May 17, 2020

CHART: Periodic table of commodity returns since 2006

Chart
Gold
Copper
Silver
Admin
1 min
CHART: Periodic table of commodity returns since 2006
2015 was a historically bad year for commodities and the last few weeks have cemented the fact it's not getting any better.

For base metals, lead w...

2015 was a historically bad year for commodities and the last few weeks have cemented the fact it's not getting any better.

For base metals, lead was the best performing commodity with -3.5 percent returns throughout 2015. That’s not good, however, compared to its fellow base metals such as copper (-26.1 percent), zinc (-26.5 percent), aluminum (-17.8 percent), and nickel (-41.8 percent), lead did wonderfully in comparison. Precious metals have fared a little better. Gold is the top-performer with only a -10.4 percent dip. Silver, platinum, and palladium did worse in 2015, all returning -11.8 percent, -26.1 percent, and -29.4 percent respectively.

• Related: [INFOGRAPHIC] The world’s most valuable substances

Thanks to the U.S. Global Investors, we can explore how natural resources have performed over the last 10 years. Click here to see the interactive chart.

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May 8, 2021

Global iron ore production to recover by 5.1% in 2021

Iron ore
BHP
Anglo American
GlobalData
2 min
After COVID-19 hit iron ore output by 3% 2020, GlobalData analysis points to 5.1% uptick in 2021

Global iron ore production fell by 3% to 2.2bnt in 2020. Global production is expected  to grow at a compound annual growth rate (CAGR) of 3.7% to 2,663.4Mt between 2021 to 2025. The key contributors to this grow will be Brazil (6.2%), South Africa (4.1%), Australia (3.2%) and India (2.9%). Key upcoming projects expected to commence operations include South Flank in Australia (2021), Zulti in South Africa (H2 2021), Serrote Da Laje in Brazil (H2 2021) and Gudai-Darri (2022), according to GlobalData, a leading data and analytics company.

Iron Ore

Vinneth Bajaj, Associate Project Manager at GlobalData, comments: “Declines from Brazil and India were major contributors to the reduced output in 2020. Combined production from these two countries fell from a collective 638.2Mt in 2019 to an estimated 591.1Mt in 2020. The reduced output from the iron ore giant, Vale, was the key factor behind Brazil’s reduced output, while delays in the auctioning of mines in Odisha affected India’s output in 2020.

“Miners in Australia were relatively unaffected by COVID-19 due to effective measures adopted by the Australian Government, while a speedy recovery in China led to a significant 10.4% increase in the country’s iron ore output.”

BHP

Looking ahead, the global iron ore production is expected to increase by 111.3Mt to 2,302.5Mt in 2021. Rio Tinto is expected to produce up to 340Mt of iron ore, while BHP has released production guidance of 245–255Mt, supported by the start of the Samarco project in December, which is expected to produce between 1–2Mt.The company has retained its guidance for Australian mines at 276–286Mt on a 100% basis, due to scheduled maintenance work at its ore handling plant and tie-in activity at the Area C mine and South-Flank mine.

Anglo American

Bajaj added: “The remaining companies are expected to produce more than 600Mt of iron ore, including FMG, whose production is expected to range between 175–180Mt supported by its Eliwana mine that commenced operations in late December 2020, and Anglo American, which is expecting to produce between 64–67Mt. Vale is expected to resume 40Mt of its production capacity, taking its overall production capacity to 350Mt in 2021, with production guidance of 315-335Mt.”

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