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Fortescue Metals Foresees Notable Surge in Fiscal 2025 Iron Ore Shipments

Fortescue Metals Foresees Notable Surge in Fiscal 2025 Iron Ore Shipments

According to company press release, it shipped 53.7 Mt of iron ore in the fourth quarter ending 30, June, 2024.
BHP Posted Second Straight Year of Record Iron Ore Output

BHP Posted Second Straight Year of Record Iron Ore Output

For the full year ended June 30, BHP Group recorded production of 287.0 million metric tons (Mt) of iron ore.
Rio Tinto Iron Ore Shipments Spiked in Q2 2024

Rio Tinto Iron Ore Shipments Spiked in Q2 2024

The company reported a dip in its all-injury frequency rate to 0.32 from 0.37 in the first quarter and 0.38 in the same period last year.
Trafigura and Mubadala Plan Sale of Rio Iron-Ore Port

Trafigura and Mubadala Plan Sale of Rio Iron-Ore Port

The port shipped 26.1-million tons of iron-ore last year, up from 17.4-million tons a year earlier, but still below its capacity of 50 million tons, according to its latest financial statement.
Rio Tinto Celebrates 70 Years’ Operating in Kitimat

Rio Tinto Celebrates 70 Years’ Operating in Kitimat

He added being in the community for 70 years was really reflected in the plant’s history.
Rio Tinto Posted Dip in Q1 2024 Pilbara Iron Ore Shipments

Rio Tinto Posted Dip in Q1 2024 Pilbara Iron Ore Shipments

The reduced production at the Yandicoogina mine in the Pilbara region was more or less offset by robust production at other operations.
BHP Posted Notable Dip in Q3 FY24 Iron Ore Output

BHP Posted Notable Dip in Q3 FY24 Iron Ore Output

Meantime, Samarco production was boosted as a result of higher concentrate throughput.
Rio Tinto Appointed Bold Baatar as New CCO

Rio Tinto Appointed Bold Baatar as New CCO

Bold, who currently serves as Chief Executive Copper, is expected to relocate to Singapore to take up the role of Chief Commercial Officer on 1st September, 2024.
Iron Ore Whipsawed Near $100 as China Concerns Dominate Debate

Iron Ore Whipsawed Near $100 as China Concerns Dominate Debate

Iron ore for April traded 3.9% higher at $103.80 a ton at 4:29 p.m. in Singapore, while yuan-priced futures in Dalian ended the session higher. Steel contracts in Shanghai were firmer.
Fortescue Metals Declared Robust Results in H1 FY24

Fortescue Metals Declared Robust Results in H1 FY24

During the period under review, the company reached an important milestone by exporting two billion tonnes of iron ore from its Pilbara Operations.
BHP H1 FY2024 Profit Beat LSEG Expectations

BHP H1 FY2024 Profit Beat LSEG Expectations

The company declared an interim dividend of $0.72 per share, compared with $0.90 per share a year before.
Iron Ore Slides as Rising Stocks, Weak Steel Margins Blur Demand Outlook

Iron Ore Slides as Rising Stocks, Weak Steel Margins Blur Demand Outlook

The weakness in the Singapore benchmark came after it had climbed by over 3% over the holiday break when Chinese bourses were closed.
Goldman Sachs Predicted Deficit Iron Ore Market in 2024

Goldman Sachs Predicted Deficit Iron Ore Market in 2024

The leading iron ore producers such as Brazil and Australia reported lower-than-expected outputs, impacted by several operational challenges.
World Biggest Iron Ore Mining Project to Begin in 2025 in Guinea Republic

World Biggest Iron Ore Mining Project to Begin in 2025 in Guinea Republic

In total, the Group plans to spend around $30 billion by 2025 when analysts project the Simandou mine will begin exports.

Metal Prices

Base Metals
Alumina 98.5% min528.07$US/MT
Aluminum Alloy A3563204.9045$US/MT
Minor Metals
Ammonium heptamolybdate 54% min32364.20$US/MT
Ammonium metavanadate 98% min10419.40$US/MT
High Purity Metals
Aluminum ingot purity 999990041900.00EUR/Kg
Aluminum oxide purity 990000012100.00EUR/Kg
Rare Earth
Cerium carbonates TREO 45% min, CeO2 / REO 100%893.80$US/MT
Cerium Metal 99% min 3379.00$US/MT

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