Singapore - Anglo American’s Post

Did you know that BHP shipped 3 billion tonnes of iron ore to China! This is a significant metric, here are some other significant examples: 🍔🍎 Food Production Every year, our world produces approximately 4 billion tonnes of food. That's equivalent to filling up 1.6 trillion Olympic-sized swimming pools! It reminds us of the importance of sustainable agriculture and reducing food waste. 🔥🌳 Carbon Emissions Annually, human activities release roughly 3 billion tonnes of carbon dioxide into the atmosphere. Imagine a convoy of cars circling the Earth over 68 million times! Addressing this issue is crucial for a sustainable future. ⛏️📱 Resource Conservation Every year, about 50 million tons valuable minerals and metals go to waste in electronic devices. This is equivalent to throwing out 1000 laptops every single second. Recycling and responsible sourcing can make a big difference in conserving these resources. Let's make electronics sustainable. #Sustainability #Environment #EarthMatters #makeadifference

CLSA Head of Energy and Resource Research Australia Robert Stein appeared on CNBC to discuss Rio Tinto’s earnings and outlook for key metals including iron ore, aluminium and copper. Here are his key thoughts: 📍 Remain cautious on iron ore in the near-term considering demand cuts from China and growing supply volume among producers. 📍 Expect high demand for aluminium driven by the penetration of renewables and autos development in the long term. 📍 Copper deficiency may cause supply shortage for the next two-three years. Watch the full interview: https://lnkd.in/gCFiGHJF #CLSANews #CLSAInsights   

Magnetite Mines Ltd (ASX:MGT) CEO Tim Dobson is back with Proactive’s Elisha Newell to deliver the highlights of the company’s latest quarterly report. The first three months of 2024 saw MGT make headway on several key endeavours as it continues to shape the cornerstone Razorback Iron Ore Project, where it's out to deliver premium ‘DR-grade’ iron ore concentrates to support emerging demand from the decarbonising iron and steelmaking industry. Over the quarter, the company made headway on its strategic partnering discussions, with due diligence completed by several key groups and transactional negotiations in progress. This process took company reps to Japan and Saudi Arabia to engage in face-to-face meetings with some prospective partners, which accelerated relationships with several of MGT’s target groups. Another highlight was a memorandum of understanding inked with the Port Pirie Regional Council, which... Watch at #Proactive #ProactiveInvestors http://ow.ly/aeEy105rggL

The World’s Iron Ore Powerhouse Is Preparing to Reinvent Itself. The Pilbara region has propelled Australia’s economy for decades. Now it needs to contend with the end of China’s infrastructure boom — and a greener future. But Australia will need to get a move on because global 'green iron' competition is rising fast: https://lnkd.in/gacve_qi #iron #ironore #steel #energytransition #investing #ausbiz https://lnkd.in/gHyj2MdN

More Industry hot topics in 2023 Asia Iron Ore Summit :

The need to decarbonise is driving innovation in the steel sector. My colleague Albertine Pegrum-Haram discusses our experience visiting FMG’s new high-grade iron ore mine in Australia and looks at how miners can position themselves to benefit from the steel sector’s. Albertine Pegrum-Haram recently visited some of the miners up the supply chain in the Pilbara - who are already thinking about how to adjust their operations to cater to a developing 'green steel sector' #decarbonisation. https://bit.ly/3QO20fb For professional investors in EMEA and APAC only.

Growing steel decarbonisation momentum is prompting three of the big four iron ore miners to increase supply of high-grade iron ore. The other is more focused on floundering carbon capture technology, while investor pressure on Scope 3 emissions continues to build.

Growing steel decarbonisation momentum is prompting three of the big four iron ore miners to increase supply of high-grade iron ore. The other is more focused on floundering carbon capture technology, while investor pressure on Scope 3 emissions continues to build.

What an insightful discussion over the dynamic high-grade iron ore market and how it co-exists alongside price jumps and dips in the iron ore market

Centralized purchasing for Iron Ore at scale and how? When Iron Ore procurment for about 20 of the largest Chinese steelmakers is aggregated buying power could rise exponentially. It has been in the works for a few years and now seeing day light, and could structurally change Iron Ore landscape. #worldofsteel