In iron ore, you care about FOB, not CIF

Iron ore is priced by CIF (Cost, Insurance, and Freight), which masks an iron ore price not as weak as most think. On November 5th the price of iron ore …

Apurimac Iron Ore Project | strikeresources.com.au

Overview. Key project features: Concessions totalling approximately 72,800 hectares in the Southern Highlands of Peru. JORC Resource of 269Mt of iron ore at Opaban of 57.3% Fe (142 Mt Indicated at 57.84% Fe and 127 Mt Inferred at 56.7% Fe).

Apurimac Iron Ore Project, Andahuaylas Province, Peru

The Apurimac iron ore project is an open-pit, direct-shipping iron ore (DSO) project being developed by Strike Resources in the southern highlands of Peru. It has the potential to be one of the highest grade, large-scale magnetite projects in the world. The project involves the development of Opaban 1 and Opaban 3 high-grade iron ore deposits.

Iron ore offtake deal greases the wheels of Strike's ...

A two-year binding iron ore offtake agreement just signed will accelerate Strike Resources' development of the significant Apurimac project in Peru. The agreement incorporates a US$2 million prepayment facility to fund the first ore on ship at Apurimac – a development which allows Strike (ASX:SRK) to accelerate plans to expand iron ore ...

Mesabi Iron Range :: ArcelorMittal USA

Iron ore is mined from the Iron Range by removing surface material and then drilling and blasting the rocks that contain iron. The haul trucks then take the material to the crusher and onto the grinding mills. After running the material through a series of magnets and other processes to create iron ore concentrate, the spherical pellets are ...

Trafigura Mining Group | Trafigura

In 2020, Trafigura Mining Group acquired Myra Falls Mine from leading global zinc and lead producer Nyrstar. The underground mine is situated in Strathcona Provincial Park, 90kms southwest of Campbell River on Vancouver Island, British Columbia, has been operational since 1965 and employs over 300 people.

Strike Resources announces maiden iron ore resource for ...

Motivated by recovering iron ore prices, Strike Resources (ASX: SRK) has announced a maiden resource for its Paulsens East iron ore project in Western Australia and aims to fast-track its development within the next nine months. The Perth-based junior today reported a maiden JORC inferred mineral resource at the Pilbara project of 9.1 million tonnes at 63.4% iron, 5.6% silica and 3.2% alumina.

FEATURE: Who are China's top iron ore traders? | Metal ...

Henghou started trading iron ore in 2008. It formed a joint venture with the world's fourth-largest iron ore producer, Fortescue Metals Group, and junior Australian miner BC Iron to develop the Nullagine Iron Ore project, which started to produce iron ore in 2011. Henghou achieved total sales of more than 10 million tonnes of iron ore in 2013.

Mineral industry of Peru - Wikipedia

Iron ore. Shougang Hierro Perú S.A.A. (a subsidiary of China's Shougang Corporation) continued to be Peru's sole iron ore producer in the Marcona District, in the Department of Ica. Mine output increased to 4.8 Mt of iron content in 2006 from 4.6 Mt in 2005. The iron ore exports amounted to 6.7 Mt at a value of $256 million compared with 6.6 ...

Strike set for first Peru iron ore product export | The ...

The Perth-based iron ore miner is on the brink of striking the export market while the benchmark iron ore price runs hot and continues to defy gravity around US$215 per tonne. Several more loads of the crushed Apurimac high-grade lump direct shipping ore or "DSO" will be hauled to a designated stockpile area near the port before Strike's ...

Frank Garcia - Owner - Operator - QUAIL CREEK RENTALS LLC ...

Titan Iron Ore is a mineral exploration company with properties in Wyoming USA. Responsible for all finance, accounting, and SEC reporting requirements including 10K's, 10Q's, and 8K's.

Bhp Billiton Iron Ore Dump Truck Operator Resume Sample ...

Dump Truck Operator BHP Billiton Iron Ore - Newman, WA. Operating 793F Dump Truck. Load and haul various ore grade materials to correct dump locations. Shift work day/night rotations. Assisted in training and development of new employees with driver education and awareness. Achieve all set KPI's and targets that were presented to us by BHP ...

Our Operations | Fortescue Metals Group Ltd

Hedland Operations. Fortescue wholly owns and operates our purpose designed rail and port facilities, constructed to deliver iron ore from our mines to Port Hedland for shipment to our customers. Covering 760km of track, our railway is the fastest and heaviest haul line in the world. The efficient design and layout, optimal berthing ...

China steelmaker HBIS lines up investment in Peru iron ore ...

It coincides with steady demand from Chinese steel mills as prices of iron ore, the main steel-making ingredient, top $100 a tonne. Qingdao-based Zhongrong Xinda acquired the rights to Pampa de Pongo in 2016 and its subsidiary Jinzhao Mining Peru is the project's operator.

Strike Resources (ASX:SRK) to ship iron ore from Peru to ...

The first ore shipment of 30,000 tonnes is expected by June 2021; On the market this morning, Strike is up 10.5 per cent and is trading at 21 cents per share; Strike Resources (SRK) has signed a two-year offtake agreement with an international iron-ore trading firm for iron ore mined from its Apurimac Iron Ore Project in Peru.

9 Biggest Chinese Mining Companies - Investopedia

Government of Australia. "Resources and Energy Quarterly, March 2020: Iron Ore," Page 39.Accessed May 26, 2021. World Steel Association. "Global Crude …

Leading mining companies Chile 2020 | Statista

Get in touch with us now., Aug 17, 2021. In 2020, Codelco was by far the leading company in the Chilean mining sector, generating more than …

Iron Ore Company of Canada - Rio Tinto

Montreal - The Iron Ore Company of Canada (IOC) and College of the North Atlantic (CNA) signed today a Memorandum of Understanding (MOU) to collaborate on the development of new skills aligned with the latest advancements in mining technology. IOC will …

Analysts not convinced the iron ore price run has legs ...

The iron ore price surged to a record $237.57 per tonne Wednesday as strong Chinese demand continued to outpace supply, but analysts are not entirely convinced the price run has legs.

Strike ramps up iron ore production in Peru, eyes first ...

Strike Resources (ASX:SRK) remains firmly focussed on developing the Paulsens East project in the Pilbara, but high iron ore prices provide opportunity to generate additional valuable cashflow from a mining operation at its Apurimac project in Peru. Strike's Apurimac iron ore project is recognised as one of the highest grade, large scale magnetite projects in the world.

Shougang Hierro Peru using Russian management system to ...

Peru's key iron ore producer, Shougang Hierro Peru, is using a Russian management system to improve operations, according to media reports. The company will use the $750,000 software to design improved transportation routes, and reduce downtime and the risk of emergency situations.

Careers – Anglo American – Kumba Iron Ore

Back Sustainability. Approach and policies. Performance. Safety and health. Open submenu (Managing tailings safely) Managing tailings safely. Our people. Environment. Environmental compliance audits. …

Top mining companies in Mexico 2020 | Statista

Get in touch with us now., Aug 6, 2021. In 2020, Americas Mining Corporation was the leading mining company in Mexico, based on revenue, with …

Pampa de Pongo Iron Ore Project, Caraveli, Arequipa, Peru

A portfolio published by Peru's Ministry of Energy and Mines in October 2018 said Pampa de Pongo, in the Arequipa region, could produce 28.1 million tonnes of iron per year …

Other metals and minerals

7.2 mt. of alumina/aluminium sold via our marketing business. 57.6 mt. of iron ore sold via our marketing business. Uses. Aluminium. As a lightweight but strong metal, aluminium is widely used in cars, planes and trains, and in recyclable food packaging such as cans and foil. In construction, it is used in window and doorframes, roofs, facades ...

Overview of Peru's Mining Industry - SES Professionals

Shougang is one of the country's largest investors in Peru's mining sector, and has been working on its mine expansion since 2009. Despite a three week strike that ended in September, iron ore sales volumes rose 2% to 10.69Mt in 2014. Shougang Hierro's proven and probable iron ore reserves total 2.09Bt Employment

Marcona mine - Wikipedia

The Marcona mine is a large iron mine located in western Peru in the Nazca Province.Marcona represents one of the largest iron ore reserves in Peru and in the world, having estimated reserves of 1.4 billion tonnes of ore grading 54% iron metal. It is owned by the Chinese state owned company Shougang Hiero Peru.. See also. List of mines in Peru. Zinc mining ...

Vale S.A. - Wikipedia

Vale S.A. (Portuguese pronunciation: ) is a Brazilian multinational corporation engaged in metals and mining and one of the largest logistics operators in Brazil. Vale, formerly Companhia Vale do Rio Doce (the Sweet River Valley Company, referring to the Doce River), is the largest producer of iron ore and nickel in the world. Vale also produces manganese, ferroalloys, copper, bauxite, potash ...

Apurimac Iron Ore Project, Andahuaylas, Peru

Apurimac Iron Ore Project, Andahuaylas, Peru

Mining's big environmental footprint in the Amazon

Mining companies are keen to expand into the Amazon, and the Brazilian Government aims to facilitate this, as the study claims that "throughout Brazil, mining leases, concessions, and exploration permits cover 1.65 million km² of land, of which 60% is located in the Amazon forest". In 2017, Brazil's President Michel Temer tried to ...

Specifications Guide Global Iron Ore

The following Iron Ore specifications guide contains the primary specifications and methodologies for Platts Iron Ore assessments throughout the world. These are the timestamps used for Platts iron ore assessments. Data reported at or after these timestamps is not considered in the assessment process. Asia: 5.30pm Singapore Atlantic: 4.30pm ...

Indicators of Mining Dashihe Iron Ore Magnetic Separation ...

Several indicators of a Mining Dashihe Iron Ore magnetic separation project hit a record high in March. The processing capacity of the production line exceeded that of the plan by 2.89%; the production capacity of building materials exceeded that of the plan by 3.55%; the unit cost was 1.09 yuan per ton lower than that of the plan and the monthly labor productivity was 13.9% higher.

About Vale

In 1911, Itabira Iron Ore Company was incorporated to replace Brazilian Hematite, as the first company authorized to operate in the region. In 1939, the owner of Itabira Iron Ore Percival Farquhar created Companhia Brasileira de Mineração e Siderurgia with six other Brazilian entrepreneurs.

Iron ore | BHP

Samarco Mineracao S.A. (Samarco) is a non-operated joint venture iron ore operation. BHP Billiton Brasil and Vale each hold a 50% shareholding in Samarco. Following the Fundão dam failure in 2015, operations at the iron ore operation have resumed without the need of tailings dams and with a new, safer filtration system.

China steelmaker HBIS lines up investment in Peru iron ore ...

HBIS Resources Co Ltd, a unit of China's second-biggest steelmaker HBIS Group, said on Monday it had signed an initial deal to develop the Pampa de Pongo iron ore mine in Peru …