Sentences with phrase «in iron ore»

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.

New contract prices for coal, which came into effect in April, were lower, but there was a small increase in iron ore prices.

Perth - based mining developer Cape Lambert Resources has announced it is cutting 117 jobs and postponing a planned dividend payment, in response to the sharp downturn in the iron ore market.

We will take on extra provisions in the iron ore mining town of Tom Price this afternoon before setting up our camp overlooking the magnificent Hamersley Range in time for a spectacular sunset.

FEATURE: A stubbornly high dollar, falling prices and high operating costs are combining to exert real pressure on smaller players in the iron ore sector.

Mid-tier iron ore miner Mineral Resources has increased its full - year net profit by 28 per cent to $ 231 million, with the help of a 93 per cent increase in iron ore export volumes.

Andrew Forrest has purchased 1.75 million shares in iron ore giant Fortescue Metals Group for about $ 7 million.

Atlas Iron has launched an extensive review of its operations, finances and possible asset sale opportunities in response to steep falls in the iron ore price.

Despite another bumper US jobs report for November and steep decline in the iron ore price, the Australian dollar has opened the week above the 73 cent level.

Cliffs Natural Resources (NYSE: CLF) and Vale (NYSE: VALE) are the two with the largest exposure to changes in iron ore prices.

* China to allow foreign investors in iron ore futures from Friday.

WA may finally get some GST justice, with the Commonwealth Grants Commission backing plans that would deliver a substantial increase in iron ore royalties to State coffers.

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.

Brockman Mining is set to defy the gloom in the iron ore market, announcing plans to develop its Maverick project in the Pilbara, with trucking group QUBE Holdings signed up to transport the ore to port.

Shares in iron ore hopeful Sundance Resources were stripped of half their value after the company announced an aggressive cost reduction strategy that includes job cuts and a reduction in board size and remuneration.

Western Australian treasurer Mike Nahan says he can't guarantee a budget surplus in the next financial year due to the recent volatility in iron ore prices.

OPINION: Despite a spike in iron ore prices, it will be the bigger, low - cost producers that rule the roost in the near to medium term.

A couple of smaller miners that rode out the slide in iron ore prices could be the early movers in a more widespread revival in the sector.

Manganese miner Consolidated Minerals has boosted its coffers by around $ 111 million, after selling its 23 per cent stake in iron ore junior BC Iron.

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.

Following Chinese steel company Sinosteel's announcement that it had secured majority control in iron ore miner Midwest Corporation last week, questions have been raised regarding the potential of future acquisitions of WA mining companies.

HWE Mining has a presence in iron ore in the Pilbara region of WA and is active in gold, coal, bauxite, nickel and copper both in Australia and overseas.

PORTMAN Limited is on track to boost the capacity of its Koolyanobbing Iron ore project in WA to 3.5 million tonnes per annum in 2001 after completing key infrastructure changes and posting a 65 per cent increase in iron ore sales during the six months to

Cliffs will always be a one - trick pony that will wax and wane with the price of iron ore, but it is much better positioned to handle those market swings and has immense potential should we see even a modest uptick in iron ore prices.

Chief executive Andrew Mackenzie praised the record production levels in iron ore and said BHP «remains on track to achieve 6 per cent volume growth for the 2018 financial year».

Ports data indicate that capacity expansions resulted in a sharp pick - up in iron ore and LNG export volumes in the December quarter; the latter pick - up reflects the recent commencement of the fourth LNG train at the North West Shelf gas project.

This is mainly due to two unforeseen events: the drop in iron ore prices and the sudden collapse of the oil price.

It should be all but obvious to even a casual observer that the turn in the iron ore sector is much further off than it is for cobalt, for example.

As well as these factors, KPMG said Atlas» forecasts were highly sensitive to movements in iron ore prices, «which continue to be depressed in a challenging global iron ore market».

The Australian sharemarket has retreated from six - year highs, as a plunge in the iron ore price weighed on miners and several poorer - than - expected earnings results convinced investors to take a breather.

In an interview with AFR Weekend, the billionaire, 63, revealed that only financial commitments in iron ore mining prevented her becoming a major investor in agriculture earlier in her business career.

West Australian premier Colin Barnett says the government will not become a «bank of last resort» for the resources sector after sweetening conditions for miners struggling to survive a sustained rout in iron ore prices.

An exceptional growth strategy in iron ore and a strong pricing outlook, with a conceptual pathway to treble production to over 600 million tonnes per annum..

Net headcount reduction of 2,200 since 30 June 2012 across the Group, after taking into account 1,800 new roles in iron ore to support the expansions.

Yandik's forebearers, farmers in Slovakia, immigrated to New York in the 1890s and took jobs in the iron ore mines around Livingston.

FeOOH is found in iron ore deposits that exist in bogs, so it could easily move into the deep Earth at plate tectonic boundaries, as could samples of ferric oxide, Fe2O3, which along with water will also form the pyrite - like iron oxide under deep lower mantle conditions.

Rio Tinto is one of the largest and most diversified mining companies, operating in iron ore, energy, aluminum, copper, gold, and more.

The short - term outlook in iron ore as well as met coal is uncertain and has less pricing support.

Without a near - term rebound in iron ore prices, it is hard to recommend the shares of Cliffs.

The owners of two major iron ore developments in the Pilbara have flagged changes to their timetable and ownership structure respectively, as they seek to deal with the sharp fall in iron ore prices.

Its earnings are very sensitive to changes in the iron ore prices.

China's great environmental clean - up is starting to produce knock - on effects in Western Australia, with none more interesting than the «quality clash» in the iron ore sector.

However, investment in additional infrastructure is occurring, with the planned expansions likely to support strong growth in iron ore exports, while growth in coal exports is expected to be more moderate.

[20] In its projections published in July 2012, the Bureau of Resources and Energy Economics anticipated strong growth in iron ore and coal exports over the next half decade, of around 9 — 10 per cent per year (Figure 19).