At the AJM Global Iron Ore and Steel Forecast conference held in Perth on March 11, Australian miner BHP Billiton outlined how its focus on productivity and capital efficient debottlenecking in its iron ore business is delivering value. ...
Tags: BHP Billiton, Iron Ore
Coal shipments to South Korea from Port Waratah Coal Services' terminals at the Australian port of Newcastle slumped 55% from January to 993,000 mt in February, the company said Thursday. The drop comes after Port Waratah's terminals ...
Tags: Coal Imports, Newcastle Port, Coal shipments
Iron ore exports from Port Hedland in Western Australia fell 1.8% to 27.7 million mt in February, from 28.2 million mt in January, data released by the port authority Thursday showed. Of the total, 21 million mt went to China, 2.7 million ...
Tags: Iron Ore, Manganese ore
Australian miner BHP Billiton has announced that it has suspended production at its smallest iron ore mine Yarrie in Western Australia as an additional productivity measure, until further notice. The company said that the employees at the ...
First production from the Papua New Guinea LNG project is now expected in the third quarter of this year, Australian joint venture partner Santos said Friday as it reported its financial results for 2013. Santos holds 13.5% of the ...
Tags: LNG project, Mineral
Around a quarter of Australian metallurgical coal is sold on a spot basis following a significant increase in production and the fact that the primary buyer, China, prefers short-term pricing, an analysis of Platts data and a survey of ...
Tags: Coal Market, Spot Pricing
Capesize iron ore freight rates fell across most routes Thursday, as charterers took advantage of a relatively quiet trading day to press rates down in the Pacific. Fixture activity in the Pacific slowed Thursday after a flurry of ...
Tags: Iron Ore, Limited Fixtures
Iron ore supply may exceed demand growth rates in China later in 2014 as the nation has recorded slow steel production rates since the start of the year and is currently operating at an annualized rate of 730 million mt, BHP Billiton CEO ...
Australian mining company BHP Billiton has announced its financial results for the half year ended December 31, 2013. According to its financial statement, BHP Billiton posted a net profit of US$8.1 billion for the first half of the ...
Tags: BHP Billiton, mining
In January of the current year, manganese ore shipments from Australia's Port Hedland totaled 96,393 metric tons, decreasing by 23.07 percent from 125,291 metric tons in December and down 52.33 percent compared to the same month of 2013, ...
Tags: manganese ore, Metallurgy, Mineral
In January of the current year, iron ore shipments from Australia's Port Hedland decreased by 4.20 percent compared to the previous month and were up 27.74 percent year on year, totaling 28.23 million metric tons. According to the ...
Tags: iron ore, Metallurgy, Mineral, Iron
Australia's Western Areas Monday upgraded its nickel in ore production guidance by around 4% to 27,000 mt for fiscal year 2013-2014, from 25,000-26,000 mt previously. Production guidance for nickel in concentrate has also been revised up ...
Tags: Nickel Output, Nickel
Commission encourages Chinese steelmakers to boost global footprint Chinese steelmakers that have lost money because of volatile global iron ore prices should invest more in foreign mineral resources to gain greater pricing power, the ...
Tags: NDRC, Chalco, steelmaker, persist
The price of iron ore is predicted to drop this year as growth of China's steel production slows and the supply of raw materials from international mining giants increases, according to industry experts. An estimate from UBS AG earlier ...
Tags: Iron Ore, Raw Materials
They said the party was over, but Australia's giant resources sector is surging into a two-horse race between iron ore and coal, with the latest numbers revealing that there is still fire in the belly of the boom, thanks mainly to sustained ...
Tags: coal industry, Mineral