Every year, the world consumes around 50 billion tonnes of sand, gravel and crushed stone. The astonishing scale of this demand is hard to comprehend—12.5 million Olympic sized swimming pools per year ...
(Bloomberg) -- The world’s biggest miners, having cashed in on China’s once-rampant demand for iron ore, are starting to reel from the impact of their main customer’s economic struggles.
Rio Tinto , said on Thursday it will invest $1.8 billion to develop its Brockman Syncline 1 iron ore project in the Pilbara ...
Iron ore futures prices on China's Dalian Commodity Exchange have shown an upward trend, indicating a potential recovery in the market. China's economic conditions, including infrastructure ...
Investors are preparing for a new era of slumping profits and hefty dividend cuts by the world’s largest miners as iron ore markets brace for a flood of supply to trigger a collapse in prices.
The result is unsurprising, as the iron ore market has been going through a challenging period. Still, CEO Mike Henry acknowledged the firm's strength in this part of the market cycle. Iron ore ...
These methods could also make sand. Aussie Family Living/Shutterstock More from ore This isn't just theory. At the iron ore mine Brucutu in Brazil, the mining company Vale is already producing one ...
Every year, the world consumes around 50 billion tonnes of sand, gravel and crushed stone. The astonishing scale of this demand is hard to comprehend – 12.5 million Olympic sized swimming pools ...