— Brazil Sees 17% Drop in Iron Ore Price to $69.1 per Ton Following Two Months of Decline Brazil Iron Ore Export Price in June 2023. In June 2023, the iron ore price amounted to $69.1 per ton (FOB, Brazil), reducing by -16.9% against the previous month. Overall, the export price saw a noticeable reduction.

 — Mining giant Vale (NYSE:VALE) is having second thoughts about going ahead with its $4 billion Apolo iron ore project in southeast Brazil, which may be affected by the federal government's decision ...

 — Minas-Rio iron ore mine – $56.43bn. Minas-Rio, one of the ten biggest iron ore mines in the world, located in the state of Minas Gerais in south-eastern Brazil, is owned by the UK-based mining …

 — Excluding Vale (NYSE:VALE), close to 8 million tonnes of seaborne iron ore supply from Brazil is at risk in 2019, a report by Wood Mackenzie states.

 — Mining giant Vale (NYSE:VALE) is having second thoughts about going ahead with its $4 billion Apolo iron ore project in southeast Brazil, which may be affected by the federal government's decision ...

In times of water crisis and declining iron ore prices, the technique does not use a single drop of water, while traditional methods spend at least one thousand liters per ton of iron ore.

 — The Brazilian mining giant produced 89.7 million metric tonnes, topping the 87.2 million-tonne average analyst estimate.

 — Iron ore price sets fresh 5-and-a-half year high Tuesday, but the good times won't last, says the Australian government's chief economist. Australia predicts 50% drop in iron ore price by 2021 ...

 — Vale SA's giant iron ore mines are bouncing back quickly from several days of heavy rain in southern Brazil, with annual output guidance intact. But the deluge has brought back into focus a far ...

 — The mining sector accounts for 4% of Brazil's gross domestic product, with iron ore among the country's top exports. Vale is also a major producer of energy transition metals.

 — Iron ore prices are already up 8% in 2021 after customs data showed Chinese imports hitting a record high of 1.2 billion tonnes. Iron ore price hits fresh 9-and-half year high - MINING.COM

 — The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 1.03% higher at 834 yuan ($114.83) a metric ton.

 — In 2023, the iron ore price stood at 120.57 U.S. dollars per dry metric ton unit. As of May 2024, the monthly iron ore price sat at about 118.88 U.S. dollars per dry metric ton. It reached a peak ...

 — The Hidrovia that connects Paraguay, Brazil, Argentina, Uruguay and Bolivia is a key waterway linking soybean, beef and iron-ore producers in South America's hinterland with global markets.

 — Measured resources totalled 1238Mt at 42.2% Fe while indicated resources were 682Mt at 38.1% Fe, sufficient to support mining for 39 years. Iron ore mining. Itabiritic ore is excavated by bulldozers, loaded by front-end loaders into 177t-capacity trucks and taken to a crushing and screening plant in the blending yard.

 — The iron ore price jumped on Wednesday as heavy rains disrupted southeastern Brazil's iron ore industry, with Vale among the companies halting operations and regulators sent to monitor the ...

 — Operational problems and heavy rains are affecting iron ore shipments in Brazil.. Iron ore price rally has been supported by increasing steel demand. Iron ore exports to China from Port Hedland ...

 — Vitol Group is poaching iron ore traders from rivals Glencore Plc and Trafigura Group, as the world's biggest oil trader ramps up its efforts to expand into metals. Vitol has been in talks to ...

 — The Brazilian mining giant produced 89.7 million metric tonnes, topping the 87.2 million-tonne average analyst estimate.

 — We at Fitch Solutions are forecasting strong growth in Brazil's iron ore production of 10.6% y-o-y in 2021, with sustained growth of over 7% y-o-y in 2022 and …

Indeed, in 2021 Brazil exported 358 million tons (t) of iron ore with a total value of US$44.6 billion, while in 2022, the country exported 3.79% less iron ore, at 344.1 million t, but …

 — According to the study, iron ore mining will receive the largest share of the investments, reaching $17.28 billion until 2028, representing 26.8 percent of the total and an increase of 2.1 percent from the previous study.

 — Shares in Brazil's Vale, one of the world's largest iron ore suppliers, are up by almost a fifth since the start of 2021 and last month it posted a 600 per cent year-on-year jump in quarterly ...

 — Brazilian iron ore is also of better quality, as it has a higher iron content - around 60%. In 2021, Brazil exported 357.7 million tons of iron ore, compared to 341.6 million tons in the previous year. Iron ore …

 — Talon Metals has cranked up the resource estimate for its Trairão iron ore project in Brazil by 60%, the company said today, which puts the inferred resources at over a billion tonnes. Talon ...

 — Iron ore prices climbed back on Monday as China's steel output hit a record high ... "We forecast Brazil's iron ore production to increase at annual average rate of 5.9% over 2021 to ...

 — Brazil's iron ore exports are expected to grow at a CAGR of 1.82% between 2023 and 2027. Leading producers of iron ore in Brazil are Vale, Companhia Siderurgica Nacional, Anglo American and ArcelorMittal. During 2020-2021, Vale 's output was down …

 — The average realized price of Vale's iron ore fines stood at $100.70 per ton in the quarter, down from 15% from the previous three months due to lower futures prices.

Iron ore is the mineral of greatest value to Brazil's mining industry, representing 78% of total mining exports; $16.5 billion of a $22.5 billion industry in 2008. Over-reliance upon the …

 — Turning to iron ore exports and imports, the tonnages are summarized in Table 1.1 for 2012 and 2018 (Australian Department of Industry, Science, Energy and Resources, 2021; US Geological Survey, 2020; United National Conference on Trade and Development (UNCTAD), 2021).As shown in Fig. 1.3, China is the largest iron ore …