Author: Admin Operation
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How will global iron ore market be impacted after Simandou enters production? BigMint explores
*Rio Tinto, along with Chinese partners, to start production by end-2025 *Around 90-100 mnt of ore expected from Simandou by 2030 *Steel major Baowu secures long-term access to high-grade ore *Seaborne market surplus expected to adversely impact prices Morning Brief: The global iron ore market is set for a major overhaul with the world’s largest,…