Canadian miner Baffinland Iron Mines has entered a memorandum of understanding (MoU) with thyssenkrupp Steel Europe AG to expedite the development of high-quality feedstock for green and low-carbon steel production.
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NCC confirmed it was commissioned by LKAB for the raising of dam walls at its site in Kiruna, Sweden for long-term ore tailings storage. Under the SEK 170 million (US$15.9 million) deal, NCC will raise walls on two sections of the tailings dam at the Kiruna mine’s industrial site in 2023 and 2024. The contract includes foundation work on the…
Read MoreRio Tinto has reportedly restarted rail line operations in Western Australia after an iron ore train derailed the weekend of June 24. Full story.
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Rio Tinto said it will invest US$395 million in a desalination plant in Western Australia to support future water supply for the company’s coastal operations and communities in the Pilbara region. Read more.
Read MoreBHP’s remote operations have hit a milestone, with BHP WA Iron Ore (WAIO) marking 10 years of working from its Integrated Remote Operations Centre (IROC) in Perth, Western Australia.
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State-owned Saudi Arabian Mining Co. (Ma’aden) has agreed to form a joint venture with the kingdom’s sovereign wealth fund to invest in mining assets globally, reported Reuters. Ma’aden will own 51% in the venture while the Public Investment Fund will own 49%, the company said in a regulatory filing. The miner said the new venture’s strategy “will initially be to…
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Metso Outotec is launching Optimus Sinter, a digital optimizer for iron ore sintering plants. The new tool facilitates improved sinter plant process performance and stability by holistically optimizing the overall sintering processes. Optimus Sinter is one of Metso Outotec’s leading-edge digital solutions to ensure the optimal operation and maintenance of iron ore sintering plants. A sophisticated thermodynamic model forms the…
Read MoreAustralian specialty engineer Duratec has been selected for a A$48 million wharf remediation works contract for BHP WA Iron Ore. Full article.
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Anglo American’s Kumba Iron Ore arm has publicly confirmed a force majeure from South African rail and port services company Transnet SOC due to a strike action by its unions. The miner said it was notified on 7 October, and the interruption is expected to impact its production to the tune of about 50,000 tonnes per day for the first…
Read MoreRio Tinto’s Guinea subsidiary has formed an infrastructure joint venture with Winning Consortium Simandou (WCS) and the Guinean government to further progress on the undeveloped Simandou iron ore project in Nzérékoré. “The incorporation of La Compagnie du TransGuinéen with our partners underscores the importance of the Simandou resource in today’s decarbonizing world, and its development will complement Rio Tinto’s strong…
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