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Rio Tinto Officially Opens Silvergrass Iron Ore Mine_SMM ...

2017-8-31 · SHANGHAI, Aug. 31 (SMM) – Rio Tinto officially opened its Silvergrass iron ore mine in Western Australia, the company said on its website on August 30. The mine will produce high-quality and low-cost ore used to maintain the world-class premium Pilbara Blend product, Rio Tinto chief executive J …

Rio Tinto doubles Silvergrass iron ore capacity to 20mtpy ...

2016-11-24 · Rio Tinto is raising the capacity of its Silvergrass iron ore project to up to 20 million tpy from a previously announced 10 million tpy, amid its efforts to lift productivity across its assets to generate more cash. The project in Western Australia''s Pilbara region, with a capital intensity of $29 per tonne and an internal rate of return of ...

Rio Tinto to spend $338 million on WA''s Silvergrass iron ...

2016-8-3 · RESHUFFLE: Rio sacks iron ore boss Andrew Harding '' MINING giant Rio Tinto will invest $338 million to complete the development of the Silvergrass mine at its Pilbara iron ore …

Rio Tinto officially opens Silvergrass iron ore mine

2017-8-31 · Australia-based miner Rio Tinto has announced that it has officially opened its Silvergrass iron ore mine in Western Australia. The Silvergrass mine, with an investment of $338 million, is the 16th mine at Rio Tinto''s iron ore operations and will produce low-phosphorous ore crucial to maintaining Rio Tinto''s premium Pilbara Blend product.

Rio Tinto opens $338m Silvergrass iron ore mine in …

2017-8-29 · Rio Tinto has opened its $338m Silvergrass iron ore mine in the Pilbara region of Western Australia, with full-scale commissioning expected to take place by the year-end. The project is the company''s 16th mine in the region and is expected to produce low-phosphorous ore…

Iron ore price plunge ''very concerning'' but McGowan says ...

2021-9-21 · The iron ore price has halved in the past six weeks, and is set to dip even lower according to some industry commentators, but the West Australian government says there is no need for panic.

Dow Today

2021-7-26 · Iron ore futures in Singapore hit a record above $226 a tonne, while contracts in Dalian rose from the restriction to the market opening. Copper, regarded as a barometer of the global economy''s fitness, rose 3. 2% to a record $10,747. 50 a tonne on the …

Iron Ore

2015-10-9 · India will cut the export tax on low-grade iron ore to 10 percent from 30 percent, Finance Minister Arun Jaitley said on Thursday, a move that will boost shipments of the steelmaking raw material from Goa. Apr 30, 2015, 18:09 PM IST.

Rio Tinto to invest $338 million in Silvergrass iron ore mine

2016-8-2 · (Reuters) - Rio Tinto Plc/Ltd said on Tuesday it would invest $338 million (£255.27 million) to complete the development of its Silvergrass iron ore mine in Western Australia. The company, which ...

Rio Tinto Adding Silvergrass Iron Ore to Nammuldi ...

2020-4-8 · The Silvergrass project will mine a satellite deposit adjacent to Rio Tinto''s Nammuldi mine 70 km northwest of Tom Price, WA. Ore from Silvergrass will be transported to the Nammuldi processing plant over a 9-km-long conveyor, contributing …

Iron ore price stable while China prepares for ''possible ...

2021-9-23 · Iron ore price stable while China prepares for ''possible storm''. The officials said local-level government agencies and state-owned enterprises have been instructed to step in only at the last minute should Evergrande fail to manage its affairs in an orderly fashion, the WSJ reported. China''s second-biggest property developer has $83.5 ...

Meltdown in iron ore markets

2021-9-26 · Meltdown in iron ore markets September 26, [email protected]:50 PM; As Margins Begin To Slide, Will Corporations Choose To Defend Profits Or Absorb Transitory Shocks September 26, [email protected]:30 PM; Hedge Fund CIO On China''s Crypto Crackdown: Beijing Is Desperate To Ensure Successful Rollout Of Their Digital Yuan September 26, [email protected]:00 PM

Iron Ore Prices Slump to Multiyear Lows | E & MJ

2020-4-8 · Seaborne iron ore prices hit a five-year low Wednesday, with the Platts 62% Fe Iron Ore Index (IODEX) falling $0.75 day-over-day to $88 per dry metric ton (dmt) Cost and Freight (CFR) North China. The last time the 62% Fe IODEX was lower was July 21, 2009, when it was assessed at $87.50/dmt CFR North China, according to Platts Metals.

Iron Ore Storms Past $100 as China Soothes Evergrande ...

Iron Ore Storms Past $100 as China Soothes Evergrande Concerns. (Bloomberg) — Iron ore''s roller-coaster ride in 2021 shows no signs of easing, with prices ending an unprecedented slump to move sharply higher as investors monitor simmering debt troubles at China Evergrande Group. The developer''s onshore property unit said it reached an ...

Rio Tinto''s US$338 million Silvergrass iron ore mine ...

2017-8-30 · Rio Tinto today officially opened its Silvergrass iron ore mine in Western Australia. The US$338 million project is the 16th mine at Rio Tinto''s world-class iron ore operations and will produce low-phosphorous ore crucial to maintaining Rio Tinto''s premium Pilbara Blend product.

Ferrous Breaking News | Mysteel Global

FLASH: CHINA''S JAN-AUG IRON ORE IMPORTS DIP 1.7% Sep 07, 2021. Over January-August, China''s iron ore imports declined 1.7% on year to 746.5 million tonnes, according to the statistics released by the country''s General Administration of Customs on September 7. A detailed report will be posted. FLASH: CHINA''S JAN-AUG FOREIGN TRADE UP 23.7% Sep 07 ...

The Evergrande crisis could cause chaos in commodity ...

2021-9-23 · Iron ore, copper, and other commodities may be further hammered following news of the crisis at Chinese developer Evergrande. Markets across the globe fell sharply Monday as Evergrande, one of the biggest property developers in the country, Evergrande threatened to default on loans worth U.S. $300 billion.

Silvergrass adds 10mtpa to Rio''s iron ore operation

2017-9-1 · Silvergrass is a satellite deposit located adjacent to Rio Tinto''s Nammulti mine, roughly 200 kilometres from the Port of Dampier, where the miner exports its iron ore. The US$338 million project represents the first major iron ore mine to open in WA since …

Iron ore storms past $100 as China soothes Evergrande ...

2021-9-22 · Iron ore''s roller-coaster ride in 2021 shows no signs of easing, with prices ending an unprecedented slump to move sharply higher as investors monitor simmering debt troubles at China Evergrande Group.

"The price of iron is suspended on questions surrounding ...

2021-9-25 · A ton of iron ore was trading at its highest, at $ 230 (€ 196), on the Singapore futures market. And clinched a historic record. But, little by little, the Evergrande soap opera occupied people''s minds. The financial woes of the Chinese group gave investors a hard time, and the price of iron ore was rolled.

Rio Tinto''s Silvergrass iron ore mine to begin production ...

2017-6-15 · Construction at the Silvergrass project, which will be Rio''s 16th iron ore mine in the Pilbara region, has been ramping up since January, and the $338 million development is expected to create about 1000 jobs until is fully built, a Brazilian news outlet reported. Silvergrass is a satellite deposit located adjacent to Rio Tinto''s Nammuldi ...

Rio Tinto to invest $338 million in Silvergrass iron ore mine

2016-8-2 · The company, which aims to produce about 350 million tonnes of iron ore this year, said the mine would add about 10 million tonnes of capacity. A massive global supply glut has dragged prices of iron ore to record lows, with producers such as Rio Tinto and BHP Billiton Plc/Ltd (BHP.AX) (BLT.L) slow to cut production in order to stem supply. The Silvergrass mine is part of Rio Tinto''s Pilbara ...

Rio Tinto''s US$338 million Silvergrass iron ore mine ...

2020-10-18 · Rio Tinto''s US$338 million Silvergrass iron ore mine officially open . 0 7 September 2017. Rio Tinto today officially opened its Silvergrass iron ore mine in Western Australia.. The US$338 million project is the 16th mine at Rio Tinto''s world-class iron ore operations and will produce low-phosphorous ore crucial to maintaining Rio Tinto''s premium Pilbara Blend product.

Rio Tinto opens $US338 million Silvergrass iron ore mine ...

2017-8-31 · The project is the 16th mine at Rio Tinto''s iron ore operations and will produce low-phosphorous ore crucial to maintaining Rio Tinto''s premium Pilbara Blend product.

Rio Tinto to invest $338 million in Silvergrass iron ore mine

2016-8-2 · (Reuters) - Rio Tinto Plc/Ltd said on Tuesday it would invest $338 million (£255.27 million) to complete the development of its Silvergrass iron ore mine in Western Australia. The company, which aims to produce about 350 million tonnes of iron ore this year, said the mine would add about 10 million tonnes of capacity. A massive global supply glut has dragged prices of iron ore to record lows ...

Rio Tinto''s US$338 million Silvergrass iron ore mine ...

2017-8-30 · Rio Tinto today officially opened its Silvergrass iron ore mine in Western Australia. The US$338 million project is the 16th mine at Rio Tinto''s world-class iron ore operations and will produce low-phosphorous ore crucial to maintaining Rio Tinto''s premium Pilbara Blend product. Rio Tinto chief executive J-S Jacques said "Silvergrass is a ...

Rio Tinto postpones Silvergrass iron ore mine decision

2014-11-28 · Rio Tinto postpones Silvergrass iron ore mine decision Friday, 28 November 2014 12:20:12 (GMT+3) | Istanbul Australian miner Rio Tinto has announced that it has postponed the investment decision on its proposed billion-dollar greenfield Silvergrass iron ore mine …

Australia''s Rio Tinto opens new Silvergrass iron ore mine ...

2017-8-30 · Rio Tinto on Wednesday formally opened its Silvergrass iron ore mine in Western Australia.

Rio Tinto''s Silvergrass iron ore mine to begin production ...

2017-6-13 · Construction at the Silvergrass project, which will be Rio''s 16th iron ore mine in the Pilbara region, has been ramping up since January, and the $338 million development is expected to create ...