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At two billion tonnes in iron ore reserves and some of the highest grades in the industry (66% – 68% Fe, which attracts premium pricing), Simandou is one of the most easily exploitable iron ore ...
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Mining. Iron ore is present in the solutions that transform people's lives, contributing to the evolution of society. Today we are the largest producer of iron ore and nickel in the world, in addition to operating in other segments. ... Here at Vale, innovation and sustainability go hand in hand. We are committed to reaching zero net carbon ...
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With a capacity of 90 million tonnes, S11D is said to be the world's largest open-pit mine producing iron ore, a key ingredient used in the manufacturing of steel. ... but has reconsidered its stance to meet Chinese demand for S11D's ore. Vale has not yet submitted a formal request to the regulators to approve the expansion plan.
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• Vale's Q4 performance was marked by strong iron ore fines and nickel sales, up 24% and 30% q/q respectively, converting into sales the inventories formed in the previous quarter. • Iron ore production totaled 308 Mt in 2022, 2% lower y/y, mainly due to (i) licensing delays at Serra Norte; and (ii) jaspilite waste processing and ...
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Brazilian mining company Vale has reported net income attributable to its shareholders of $2.77bn for Q2 2024, almost tripling its profit from the prior year figure of $892m. ... Vale's iron ore shipments saw notable growth, increasing by 5.4 million tonnes (mt) from a year ago and by 16mt from Q1 2024. ...
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Baffinland Iron Mines in Nunavut Canada has the highest grade of Iron Ore in the world, 66-70 %, where 75% of it is Lump & 25% Fines product More News Fortescue, Fabrum commission Australia's ...
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Vale SA's next chief executive officer has been tasked with maximizing iron ore output to boost efficiencies at the Brazilian mining giant despite China's fading …
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North America United States Fire Lake North Champion Iron () 2,738.8 Proved Reserves: 23.7mnt; Mine Life: 19.6years; Expected Production: 9.3mnt/yr; The mine includes Fire Lake North, Don Lake,
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Iron Ore Mining concessions in Liberia namely Bomi, Bea, and Mano in 2011 however, the operations could not be started due to outbreak of Ebola epidemic. The R & R (reclamation and rehabilitation) potential of all the three concessions is currently estimated at 3.8 BnT (billion tonnes) with a possibility
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The steel and mining company first signed a 25-year deal with Liberia in 2005 and shipped the first iron-ore from its Yekepa mine in 2011. It had been aiming to expand output to 15-million tonnes ...
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Sesa Goa, a subsidiary of Vedanta Resources, on Saturday said it will buy 51% stake in an iron ore making firm in Liberia for $90 million in an all-cash deal.
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Liberia is endowed with an impressive stock of mineral reserves and has traditionally relied on mining, namely iron ore, gold, and diamonds, as a major source of income. The recent growth in the mining sector has the potential to contribute significantly to employment, income generation, and infrastructure development. However, the …
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A 27-page "private and confidential" deed of settlement has been ratified by the Liberian government that sets out the modalities of the withdrawal and transfer of mining licences to the benefit of ArcelorMittal.The fruit of closed door negotiations between the global steel giant and the government, it confirms ArcelorMittal's acquisition of …
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The World Bank is said to be mulling a $135 million investment in the proposed Nimba iron ore mine in southeastern Guinea, which is owned by Canada's High Power Exploration (HPX), a privately ...
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Anglo American CEO Duncan Wanblad said: "The opportunity to partner with Vale to secure a high-quality iron ore resource of this scale and quality, right next door to Minas-Rio, is compelling – particularly given all the physical synergies of our mining and processing infrastructure to create a single optimised operation, combined with the ...
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The pre-feasibility study estimated total project development costs at $2.77 billion and direct capital costs for rail and port development in Liberia at more than $600 million, it said.
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Shipment of iron ore from the Nimba mine "The deposit is hosted by a detrital iron mineralisation known as 'canga'." West African Exploration signed a 25-year Infrastructure Development Agreement with the Government of Liberia in January 2015, for the export of iron ore from the Nimba mine through Liberia.
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2.37 billion tons graded at 34.1% iron STATUS Exploration PRE-FEASIBILITY STUDY Mid-2012 CONSTRUCTION SCHEDULED 2017 Putu Iron Ore Project, Liberia Putu iron ore project is part of a 425 square kilometre exploration tenement located in south-east Liberia. The mine includes a 12km ridge of banded iron formation which consists of haematite …
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October 2012 – Vale says it is putting its Simandou project on hold, blaming falling iron ore prices. In the same month, the Guinean mining committee writes to BSGR detailing bribery allegations.
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Vale S.A.'s share price has dropped 30% YTD due to declining iron ore prices and a prolonged CEO succession battle. New CEO Gustavo Pimenta's …
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One of our biggest commitments is to the Amazon rainforest, where we have been helping to preserve around 800,000 hectares for 30 years. In cultural terms, we support projects spread throughout Brazil through the …
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With the MDA amendment coming into effect, ArcelorMittal Liberia will significantly ramp up production of premium iron ore, generating significant new jobs and …
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The Mining Sector has been the mainstay of the Liberian economy, with iron ore leading the way. Revenues from iron ore accounted for nearly half of the country's earnings prior to 1990. Since 2006 to date, the sector has attracted billions of dollars in investments from key players including ArcelorMittal, Bea Mountain, China Union, Liberty ...
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According to Vale, S11's mineral potential is 10 billion tons of iron ore, and blocks C and D together have reserves of 4.24 billion metric tons. The first geological surveys in the region ...
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Vale SA VALE, one of the world's largest mining companies, has unanimously selected its Chief Financial Officer, Gustavo Pimenta, as the new CEO, succeeding …
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Vale was once the world's top iron ore supplier, but lost that title to Rio Tinto Group following a 2019 mining disaster that forced the company to halt production at many of its mines in ...
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ArcelorMittal, the world's largest steel and mining company, today commenced commercial iron ore production from its mining operations in Liberia.
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The company estimated that the total investments in the project will be around $14.3bn. It will invest $6.4bn in the mine and plant, while the remaining $7.9bn will be used in building a 101km railway branch line, double-tracking the Carajás Railway and expanding Ponta da Madeira Maritime Terminal in São Luís.
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Guinea's government has approved a multi-national group's plan to build a railroad and deep-water port to export output from the massive Simandou iron ore deposit to key markets including ...
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Mining. Iron ore is present in the solutions that transform people's lives, contributing to the evolution of society. Today we are the largest producer of iron ore and nickel in the world, in addition to operating in other segments. ... imprensa@vale Guilherme Scarance (Gerente de Relacionamento com a Imprensa, Mídias Digitais, …
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