Iron Ore news
Rio Tinto approves feasibility study for its Koodaideri iron ore development
Feasibility study for new Rio Tinto iron ore development, the company’s Koodaideri iron ore in the Pilbara, Western Autralia, moves forward.
AUMUND China wins conveyor order for iron ore pelleting plant in Iran
An AUMUND conveyor is to be installed in a new pellet production plant in the Province of Khorasan Razavi in Iran.
Rio Tinto ships 5 billion t of iron ore from Australia
Rio Tinto reaches a historic milestone of shipping 5 billion t of iron ore from its operations in Western Australia’s Pilbara region.
K Line receives 250 000 DWT ore carrier
Construction of “CAPE HAYATOMO” 250 000 DWT VLOC has been completed by Namura Shipbuilding Co. and delivered to K Line.
Baosteel orders six SCHADE combined reclaimers
Baosteel Iron & Steel Co. places another order with SCHADE Lagertechnik for six combined portal stacker reclaimers in China.
Rio Tinto reports iron ore production in 1Q17
Rio Tinto has reported production results for the Pilbara iron ore operations for 1Q17 are 3% lower than the same quarter in 2016.
Chinese iron ore imports to drive dry bulk shipping demand
According to the latest forecast from BIMCO, China’s import of iron ore will be the key to driving dry bulk shipping demand in 2017.
MSI: dry bulk market springs a surprise but sweats on slower second half
The recovery of bulk carrier earnings has fired S&P activity, values and new orders but market faces an uncertain outlook for the balance of the year, according to MSI.
Navios Logistics inaugurates iron ore transhipment and storage facility
Navios South American Logistics Inc. has inaugurated its newly completed iron ore transhipment and storage facility in Uruguay.
DryShips acquires six vessels
DryShips Inc. enters into a US$226.4 million common stock purchase agreement with Kalani Investments Ltd and announces the acquisition of six vessels.