Sentences with phrase «from iron ore»

The team acted in LCIA arbitration proceedings arising from an iron ore mining project in Western Africa seeking to recover monies on behalf of the trustee.
In a rational world, the industry would switch from a renewable resource to a non-renewable one made from iron ore and coal.
To answer the question on nanotechnology: 1/3 of US energy consumption is used to make steel from iron ore and coal.
Gone are the days of steel being used once in a trip from iron ore to the land fill.
From Port Augusta we travel south along Highway One to Cowell, via Whyalla, a city developed to produce steel products from iron ore mined in the nearby Middleback Ranges.
But as you can see below, the Aussie also took some directional cues from iron ore.
Basically, the company reclaims zinc from iron ore tailings.
As you can see in the overlay of AUD pairs and gold above, the Aussie was tracking gold prices for the most past, as has been the case for the past few weeks since the Aussie decoupled from iron ore.
Couple this economic softness with the fact that just about any commodity you can think of from iron ore, to orange juice, to silver, to coffee, to copper is at or near a five year low and it becomes increasingly difficult to find any significant inflationary pressure and hence the imminent need for a (small) rate increase.
Oil's retreat to a level not seen since OPEC forged its landmark agreement to cut output last November stoked declines from iron ore to industrial metals and losses that many commentators had been putting down to individual supply and demand factors».
BHP is now looking at ways to fix the issue with the dumpers, but the problem took the gloss off a strong performance from the iron ore business, which accounts for about 40 per cent of BHP's profits.
Qantas is the first Australian company to respond to Beijing's heightened vigilance, though all firms exporting everything from iron ore to baby formula should be taking heed.
That in turn could send ripples around the world economy, by causing a moderation in Chinese demand for imports, from iron ore to iPhones.
ANALYSIS: Recent numbers from iron ore miner Atlas Iron suggest it may be moving from survival mode to revival.

Not exact matches

Baosteel and Aurizon look set to gain control of Aquila Resources after the iron ore hopeful rejected a takeover proposal from Mineral Resources, and instead recommended its shareholders accept the current $ 3.40 per share offer.
IRON ore producers in the state's Yilgarn region are not immune from the hurdles facing producers in the Pilbara and Mid West — port capacity and access issues, transportation and infrastructure — but
Aurizon's West Pilbara iron ore joint venture has won backing from one of Australia's big four banks, ANZ Banking Group.
MANILA / BEIJING, May 3 (Reuters)- China opens trade in Dalian iron ore futures to foreign investors from Friday, aiming to boost its pricing clout for one of its top imports and hoping traders will take a market notorious for retail speculators more seriously.
Unlike oil, gold and copper, for which prices are set in London and New York, iron ore is one of the few commodities whose global pricing takes its cue from China.
* China to allow foreign investors in iron ore futures from Friday.
Troubled iron ore miner Pluton Resources has been restricted from issuing a reduced content prospectus until next year because it failed to comply with reporting and disclosure obligations, the Australian Securities and Investments Commission says.
Pilbara iron ore miner BC Iron has flagged lower production and haulage rates from its Nullagine joint venture operation with Fortescue Metals Group while initiatives are put in place to more efficiently process iron ore from the siron ore miner BC Iron has flagged lower production and haulage rates from its Nullagine joint venture operation with Fortescue Metals Group while initiatives are put in place to more efficiently process iron ore from the sIron has flagged lower production and haulage rates from its Nullagine joint venture operation with Fortescue Metals Group while initiatives are put in place to more efficiently process iron ore from the siron ore from the site.
BC Iron is the first Western Australian iron ore miner to receive royalty assistance from the state government's relief packIron is the first Western Australian iron ore miner to receive royalty assistance from the state government's relief packiron ore miner to receive royalty assistance from the state government's relief package.
The government of the Republic of Cameroon is planning to seek funding from China for the rail and port infrastructure at Sundance Resources» Mbalam - Nabeba iron ore project, allowing the Perth company to focus just on the mine development.
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.
Iron ore producers, and the WA economy, need to prepare for more sluggish demand from China if the findings of a major investment bank are accurate.
High - end residential property prices in Perth have weakened considerably since the iron ore construction boom ended and oil prices collapsed, although these two negative events are slowly slipping from the headlines and being replaced by positive changes.
TheWA government's unexplained rejection of Cazaly Resources Ltd's claim to the Shovelanna iron ore deposit in the Pilbara could deflect investment from the state's resources sector and, for the first time, raised the real spectre of sovereign risk.
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.
According to Reuters, shipments of copper, crude oil, iron ore and soybeans all rose from the levels reported in February.
A year - long construction boom has helped boost prices for building materials and resources from steel and copper to iron ore, helping to create a reflationary pulse worldwide in commodities markets and manufacturing.
A MOVE by mining giant North Limited to slash about $ 100 million from its balance sheets has resulted in redundancies and operational restructuring by Pilbara iron ore miner Robe River Iron Associairon ore miner Robe River Iron AssociaIron Associates.
Unexpected maintenance reliability problems with BHP's car dumpers — the giant machines that can pick up and empty a fully loaded rail car of ore — forced the resources giant to reduce iron ore production guidance for 2017 - 18 to between 272 million tonnes and 274 million tonnes, just down from its previous guidance of 275 million tonnes and 280 million tonnes.
From the mid 2000s, the prices for commodities used to produce steel and generate energy — including iron ore, coal and natural gas — rose sharply.
«We see a Chinese economy gradually shifting from construction to consumption, and so, we will transition,» said Mackenzie adding that «We imagine we will continue to creep our exports of steelmaking materials like metallurgical coal and iron ore, but we're much more likely to make major investments in what we feel are the next phase of China's growth in energy and in food.»
The bridge, discussions for which began in 2008, could reduce the distance of transporting iron ore from the Jewish Autonomous Republic in the Russian Far East to Chinese steel mills from 646 to 145 miles.
Hunger for high - quality iron ore from Australia and Brazil pushed Chinese imports of the steelmaking ingredient to a record high in 2017.
I expected that the shift in demand for iron ore generated by rebalancing would cause iron ore prices within 3 - 4 years to drop by over 50 % from their then - current levels of around $ 180 - 90 a ton.
Cele notes that, «the demand from China for iron - ore continues to grow, but at a declining pace, further exacerbating pricing pressure,» meaning that Vale's considerable investment in nickel, coal, fertilisers and copper will only partially mitigate the impact of the increase in iron - ore mining capacity globally on the company.
Almost everything, from gold to silver to iron ore to wheat to corn is falling — hard.
The chart below shows a stable iron ore price from c1985 until 2009 when a supply bottleneck saw prices spike dramatically.
The consolidated structure of the iron ore industry, and geographic separation from competing economic activities, appear to have facilitated a rapid pick - up in transport capacity in response to strong global demand and prices.
As Africa's biggest exporter of iron ore to China, South Africa is suffering from a slump in mining, as well as in other sectors like manufacturing and agriculture.
Shareholders may be willing to support Rio if it moves to add a different commodity to its portfolio — mainly based around copper, iron - ore and aluminIum, according to a report from UBS Group.
Strong iron ore export data from Port Hedland typically bodes well for BHP Billiton and Fortescue Metals Group, the two biggest exporters from the port.
Rio lifted shipments of iron ore from its flagship Pilbara operations by 5 per cent in the March quarter, while bauxite and copper production also jumped.
Rio needed to ship 89.8 million tonnes of iron ore from Western Australia in the final three months of 2017 to meet its export target of 330 million tonnes.
As they prepare for disruption later this week, the miners will take solace from shipping iron ore at record rates last month.
Winter shutdowns in China do not appear to be harming Australian commodity exports, with shipping data from Port Hedland revealing record amounts of iron ore and lithium were exported in December.
The collapse in global iron ore prices isn't chasing Gina Rinehart away from the red soil of Western Australia that made her a billionaire.
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