We have continued to focus our portfolio on iron ore and higher-quality metallurgical coal preferred by our steelmaking customers, copper which is used in electrification, nickel which is used in electric cars.
Iron ore is one of the most sought after commodities in the world and is integral to the steel-making process.
Our Innovations
What is iron ore?
Abundant element
Iron makes up close to 5% of the Earth’s crust.
Key ingredient
The world uses 20 times more iron (in the form of steel) than all other metals put together.
Steel
It takes around 1.6 tons of iron ore to produce one ton of steel.
Large-scale shipping
The ships we use to transport iron ore to our customers can carry around 47 Olympic-sized swimming pools worth of material.