Mining industry news reports.

Iron ore drops further as strong supply, China steel sell-off ...
iron ore market singapore
Fri, 26 Jul 2024 00:00:00 GMT
Iron ore futures prices lost further ground on Thursday, weighed by strong global supply and top consumer Chinas persistently weak steel market, although hints of heavier monetary stimulus helped limit losses. The most-traded September iron ore contract on Chinas Dalian Commodity Exchange (DCE) fell for a fifth straight session to close daytime trade with a loss of 1.55% to 764.5 yuan ($105.50) a metric ton. The benchmark August iron ore SZZFQ4 on the Singapore Exchange dipped below the


Reward laser-focused on Carnavon potash
minerals
Thu, 25 Jul 2024 04:13:04 GMT
Reward Minerals has made the decision to focus its resources exclusively on the Carnavon postash project (CPP) in Western


Dalian iron ore extends falls on weakening steel market, demand ...
iron ore market singapore
Thu, 25 Jul 2024 00:00:00 GMT
Dalian iron ore futures prices fell for the fourth consecutive session on Wednesday, weighed down by a weakening steel market and lingering concerns about demand in top consumer China. The most-traded September iron ore contract on Chinas Dalian Commodity Exchange (DCE) ended daytime trade 1.65% lower at 775.5 yuan ($106.61) a metric ton. The contract hit a low of 771.5 yuan a ton earlier in the session, its weakest level since April 8. The benchmark August iron ore on the Singapore


Mining News - Thunder begins to rumble at Storm Copper
copper exploration metals usa
Wed, 24 Jul 2024 12:23:00 GMT
Strong copper mineralization observed in nine holes indicates the potential to elevate prospect to deposit. American West Metals Ltd. July 24 announced that visual copper mineralization cut by all nine holes drilled so far this year at Thunder provides compelling evidence that this prospect will soon be elevated to another deposit that contributes to the resources at the high-grade Storm


Pilbara Minerals bolstered by record production
australia minerals production
Wed, 24 Jul 2024 05:47:03 GMT
Strong revenue and record spodumene concentrate production were among the highlights for Pilbara Minerals June 2024


Chinese trader Hongtou acquires 80% stake in smelter Kaimeng
china
Mon, 22 Jul 2024 09:00:02 GMT
Chinese state-owned concentrate trader Honghe Hongtou Industrial Company has acquired an 80% equity stake in Gejiu Kaimeng Industry and Trade Company, a tin smelter in Yunnan Province, China. On 15 July, the two companies held a ceremony to sign the Equity Transfer Agreement and a Concerted Action Agreement. Kaimeng is located in Gejiu, Yunnan, and … The post Chinese trader Hongtou acquires 80% stake in smelter Kaimeng appeared first on International Tin


Vedanta Limited secures over USD 1 billion through successful ...
aluminium india vedanta
Sun, 21 Jul 2024 00:00:00 GMT
Vedanta Limited secures over USD 1 billion through successful QIP Vedanta Limited, the Indian multinational mining and metal giant, has achieved a significan't financial feat. The company successfully raised over USD 1 billion (INR 8,500 crore) through a Qualified Institutions Placement (QIP), as revealed in a recent stock exchange filing. The QIP, which involved 1 ... AL Circle Primary Aluminium


IMIDRO invites private sector to invest in mining exploration ...
imidro investment iran
Sat, 20 Jul 2024 00:00:04 GMT
TEHRAN - The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has prepared new investment packages for the countrys private sector to participate in mining exploration projects, an official with the organization


Rio Tinto ships 4 billion tonnes of iron ore to China
australia iron ore rio
Fri, 19 Jul 2024 00:00:00 GMT
Rio Tinto today celebrates the shipment of 4 billion tonnes of iron ore from the Pilbara in Western Australia to China.


Rio Tinto ships 4 billion tonnes of iron ore to China
australia iron ore rio
Fri, 19 Jul 2024 00:00:00 GMT
PERTH, Australia--(BUSINESS WIRE)-- Rio Tinto today celebrates the shipment of 4 billion tonnes of iron ore from the Pilbara in Western Australia to China. The shipment was loaded at Dampier Port on 19th July, bound for China Baowu Steel Group, the worlds top steel producer. This milestone comes 51 years after the first shipment of almost 22,000 tonnes of Pilbara iron ore was sent from


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