Asia
Asia
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Hyundai Rotem Company Has Clinched a USD 353 Million Order to Supply Railcars to Egypt
Dec 28, 2012Yonhap reported that Hyundai Rotem Company, a South Korean tank and train maker, has clinched a USD 353 million order to supply railcars to Egypt. Hyundai Rotem said that the order was placed by the National Authority for Tunnels, ...
Tags: Hyundai Rotem Company, tank, train, railcars, Egypt
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Business Line Quoted a Report of The Comptroller and Auditor General of India
Dec 28, 2012Business Line quoted a report of the Comptroller and Auditor General of India as saying that illegal mining during the period 2006 to 2011 in 3 districts of Karnataka has resulted in a loss of INR 3,414.45 crore in revenue, of which the ...
Tags: iron ore mining, iron ore, mining, iron ore value
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TATA Steel and Its Industry Partners Plan to Develop a New Automotive Proving Facility
Dec 28, 2012According to the Advanced Manufacturing Park, TATA Steel and its industry partners have received a grant to develop a new automotive proving facility in Rotherham. The new facility will work towards developing low carbon technologies for ...
Tags: TATA Steel, low carbon technologies, automotive sector, commercial market
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CIS Steel Export Prices Are in Mixed Dynamics
Dec 28, 2012As per the latest information from Black sea CIS steel export prices are in mixed dynamics. Billet price is rather stable with the market around USD 515 per tonne FOB Black Sea. Despite minor fluctuations, raised by particular deals and ...
Tags: CIS steel, steel, CIS steel export, Billet price
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Mr Barnett Signalled a Shift in The Government's Thinking
Dec 28, 2012Premier Colin Barnett has told Rio Tinto and Alcoa that they're dreaming about developing a massive bauxite deposit in the remote Kimberley and flagged the possible return of the resource to taxpayers. The global giants want a two to ...
Tags: Rio Tinto, Alcoa, bauxite deposit, Kimberley, resource
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India's Infrastructure Players Are Passing Through a Tough Phase
Dec 28, 2012Business Line reported that the India’s infrastructure players are passing through a tough phase as this year comes to an end. They expect a turnaround early next year as the Government seeks to fix sector concerns with reforms. ...
Tags: India, infrastructure, reform, roads projects
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Almost 1/3rd of World's Malnourished Children in The World Is Living in India Alone
Dec 28, 2012With largest children population in the world, larger than China, and almost 1/3rd of world's malnourished children in the world living in India alone, the country is indeed in an alarming situation today. 8 million children in India, in ...
Tags: Vedanta Khushi, Social Media Campaign, educational system, social media
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Sattari and Bicholim Talukas Is to Have a 10 Tonne Tipper Truck Parked in Its Backyard
Dec 28, 2012Almost every house in the vicinity of an iron ore mine in Goa's Sanguem, Sattari and Bicholim talukas is likely to have a 10 tonne tipper truck parked in its backyard. Some have 2, 3 or even 4 trucks parked. In all, there were about 25,000 ...
Tags: iron ore mine, Goa, Sanguem, India
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Fire Happened in The Night From Sunday to Monday in Aperam's Plant at Gueugnon
Dec 27, 2012French media reported that a case of fire happened in the night from Sunday to Monday in Aperam's plant at Gueugnon in central France The fire, which broke out around 22:15 ravaged 4.000 m2 of a building of 12,000 m2 housing tanks ...
Tags: Metallurgy, Mineral
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Xstrata Copper Has Completed Construction and Commenced Commissioning on Schedule
Dec 27, 2012Xstrata Copper's Lomas Bayas operation, located in northern Chile, has completed construction and commenced commissioning on scheduleof its USD 300 million Lomas II project to extend the mine life by 16 years, until at least 2028, at ...
Tags: Xstrata Copper, Copper, Mineral, Metallurgy
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The Interest Rates Are Reduced Irrespective of Tools It May Choose to Use
Dec 27, 2012M Rajkumar N Dhoot President of ASSOCHAM said that as the inflation is at its 10 month low, it is time the Reserve Bank of India took measures to ensure that the interest rates are reduced irrespective of tools it may choose to use. Mr ...
Tags: Metallurgy, Mineral, Energy, bank
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Tumkur and Bellary Districts in Excess of The Quantity Approved in The Mining Plans
Dec 27, 2012According to the latest report of the Comptroller and Auditor General of India, iron ore was extracted in Chitradurga, Tumkur and Bellary districts in excess of the quantity approved in the mining plans from 2006-10. Iron ore worth INR ...
Tags: crore, Mineral, Metallurgy
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Tehran Would Export $12 Billion Worth of Goods to Iraq
Dec 27, 2012Iran’s Ambassador to Iraq, Hassan Danaeifar, says Tehran plans to export $12 billion worth of goods to Iraq by the end the current Persian calendar year (ending March 20, 2013), up from around $11 billion last year. ...
Tags: products, services, Exports, trade volume
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Emaar Properties Has Secured USD 500 Million in Financing From a Consortium of Banks
Dec 27, 2012Emaar Properties, Dubai’s largest developer, has secured USD 500 million in financing from a consortium of banks to be used to fund an upcoming project in Turkey. The facility signed with lenders including Standard Chartered, ...
Tags: Emaar Square project, leisure facilities, shopping mall, infrastructure
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GSI Has Made Significant Augmentation/Discoveries in Gold
Dec 27, 2012During the FS 2012-13, GSI has made significant augmentation/discoveries in Gold, Platinum, Rare Earth Element, Basemetal, Iron ore, Manganese, Phosporite, Limestone in the states of Rajasthan, Karnataka, Tamilnadu, Andhra Pradesh, Odisha ...
Tags: GSI, Iron ore, lignite, metal industry, India
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