Fortescue Metals Group has kicked off the federal government approval process for an ambitious multi billion dollar magnetite iron ore operation south of Port Hedland that it says can produce 15 million tonnes of product a year for 45 ...
Tags: Fortescue Metals Group, iron ore, magnetite project, project
It is reported that coal and iron ore shipments are leading an 8% and a half percent increase in tonnage through the St Lawrence Seaway’s Montreal to Lake Ontario section this year over last. According to figures from the St. ...
Tags: iron ore, coal, Lake Ontario, ship traffic
Business Recorder reported that a four member delegation of Pakistan Steel Mills is proceeding to Tehran via Dubai on December 22nd to explore avenues of barter trade, ie, iron ore in lieu of wheat as federal government has given its ...
Tags: Pakistan Steel Mills, iron ore, steel market, steel
As per latest reports from Black Sea, the CIS steel export market is already turning into vacation mode and prices are rather stable. Billet price is fluctuating around SD 510 per tonne to USD 515 per tonne FOB Black Sea. Finished ...
Tags: Steel Price, India, steel, steel market
ABC News reported that a West Australian company has been granted a lease to mine iron ore in Tasmania's Tarkine region on the west coast. Venture Minerals said that it is a significant step towards building the project at Riley Creek, ...
Tags: iron ore, mining, mining project, Australia
A new online report from McKinsey & Company claims that commodities prices are destined to rise higher and become more volatile as demand from emerging markets comes more prominently into play. According to the report the economic growth ...
PTI cited government auditor CAG as saying that iron ore miner NMDC has suffered INR 745.94 crore revenue loss during 2007-10 for not revising the domestic prices of the steel-making raw material in line with prevailing market rates, due to ...
Tags: miner, iron ore, steel-making raw material, Steel Mills
China is restricting the export of rare earths to protect its environment, said Su Bo, vice-minister of industry and information technology at a news conference in Beijing on Wednesday. Su released a white paper, Situation and Policies of ...
Tags: Rare Earth, China, rare earth mining, rare earth products
Resource nationalism is one of the main causes of the current commodity prices instability and it is threatening global security, warns London-based Chatham House in its latest report. The think-tank highlights the effects of a recent ...
Tags: Resource, miners, resource asset, bauxite
Black Iron Inc has filed a National Instrument 43-101 compliant technical report dated December 17th 2012 titled Feasibility Study of the Shymanivske Iron Ore Deposit for Black Iron Inc. The Report contains a comprehensive mine to port ...
Tags: Black Iron Inc, National Instrument, comprehensive mine, Iron Ore
PTI reported that the National Green Tribunal has sought replies of the Union and the Odisha governments and Essar Steel to a plea accusing the firm of drawing water from Baitarani River without forest clearance to facilitate iron ore ...
Tags: National Green Tribunal, Essar Steel, iron ore, iron industry, steel
Regent Pacific Group Ltd, the investment company that made an unsuccessful bid for BC Iron Ltd. last year, said that it may sell its 20% stake in the Australian iron ore producer to buy stakes in other miners. According to a statement ...
Tags: Regent Pacific Group Ltd, BC Iron Ltd, iron ore producer, Iron
Northland Resources SA welcomes the decision by the Swedish parliament to initiate a study with the objective of constructing a rail line between Kaunisvaara and Svappavaara in northern Sweden. A rail line means cost efficient transports ...
Reuters reported that South Africa is drawing up laws to force platinum and iron ore miners to sell "small amounts" of production to local processors at a discount to diversify its economy. Mr Lionel October director general of the ...
Tags: platinum, iron ore miners, domestic metal, South Africa
En.for-ua.com reported that steelmaking production in Ukraine in 2013 will grow by 3% compared to the expected performance of this year up to 33.7 million tonnes. Director of the Ukrpromvneshekspertiza Centre Mr Volodymyr Vlasyuk told a ...
Tags: steelmaking production