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Sluggish iron ore supply response could hamper China s decarbonization drive | Hellenic Shipping News Worldwide

The S&P Global Platts IODEX 62% Fe index reached a record $233.10 per tonne May 12, driven by a resurgence in global demand, tightening supply and runaway steel prices. Although prices eased back in July, iron ore and steel will be key beneficiaries of the infrastructure investment drives in both China and the U.S. They .

Tempest Minerals Ltd identifies extensive iron-rich formations at Euro Project

The company is progressing drill approvals and planning at several targets within the Euro Project. Tempest has mapped outcropping iron formations at the Euro Project. Tempest Minerals Ltd’s (ASX:TEM) (FRA:LIF) geologists have mapped outcrops of substantial iron-rich geological units during the recent reconnaissance fieldwork at the Euro Project in the Yalgoo Region of Western Australia. This iron-rich stratigraphy, which has been mapped over multiple kilometres of strike length, may represent horizons highly prospective for both gold and iron ore and are typical of other major deposits and operations in the region. These other nearby operations include Karara, with around 2 billion tonnes of iron ore, Sino Iron with around 4 billion tonnes of iron ore, and the Mt Gibson and Rothsay gold mines, each having around 1 million ounces.

Kerry Stokes-backed Pilbara salt and potash project clears green tape hurdle

Kerry Stokes-backed Pilbara salt and potash project clears green tape hurdle
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