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Australia Lifts Iron Ore Price Forecast

2019-11-27Rio Tinto Group lifted its spending on new iron ore projects in Australia to more than 4 billion with the approval of a replacement mine at a key hub, providing a further sign of the industrys ...

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World Bank lifts iron ore outlook MiningNewsnet

Iron ore is now expected to average 51t next year, up from 44.10t, 53t in 2018, up from 46.30t, 54.60t in 2019, up from 48.60t, and 65t in 2020, up from 51t. But the bank warned the price would still decline from current levels. Iron ore closed at around 62t overnight.

Fortescue profit soars on iron ore prices 9Finance

The miner in July forecast stronger iron ore shipments in 2020 but also flagged higher costs as it ramped up production to meet demand from China, its largest market.

Can Australias Miners Survive the Iron Ore Rout

Even if iron ore prices average US35t over the next two years BHPs gearing only lifts from 24 at end FY15 up to 29 by the end of FY18, still under the top end of its targeted 20-30 range.

Iron ore Sound Telegraph

High iron ore price baffles experts. Having got it mostly wrong for nearly 20 years, analysts are again running with a stronger for longer scenario for iron ore prices as record Chinese steel production continues to confound observers.

Atlas lifts targets expands and cuts jobs

Atlas lifts targets, expands and cuts jobs IRON ore producer Atlas Iron has lifted its shipping targets amid plans to expand capacity to 12MT by the end of 2013 and 30 job losses in Western Australia.

Rio Tinto lifts iron ore output to record as ore prices

The spot iron ore price was sitting at 83.10 a ton, up from 77.50 at the end of September, according to data compiled by the Steel Index, though under a Citi forecast of 87 in the fourth quarter.

Iron Ore price Commodities Financial and Business

2020-7-30UPDATE 1-BHP cuts 2018 iron ore forecast, cites rail car upload problems. ... Rio Tinto lifts iron ore production. ... Odisha miners cut iron ore price by 10pct on improved supply.

Fortescue lifts production shares fall Adelaide Now

Australias third-largest iron ore miner Fortescue Metals is continuing to ramp up output as it clamps down on costs, cutting expenses by 35 per cent year-on-year.

Brazilian Headaches Spur Iron Ore Price Past 100

The price jumped more than 11 last week and pushed iron ore prices into a bull market a 20 plus rise from its last low. Brazils giant miner, Vale is at the centre of the concerns there are a couple of smaller exporters such as Anglo American and CSN, a local steelminerals group.

Can Australias Miners Survive the Iron Ore Rout

Even if iron ore prices average US35t over the next two years BHPs gearing only lifts from 24 at end FY15 up to 29 by the end of FY18, still under the top end of its targeted 20-30 range.

Rio Tinto Lifts Dividend Despite Lower Net Profit

2020-7-29In contrast, Australias iron-ore production is in a region largely unaffected by the virus, enabling miners including Rio Tinto and BHP Group Ltd. to continue high shipments of the commodity. Rio Tintos iron-ore exports rose 1 in the three months through June and it continues to forecast annual shipments of between 324 million tons and 334 ...

Australian government forecasts 20 fall for iron ore

2018-1-8Fortescue at 19-month low after cutting iron ore price forecast Australian miners at two-week low after China iron prices tumble Australian mining stocks at 3-year high on iron, steel rally Australian miners climb as iron ore price lifts

Rio Lifts Iron Ore Spending to 4 Billion on Firm China

Bloomberg -- Rio Tinto LON RIO Group lifted its spending on new iron ore projects in Australia to more than 4 billion with the approval of a replacement mine at a key hub, providing a ...

Iron ore The West Australian

High iron ore price baffles experts. Having got it mostly wrong for nearly 20 years, analysts are again running with a stronger for longer scenario for iron ore prices as record Chinese steel production continues to confound observers.

Rio Tinto lifts iron ore output to record as ore prices

The spot iron ore price was sitting at 83.10 a ton, up from 77.50 at the end of September, according to data compiled by the Steel Index, though under a Citi forecast of 87 in the fourth quarter.

Iron ore The West Australian

High iron ore price baffles experts. Having got it mostly wrong for nearly 20 years, analysts are again running with a stronger for longer scenario for iron ore prices as record Chinese steel production continues to confound observers.

Rio Lifts Iron Ore Spending to 4 Billion on Firm China

Bloomberg -- Rio Tinto LON RIO Group lifted its spending on new iron ore projects in Australia to more than 4 billion with the approval of a replacement mine at a key hub, providing a ...

Australia keeps 60t iron ore fcst despite price jump

Australia on Tuesday downplayed the chances of a strong recovery in iron ore prices, sticking with an earlier forecast of 60 for 2015 despite a 25 percent recovery in the market price this month. Shares Berlin DI6.BE - news of smaller iron ore miners have surged in recent weeks after the spot iron

Resources and Energy Quarterly March 2019

2019-5-20The FOB Australia iron ore price has been revised up to average US67 a tonne in 2019, following significant Brazilian mine closures due to the Brumadinho dam collapse in that country. As a result, Australias real iron ore export earnings are forecast to increase from 63 billion in 201718 to 74 billion in 201819.

Australian government forecasts 20 fall for iron ore

2018-1-8Fortescue at 19-month low after cutting iron ore price forecast Australian miners at two-week low after China iron prices tumble Australian mining stocks at 3-year high on iron, steel rally Australian miners climb as iron ore price lifts

Rio Tinto lifts dividend despite lower profit

2020-7-29Rio Tintos iron-ore exports rose 1 in the three months through June and it continues to forecast annual shipments of between 324 million tons and 334 million tons. BHPs iron-ore

Iron Ore price Commodities Financial and Business

2020-8-3BHP lifts iron ore production by 4 per cent thanks to record output at WA mines. ... Australia cuts resources export revenue forecast on iron ore outlook. ... Iron ore price BHP starts work on 3 ...

Iron ore lifts despite US50 forecast The CourierMail

Despite the lift in the spot iron ore price, Rios London-listed stock lost 2.8 per cent, while BHPs slumped 4.7 per cent as the broader FTSE 100 gave up 2.5 per cent. Originally published as ...