In July this year, iron ore shipments from Australia's Port Hedland decreased by 20.3 percent month on month and by 1.3 percent year on year, totaling 34,101,271 mt.
Speaking shortly after the agreement was signed, Biteko said the project is expected to boost the country's economic growth through industrial development.
India's JSW Steel Limited has given notice seeking to surrender the Jajang iron ore block in Odisha, according to a regulatory filing on Monday,August 5.