· Mongolia to 'carefully review' financing offer from Rio Tinto. Officials warn Oyu Tolgoi expansion talks could take several years. Rio .

Iron ore output in Mongolia, 201118 (million tons) 15. Table : Valueaddition options for iron ore. 15: Table . Valueaddition options for steelmaking: 16. Table : Quality of Mongolia's roads, by type of road surface (kilometers) 2018. 37: Table . Characteristics of the TransMongolian Railway: 39. Table : Overview of ...

 · Iron ore is the primary raw material used to make steel. Steel is strong, longlasting and costefficient – making it perfect for everything from washing machines to cars, bridges and skyscrapers. According to the World Steel Association, steel is the most commonly used alloy in the world. Global steel consumption is forecast to grow by 1%2% ...

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 · The fallout has been wideranging. After the iron ore boom delivered record dividends to the world's top miners, BHP Group and Rio Tinto Group have since slumped as prices declined. Miners' shares have shed about 109 billion in value since late July. So far, iron ore has averaged about US178 a ton this year, according to Mysteel Global ...

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 · China received more metallurgical coal from neighboring Mongolia in September than from its oncekey supplier Australia, amid escalating tensions between Beijing and Canberra. Coal exports from Mongolia, which borders China to the north, surged by 17 percent to million tons last month, Global Times reported, citing data from the Mongolian General Administration of Customs.

 · Over the last month, the consensus earnings estimate for the fiscal year ending December 31, 2021, has increased % from per share to .

 · Mongolia is quickly becoming a hub of international trade and investment. According to the 2020 World Investment Report published by the United Nations Conference on Trade and Development, foreign ...

There's no respite for iron ore. Nor should there be. The glut means the price needs to fall to the highest marginal cost producer somewhere around 80, at best. The more interesting story today ...

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 · Iron ore prices fell sharply towards the end of July on demand concerns in China. CBA reports that Chinese policymakers are looking to constrain steel output growth to reduce emissions. The Chinese Government may be quietly satisfied after sentiment around steel production cuts finally knocked down the iron ore price, hammering it 7% to a tick over US180/t on Friday.

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The ferrous complex dead bounced on August 20, 2021 with spot and paper up. Steel has not updated. Westpac says it better than I can in a new note: Iron ore – are we there yet? Back in ...