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     · Brazilian miner Vale SA will be able to resume operations at its Timbopeba iron ore dry processing plant in up to two months thanks to the use of an unmanned train, the company said in a statement on Wednesday. With the train, Timbopeba will be able to operate at least at 80% of its capacity of 33,000 tonnes of iron ore "fines" per day, the statement said.

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    Iron ore. Iron ore prices (62 per cent, CFR, Platts) have been strong, ranging between $100/dmt and $177/dmt over the first half of financial year 2021, averaging around $126/dmt. China''s V–shaped recovery and spectacular pig iron run–rates have led to consistently strong port outflow.

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  • Global Iron Ore Industry

     · Table 5: Iron Ore Pricing Scenario (2006-2017): Historic and Recent Past Average Prices of Iron Ore in US$ per Dry Metric Ton (includes corresponding Graph/Chart) Global Iron Ore …

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     · Amid the COVID-19 crisis, the global market for Iron Ore estimated at 2.1 Billion Metric Tons in the year 2020, is projected to reach a revised size of …

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     · Overall, China''s robust import demand for iron ore is the primary driver of global dry bulk trade growth. China''s industrial activities and manufacturing improved greatly in 2017.

  • Major Mines & Projects | Pena Colorada Mine

    Peña Colorada is a mining company that produces about 30 percent of the iron ore in Mexico. This project generates about 1,200 direct jobs and 3,000 indirect jobs, making a significant contribution to the local economy. Peña Colorada''s operations consist of an open pit mine located in Minatitlán and a pellet plant located in the port city ...

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    Brazilian miner Vale SA will be able to resume operations at its Timbopeba iron ore dry processing plant in up to two months thanks to the use of an unmanned train, the company said in a statement ...

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     · Rio, the world''s top producer of iron ore, said the average realised price for the commodity nearly doubled to $168.40 per dry metric tonne free on board from a year earlier. The price jump helped drive the miner''s underlying earnings to $12.17 billion from $4.75 billion a year earlier, beating a consensus of $12.01 billion from 14 analysts ...

  • Global Iron Ore Industry

     · II-7 Iron Ore Prices Stumble in 2014 & 2015 II-7 Table 5: Iron Ore Pricing Scenario (2006-2015): Historic and Recent Past Average Prices of Iron Ore in US$ per Dry Metric Ton (includes ...

  • Mexico''s Main Iron Ore Mines

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    The Las Truchas mine is an integrated iron ore operation. It began operating in 1976 as a government enterprise (Sicartsa), and its mining activities consist of an open pit mine exploitation, crushing, dry cobbing preconcentrate and concentration plant.

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     · It needed $40M in working capital financing. It wanted to be confident in an iron ore price above $110/dry Mt CFR China. It also said it needed to be confident that it can achieve cash costs of $65 per ton or less. With iron ore prices at around $150/dry Mt CFR China, that isn''t a major concern for Labrador Iron Mines right now.