2019 6 11 Dry processing is linked to the quality of the iron ore extracted from mining. In Carajs, as the iron content is already high (above 64%), the ore is only crushed and sieved, so it can be classified by size (granulometry). In Minas Gerais, the average content is 40% iron
2003 1 2 Weighing up whether the good times can continue to roll for iron ore, a fan favourite among rich listers worldwide. Iron ore miners are enjoying their best profit margins in a decade. This has triggered a rush which has attracted a number of new investors, including Londons super rich property
2019 6 7 The once sleepy iron ore sector is now a major talking point because the commodity dominates the Australian export scene, earning $75 billion in 2013 14. ASX Investment videos feature some of the market's best commentators and are a great way to stay in touch with market trends.
Plans for the new mining operations come after iron ore prices have halved due to global oversupply and a slowing Chinese economy. China demand drove the global supply of iron ore, predominantly sourced from the Pilbara in Western Australia, and Brazil and an oversupply was created as demand eased.
COAL is forecast to be Australias largest export earner at $58.1 billion in 2018 19 with iron ore exports forecast to earn $57.7 billion in the same period, according to the latest commodity forecast from the Department of Industrys Office of the Chief Economist.