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Iron Ore News
BHP CEO Defends Iron Ore Strategy
The CEO of BHP Billion (ASX:BHP) said the company's strategy of high-volume iron ore production is the best way to make a profit in less than desirable market climes.Continue reading...
Odisha Sees Iron Ore Output Falling 23 Percent
Odisha, India's largest iron ore producing state, expects production to fall 23 percent to 60 million tonnes due to court shutdowns of mines.Continue reading...
Champion Iron Partners Up to Advance Rail Feasibility
Champion Iron Limited (TSX:CIA) announced that the Government of Québec and Lac Otelnuk Mining Ltd., a joint venture between Adriana Resources ("Adriana") and WISCO International Resources Development & Investment Limited, have formed a partnership for the advancement of a feasibility study for a new rail line in the Labrador Trough. The partnership is called "La Société ferroviaire du Nord québécois," or the SFNQ.Continue reading...
Mexico’s War on Drugs Weighing on Iron-Ore Trade with China
Mexico's exports of iron ore have dropped as authorities crackdown on iron ore shipments to China which have links to drug cartels.Continue reading...
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