Ore plan for Eden port

Global iron ore shipments rose in Q1 2024 but with Chinese steel production weaker than expected, future shipments may decline due to oversupply.

Total shipments from Australia and Brazil – significant iron ore suppliers – decreased by 12.5% week-on-week to 22.08 million tons for the week ending March 18.

Designing and installing new equipment might grab the headlines. But just as important for manufacturers is regular maintenance and inspection of systems.

As a result of the plan, Rio Tinto now expects to begin production one year earlier than planned on its side of the project, in October 2025.

Rio Tinto has approved a US$77 million pre-feasibility study (PFS) of the Rhodes Ridge project, said to be one of the world’s best undeveloped iron ore deposits, in the East Pilbara, Western Australia.

Geometric innovations and space-saving designs are making covered storage more productive.