Ukraine is among the top ten countries in terms of essential mineral deposits, and Russia is fighting for them. According to the director of the National Association of Extractive Industries of Ukraine, Ksenia Orynchak, these deposits include titanium ores, kaolin, iron ore, and graphite, and Russia started thi... #IronOre #MineralDepositsUkraine #MiningIndustry #naturalgraphite #TitaniumUkraine
Russian oligarch’s iron ore becomes the Ukrainian property. The Bureau of Economic Security of Ukraine transferred almost 170,000 tons of iron ore with an estimated value of UAH 1.8B to the National Agency for Identification, Search and Asset Management, the b... #AlisherUsmanov #IronOre
The EU expects Ukraine to export more grain, but receive iron ore. While the ports are blocked, the Ukrainian agricultural sector is trying to develop new export logistics by rail, road, and river across the border with EU countries. The average daily volume of rail... #grainexport #IronOre #IronOreExport #UkraineExport
Iron ore prices have fallen to an annual low due to weak demand from China. For the first time in almost a year, iron ore futures in China fell below 600 yuan ($93.75) per ton due to weak supply conditions and poor demand forecasts. It is noted that ore supplies from Australi... #IronOre #IronOredemandinChina #IronOrePrices #IronOrePricesFall
Ukraine’s iron ore exports are down 3.5% this year by volume, but revenues are double – to $4.7 billion, reports the State Customs Service. Of the 26 million tons exported through July, China took 46%, the Czech Republic took 9.5%, and Austria took 8%. #IronOre #IronOreExport #IronOrefromUkraine #UkraineexportsIronOre
Although iron ore exports were down 8%, to 14.2 million tons, earnings from Ukraine’s iron ore sales almost doubled, reaching $2.3 billion . With mines in Brazil and South Africa closed due to Covid-19 infections among staff, the world price of a ton of iron ore has jumped from $40 to $200, wrote Oleksandr Kalenkov, President of Ukrmetal... #IronOre #IronOreExport #IronOrePrices
