Sentences with phrase «for iron ore»

Some other resource prices have also edged higher with, for example, the US dollar contract prices for iron ore for the Japanese fiscal year 2003/04 (beginning 1 April 2003) rising by around 9 per cent on levels of the previous year.

ANALYSIS: WA's resources - focused business community is eagerly awaiting the next round of figures for iron ore production costs.

My eyes are telling me that this should be a high - octane, intense and action - packed title, but my hands are telling me that I'm mining for iron ore, farming small monsters for their pelts, and searching for rare mushrooms.

The company was initially looking for iron ore but found a large graphite deposit.

Chief executive Tom Albanese said «We have set new quarterly records for iron ore sales and hard coking coal production as our operations recovered from the severe weather experienced earlier in the year.

Fortescue Metals Group has ended a tough week for the iron ore sector by halving its projected capital expenditure for the 2015 financial year to $ US650 million, in response to the continued weakening of the iron ore price.

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.

If you're wondering why the outlook for iron ore remains grim despite last night's price rise to a three - month high of $ US63.10 a tonne, it is partly because Western Australia's iron ore miners have a new competitor — themselves.

For the best ringside seat at a bruising encounter don't buy a ticket to a boxing event, sign up for an iron ore forecasting conference which will, for the first time since prices crashed, put the big boys of the industry on the same podium as the small producers.

The state's ports could handle a trade of more than one billion tonnes per annum by 2030 if demand for iron ore exports continues on its current trajectory.

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.

Although there has been reasonable growth in the other two resource export components, particularly for iron ore, alumina and coal, the growth in these items has not been sufficient to compensate for the weakness in those components where production has fallen significantly.

Analysts speculated that Fortescue's weak export rate in October and November may be linked to the Chinese shutdowns and the middle kingdom's growing preference for iron ore with higher grades than Fortescue typically produces.

The recent annual contract negotiations between suppliers and Japanese steelmakers for iron ore delivered price increases of nearly 20 per cent in US dollar terms, with significant increases expected in contract negotiations for coal over coming months.

«The steel industry in China boomed from 5 percent of global steel production in the late 70s to almost 50 percent today; on the back of that surge was a voracious appetite for iron ore» he says.

The company's new managing director, Cliff Lawrenson, told the conference «the world has changed» for iron ore investments.

See also Matt Chambers and David Crowe, «ACCC investigates Andrew Forrest call for cap on iron ore production (The Australian, 25 March 2015) and Phillip Coorey and Lisa Murray, «Joe Hockey rejects Andrew Forrest's «cartel» call for iron ore cap» (AFR, 25 March 2015)

See also Flavio Menezes, «Competition the wrong test for iron ore inquiry» (The Conversation, 18 May 2015)

Rio Tinto will invest US$ 310 million to assure a sustainable water supply for its iron ore operations in the Pilbara region of Western Australia, ensuring a sufficient resource to accommodate the expansion of annual production capacity up to the planned 333 million tonnes (Mt / a).

Record quarter for iron ore production, shipments and rail volumes.

«The agrarian agency frequently establishes settlements within protected areas, and there is also strong evidence of settlers producing illegal charcoal for iron ore metallurgic plants.»

Even without the palm oil, it faces a myriad of other threats, from raids by bush meat hunters trapping and shooting primates, antelopes and elephants, to incursions from illegal loggers and miners prospecting for iron ore.

Prior to joining Wellington Management in 1985, Jim worked in the Marine Transportation Division of Utah International, where he arranged bulk transportation for iron ore, coal, and other minerals (1980 — 1983).

It looks like there is somewhat of a competitive moat around this company as it has long - term contracts for the iron ore residue and is the only company to have invested in this next - generation plant.

With sentiment already fairly bearish, the likelihood of any negative news for iron ore sending the stock lower appears to be less than the likelihood that a piece of good news will send the stock higher.

This afternoon we will pass through Tom Price, a little town known for its iron ore mining, before reaching our camp overlooking the magnificent Hamersley Range.

In the mid-1960s, a time when rail links developed into the African continent, it became an exit point for iron ore leaving for Europe and the United States.

Although the company has made certain concessions, the final sticking point appears to be the most crucial, agreeing a pricing mechanism for the iron ore.

Drafting and advising on the terms of long term off - take and supply and shipping agreements for iron ore shipments from mines in Mexico, Brazil, and Africa and for coal from Colombia, South Africa, the United States, Indonesia and Russia.

Is it shipping equipment for iron ore out of the Port of Maryland?

Other things equal, subsequent declines in spot prices for iron ore and coking coal would, if sustained, see the terms of trade fall further over the next few quarters.

Executives at mining giants BHP Billiton and Rio Tinto have recently told investors that they hope Belt and Road could revive China's metal exports, boosting demand for their iron ore.

«We... support pricing mechanisms which accurately reflect supply and demand for iron ore and provide certainty for the industry,» Gaines said in an email.

Resources giant Rio Tinto has reported a 34 per cent drop in its underlying first half profit to $ US5.2 billion ($ A4.9 billion), with lower prices for iron ore and other commodities the main reason fo

Amid a few bright spots on the earnings front, the WA economy's rebound is being thwarted by still - low global prices for iron ore.

As we gather here today, price rises for the 2008 contract year are coming into force, which will see prices for iron ore and thermal coal approximately double, and those for metallurgical coal treble.

For iron ore and coal, substantial increases in contract prices are set to take effect later this year, building on the already sharp increases of last year.

Among other things, this has seen the growth in global steel production stall, and hence lower growth in the demand for iron ore and coking coal.

Demand for iron ore has been stronger than most seasoned observers expected, and the company's costs have continued to fall - until now.

Spot prices for iron ore are down by around 20 % since the end of 2013.

Prices for iron ore and some other commodities have come under pressure in 2014 and companies like Cliffs Natural Resources (NYSE: CLF), Vale (NYSE: VALE), and Freeport - McMoRan (NYSE: FCX) have had that reflected in their stock prices.