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The monthly mean price of iron ore fines at 62% iron content at Tianjin Port, cost and freight, fell from the 5-year high of $187.18 in February 2011 to $56.43 in September 2015, the most recent date for which prices were available.

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Ore characterisation, including classification, mineralogy, petrology and geometallurgy at regional, mine and orebody scale. Mining, including all aspects from pit design and optimisation to blasting, ore haulage and grade reconciliation.

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Iron ore is a mineral substance which, when heated in the presence of a reductant, will yield metallic iron (Fe). It almost always consists of iron oxides, the primary forms of which are magnetite (Fe 3 O 4) and hematite (Fe 2 O 3).. Iron ore is the source of primary iron for the world's iron and steel industries.

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Mining is the extraction of valuable minerals or other geological materials from the earth, usually from an orebody, lode, vein, seam, reef or placer deposit.These deposits form a mineralized package that is of economic interest to the miner. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock …