Blacksmith iron ore project to commence as DSO operation in Western Australia
The Blacksmith iron ore project, located in Western Australia’s Pilbara region, is set to be developed as a direct shipping ore (DSO) operation. Led by...
Tag : iron ore
Algeria’s emergence as China’s key iron ore supplier in Africa
Algeria, Africa’s largest country, is poised to transform into a major iron ore supplier for China, reducing Beijing’s reliance on Australian imports crucial for its...
The dynamics of Russian commodity markets in the face of international sanctions
The geopolitical landscape has shifted dramatically for Russia following the invasion of Ukraine, leading to significant repercussions for its role as a major commodities supplier....
Growing demand for Norwegian mines amid Russian ore exit: GRANGEX acquires Sydvaranger
The withdrawal of Russian ore from the European market is fueling increased demand for companies like Sydvaranger, according to Christer Lindquist, leader of GRANGEX. His...
BHP Group explores microbial solution to clean up steel production
In a groundbreaking initiative, mining giant BHP Group is teaming up with Boston startup Allonnia to investigate the potential of harnessing microorganisms to clean its...
China’s ambitious Sahara mine project: Rethinking iron ore sources amid economic shifts
Beijing is undertaking a colossal endeavor in the Sahara Desert, aiming to establish a mine that would serve as an alternative to Australian iron ore,...
Rio Tinto partners with Founders Factory to drive innovation in mining technology
Rio Tinto, a leading mining corporation, has unveiled plans to support the advancement and commercialization of groundbreaking mining technologies. Teaming up with Founders Factory, a...
Simandou iron ore project secures $15 billion financing for key infrastructure development in Guinea
According to a report from Bloomberg, shareholders of the Simandou iron ore project in Guinea have recently signed financing agreements totaling $15 billion. This significant...
Navigating the transition: Australia’s iron ore industry at a crossroads
Australia’s economic powerhouse, its iron ore sector, faces a pivotal moment as its key consumer, China, moves towards reducing its carbon footprint. While iron ore...
EU sees surge in direct reduced iron imports in January 2024
In January 2024, the European Union experienced a notable surge in imports of direct reduced iron (DRI), marking a 68.4% increase compared to the same...