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iron ore australia

Dec 14, 2020·Port Hedlandis atown in Western Australia.Analysts said iron ore prices have climbed as demand from China rises, and have been further buoyed by dwindling supply and disruptions caused by storms...

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  • Iron Ore Geoscience Australia
    Iron Ore Geoscience Australia

    Dec 31, 2018· Australia is theworld's largest ironoreproducerbut its iron ore resources are also the largest in the world; thus the potential resource life of Australia's iron ore deposits is considerable (Table 5). It is important to stress that the reserve and resource lives discussed here apply to …

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  • Could China replace Australian iron ore with metal from
    Could China replace Australian iron ore with metal from

    Dec 03, 2020· For Australia, a lot is at stake. Exports of goods and services to China are about 7% ofAustralia’sgross domestic product, andiron oreis the single-biggest category, at …

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  • Why is everyone talking about the iron ore price The
    Why is everyone talking about the iron ore price The

    Dec 23, 2020·Australialikes selling Chinairon ore, as well as coal. A couple of days ago, Treasury was cheering about theiron oreprice as the mid-year economic and fiscal outlook approached.

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  • Iron ore in 2021 is looking like iron ore in 2020
    Iron ore in 2021 is looking like iron ore in 2020

    2 days ago · The fate of the market foriron ore — Australia’s most valuable export at $102bn in the 2019-2020 financial year — is squarely in the hands of its largest customer, China. As the world’s largest producer of steel at 1.1 billion tonnes in 2020, China consumes massive volumes ofiron ore, much of it shipped fromAustralia.

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  • Western Australia Iron Ore BHP
    Western Australia Iron Ore BHP

    Western Australia Iron Ore (WAIO) is an integrated system of four processing hubs and five mines connected by more than 1,000 kilometres of rail infrastructure and port facilities in the Pilbara region of northern Western Australia.

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  • Australia should put a levy on iron ore exports to China
    Australia should put a levy on iron ore exports to China

    Dec 14, 2020· 'To produce that much steel needs vast amounts of ironore. About 60 per centof China'siron orecomes fromAustraliaand 20 per cent from Brazil,' …

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  • China trade war Iron ore prices rise as sanctions help
    China trade war Iron ore prices rise as sanctions help

    Dec 14, 2020· Australia isthe world’s largest seller of iron ore and while any trade sanctions would likely send prices lower for its product, China would still need to buy iron ore from another country and this would see prices increase for those suppliers.

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  • Don't mentioniron ore China andAustraliadance around
    Don't mentioniron ore China andAustraliadance around

    Dec 01, 2020· Australia’s iron ore exports were worth A$102 billion ($75 billion) in the 2019-20 fiscal year, about 40% of the total value of all its commodity exports, official data shows.

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  • China's trade war withAustraliabackfiring withiron ore
    China's trade war withAustraliabackfiring withiron ore

    Dec 23, 2020·Iron orewas, by far,Australia's biggest export in 2019-20, with China buying $70billion worth of this commodity. China,Australia's biggest trading partner, bought $150billion worth of exports ...

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  • Iron Ore GeoscienceAustralia
    Iron Ore GeoscienceAustralia

    Dec 31, 2018· The Office of the Chief Economist reported Australia's iron ore 2018 exports at 835 Mt, a 1% increase on 2017 figures of 827 Mt 14. China, Japan and Korea remain major importers of Australia's iron ore products. The Office of the Chief Economist projects that iron ore exports will continue to increase, reaching 996 Mt in 2024-25 15. This increase will be supported by new and expansion …

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  • AustraliaSees HigherIron OreEarnings on China Fueled
    AustraliaSees HigherIron OreEarnings on China Fueled

    Dec 20, 2020· Iron ore seen averaging about $93/ton in 2020, peaking at $100/ton in 2021 before easing to about $76/ton in 2022. Forecasts refer to spot ore with …

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  • Iron orein 2021 is looking like iron orein 2020
    Iron orein 2021 is looking like iron orein 2020

    2 days ago · The fate of the market foriron ore — Australia’s most valuable export at $102bn in the 2019-2020 financial year — is squarely in the hands of its largest customer, China. As the world’s largest producer of steel at 1.1 billion tonnes in 2020, China consumes massive volumes ofiron ore, much of it shipped fromAustralia.

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  • As China AustraliaTies Worsen,Iron OreRemains Bulletproof
    As China AustraliaTies Worsen,Iron OreRemains Bulletproof

    With action against iron ore unlikely, Beijing’s ability to bring Australia to heel through economic coercion is being undermined, at least for now. For more articles like this, please visit us ...

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  • Why ASXiron orestocks are set to rally today
    Why ASXiron orestocks are set to rally today

    The futures market is pointing to a 0.6% jump in the S&P/ASX 200 Index (Index:^AXJO) at the open as risk taking fuelled another big jump in the iron ore price. The price of the steel making ingredient surged 5.8% to US$145.01 a tonne on Friday evening, reported the Australian Financial Review. Why iron ore prices are …

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  • AustraliaSees HigherIron OreEarnings on China Fueled
    AustraliaSees HigherIron OreEarnings on China Fueled

    Dec 20, 2020·Australiaupgraded its forecast for earnings from mining and energy exports in the 2021 financial year as boomingiron oreprices boost the coffers of the world’s top producer. Export sales are seen at A$279 billion ($212 billion) in the year to June 30, 2021, up about 9% on the previous forecast in September, the government’s Department of ...

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  • China's trade war withAustraliabackfiring withiron ore
    China's trade war withAustraliabackfiring withiron ore

    Dec 23, 2020·Iron orewas, by far,Australia's biggest export in 2019-20, with China buying $70billion worth of this commodity. China,Australia's biggest trading partner, bought $150billion worth of exports ...

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  • How China can still hurtAustraliaoveriron oreeven if
    How China can still hurtAustraliaoveriron oreeven if

    Dec 16, 2020· Australia's iron ore exports to China are still at risk with Beijing possibly devising a way of slapping nasty tariffs on this vital commodity used to make steel. Australia's biggest trading...

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  • Top fiveiron oreproducing countries fromAustraliato Russia
    Top fiveiron oreproducing countries fromAustraliato Russia

    Aug 27, 2020· More than 90% of the iron ore reserves are located in Western Australia, with Hamersley Province considered to possess a major chunk. As of 2019, Australia recorded 48 billion metric tonnes of crude iron ore out of which 23 billion metric tonnes bore iron content.

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  • China Australiarelations iron oreprice surges amid
    China Australiarelations iron oreprice surges amid

    Dec 09, 2020· The country’s iron ore trade with Australia has remained steady by value and volume this year, based on the latest customs data available up to October.The price of …

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  • Congo stripsAustralia's Sundance ofiron oreproject
    Congo stripsAustralia's Sundance ofiron oreproject

    The government of the Republic of Congo has stripped Australian mining firm Sundance Resources of its mining permit to develop the Mbalam-Nabebairon oreproject, which straddles the border of Cameroon and the Republic of Congo in central Africa.

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  • Iron Ore Today's Spot Price Charts Market Index
    Iron Ore Today's Spot Price Charts Market Index

    Australia is the world’s largest iron ore exporter (and 2nd largest producer) accounting for around a third of global production. Western Australia holds just over 90% of Australia’s identified iron ore resources and has a reputation for producing consistently high concentrations of around 60%.

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  • China tariffs offset by rising Australianiron oreprices
    China tariffs offset by rising Australianiron oreprices

    Dec 14, 2020· “Where China knows it is most at risk is iron ore,” Richardson said. “China is the world’s key customer, but Australia is the world’s key supplier. That’s why analysts have said China wouldn’t act...

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  • Iron orein 2021 is looking like iron orein 2020
    Iron orein 2021 is looking like iron orein 2020

    2 days ago · The fate of the market foriron ore — Australia’s most valuable export at $102bn in the 2019-2020 financial year — is squarely in the hands of its largest customer, China. As the world’s largest producer of steel at 1.1 billion tonnes in 2020, China consumes massive volumes ofiron ore, much of it shipped fromAustralia.

    Get Price
  • Why is everyone talking about theiron oreprice The
    Why is everyone talking about theiron oreprice The

    Dec 23, 2020·Australialikes selling Chinairon ore, as well as coal. A couple of days ago, Treasury was cheering about theiron oreprice as the mid-year economic and fiscal outlook approached.

    Get Price
  • Australia'siron oreminers cashing in, while
    Australia'siron oreminers cashing in, while

    Australia'siron oreminers are enjoying a $26 billion pre-Christmas windfall as prices for the steel-making necessity soar, but manufacturing is struggling with 84 per cent of members within the ...

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  • Iron OreRockets To $160 A Ton And China Cries Foul
    Iron OreRockets To $160 A Ton And China Cries Foul

    Dec 15, 2020·Australia’s challenge withiron oreis to focus on other, smaller, customers in case China imposes restrictions on imports, an unlikely event today given the shortage of supply but a possibility ...

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  • AustraliaSees HigherIron OreEarnings on China Fueled
    AustraliaSees HigherIron OreEarnings on China Fueled

    Dec 20, 2020·Australiaupgraded its forecast for earnings from mining and energy exports in the 2021 financial year as boomingiron oreprices boost the coffers of the world’s top producer. Export sales are seen at A$279 billion ($212 billion) in the year to June 30, 2021, up about 9% on the previous forecast in September, the government’s Department of ...

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  • China tot diversifyiron oresupply to cut reliance on
    China tot diversifyiron oresupply to cut reliance on

    Dec 15, 2020· China likely to diversifyiron oresupply to reduce reliance onAustralia, Brazil: Analyst China will most probably delve into West Africa's Guinea as an alternative source ofiron oreover time ...

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  • Why ASXiron orestocks are set to rally today
    Why ASXiron orestocks are set to rally today

    But theiron orerun may be more enduring than sceptics believe. Firstly, Vale SA’s production guidance downgrade for 2020 and 2021 clears the way higher for Australian producers.

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  • Congo stripsAustralia's Sundance ofiron oreproject
    Congo stripsAustralia's Sundance ofiron oreproject

    The government of the Republic of Congo has stripped Australian mining firm Sundance Resources of its mining permit to develop the Mbalam-Nabebairon oreproject, which straddles the border of Cameroon and the Republic of Congo in central Africa.

    Get Price
  • Iron Ore Today's Spot Price Charts Market Index
    Iron Ore Today's Spot Price Charts Market Index

    Australiais the world’s largestiron oreexporter (and 2nd largest producer) accounting for around a third of global production [1]. WesternAustraliaholds just over 90% ofAustralia’s identifiediron oreresources and has a reputation for producing consistently high concentrations of around 60%.

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  • What would happen if China stopped buying Australianiron ore
    What would happen if China stopped buying Australianiron ore

    Iron oreimports fromAustraliaare worth $85 billion annually, and so far, the agricultural imports hit by China’s tariffs and bans are worth just $6 billion, he said. “China would not be able to make up itsiron oreneeds from other sources.”

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  • China rattles its sabre, but still needs Aussieore Reuters
    China rattles its sabre, but still needs Aussieore Reuters

    Iron oreledAustralia’s export growth of 5.4% in October, when the world’s largest supplier ofiron orenotched up its 34th consecutive monthly trade surplus, latest official data shows.

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  • How shouldAustraliause itsiron oreleverage with China
    How shouldAustraliause itsiron oreleverage with China

    Dec 09, 2020· Via Sinocism:. As China-AustraliaTies Worsen,Iron OreRemains Bulletproof – Bloomberg. China has few alternatives as it seeks to stimulate its …

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  • Australia'siron oreexports swamp China's tariffs
    Australia'siron oreexports swamp China's tariffs

    Dec 16, 2020· Chinese tariffs have not been effective in dentingAustralia's export income yet, according to Westpac's chief economist Bill Evans, who said thatiron oreexports vastly overcompensate for tariff ...

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  • Australiaexpectsiron oreprices to stay above $100 per
    Australiaexpectsiron oreprices to stay above $100 per

    Dec 21, 2020·Australiaexpectsiron oreprices to stay above $100 per tonne until mid- 2021 before decreasing to $75 per tonne by the end of 2022. Its outlook for the next six months is supported by strong demand from China even as that from many other countries remains below 2019 levels, the country’s ...

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