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 s
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 s
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 s
iron ore from the site.
BC
Iron is the first Western Australian iron ore miner to receive royalty assistance from the state government's relief pack
Iron is the first Western Australian
iron ore miner to receive royalty assistance from the state government's relief pack
iron 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 Associa
iron ore miner Robe River
Iron Associa
Iron 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.