No 1 source of global mining news and opinion
IOC operates a mine, concentrator and a pelletizing plant in Newfoundland and Labrador, as well as port facilities and a railroad. , in which Rio has a 60% interest, is now expected to reach 9.3 million tonnes to 9.8 million tonnes, down from the 10 to 11 million tonnes Rio Tinto set in July.
Rio Tinto noted that shipments may remain disrupted until year-end, as repairs are carried out on the sections of the rail line that were damaged by the fires.The IOC’s mine in Newfoundland and Labrador produces relatively clean iron ore output, which commands a premium. The company also runs a concentrator, a pelletizing plant, which produces small balls of iron ore used in the production of steel.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Rio Tinto slashes IOC guidanceDiversified miner Rio Tinto has reduced the full-year guidance of its iron-ore operations in Canada, citing extended plant downtime and conveyor belt failures. Iron Ore Company of Canada (IOC) reported a 14% year-on-year decrease in third-quarter production to 2.4-million tonnes.
Lire la suite »
Rio Tinto’s Q3 iron ore shipments rise marginally on Gudai-Darri strengthNo 1 source of global mining news and opinion
Lire la suite »
Canadian Auto Union Ratifies GM AgreementI have written or edited about the auto industry on and off (mostly on) since 1985, first at The Indianapolis Star then, for more than a dozen years, at Bloomberg News in Detroit, followed by almost nine years at SME Media.
Lire la suite »
Canadian Pacific Holiday Train 2023 schedule: When, where in the Chicago area it will stopThe train will stop in the Chicago suburbs of Pingree Grove and Gurnee.
Lire la suite »
Canadian Dollar looking for a comeback, seeing moderate lift for MondayThe Canadian Dollar (CAD) is catching some relief after Friday’s risk-off bids sent the Loonie sharply lower against the US Dollar (USD), and recovery
Lire la suite »