Sentences with phrase «as iron ore»

The significance of this passage is that it shows that the Norther Sea Route can be an economical alternative sailing route even for relatively low value cargoes as iron ore concentrate.

Primary commodities, such as iron ore and copper, account for 25 % of global trade.

The opportunities for hedge funds to find dislocations and arbitrage opportunities are far greater in soft commodities such as beef compared with hard commodities such as iron ore because the supply is more dispersed.

China vows to open up more futures markets as iron ore goes international

By Muyu Xu and Manolo Serapio Jr

DALIAN / MANILA (Reuters)- China...

UPDATE 1 - China vows to open up more futures markets as iron ore goes international

* Dalian exchange opens iron ore contract to foreign...

To some extent, the falling prices of commodities such as iron ore and copper appeared related to attempts by Chinese authorities to rein in credit expansion, principally through stricter regulation of the financial sector and a tightening of liquidity in money markets used by banks and companies for funding.

The largest components — metal ores & minerals (such as iron ore and alumina) and coal, coke & briquettes (including coking and thermal coal)-- have continued to increase over the past four years at similar rates to those seen during the 1990s.

As millions of people in emerging markets left rural areas for cities, demand increased for building materials such as the iron ore used in steel, and this supported prices.

The Asian giant still accounts for a large percentage of global trade in important resources such as iron ore, aluminum, copper and coal.

Atlas Iron and BC Iron have both reported big losses following impairments and a race to cut costs as iron ore prices remain depressed.

China's slowdown hurt other commodities, such as iron ore and copper, too.

It might be bold to suggest that Andrew Forrest consider a career change, but as his fortune shrinks and as his iron ore business struggles in a flooded market, there is a nickel deal to be done that could be a lot more fun than playing the role of fading star.

Not exact matches

Western Australia's largest indigenous corporation has announced it is cutting jobs and assessing its member benefits structure as a result of weak iron ore prices.

Iron ore junior Ferrowest has appointed prominent business identity Bryan Hughes as chairman.

The board of iron ore miner Pluton Resources has regained control of the company after its major shareholder, General Nice Resources, retired KordaMentha as receivers yesterday.

Sundance Resources boss Giulio Casello has taken a big pay cut as the company seeks to cut costs, with the Perth - based explorer also locking in a $ 1.3 million investment to assist in the search for a partner for its Mbalam Nabeba iron ore project in Africa.

As miners deal with the reality of a prolonged slump in the iron ore price, Fortescue Metals Group is quietly going about the business of building the state's third magnetite mine and processing plant.

Atlas Iron managing director David Flanagan has described the results of the iron ore miner's capital raising as an immense vote of confidence in the business, despite achieving just less than half of its $ 180 million tarIron managing director David Flanagan has described the results of the iron ore miner's capital raising as an immense vote of confidence in the business, despite achieving just less than half of its $ 180 million tariron ore miner's capital raising as an immense vote of confidence in the business, despite achieving just less than half of its $ 180 million target.

Perth - based Strike Resources has sold its Apurimac and Cusco iron ore projects in Peru for about $ 13.5 million, as the company shifts its focus to other commodities.

The Environmental Protection Authority has recommended approval of global miner Cliffs Natural Resources» plans to extend its Koolyanobbing iron ore operations, as Mineral Resources continues to seek approval for its own expansion plans in the same region.

The value of Australian iron ore exports is expected to fall next year as strong growth in production volumes is offset by a slump in prices to a forecast $ US52.10 per tonne in 2016.

BC Iron has terminated a mining services contract with Watpac Civil & Mining three months early as it seeks to cut costs at its Nullagine joint venture operation in response to the plunging iron ore prIron has terminated a mining services contract with Watpac Civil & Mining three months early as it seeks to cut costs at its Nullagine joint venture operation in response to the plunging iron ore priron ore price.

The state government has extended its discounted charges at the Utah Point bulk handling facility by another year, to help junior miners continue exporting iron ore, as debate around the sale of the port continues.

Stephen Pearce has been appointed to the board of Fortescue Metals Group, but will retain his current role as chief financial officer of the iron ore giant.

One of the state's largest Aboriginal trusts is being forced to further tighten its belt as its royalties from Rio Tinto's Yandi iron ore project continue to fall.

Struggling iron ore miner Pluton Resources has fallen back into the hands of receivers and managers, less than six months after the board regained control of the company, as part of a new structuring proposal.

Fortescue Metals Group's Christmas Creek iron ore mine site has been raided for drugs by WA Police, working in cooperation with the company, as part of a crackdown of mine sites across the state.

China - based Citic Group has flagged a $ US1.4 billion to $ US1.8 billion impairment at its Sino Iron magnetite project in the Pilbara as a result of the falling value of iron Iron magnetite project in the Pilbara as a result of the falling value of iron iron ore.

ANALYSIS: Green shoots are popping up in WA as improved conditions for iron ore and gold, and strong prospects for the upcoming crop harvest, offer sources for optimism.

As smaller iron ore miners scramble to cut costs to deal with falling prices, another hurdle looms — customers» preference for quality.

The direct impact on listed companies may be limited as trade between China and its isolated northern neighbour has slowed substantially since the United Nations imposed a ban in September on North Korean exports of coal, iron, iron ore, lead, lead ore and seafood.

In an April 22 report, he wrote that there's too much pessimism in copper markets and that issues in the iron ore industry, such as oversupply, are already priced into the market.

The reason to take a close look at this company is twofold: it's one of the most diversified miners around, so one commodity's underperformance shouldn't have as significant an impact on the company as it would if it was just a coal or iron ore producer.

As China battles the seeming inevitability of a 19 per cent price hike in iron ore prices, the country's largest iron ore importer is moving quietly to stitch up more long - term supply from Western Australia.

Bigger players, such as BHP Billiton and Rio Tinto, can produce iron ore for $ 30 to $ 40 a tonne, versus $ 100 a tonne for the highest - cost producers, says de los Reyes.

West Perth - based iron ore explorer Atlas Iron Ltd will pay $ 15 million in port facilities charges to the Port Hedland Port Authority as an up - front contribution for the planned $ 225 million upgrade of the Utah Point public access faciliron ore explorer Atlas Iron Ltd will pay $ 15 million in port facilities charges to the Port Hedland Port Authority as an up - front contribution for the planned $ 225 million upgrade of the Utah Point public access facilIron Ltd will pay $ 15 million in port facilities charges to the Port Hedland Port Authority as an up - front contribution for the planned $ 225 million upgrade of the Utah Point public access facility.

Demand for iron ore still looks positive in China as the world's second largest economy continues to develop, said Fortescue Metals CEO, Nev Power.

COCKATOO Island, touted as a stunning new tourist resort in the heart of WA's Kimberley region, will be the site of a revitalised $ 7.4 million resource project by Portman Mining Limited aimed at boosting its iron ore production.

A higher iron ore price has helped Atlas Iron post operating cash flow of $ 58 million in the December quarter, as the company maintained that it would reach a net cash position by the middle of the yiron ore price has helped Atlas Iron post operating cash flow of $ 58 million in the December quarter, as the company maintained that it would reach a net cash position by the middle of the yIron post operating cash flow of $ 58 million in the December quarter, as the company maintained that it would reach a net cash position by the middle of the year.

To put it in very (over --RRB- simplified terms, five years ago, a ship load of iron ore was worth about the same as about 2,200 flat screen television sets.

It's not just oil... iron ore, aluminum and steel are all getting slammed, as the decline in commodity prices takes a toll on companies and the global markets.

But the two, along with iron ore, pared gains at the close as steel prices came off.

The company will seek to lease out Ethel Creek and Marillana station in the heart of the iron ore rich Pilbara region of Western Australia as it winds up cattle production.

As an aside, it seems generally to be the case that the longer an adjustment is constrained, the more likely that the adjustment takes place in the form of what traders call «gapping» — which is a big, discontinuous change instead of a smooth adjustment — so when the change finally took place, the fall in demand (and iron ore prices) would almost certainly occur very quickly, in a matter of two or three years, perhaps.

As soon as an analyst understood that debt was growing at an unsustainable pace, I told the conference guests, he should know that Chinese demand for iron ore was also unsustainablAs soon as an analyst understood that debt was growing at an unsustainable pace, I told the conference guests, he should know that Chinese demand for iron ore was also unsustainablas an analyst understood that debt was growing at an unsustainable pace, I told the conference guests, he should know that Chinese demand for iron ore was also unsustainable.

Normally the contraction impact of much weaker iron ore export prices should be partially mitigated by the expansion impact of a weaker Australian dollar, as iron - related inflows drop sharply.

Iron ore prices have slumped to $ US104 a tonne in recent days, yet Mr Power said it could soon rebound as high as $ US150.»

Even though I know nothing about the iron ore market, and certainly not as much as the CEO of Fortescue, I know arithmetic, and even before I heard Minack's discussion of the global increase in production, I simply could not get the arithmetic that connected Chinese interest rates with Australian iron ore exports to work otherwise.

This means, to return to iron, if you understood China as a growth «system», with its own logic, its liquidity channels, its institutional distortions, its balance sheets that embedded pro-cyclical or counter-cyclical tendencies, etc. you would have known that once the process started, rebalancing was going to cause iron ore prices (and prices of other hard commodities) to collapse, and I stressed, as I often do, that I did not think the word «collapse» was overly dramatic.

In fact as I started writing more about the outlook for hard commodity prices over the next year, I adjusted my outlook downwards and proposed that iron ore prices would fall below $ 50 a ton before the end of the decade.