Kazakhstan: ERG to mine ore in Brazil

Kazakhstan mining company Eurasian Resources Group intends to implement a Bamin iron ore project in Brazil and is negotiating with several probable partners. The cost of the project is $2.6 billion, of which some $1 billion accounts for the construction of a railroad and a deep-sea port. The project was initiated in 2005, but was…

Ukraine: iron ore exports up in July 2019

In July Ukraine increased iron ore and concentrate exports by 75.7% MoM, to $391.8 million. According to the customs statistics, export volumes grew by 16.2%, to 3.5 million tons. In January-July exports totaled 23.3 million tons at $2.09 billion. The share of iron ore raw materials in the total export was 7.28%. China (27.07%), Poland…

Turkmenistan: iron ore reserves discovered

Turkmengeologia State Corporation of Turkmenistan has discovered iron ore deposits at the “Gyzylgaya-V” area of the Chagyl deposit in the Gyzylgaya settlement of the Turkmenbashi district in the country’s Balkan region. The presence of the corresponding components in the iron ore necessary for the production of cement has been confirmed. During the geological exploration work,…

Ukraine: iron ore exports up in February 2019

In February Ukraine increased iron ore exports by 2.7% YoY, to $228.542 million. At the same time, imports grew 3-fold, to $0.012 million. According to the State Fiscal Service, Poland was the main customer – $34.282 million. In January-February Ukraine exported $463.2 million worth of iron ore, up by 0.02% YoY, while imports dropped by…

Ukraine: iron ore exports up in 2018

In 2018 Ukraine earned $2.9 billion on the sale of iron ore, having exported 36.8 million tons. In particular, Ukraine exported 21.1 million tons of non-sinter ore valued at $1.3 billion and 15.7 million tons of sinter ore at $1.6 billion. To America Ukraine shipped 0.2 million tons of ore at $16.579 million. US accounted…