Iron Ore News
Get the latest iron ore news, prices and mining insights from MINING, the leading source of global mining information.
Simandou build expected to start in 2024 after almost 30
Set to be the world's largest new iron ore mine, the project will add around 5% to global seaborne supply when it comes on line.
Rio Tinto's Gudai-Darri mine most technologically advanced …
It is the company's most technologically advanced iron ore mine in the region, featuring some of the most front-line equipment, including a robotic ore sampling laboratory which provides ...
Global Iron Ore Mining Outlook
On average, the cost of producing iron ore in Australia is USD30/tonne, compared with USD40-50/tonne in West Africa and USD90/tonne in China. Production growth will …
Creating the zero-carbon mine | McKinsey
To understand this variation, we have created a comprehensive mine-decarbonization model. This breaks down mining emissions at an equipment level and assesses more than 20 decarbonization options (Exhibit 2). We have used an iron ore mine in Australia as an example to see what the world's first zero-carbon mine could …
Kolomela Iron Ore Mine, Northern Cape
Australian miners look to cash in on high gold prices; ... Underground mining equipment manufacturers, parts and suppliers ... as well the construction of a new railway line connecting the iron ore mine with the Sishen-Saldanha export line. It also received several other contracts in 2012 for additional construction works of the project.
Corrosion in Mining and Mineral Industry
Mining equipment, installations and ... costs and selection of various materials in mining and mineral processing equipment. This paper also focus on review of effects of ... Bailadila Iron ore Mine, India. 6 CORROSION OF WIRE ROPES Wire rope is an intricate device made up of a .
Iron ore price up as hopes of China stimulus resurface
The most-traded May iron ore contract on China's Dalian Commodity Exchange ended daytime trading 1.52% higher at 969.5 yuan ($135.12) a metric ton, following a fall of 0.37% a day before.
A new MIP model for mine equipment scheduling by …
Equipment maintenance cost is one critical financial aspect of a mining operation. Maintenance cost can constitute around 30–50% of the overall haulage costs of a surface mining operation that uses truck and …
A new iron ore mine 'every year to the end of this decade', …
Australia's leading iron ore miners are starting to diverge on their views about future demand for the commodity that's vital to our economy, and it's showing up in their investment decisions.
Iron ore prices are flying
Domestic Chinese prices also surged, with the most actively traded iron ore futures contract on the Dalian Commodity Exchange hitting its daily uplimit to finish Wednesday nearly 6% higher at 587 ...
Iron Ore Mining Equipment
Iron Ore Mining Equipment – Achieve a Higher Fe Content. Efficiently remove silica, alumina, clay, and other contaminants from your feed material to increase the Fe value …
Reclaimed ore, high prices spark mining scramble on the …
This means jobs and new prospects for declining mining towns, but also more of the economic volatility that defines life on the Iron Range: High prices for iron and steel fuel a race for valuable untapped ore — before the bottom drops out yet again.
Mapping out autonomous and remote mine projects in Western Australia
Underground mining equipment is similarly expected to see a CAGR of 2.3% in this same time frame, with the number of mining trucks and loaders/LHDs in active underground mines expected to rise to 19,853 by 2025. ... is an iron ore mine in development with a view to commence production in 2021. ... with costs down 15%. …
Eco-efficient and cost-effective process design for magnetite iron ore …
A detailed comparison of four circuit options for magnetite iron ore in terms of cost- and eco-efficiency. ... from plant design expertise to equipment, parts and services for every stage of your process. ... Iron ore has a special place in the global mining industry, judging by the volumes of ore processed and the energy usage. ...
Bad weather may cost Rio Tinto its iron ore crown
Company reported a 12% fall in quarterly iron ore shipments on Friday after storms affected its West Australian operations.
Introduction: Overview of the global iron ore industry
It is clear that the large iron ore producers with world-class assets, economies of scale, high efficiency, and good cost structures at the lower end of the …
China Baowu raises $1.4bn via bond, mostly for Simandou iron ore …
The world's largest steelmaker China Baowu Steel Group has raised 10 billion yuan ($1.4 billion) from a bond issue, in part for the giant Simandou iron ore project in Guinea, it said on Monday.
Iron Ore | Geoscience Australia
New mine developments include Rio Tinto Ltd's Koodaideri Project. The projected capacity rate of Koodaideri is around 43 Mtpa, ... Project between Red Hill Iron Ltd and API Management Pty Ltd have been put on hold until the current improvement in iron ore prices becomes stable 41.
Simandou build expected to start in 2024 after almost 30
Set to be the world's largest and highest grade new iron ore mine, the project will add around 5% to global seaborne supply when it comes on line.
COSTMINE: Yes, costs have risen
What do those effects look like for the mining industry? Without question, costs have risen, but how much have they escalated? Has it been a gradual climb or a dramatic shift? To dive into these questions a bit more, this brief article highlights the capital and operating costs for a sampling of mining equipment over the period 2016 through …
Iron ore supply slump as Rio runs late on new mines
Rio Tinto says labour shortages, rain and aboriginal heritage considerations slowed iron ore output, delivery of new mines and added to a $300m inflation hit
Ultimate Guide to Mining Tools & Equipment
Explore the essential mining tools and equipment used for surface and underground mineral extraction, from PPE to heavy machinery.
Iron ore
Vale's Q2 2024 profit soars on higher iron ore sales. Brazilian mining company Vale has reported net income attributable to its shareholders of $2.77bn for Q2 2024, almost tripling its…
Global Iron Ore Mining Outlook
Brazil Brazil's iron ore production growth will rebound in the coming years following contraction and stagnation over 2018-2020. Low operating costs, a solid project pipeline and Brazil's high ...
New mill grinds down costs and boosts efficiency at Savage River
Grange Resources Limited owns and operates Australia's largest integrated iron ore mining and pellet production facility and is the country's oldest magnetite producer.
Top iron ore stories of 2021 and what to expect in 2022
Prices jumped to a record of $237 a tonne in May, and crashed to about $85 in November on China's pledge to reduce steel output. In November, Fitch Solutions said the iron ore price rally was ...
Iron Ore Beneficiation Plant Equipment For Mining Process
Iron ore gravity-separation equipment. Select a gravity-separating machine based on the particle size of the iron ore. There are fixture gravity separation, vibrating …
Macro machines: The biggest and best mining machinery
The ability of these machines to cut, crush and load materials in a single pass is an advantage that mining vehicle specialist Wirtgen claims reduces production costs per ton of iron ore mined by around 40%.
The transformational technology behind Rio Tinto's most advanced mine
Drones, robotics and autonomous vehicles have been sparking innovative solutions in the mining industry for years. Rio Tinto's most technologically advanced iron ore mine in the Pilbara has taken this to a whole new level – boosting safety, energy efficiency and output, and paving the way for mines of the future.