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Five iron ore trends to watch in 2020 – report

21 January 2020 - 15:42
Metals and mining research and consultancy group Wood Mackenzie has identified five trends that will impact the iron ore industry in 2020.

Brazil prosecutors threaten to revive $37bn lawsuit over Samarco delays

17 January 2020 - 15:46
Brazil’s federal prosecutors’ office has threatened to revive a 155 billion reais ($37 billion) lawsuit against Vale SA and BHP Group, citing delays in helping survivors of a deadly dam burst at their Samarco joint venture, a source close to ongoing talks on the matter between the companies and prosecutors told Reuters.

Fresh high for iron ore price as Chinese steel breaks records

17 January 2020 - 14:41
Benchmark iron ore prices climbed on Friday after economic data showed the country’s steelmakers produced just shy of 1 billion tonnes in 2019, the second record-breaking year in a row.

Rio Tinto’s full-year iron ore shipments drop on disruptions from cyclone and fire

16 January 2020 - 15:55
Rio Tinto on Friday posted a 3% drop in iron ore shipments in 2019 as the Anglo-Australian miner’s operations faced disruptions due to cyclone and a fire at a port facility.

The big problem haunting top iron ore miner isn’t so easy to fix

16 January 2020 - 15:51
In the weeks and months after Vale SA’s deadly dam disaster, some of Brazil’s biggest investors snatched up shares in a bet they’d bounce back and then keep rising.

Iron price gains as China imports leap to over 1 billion tonnes

14 January 2020 - 16:00
Benchmark iron ore prices climbed on Tuesday after trade data showed Chinese imports of the steelmaking raw material topped 1 billion tonnes for the third year in a row as Beijing’s efforts to stimulate the economy pays off.

BHP says Westpac chairman will not stand for re-election on its board

13 January 2020 - 16:03
BHP Group said on Tuesday Lindsay Maxsted will not stand for re-election as a director, months after he brought forward his retirement as chairman of Westpac Banking Corp after a money-laundering scandal rocked the lender.

India’s NMDC plans sharp increase in iron ore output

10 January 2020 - 18:48
India's state-controlled NMDC plans to lift its iron ore output significantly in the 2020-21 fiscal year starting 1 April, anticipating robust sales and higher prices on the back of a supply shortage.

India's Sail lifts 2019 iron ore output

10 January 2020 - 18:46
State-controlled steel producer Steel Authority of India (Sail) increased iron ore output by 5.25pc to around 22mn t in 2019, a record high for the company.

Supply issues, steel gains lift Indian iron ore prices

9 January 2020 - 17:17
India's domestic iron ore prices have increased sharply in January, as steel mills and pellet producers step up purchases amid expectations of supply disruptions from April. An increase in steel prices has also prompted mining companies to raise offer prices.
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