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.
CZR Resources, which last December struck a deal with fellow miner Strike Resources and shipping company CSL Australia to develop an iron ore export facility at Western Australia’s (WA) port of Ashburton, has now gained approval for the mining of two key Pilbara deposits.
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