BEIJING, Oct. 16, 2024 /PRNewswire/ -- EACON Mining has recently secured its first iron ore project by partnering with Xichang Mining, a BAOWU company, to automate operations at the Taihe Iron Mine, which marks a significant step for EACON as it expands its footprint from coal, aggregate, and gold mining into the iron ore sector.
Iron ore futures are still up almost a fifth from late-September on optimism that Beijing's earlier moves to boost the economy would end a period of deep gloom for China's steel industry.
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The world's two biggest suppliers of iron ore, Rio Tinto Group and Vale SA, raised output of the steelmaking material last quarter, even as demand from China faces headwinds due to the nation ...
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Iron ore rose 0.2% to $105.25 a ton in Singapore as of 3:04 p.m. local time, after falling 5% on Tuesday, China's first day back from a week-long public holiday. Copper was up 0.2% at $9,765 a ...
BEIJING, Oct. 15, 2024 /PRNewswire/ -- EACON Mining has recently secured its first iron ore project by partnering with Xichang Mining, a BAOWU company, to automate operations at the Taihe Iron ...
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In August 2024, approximately 73.64 million metric tons of crude iron ore was extracted in China. Iron ore mining in China As the world's largest iron ore importing country since 2014, China's ...
BHP bets on China stimulus boost for iron ore. A day after Rio Tinto raised doubts about the property market remaining a key plank of Chinese economic growth, BHP boss Mike Henry is more optimistic.
