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offtake agreements
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Cooper Tire Is Looking to Move Its Production out of China
Dec 10, 2014US based Cooper Tire is looking to move its production out of China following the sale of stake in a joint venture with Chengshan Group. Previously the dispute at the joint venture, Cooper Chengshan Tire Company in eastern Shandong, China ...
Tags: joint venture, Cooper Tire, Auto
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Cooper Tire & Rubber Co. Will Sell Its 65% Ownership
Dec 2, 2014Cooper Tire & Rubber Co. will sell its 65% ownership in Cooper Chengshan (Shandong) Tire Co. Ltd (CCT) to Chengshan Group Co. Ltd. for approximately $262 million. “Resolving the ownership of CCT has been a key goal for us, and we ...
Tags: Cooper Tire, Cooper-branded products, Auto
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Diversified Miner Trader Glencore Xstrata Sold 33.2 Million Mt of Iron Ore in 2013
Mar 6, 2014Diversified miner trader Glencore Xstrata said Tuesday it sold 33.2 million mt of iron ore in 2013, a 68% annual rise in volumes, as it proceeds with studies for projects in Africa to gain marketing clout. As a relatively new entrant to ...
Tags: Iron Ore, Glencore Xstrata
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Australia's Western Areas Upgraded Its Nickel in Ore Production Guidance by Around 4%
Feb 11, 2014Australia'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
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London Mining Saw a Considerable Year-on-Year Increase of 250% in Q3 Iron Ore
Nov 12, 2013London Mining (LM) saw a considerable year-on-year increase of 250% in third-quarter iron ore concentrate output from its Marampa mine in Sierra Leone to 948,000 wet mt, according to the company's production report. However, compared with ...
Tags: London Mining, Mineral, iron ore
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CEO of US Miner Walter Energy: Low Pricing Has Been a Huge Struggle for Producers
Nov 7, 2013Global steelmakers, metallurgical coal miners and merchant coke producers are feeling the heat thanks to sluggish steel and coal prices coupled with the prospect of higher energy costs in the US due to regulation, participants said Tuesday ...
Tags: steel, Coal, Metallurgy, Mineral
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Centaurus Metals Limited Will Commission Its Flagship Jambreiro Iron Ore Project in Brazil
May 29, 2013Australia-based iron ore company Centaurus Metals Limited has announced that it will commission its flagship Jambreiro iron ore project in Brazil in mid-2014 instead of at the end of 2013 as originally planned. Centaurus said that it has ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
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Solazyme Has Seen Sales Increases of 35% at Participating Test Sites in The US
Mar 8, 2013Qantas’s biofuel partner Solazyme has seen sales increases of 35 per cent at participating test sites in the US, where B20 algae-derived diesel fuel was sold alongside mineral diesel. And a post-sale survey has shown that drivers ...
Tags: Qantas, biofuel, Solazyme, diesel fuel
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Atlas Iron Shipped a Record 1.74 Million Wet Metric Tons of Iron Ore for December Quarter
Jan 28, 2013Australian iron ore miner Atlas Iron has announced it shipped a record 1.74 million wet metric tons of iron ore in the quarter ended on December 31, up 25.9 percent compared to the same quarter of 2011. Atlas stated that iron ore prices ...
Tags: iron ore, iron ore miner, iron ore prices
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Partnerships Between End-Users and Mining Companies May Just Be The Secret Weapon
Jan 5, 2013China's sudden cuts to rare earth export quotas and domestic production marked the beginning of a Rare Earth Economic War, proposes Jacob Securities' Senior Mining and Metals Analyst Luisa Moreno. The good news is that partnerships between ...
Tags: Rare Earth, interview
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What Do The Gold Market and The Weather Have in Common?
Dec 26, 2012What do the gold market and the weather have in common? You can forecast both, but predict neither, according to Brien Lundin, chief executive of Jefferson Financial and publisher of Gold Newsletter. Lundin, who also organizes the New ...
Tags: Finance, Gold, Rare Earth, Metallurgy
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Labor Problems and Low Prices Have Platinum Mines Closing up Shop in South Africa
Dec 26, 2012Labor problems and low prices have platinum mines closing up shop in South Africa, and the potential for acquisitions is ripening. Senior Mining Analyst and Managing Director at Stifel Nicolaus in Toronto, George Topping believes that ...
Tags: Finance, Rare Earth, Metallurgy
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Atlas Iron Has Signed 3 New Offtake Contracts Covering About 2.2 Million Tonnes
Dec 21, 2012The West Australian reported that Atlas Iron has signed 3 new offtake contracts covering about 2.2 million tonnes of iron ore a year. The 3 contracts, which have durations of one to 3 years, were signed with 2 unnamed Chinese steel mills ...
Tags: Atlas Iron, offtake agreements, steel mills, steel
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a Review of Operating Costs for Gunson's Coburn Zircon Project
Dec 3, 2012A review of operating costs for Gunson's Coburn Zircon Project indicates potential cost savings of AUD 122 million across the 23 year mine life. Further improving the financial returns from the project, an additional USD 1.2 million could ...
Tags: zircon, mining costs, zircon producer, mine, pit optimization