09 December 2024
09 December 2024
The completion of the sale is expected by mid-2025, pending the satisfaction of customary closing conditions.
The acquisition is part of Newmont's strategy to simplify its portfolio by divesting assets.
The initiative by the Ministry of Coal aims to promote regional economic growth and create employment opportunities.
The initiative seeks to streamline corporate structure and enhance operational performance.
The boom of AI technology has led to a surge of products for miners to invest in, but the sheer volume is causing market fatigue.
The spin-out, subject to TSX Venture Exchange approval, is due to be effective from 31 January 2025.
The grant is part of a government initiative to boost key mineral projects and strengthen international supply chains.
India's refined copper production currently stands at approximately 555,000 tonnes per annum (tpa).
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GlobalData's latest report provides historical and forecast data on iron ore production, reserves by country, and world iron ore prices. The report also includes a demand drivers section detailing factors that are affecting the iron ore industry such as demand from end use sectors including steel, construction and automotive industries. Per our analysis, global iron ore production is expected to increase to 2,605.3Mt in 2024, with China, India, Brazil and Australia all contributing to the growth.
GlobalData's latest report provides historical and forecast data on iron ore production, reserves by country, and world iron ore prices. The report also includes a demand drivers section detailing factors that are affecting the iron ore industry such as demand from end use sectors including steel, construction and automotive industries. Per our analysis, global iron ore production is expected to increase to 2,605.3Mt in 2024, with China, India, Brazil and Australia all contributing to the growth.
GlobalData's latest report provides historical and forecast data on iron ore production, reserves by country, and world iron ore prices. The report also includes a demand drivers section detailing factors that are affecting the iron ore industry such as demand from end use sectors including steel, construction and automotive industries. Per our analysis, global iron ore production is expected to increase to 2,605.3Mt in 2024, with China, India, Brazil and Australia all contributing to the growth.
GlobalData's latest report provides historical and forecast data on iron ore production, reserves by country, and world iron ore prices. The report also includes a demand drivers section detailing factors that are affecting the iron ore industry such as demand from end use sectors including steel, construction and automotive industries. Per our analysis, global iron ore production is expected to increase to 2,605.3Mt in 2024, with China, India, Brazil and Australia all contributing to the growth.
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