State-owned Shandong Iron and Steel Group Co Ltd said on Monday that it has acquired the remaining 75 percent stake it does not own in a mining project in western Africa's Sierra Leone. Shandong Steel had earlier acquired a 25 percent ...
Tags: Steel Firm, Iron Group, Steel Group
London-listed, Africa-focused miner African Minerals has announced that in the first quarter of the current year it achieved a record direct shipping iron ore production of 5.3 million mt, compared to 2.2 million mt in the same quarter of ...
Australian-miner Fortescue Metals Group has announced that it has added 1.16 billion mt of mineral resources to its Greater Solomon iron ore mine, following a drilling program. Fortescue stated that total Greater Solomon mineral resources ...
An industry group representing Chinese iron ore miners aims to satisfy 50% of the country's annual iron ore consumption with domestic supply by 2025, up from the current 30%, via consolidation and expansion of mining companies, a senior ...
Tags: Iron Ore, Domestic Supply, Chemicals
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
Panzhihua Iron & Steel Group, or Pangang, in southwest China's Sichuan province produced 12.07 million mt of iron ore concentrate from its mines in the Panzhihua area of Sichuan last year, which was up 14.3% on 2012 and a record high for ...
Tags: Iron Ore, Iron Ore Concentrate
UK-based London Mining, a global diversified miner targeting the steel sector, has announced that it has been granted an exclusive 30-year exploitation license for its wholly-owned Isua iron ore project in Greenland. The Isua project with a ...
Tags: Iron Ore Project, Mineral
According to report, China’s Magang Mining Co., the subsidiary of Ma’anshan Iron & Steel Group (Magang), said it will start mining at Heshangqiao iron ore mine in Auhui province in June. The annual capacity is expected of 5 ...
Tags: Magang Mining, mining, iron ore mine
UK-based mining giant Anglo American has announced that it has completed the cost and schedule review for its Minas Rio iron ore project in Brazil, reporting that it expects to register an impairment charge of $4 billion on the basis of ...
Tags: Anglo American, Minas Rio, iron ore project
Australia-based iron ore producer Admiralty Resources has announced that it has increased its iron ore resource estimate for its Mariposa iron ore project in Chile to 174.5 million mt from 87.8 million mt. Following the doubling of the ...
Australia-based miner Flinders Mines has announced that it has received the key environmental approvals for its Pilbara iron ore project in Western Australia. Flinders will continue to work on making progress on the remaining approvals ...
Tags: mining, Flinders Mines, iron ore project
According to the RM Research, Dragon Energy has been flagged as a speculative buy with a price target of AUD 0.20. This is based on the company's consolidation of DSO iron ore resources and JORC resources that confirm the potential of its ...
Tags: Dragon Energy, metallurgy, energy, iron ore
In order to conserve iron ore resources of the country for long term domestic value addition, export duty on all varieties of iron ore has been increased from 20% to 30% ad valorem with effect from December 30th 2012. Chrome is used in ...
Tags: iron ore resources, iron ore, steel manufacturing, chrome
Private company Sichuan Hanlong Company, after the approval of Anshan Steel s biggest ever expansion plan on iron ore mines, is in view of a partnership with state owned enterprises to build up a major iron ore mine in western Africa. ...
Tags: Sichuan Hanlong Company, Anshan Steel, iron ore, mining
It is reported that Angang's investment CNY 18.616 billion iron ore plan win approval from National Development and Reform Commission. The investment including expansion of 7 existing mines,construction of 3 new mines and update of 2 ...
Tags: Iron Ore, China, Angang, National Development and Reform Commission