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We are a leading North American producer and exporter of premium iron ore pellets and high-grade concentrate. Our operations include a mine with five operational pits, a concentrator and a pelletizing plant located near Labrador City and the wholly-owned 418 km railroad, the Quebec North Shore and Labrador Railway (QNS&L), that links our …
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Iron ore is regarded as the second most important commodity behind oil. As an essential input for the production of crude steel, iron ore feeds the world's largest trillion-dollar-a-year metal market and is the backbone of global infrastructure.
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The Hamersley Basin mining area lies in the Pilbara region of north-west Western Australia, 1,100km north of Perth. Through its wholly owned subsidiary, Hamersley Iron Pty, Rio Tinto operates five major producing mines in this area: Mount Tom Price, Marandoo, Brockman, Paraburdoo and Yandicoogina, while the company is in a 60/40% …
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Mining projects in Africa, particularly those in the iron-ore sector, require deep pockets, lengthy feasibility studies and complementary infrastructure assets, such as efficient logistics channels, to get products from mine to markets.
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Most iron ore mining takes place in surface or open-pit mines. Usually, heavy machinery removes the top layer of the ground over a wide area and exposes the iron ores. ... Many analysts agree that demand from China ultimately determines iron ore prices. One analyst sees the country's insatiable demand for the commodity in steel …
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Iron ore prices fluctuate throughout the day. By assessing at a specific time, Platts assessment process is designed to provide a clear and consistent price assessment. What is Market on Close? MOC is a structured price assessment system designed to yield a price assessment reflective of market values at the close of the typical trading day.
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