The 450-kilometer (280-mile) track will link the southwestern town of Mayoko to a port at Pointe Noire.
Iron Ore Mining News
Despite mining contributing about 6 per cent of the country's GDP, a study revealed that almost six out of 10 of young Australians know nothing at all about mining careers.
European leaders sought unity on Wednesday toward threatened U.S. import tariffs on steel and aluminium, balancing the views of those most fearful of a trade war and those determined not to be bullied into concessions.
Australian law firm Phi Finney McDonald alleges BHP knew the dam was at imminent risk of breaking but did not tell markets.
Chief executive Jean Sebastien-Jacques said the challenge for the industry is to ensure the benefits from the past frugal years are not lost against a backdrop of rising oil prices and increased political risk.
BHP shares rose nearly 2 percent, hitting their highest in about 45 months.
The price of steelmaking raw materials in China rose for a second session on Monday on optimism that steel mills will replenish stockpiles as steel production increases and as iron ore inventories at ports decline.
Alcoa and Rio Tinto announced the launching of Elysis, a joint venture company whose goal is to push towards commercial production a newly discovered, carbon-free aluminum smelting process.
BHP forecasts reforms in China’s steel sector will continue to hand an advantage to suppliers of higher-quality iron ore and coking coal as consumption of the alloy keeps growing well into the next decade.
Utilisation rate at mills climb back to November level.
China to allow foreign investors in iron ore futures from Friday.
CRU’s independent study shows that Black Iron’s projected operating and construction capital costs position the company well in the global iron ore market.
Driverless trucks at the same iron ore operations already haul over a quarter of both ore and waste material.
Aluminum remains in focus almost a month after the U.S. introduced sanctions against United Co. Rusal, then eased off.
Antofagasta’s First Environmental Tribunal decided to reverse a decision that forbade the Dominga copper and iron ore project from going forward.
The comments came a day after Vale reported a first-quarter slide in profit of 36 percent on higher costs and lower iron ore prices.
The world's largest iron ore producer posted a 36 percent slump in first-quarter profit compared to the same quarter a year earlier.
The council endorsed a plea introduced by mining workers against a ruling by the Cundinamarca Administrative Court.
Kumba Iron Ore reported a 4 per cent increase in overall production in the first quarter that ended March 31, 2018.
The machinery manufacturer logged earnings of $2.82 per share on revenue of $12.9 billion, surpassing expectations.
The announcement is the last of a string of difficulties Anglo has faced with the iron ore mine, which was expected to produce 16 million tonnes this year, but that will now generate just 3 million tonnes.
The iron ore producer reported a 2 percent fall in third-quarter iron ore shipments on reduced demand in China.
China already actively seeking opportunities.
The miner cut its fiscal 2018 production guidance to between 272-274 million tonnes of iron ore from 275-280 million tonnes.
They are seeking to obtain 30 more days to finish details of the plan.