26
Oct
04:22
MinRes iron ore production up q-o-q in Q1
Australian miner Mineral Resources (MinRes) saw its quarterly iron ore production increase 8% quarter-on-quarter to 4.8 million wet metric tonne (wmt) in its first financial quarter ended 30 September, 2023, Kallanish notes.
The group says in a statement that its iron ore shipments of 3.9 million wmt were impacted by temporary haulage and port constraints. The average quarterly realised iron ore price was $99/dry metric tonne, 9% higher on-quarter.
During the q…
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Very good overview of the weekly steel market.
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