New official data from China is reportedly revealing that iron ore imports in the country have been up this year through October, and in that month alone jumped 4.48% year-over-year on rises in steel margins.
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An accident at state-owned Guizhou Panjiang’s coal mine in Panzhou city in southwestern China on 24 September has left 16 dead, according to multiple media outlets. Read the full story here.
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BHP recently celebrated the shipment of 3 billion tonnes of high-quality iron ore to China by hosting key customer representatives at its Pilbara and Port Hedland operations in Western Australia, and at a gala event in Perth. Read the full story here.
Read MoreA reported 116 non-coal mines in the northeastern province of Liaoning, China, have been ordered to suspend operations and thousands have been evacuated from the area amid flooding that began over last weekend and was expected to continue this week. Full Story.
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Metso Outotec has announced an expansion to its filter assembly plant in Suzhou, China, citing a rise in global market demand. Full story.
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In an attempt to control fast rising prices and ensure market stability, China has begun creating a centralised platform for all purchases of iron ore, reported Bloomberg. View full article from The Asia Miner.
Read MoreChina is doubling down on its promise to maintain its foothold in rare earths, setting the first batch of its rare earth mining output quota for 2022 at 100,800 tonnes, up 20% year-on-year. Read full article from The Asia Miner.
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