Business
Massive new port could give Vale back iron ore crown – MINING.COM – MINING.com
A project for a dedicated iron ore port with a capacity of up to 560 million tonnes per year is advancing in the north of Brazil.
Global total exports amounted 1,170 million tonnes in 2020, 9.3% higher than in 2019. Total China imports exceeded 73% of the world total shipped.
As China shut down many small and low-quality iron ore mines and continues to raise its bar on ore quality to match its environmental standards, Brazil, Australia, and India will be major sources of the net increase in production, Fastmarkets reports.
A project for a dedicated iron ore port with a capacity of up to 560 million tonnes per year is advancing…
-
Noosa News18 hours agoOnly person charged over Spear Creek murders admits he lied to police
-
Noosa News19 hours agoAllegedly armed man who sparked hours-long lockdown of Brisbane City Botanic Gardens in custody
-
General6 hours agoCopper Coast Council threatens ratepayer with legal action over ‘offensive’ comment
-
Business22 hours agoGold price races towards US$4,200 on Tuesday