Iron ore weakness to continue into 2025 and beyond says
·BHP saw record iron ore production in FY2024 year ended June 30 of 260mt a 1% y o y increase and FY2025 production to come in at
·BHP saw record iron ore production in FY2024 year ended June 30 of 260mt a 1% y o y increase and FY2025 production to come in at
·Australia s iron ore fines prices have reached US$ per tonne $ according to MySteel s index for the 62 per cent iron ore Australian fine price on January 18
·Fortescue began commissioning the Firetail ore processing facility last month and production is predicted to ramp up quickly Despite only officially opening the site today actual mining has been
·The annual Australia s Identified Mineral Resources report is published by Geoscience Australia and draws on more than 45 years of data to track Australia s known mineral resources
· We are currently producing two direct shipping iron ore products a 32mm lump and a 0mm fines product AusCrush general manager Morgan Taylor told Australian Mining
·The port off the coast of Western Australia s Pilbara region an iron ore rich area twice the size of the United Kingdom was closed on Saturday night over the threat from the cyclone
· Lower prices over the outlook period are expected to see Australia s iron ore export earnings ease from $133 billion in 2021 22 to $113 billion in 2022 23 and then to $95 billion in 2023
·Rio Tinto Iron Ore chief executive Chris Salisbury said the company s iron ore business continued to deliver industry leading margins as we drive performance from our mines
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