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Dec 31, 2020· Iron Ore Prices Hit 9-Year High: Bullish Trend Expected to Continue. In late 2020, in the wake of the Covid-19 pandemic, iron-ore prices drastically increased. This was driven by several factors, including unprecedented demand from China, strained relations between Beijing and Canberra, and constrained supply from Brazil.

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Aug 24, 2021· Iron ore's rapid retreat in recent weeks shows once again that price pullbacks can be as disorderly as the exuberance of rallies, before the fundamentals of supply and demand reassert themselves. Depending on which price for the steel-making ingredient is used, the price has slumped between 32.1% and 44% since the all-time high reached on May 12

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May 26, 2021· High iron ore spot prices are driven by strong China's demand, but we expect some price correction later in 2021. The Chinese government recently raised concerns over growing steel and raw materials prices, which may affect end-markets. Supply has marginally increased in 2021 but the market remains in deficit.

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Aug 03, 2017· Bauxite mining was banned fifteen days into 2016 due to concerns raised by locals over irresponsible mining methods and the pollution to Kuantan's rivers, streams, ports, and roads, as well as health complaints in the area due to the dust it raised. Initially only scheduled to last for six months, the ban has been extended several times since.

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Jun 11, 2014· Spot iron ore prices rose last week after a seven-week slide that pulled down the raw material to its weakest since September 2012. A glut in supply could limit any further price recovery at a modest level, traders said. Iron ore contract for delivery in September on the Dalian Commodity Exchange was unchanged at 688 yuan ($110) a tonne by midday.

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May 02, 2011· World prices have doubled in the last four months as efforts to increase supplies and break China's chokehold on the market have faltered. ... rare earth refinery in Kuantan…

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Jan 19, 2016· Bauxite mining has become a controversial political issue in Malaysia. As the government implements a temporary ban on extracting the aluminium ore, BBC South-East Asia correspondent Jonathan Head ...

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May 13, 2021· Benchmark iron ore price plunged as much as 9.5% in China as market participants paused the rally.The most actively traded iron ore on the Dalian Commodity Exchange, for September delivery, closed ...

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Abalone And Nest. Apr 10 2015 iron ore mining kuantan news bhp billiton has slashed 170 iron ore jobs from its mt whaleback mine in the pilbara as it continues to focus on cost and productivity gains the decision comes less than a week after bhp cut 100 people from its iron ore headquarters in perth however industry sources do not want the cuts blamed on the lagging price