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Sale of Magnetation to new owner ERP Iron Ore closes

Sale of Magnetation to new owner ERP Iron Ore It s likely that Plant 4 in But the company was hit hard when the price of iron ore plummeted from more than

On the road for a massive new iron ore mine

With a 67 per cent iron ore concentrate that has low phosphorous sulphur silica and alumina content a price premium of $6 per tonne will be placed on the ore Moreover the move also improves the project s cost profile and acts to minimise risk and price volatility

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4 Mining Stocks in Focus on Unpredictable Iron Ore Prices

Last week iron ore prices logged the largest gain of 2024 climbing nearly 7% till Apr 19 However the spot markets of this major steel making product went hard into reverse in Friday s closing session Per the Metal Bulletin the spot price for benchmark 62% fines surged % to $ a ton

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Condor Blanco Mines in successful Marianas iron ore mining trial Condor Blanco Mines has successfully completed an iron ore commercial scale trial at La Serena for iron ore from its Marianas project in Chile

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The Iron Ore Company of Canada IOC is a leading Canadian producer of iron ore concentrate and iron ore pellets that serves customers worldwide The company operates a mine a concentrator and a pelletising plant in Labrador City Newfoundland and Labrador as well as port facilities in Sept Îles

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Small miners under big pressure if iron ore price falls

Pilbara miner Atlas Iron suspended production at all its mines back in April 2024 as the iron ore price dropped below its cost of production It slashed costs by laying off staff and was bailed out by its major contractors and lenders The firm returned to profit in the first half of the financial year thanks to soaring iron ore prices and it plans to produce 14 15 million tonnes of iron

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Iron mining woes force Magnetation bankruptcy MPR

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