Rio Tinto creates JV with Chalco (China) to develop Simandou Project
Iron Ore / Western Africa
Australia’s Rio Tinto has signed a binding agreement to establish a joint venture with China’s Chalco to develop ...

CLM (Canada) makes first iron ore shipment to China
Iron Ore / North America
Canadian iron ore miner Consolidated Thompson Mines (CLM) shipped the first batch of iron ore produced by ...

ArcelorMittal South Africa to keep buying iron ore from Kumba Iron Ore at low prices
Iron Ore / South Africa
Under the pressure of authorities, African company Kumba Iron Ore agreed last week to sign an interim agreement with ArcelorMittal South Africa in respect of the supply of iron ore till July 2011 at low prices ...

Bahia Mineracao (Brazil) to launch concentration plant in Q1 2013
Iron Ore / Brazil
Brazilian iron ore producer Bahia Mineracao plans to put on stream Pedra de Ferro concentration plant in Q1 2013 ...

Indian iron ore market: domestic prices slide, export ones grow
Iron Ore / India
The domestic and the export markets for Indian iron ore are following different trends in the last week of July. In particular, prices within the country are falling on weakening demand from local steelmakers amid seasonal finished steel production cutbacks ...

FMG (Australia) plans to produce 9-10 mt of iron ore in Q3
Iron Ore / Australia
Australia’s Fortescue Metals Group (FMG) plans to process about 9-10 mt of iron ore in Q3. For reference, Q2 production hit ...

Orinoco Iron (Venezuela) lifts HBI production in October
Iron Ore / South America
Venezuelan HBI producer Orinoco Iron is preliminarily planning to raise output by 25%...

FMO (Venezuela) increases HBI output
Iron Ore / South America
Venezuela's C.V.G. Ferrominera Orinoco (FMO) plans to more than double HBI production in July...

Chinese iron ore market slightly revives
Iron Ore / China
The Chinese market for iron ore has slightly revived this week. The number of orders from consumers has increased markedly since last week, thus creating some shortage because ...

Bonython Metals invests into Carpentaria Exploration (Australia)
Iron Ore / Australia
Australia’s Carpentaria Exploration has received the final payment of $2 mln from Bonython Metal Group (BMG) to fund exploration of ...

Afghanistan tenders for development of iron ore deposit
Iron Ore / South Asia
The government of Afghanistan plans to float a tender in September to develop the unexploited Hajigak iron ore deposit ...

Posco (South Korea) to have more Australian iron ore
Iron Ore / South East Asia
South Korean steelmaker Posco wants to increase its raw material self-sufficiency considerably by acquiring stakes in Australian iron ore plants. The steelmaker is to buy ...

Sinosteel Midwest to launch Weld Range iron ore project (Australia) in 2013
Iron Ore / Australia
Iron ore miner Sinosteel Midwest has finished feasibility study for Weld Range project located in Mid West region...

African Minerals signs agreement with Shandong Iron & Steel (China)
Iron Ore / Western Africa
African Minerals, the mineral exploration and development company with iron ore interests in Sierra Leone...

Sichuan Taifeng (China) purchases 19.9% stake in IMX (Australia)
Iron Ore / Australia
Chinese trading company Sichuan Taifeng will acquire a 19.9% interest in Australian miner and resources developer IMX Resources, as well as ...

Riviera Resources (Australia) acquires iron ore project in Brazil
Iron Ore / Australia
Australia's Riviera Resources has signed a share sale agreement with South American Ferro Metals (SAFM)...

Cape Lambert Resources (Australia) plans to buy DMC Mining
Iron Ore / Australia
Australian iron ore investment company Cape Lambert Resources has acquired 92.96% of fully paid ordinary shares in DMC Mining (DMC)...

China: iron ore quotes going down
Iron Ore / China
Prices for import iron ore continue to go down in the Chinese market amid weak segment for finished products and ...

IMIDRO (Iran) to launch DRI module at Kaveh Jonob in January 2011
Iron Ore / Middle East
Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) plans to add a DRI module to Kaveh Jonob ...

Sphere Minerals (Australia) plans to start shipping iron ore from Mauritania's site
Iron Ore / Western Africa
Australia's Sphere Minerals, developing iron ore projects in Mauritania (West Africa), plans to begin first shipments of the material from Askaf mine in Q1 2012...

China: iron ore prices continue to retreat
Iron Ore / China
Iron ore prices continue to decrease in the Chinese market in the middle of July. While the prices were relatively stable in June...

Grange Resources (Australia) hikes pellet prices by 107%
Iron Ore / Australia
Australian producer of pellets Grange Resources has set prices for blast furnace pellets supplied to local steelmaker BlueScope Steel under the long-term contract...

Hebei Iron and Steel Group (China) to develop two iron ore projects
Iron Ore / China
Mining Company has signed a cooperation agreement with the government of Luannan County, Hebei Province, to jointly develop Macheng and Daguzhuang iron ore projects...

Sumitomo Corporation plans to buy 30% interest from Usiminas (Brazil)
Iron Ore / Brazil
Sumitomo Corporation plans to acquire a 30% stake in Brazil's Mineracao Usiminas S.A. (MUSA), which is part of ...

Russian iron ore exports to China to grow despite lower prices
Iron Ore / CIS
Russian producers of iron ore plan to scale up exports to China in July. Although spot prices in the Chinese import market continue to decline...

Arfa Iron & Steel (Iran) delays DRI module commissioning
Iron Ore / Middle East
Iranian steelmaker Arfa Iron & Steel postpones launch of a DRI module. The unit will be commissioned in the next Iranian year...

Prices for Russian iron ore to Eastern Europe may stay unchanged
Iron Ore / CIS
At the beginning of July, largest Russian exporters of iron ore to Eastern Europe have not finally set Q3 prices and continue to negotiate...

MMX (Brazil) ships first batch of iron ore to Chinese company
Iron Ore / Brazil
MMX Mineracao & Metalicos (ММХ) has shipped the first batch of the material (150,000 tonnes) to China's Wuhan Iron & Steel Group (Wisco)...