Vale declares Force Majeure , Will it Impact Global Prices ?

World’s largest iron ore miner-Vale declared “Force Majeure” on some of its iron ore and pellet sales contracts on 5th Feb’19. This means company has suspended several iron ore and pellet contracts with buyers after the accident that has hit its production.

Odisha Mine Auction Tender in H2 2019: Mines Director

New Delhi – India’s largest iron ore producing state Odisha is likely to float tenders for auctioning dozens of mines and minerals blocks in the second half of this calendar year, as their mining leases are set to expire in 2020, a