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The share of global mining projects that progressed to their next stage of development has decreased from 3.8% in Q4 2019 to 2.8% in Q1 2020, and is expected to slow further in Q2 2020 due to the coronavirus outbreak, according to GlobalData, a leading data and analytics company. Vinneth Bajaj, Mining Analyst at GlobalData, […]
Iron ore exports from India to decline by 25% in 2020 amid Covid-19 lockdown, says GlobalData
Iron ore exports from India are expected to decline by around 25% to 23.3 Mt in 2020 due to the coronavirus (Covid-19) outbreak and the subsequent closure of ports, shortage of workers and transport restrictions, which are severely disrupting the exports as well as the domestic supply, says GlobalData, a leading data and analytics company. […]
COVID-19 initial impact to reduce China’s iron ore output by 3% in 2020, says GlobalData
China’s iron ore production is forecast to decline by 3% to 78.2 Mt in 2020 due to the impact of coronavirus (Covid-19). Between January and February 2020, the operating rates at private iron ore mines declined from 34.9% to 29.6% and overall, China’s iron ore production declined by 4.6% year-on-year, says GlobalData, a leading data […]