IKCEST

Global iron ore production growth to accelerate, driven by Brazil— report

May 17, 2021

Source: https://www.mining.com/global-iron-ore-production-growth-to-accelerate-over-2021-2025-report/

It takes around min to read this article.

Railroad transporting iron ore from Vale’s Carajás complex in Brazil, the world’s largest iron ore mine. Source: Vale

Global iron ore mine output growth will average 2.4% over 2021-2025 compared to -2.0% over the previous five years, highlights a new report by market researcher Fitch Solutions.

This would lift annual production by 378 million tonnes in 2025 compared to 2020 levels, roughly the equivalent of India and Russia’s combined 2020 output.

Original Text (This is the original text for your reference.)

Railroad transporting iron ore from Vale’s Carajás complex in Brazil, the world’s largest iron ore mine. Source: Vale

Global iron ore mine output growth will average 2.4% over 2021-2025 compared to -2.0% over the previous five years, highlights a new report by market researcher Fitch Solutions.

This would lift annual production by 378 million tonnes in 2025 compared to 2020 levels, roughly the equivalent of India and Russia’s combined 2020 output.

Comments

Something to say?

Disclaimer: The translated content is provided by third-party translation service providers, and IKCEST shall not assume any responsibility for the accuracy and legality of the content.