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Iron ore output in Odisha rises 11% in Apr-Jun period

Top producer Odisha witnessed improved iron ore output at 14.4 million tonne (mt) during April 1-June 22 period, compared with close to 13 mt produced in the same period last year as legal restrictions slapped on mining activities have been lifted. “Based ...

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Anglo American boosts iron ore output but warns of impairment

London-listed mining giants have continued to increase production despite a slump in commodity prices which has seen share values plummet across the industry. Anglo American, Fresnillo and Antofagasta all reported double digit increases in output on Wednesday signalling that mining ...

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BHP, Rio production show scale of commodity price challenge: Russell

The latest production reports from mining giants BHP Billiton and Rio Tinto hammer home an uncomfortable truth: No matter how much output increases and costs are cut, falling commodity prices triumph. Both BHP and Rio Tinto released reports this week ...

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China Nov iron ore output down 7.5pct on year

Data from the statistics bureau showed that China’s iron ore output plunged 7.5% in November from a year ago to 128.18 million tonnes Total output over January to November reached 1.386 billion tonnes, up 4.8 percent compared to the same ...

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Vale cuts investment budget for 2015, expects iron ore output to grow

The Brazilian mining giant-Vale has cut the mining investment budget for 2015. Vale’s Board of Directors approved $10.2 billion budget for the year, dropping by almost one-third when compared with 2014. This is the lowest investment budget announced by the ...

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Metalloinvest’s iron ore output up slightly in Q3

Russia based Metalloinvest, a global iron ore and hot briquetted iron manufacturer released its operational results for the Q3 of this year. In the given period of time, Metalloinvest’s iron ore output totaled 9.73 million tonnes up by 1.9% from ...

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South African Kumba’s iron ore output soars by 37pct in Q3

Kumba Iron Ore, South Africa’s largest iron ore manufacturer produced 12.97 million tonnes of iron ore during the Q3, growing by 37% from the same period a year ago. During January to September, Kumba exported 9.05 million tonnes of iron ...

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Rio Tinto says: Iron Ore Output Increased11% by Australia Expansion

The world’s second largest mining company Rio Tinto Group said that its Q2 iron ore production surged by 11 pct followed by the expansion of operations in the Pilbara region, Western Australia. The company said that the output was about ...

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