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iron ore deposits
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ArcelorMittal's Lázaro Cárdenas Steel Plant Expects to Close 2014
Aug 12, 2014ArcelorMittal’s Lázaro Cárdenas steel plant expects to close 2014 with a production of about 4 million tons of crude steel, of which about 1.2 million tons will comprise finished products--rebar and wire rod--according ...
Tags: ArcelorMittal, Lázaro Cárdenas steel, close
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Chinese Iron Ore Miners Aims to Satisfy 50% of The Country's Annual Iron Ore Consumption
Mar 24, 2014An 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
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The Massive$3 Billion Valentines Open-Pit Iron Ore Mine Project Will Go Ahead
Feb 12, 2014Uruguayan President Jose Mujica announced Thursday that the massive$3 billion Valentines open-pit iron ore mine project will go ahead,despite increasing local opposition. The project,which is also known as Aratarí,was proposed by ...
Tags: Iron Ore Mine, Mine, iron
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Commission Encourages Chinese Steelmakers to Boost Global Footprint
Feb 7, 2014Commission 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
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China's Pangang Produced 12.07 Million Mt of Iron Ore Concentrate From Its Mines
Jan 9, 2014Panzhihua 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
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India's Steel Minister:Product Mix Should Be Enhanced
Nov 19, 2013India's Steel Ministry is finalizing a new national steel policy (NSP) focusing on infrastructure development, securing raw materials and human resource development for the growth of the steel industry, according to the Associated Chambers ...
Tags: raw materials
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Ren Has Already Been Dubbed The "$900-Million-Dollar-Man" for His Estimated Net Worth
Aug 27, 2013Former Chinese commodities trader Jerry Ren, who is quietly building a mining empire in the Australian outback, scoffs at talk the resources boom is over. For him its just moved north. As some mining firms clock up billions of dollars in ...
Tags: Mining Boom, Chemicals
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Posco Has Inked a Memorandum of Understanding with The Cameroon Government
Jul 30, 2013It’s reported that Korean steel giant Posco has inked a memorandum of understanding (MoU) with the Cameroon government to develop steel industry jointly. Cameroon owns 5 billion tons of iron ore deposits and is ideally to supply ...
Tags: Cameroon, Steel Industry
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Evraz Inks Acquire a Stake for a Total Consideration of Rub 4.950 Million
Apr 3, 2013Russian steelmaker Evraz has announced that it has signed an agreement to acquire a stake in the Timir joint venture project for a total consideration of RUB 4.950 million (approximately $160 million) to be paid in several instalments. At ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
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Feasibility Study for The TATA Steel Backed Iron Ore Projects Is Running Behind Schedule
Jan 7, 2013Business Line reported that feasibility study for the TATA Steel backed iron ore projects in North Eastern Canada is running behind schedule. TATA Steel and its strategic partner New Millennium Iron Corporation, have granted additional time ...
Tags: TATA Steel, Iron Ore, Mineral, Metallurgy
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An MoU on Cooperation in The Field of Steel Sector Was Signed Between Minister of Steel
Jan 7, 2013Union Steel Minister visited Afghanistan in April, 2012 and an MoU on Cooperation in the field of Steel Sector was also signed between Minister of Steel, Government of India and Minister of Mines, Islamic Republic of Afghanistan. Earlier, ...
Tags: Afghanistan, 2012, JV, Steel PSUs
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a Significant Step Was Made in The Efforts to Start a Large Scale Iron Ore Mining
Jan 7, 2013Xinhua reported that a significant step was made in the efforts to start a large scale iron ore mining in Cameroon’s Mbalam region following signing of an agreement in Yaounde between the country’s authorities and Cam Iron ...
Tags: Iron, iron ore mining, iron ore, mining
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The Indian Consortium Is Back From Another Round of Discussion for Acquiring Mining Rights
Dec 27, 2012Economic Times reported that the Indian consortium is back from another round of discussion for acquiring mining rights to the 1.8 billion tonne of iron ore reserves in Afghanistan, as the possible deal reaches a critical stage. A ...
Tags: Indian consortium, India, mining rights, mining
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BHP Billiton Has Selected B&A as The Preferred Bidder for Its Stake in Mount Nimba
Dec 25, 2012Reuters cited a source familiar with the situation as saying that BHP Billiton has selected mining venture B&A Mineração as the preferred bidder for its stake in Mount Nimba, one of the largest iron ore deposits in Guinea. ...
Tags: Guinea Iron Ore, BHP Billiton, B&A, steelmaker
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African Minerals Will Expand Existing Rail and Port Infrastructure
Dec 20, 2012Reuters reported that African Minerals Ltd will expand its existing rail and port infrastructure rather than build a new port to serve its flagship iron ore mine in Sierra Leone,a move,will save it about USD 1 billion. African ...
Tags: rail, port infrastructure, expansion, iron ore mine
