Iron ore price rally is over, prices to follow multi-year downtrend — report

In the longer term, Fitch forecasts prices to decline from an average $155 a tonne in 2021 to $65 a tonne by 2025 and $52 a tonne by 2030.

MINING.com Editor | November 11, 2021 | 6:00 am

The View from England: Fuse lit for American ironworkers

The average American born in 2021 will each need almost 3 million pounds of minerals, metals and fuels in their lifetime.

Chris Hinde- The Northern Miner | November 10, 2021 | 1:09 pm

Guinea’s Nimba iron ore project seen as viable, but export concerns remain

The pre-feasibility study estimated total project development costs at $2.77 billion and direct capital costs for rail and port development in Liberia at more than $600 million.

Reuters | November 10, 2021 | 1:08 pm

Dalian iron ore price hits 1-year low on demand worries

"(China's steel) production restrictions have suppressed expectations for winter storage and replenishment."

MINING.COM Staff Writer | November 10, 2021 | 9:26 am

Anglo American to invest $800 million in Brazil by 2025

Most of the investment will go to its giant Minas Rio iron ore mine, located in the mineral-rich state of Minas Gerais.

Cecilia Jamasmie | November 10, 2021 | 8:10 am

Chinese-owned steel mill coats Serbian town in red dust; cancer spreads

A municipality of around 100,000 people reported 6,866 cancer cases in 2019, up from 1,738 in 2011.

Reuters | November 9, 2021 | 7:43 am

Metals sector’s recovery to continue through 2022 — report

According to S&P Global Market Intelligence, the metals sector is set to continue its rebound from the effects of the covid-19 pandemic through 2022.

MINING.COM Staff Writer | November 9, 2021 | 6:06 am

Premium iron ore’s outperformance is a bearish signal

Overall, there is little to suggest that China’s iron ore demand will stage a recovery in the coming months, writes Clyde Russell.

Reuters | November 8, 2021 | 9:59 pm

Iron ore price drops 7% as rout continues

"We expect iron ore prices to find a floor around current levels," says ANZ Research.

MINING.COM Staff Writer | November 5, 2021 | 9:26 am

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