Global iron ore shipments increased 3.8% Y/Y, according to BIMCO
NewsGlobal iron ore shipments rose in Q1 2024 but with Chinese steel production weaker than expected, future shipments may decline due to oversupply.
Swedish iron ore miner LKAB is investing €4.3M in pilot plants for production of phosphorus and rare earth metals as part of a pre-feasibility study to define a process that enables recycling of mine waste.
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