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The prospects for iron ore prices are improving thanks to a lower than expected global surplus this year, analysts and traders say, though looming new supply from the giant Simandou project in ...
State-run mining major NMDC has recorded a 15 per cent increase in iron ore production and a 3 per cent rise in sales for the month of April. In a statement issued on Sunday, the company said it ...
The state budget forecasts WA's iron ore royalty income will drop to $5.7 billion in 2027-28, but that’s based on the assumption the iron ore price will return to its long-term average.
Vale S.A. VALE reported iron ore production of around 67.7 million tons (Mt) for the first quarter of 2025, which was 4.5% lower than the year-ago quarter. A strong performance at the S11D mine ...
India's iron ore production in 2024-25 (April-January) rose by 3.5 per cent to 236 million metric tonnes (MMT) compared to 228 MMT in the year-ago period.
Goldman Sachs expects iron ore to average about $85 a tonne in the fourth quarter, though there’s a risk it could briefly trade even lower.
The DCE’s most-traded May iron ore contract ended that session 1.06% higher at approximately US $111.54 (810.5 yuan) a metric ton. Meanwhile, the futures deal has already climbed over 4%.
NEWARK, Del, Jan. 21, 2025 (GLOBE NEWSWIRE) -- The global iron ore pellets industry is poised for robust growth, with the market value anticipated to reach USD 66.8 billion in 2024 and expand at a ...
Via Metal Miner All available indicators at the start of 2025 show that iron ore prices will likely remain subdued in the new year. According to the latest data, the supply side will remain strong ...
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