ArcelorMittal signed an agreement on Friday to stay for at least 25 more years in Liberia, where it will at least triple its iron ore production and invest an additional $800 million, the company ...

With the latest agreement, ArcelorMittal will invest an additional $800m to boost iron ore production in the country from 5mtpa to 15mtpa within the next three years. Expected to be one of the largest mining projects in West Africa, the expansion project will involve processing, rail and port facilities. Liberia President George Manneh …

The Brazilian state with some of the world's biggest iron ore mines wants to attract investors to its lithium deposits in a bid to feed growing demand for the key material in electric-vehicle ...

Brazilian miner Vale said on Tuesday it expects to produce between 310 million and 320 million metric tons of iron ore in 2024, ... the mining giant also forecast capital expenditure (capex) of ...

Vale's production of iron ore 2010-2022. Published by Statista Research Department, Oct 30, 2023. In 2022, Vale produced a total of 307.9 million metric tons of iron ore, down slightly from 313 ...

Brazilian iron-ore giant Vale plans to keep its production of the steelmaking ingredient steady next year, potentially offering some support to the recent price rally. The world's second-largest ...

Price - Chart - Historical Data - News. Alerts. Prices for iron ore cargoes with a 63.5% iron ore content for delivery in Tianjin dropped to $110 per tonne, the lowest in nearly seven months due to subdued demand in China, the leading consumer. The slowdown in demand is causing a cautious approach among steelmakers, who are hesitant to restock ...

The steel and mining company first signed a 25-year deal with Liberia in 2005 and shipped the first iron ore from its Yekepa mine in 2011. It had been aiming to expand output to 15 million tonnes ...

Vale S.A.'s VALE third-quarter 2021 iron ore production was 89.4 million tons (Mt), which came in 1% higher than the year-ago quarter and 18% higher than the second quarter of 2021.

The most-traded May iron ore on China's Dalian Commodity Exchange rose 1.3% after a brief dip in the previous session, to 980.5 yuan ($137.22) per metric ton at closing. Sign Up for the Iron Ore ...

Vale's subsidiary Vale International has reached a letter of intent (LOI) with Indian conglomerate Essar Group to supply iron ore agglomerates for its Green Steel Arabia (GSA) project in Saudi Arabia. As part of the alliance, Vale will deliver four million tonnes per annum (mtpa) of iron ore agglomerates, which include direct-reduced grade ...

The average realized price of Vale's iron ore fines was $118.3 per ton in the quarter, up 12.6% from the third quarter. Vale's nickel output dropped both in quarterly and yearly terms, but ...

"Conservative estimates point to a fuel reduction of around 5 to 8%, with a potential reduction of 4.4% in annual emissions from Vale´s maritime transport of iron ore," Vale technical manager ...

Mining. Iron ore is present in the solutions that transform people's lives, contributing to the evolution of society. Today we are the largest producer of iron ore and nickel in the world, in addition to operating in other segments. Come and discover each product and its curiosities. Access the page Mining

It is part of everyday life: it is used in the production of batteries and items ranging from coins to cars. Highlights: • The ore obtained from our mines contains more than just nickel. Therefore, by extracting and processing it, we also produce cobalt, copper and precious metals. Where we operate: Brazil, Canada and Indonesia.

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

Jul 20, 2021 9:45AM EDT. Vale S.A .'s VALE iron ore production for the second quarter of 2021 was 75.7 million tons (Mt), which came in 12% higher than the year-ago quarter and 11.3% higher than ...

The Brazilian mining giant produced 89.7 million metric tons, topping the 87.2 million-ton average analyst estimate. The result was also well ahead of the previous three months and slightly more...

Iron ore production increased 6% y/y driven by a record output for a second quarter at S11D, followed by solid performance at Itabira and Vargem Grande …

Brazil's Vale (NYSE: VALE) has begun producing high-grade iron ore fines for pelletizing at its new three-million-tonnes-a-year grinding hub at China's Shulanghu Ore Transfer Terminal. The ...

As evident in Fig. 1.2, the world's production of usable (processed) iron ore has increased from about 970 million tons in 2000 to 2.45 billion tons in 2019. Australia is the largest iron ore producing country, producing approximately 919 million tons of usable ore in 2019, equivalent to about 37% of the world's iron ore production.

Production and Sales Report 2022. • Vale's Q4 performance was marked by strong iron ore fines and nickel sales, up 24% and 30% q/q respectively, converting into sales the inventories formed …

• The ore found in Carajás has 67% of iron content, considered the best quality on the planet. • In Northern Brazil, our mines occupy only 3% of the Carajás National Forest. The remaining 97% we protect in partnership …

The company's iron ore production grew 4.3% in 2023 to 321.15 million tons, topping its own estimate for the year. It expects to produce between 310 million and 320 million tons of iron ore in 2024.

China may be the world's biggest buyer of iron ore, but even that powerful position doesn't mean that Beijing can succeed in dictating prices for the steelmaking ingredient, said the head of No. 2 producer Vale SA. A bucket-wheel excavator moves iron ore at the Vale S11D mine in Parauapebas, Para state, Brazil, on Wednesday, May 17, …

Vale's iron ore production grew 4.3% in 2023, topping the Brazilian miner's estimate for the year, while shipments of the commodity fell slightly, the company said …

Vale ( VALE) said Q4 average realized price of its iron ore fines was $118.3/ton, up 12.6% from Q3. Q4 pellets production jumped 19% Y/Y to 9.9M tons, boosting full-year results by 14% to 36.5M ...

The Vale-owned Carajas mine in the state of Para in Northern Brazil is the world's biggest iron ore mine holding 7.27 billion tonnes of proven and probable reserves as of December 2012. Carajas is an open pit mining operation targeting the Serra Norte, Serra Sul, and the Serra Leste iron ore deposits in the Carajás District.

Reuters. Sesa Goa, a subsidiary of Vedanta Resources, on Saturday said it will buy 51% stake in an iron ore making firm in Liberia …

It will have a capacity of 90 million metric tonnes/year, or more than 25% of Vale's 2015 iron ore output. The first iron ore sale from S11D is expected in early 2017.

ArcelorMittal to expand its mining and logistics operations in Liberia. (Credit: ArcelorMittal) ArcelorMittal has announced plans to invest nearly $800m in a brownfield expansion project in Liberia to significantly ramp up production of iron ore to 15 million tonnes per annum (mtpa). In this connection, the Luxembourg-based steel …

China imports 1.1 billion tons of iron ore annually, at a cost in 2021 of about $180 billion. There are about 500 steel mills in China, of which the top 10 companies only contribute 40% of the ...

Oct 19 (Reuters) - Brazilian miner Vale SA (VALE3.SA) said on Tuesday it was slowing down production of low-margin iron ore in the fourth quarter by about 4 million tonnes due to low prices, and ...

Vale has invested nearly R$ 66 billion * (US$ 17.5 billion) installing and expanding the use of dry processing, using natural moisture, in iron ore production in its …

Unmanned vehicles remove iron ore mining waste to help shut down the Vale SA B3 and B4 dams due to the imminent risk of collapse at the Mar Azul mine in Nova Lima, Minas Gerais state, Brazil, July ...

An expansion plan envisages the company increasing iron-ore exports to 15 million tons a year, building a concentrator at the Yekepa concession and a new ship loader at the port of Buchanan on ...