Sentences with phrase «ore export»

"Ore export" refers to the process of selling and shipping natural minerals or rocks from one country or region to another for economic purposes. These minerals can be extracted from mines and include materials like iron ore, copper ore, or gold ore, which are valuable commodities used in industries such as manufacturing and construction. Full definition
The strong export numbers at Dampier give hope that Rio may yet achieve its full - year iron ore export guidance for 2017, despite being behind the pace required after the first nine months of the year.
That fast finish is expected to enable Rio to meet its full - year iron ore export guidance, despite being well behind the pace as recently as October.
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.
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.
Iron ore exports through the nearby Port of Dampier, which is one of the ports used by Rio Tinto's iron ore division, were also higher in December than at any time in fiscal 2018.
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.
Fortescue's role in December's strong iron ore export numbers will be watched closely by the market, after the miner exported at a slower than expected rate during October and November.
Iron ore futures were slightly higher in the Chinese city of Dalian on Thursday, after cyclone warnings prompted the closure of Australia's top iron ore export hub.
The key shipping ports of Dampier, Cape Lambert and Port Hedland, the world's largest iron ore export terminal, bore the brunt of the storm after clearing dozens of iron ore freighters and evacuating staff over the weekend.
Now, Greenpeace Australia has uncovered new information on Adani's corrupt history in India (PDF), including a bribery scandal, illegal ore exports, illegal construction on private land, concealing and falsifying facts in application processes, and activity without environmental clearances.
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.
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.
Iron ore exports were up 64 per cent in 2001 - 02, exceeding 4,000,000 t for the first time.
A ramp - up of iron ore exports has lifted annual throughput at Port Hedland to a new record of 460.4 million tonnes, with the combined Pilbara Ports Authority tracking for a figure of 633.5 mt per year.
Port Hedland shipping data published this week revealed that iron ore exports were 12 per cent higher in December than November, and 4.8 per cent higher than the previous record month.
This should continue as the ore export ban in Indonesia implemented in January is still in place and doesn't appear to be going away anytime soon.
Iron ore exports are lower due to seasonal factors in Australia and Brazil - and the long Chinese New Year break occurs in the quarter.
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