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Get PriceThe Gudai Darri iron ore mine previously known as the Koodaideri mine is located in Pilbara Western Australia The mine is operated by Rio Tinto a multinational metals and mining company Gudai Darri is the company s first greenfield mine and its most technologically advanced mine It has an estimated mine life of more than 40 years
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Get PriceIn 2024 Australia s EDR of iron ore increased by 3% from 2024 to 49 604 Mt Table 3 Similarly there was a 4% EDR increase of contained iron to 24 122 Mt Table 4 EDR attributable to magnetite deposits have decreased by 1% likely due to re assessment of projects and inactivity in the magnetite industry
Get PriceThe fastest growing export markets for Iron Ore of Australia between 2024 and 2024 were China $8 71B Singapore $1 95B and Hong Kong $1 79B Imports In 2024 Australia imported $97 6M in Iron Ore becoming the 43rd largest importer of Iron Ore in the world At the same year Iron Ore was the 312th most imported product in Australia
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Get PriceWestern Australia dominates reserves and production of a number of base metals including nickel and iron ore of which it has 96% and 94% respectively of the country s total reserves As a result the state has a well developed mining industry with some of the largest and most sophisticated mines in the world operating within its borders
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Get PriceThere are also prospects for iron ore mines in Queensland and New South Wales some speculative but others quite real although poor old Victoria misses out According to Geoscience
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Get PriceIron ore prices monthly 2024 2024 Published by Statista Research Department Nov 21 2024 In October 2024 iron ore was valued at approximately 92 56 U S dollars per dry metric ton unit dmtu
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Get PriceBuyer for minerals including iron ore copper oil Iron ore Required 200 000Mt x 12 Roll over 60mnths LOI provided Serious buyer Address：14 Key Biscane Gold Coast QLD Business type：Buying Office FAR EAST INVESTM FEI was formed in 1992 as a private minerals exploration and development company In May 1998 joint venture with founding
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Get PriceAustralia produced 35% of the iron ore mined last year Almost 90% of identified iron ore resources in the country occur in Western Australia especially in the Pilbara region The large and dry region is known for its Aboriginal peoples and also for its red earth as a result of a chemical reaction of iron exposed to air and water
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Get PriceThis contrasts to the fact that China is dependent on Australia for about 50% of the iron ore it consumes although latest Chinese published figures put it at 60% In a report out Tuesday CBA s commodities analyst Vivek Dhar concluded that China s reliance on Australian iron ore is unlikely to change Coal experience may deter iron ore boycott
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