices on Friday, sending the steelmaking raw material to a five-year high.
News ID: 4575 Publish Date : 2019/05/18
World's second largest exporter of iron ore - Brazil has recorded iron ore export volumes at 18.34 MnT in Apr'19, down 17% as compared to Mar'19 exports at 22.18 MnT, according to trade statistics released by Brazil customs.
News ID: 4490 Publish Date : 2019/05/10
India's largest iron ore miner -NMDC export movement has increased sharply by almost five-fold in the month of Apr’19. According to rake movement data maintained with SteelMint, exports stood at 80 (0.31 MnT) rakes in Apr’19 as compared to 16 rakes (0.06 MnT) a month before.
News ID: 4460 Publish Date : 2019/05/09
The third largest exporter of pellet in the global market, Ferrexpo Plc shared that the iron ore pellet market is to witness a shortfall of about 5-10 MnT in 2019. This is due to production disruption due to Vale dam mishap of Jan'19. Besides, the Samarco pellet plant in Brazil continues to be suspended and resumption may be delayed further.
News ID: 4428 Publish Date : 2019/05/06
According to National Bureau of Statistics, China - world's largest consumer and importer of iron ore has witnessed fall in crude iron ore production for Q1 CY’19.
News ID: 4406 Publish Date : 2019/05/04
JSW Steel - India's largest steel maker recorded total iron ore sourcing at 27.41 MnT in FY’19. The sourcing witnessed 15% fall Y-o-Y as against 32.41 MnT in FY18.
News ID: 4382 Publish Date : 2019/04/29
The Mosaic Company, a Brazil ian fertilizer maker, said on Thursday it will suspend production at its phosphate mines of Tapira and Catalão after failing to obtain a deadline extension in order to provide stability certification for three of its tailings dams.
News ID: 4336 Publish Date : 2019/04/12
Spot iron ore prices rose from $75 per tonne to $95 per tonne in the weeks following the Brumadinho dam disaster at Vale’s (NYSE: VALE) Feijao iron ore mine in Brazil , before settling in at about $85 per tonne, according to the latest research on the global iron ore market by the Macquarie Group.
News ID: 4321 Publish Date : 2019/04/11
As per SteelMint analysis, amidst the disruption and additions by global iron ore producers and exporters, the iron ore market for the year is expected to witness a shift against market demand and supply in CY18.
News ID: 4308 Publish Date : 2019/04/11
World's second largest exporter of iron ore - Brazil has recorded iron ore export volumes at 22.18 MnT in Mar'19, down 23% as compared to Feb'19 exports at 28.93 MnT, according to trade statistics released by Brazil customs.
News ID: 4240 Publish Date : 2019/04/08
The Investor Mining & Tailings Safety Initiative has requested that over 600 resource companies, including major miners, reveal the safety records of their waste storage facilities, following the collapse of Vale’s Brumadinho dam in Brazil in January, which killed hundreds.
News ID: 4232 Publish Date : 2019/04/07
MMTC- India’s largest and state-owned trading house had floated export tender of 30,000 MT non-alloy Pig Iron on behalf of Neelachal Ispat Nigam Limited (NINL). The due date for submission of bids was till 26 Mar’19. and the shipment was scheduled between 10th-20th April 2019 from Paradip port.
News ID: 4190 Publish Date : 2019/04/04