According to the National Bureau of Statistics of China the country's fixed-asset investment in the mining industry reached $211 billion (CNY 1,312.9 billion) in 2012, an increase of 11.8% over 2011. Fixed-asset investment in coal mining ...
Tags: China, mining industry, 2012
Global steelmaking and mining giant Evraz Group S.A. has announced that its crude steel output amounted to 3.67 million mt in the fourth quarter of 2012, decreasing by 5.9 percent quarter on quarter and by 11.1 percent compared to the same ...
Tags: crude steel output, crude steel, steelmaking
As previously communicated, in the face of increasingly difficult domestic trading conditions for its soda ash business, Penrice Soda Holdings Limited has been conducting a strategic review of its entire chemicals business to improve its ...
Tags: Penrice, JV, Soda Ash Distributor
One of Canada's leading manufacturers of fiberglass for window and door frames has been reborn one year after fire destroyed its predecessor. Omniglass SCT began work on new fiberglass pultruded frames and components in November 2012, at ...
Tags: window frame, door frame, fiberglass
Rockwell Automation has extended the ratings of its Allen-Bradley PowerFlex 755 AC drives to 1500 kW/2,000 Hp, completing the power range of the PowerFlex 750-Series portfolio and providing customers with a wide selection of options and ...
Tags: Rockwell Automation, power range, high-power drive, company news
Finland-based nickel and zinc miner Talvivaara Mining Company Plc announced on January 16 that it has for 2012, achieved its production target with its full year production totaling 12,916 mt of nickel, in line with the company's most ...
Tags: Talvivaara Mining, Nickel, Output, 2012
The Jamaican government has announced the discovery of an abundance of rare earth minerals in its soil by a team of Japanese scientists. AP reports that Philip Paulwell, Minister of Science, Technology, Energy & Mining, has informed ...
Tags: Rare Earth Minerals, Metallurgy, Mineral
China Nonferrous Metal Industry's Foreign Engineering & Construction Co., a subsidiary of Chinese state-owned metals company China Nonferrous Metal Mining (Group) Co., has announced that on January 13 it signed a $712 million dollar ...
Tags: steel plant, Metal Industry, steel
Reportedly, India’s Jindal Steel & Power Ltd (JSPL) will continue talks with two other African miners while ending talks with Afferro Mining Inc. after assessing its Cameroon iron ore reserves. JSPL is estimated to invest as much as ...
Tags: Jindal Steel, India, JSPL, African miners
Colombian Minas Paz del Río (PDR), a subsidiary of Brazilian steelmaker Votorantim Siderurgia, plans to make investments to increase met coal output. The company extended two contracts with Colombia's mining and energy ministry and ...
Tags: PDR, steelmaker, Votorantim Siderurgia, coal
The Australian sharemarket had its strongest day in almost two weeks yesterday, outstripping minor gains on Wall Street as strength in healthcare stocks, banks, telecommunications and consumer discretionary companies offset a drop among ...
Tags: Australia, sharemarket, Wall Street
On January 16, Russia-based steelmaking and mining giant Evraz announced that it has completed the acquisition of a 50 percent stake in Corber Enterprises, which holds an 82 percent interest in Raspadskaya Coal Company (Raspadskaya), one of ...
Tags: teelmaking, mining, Evraz, Raspadskaya
Ukraine exported 20.711 million tons of steel products in the first 11 months of 2012, falling by 5.3% year on year, according to statistics released by the metal trading enterprise Ukrainian Mining and Metallurgical Company (UGMK). In ...
Tags: steel products, steel products export, steel
Poor weather at Qinhuangdao and other coal export ports in northeast China have impeded some coal shipments to power plants along the Asian country's coastline, but well-covered Chinese end users were refraining from panic buying in the ...
Tags: Qinhuangdao, coal shipments, coastline
The Australian sharemarket closed half a per cent higher, buoyed by the big banks and a major restructure by Boral, one of the nation's biggest manufacturers. At the close today, the benchmark S&P/ASX 200 index was 21.8 points, or 0.46 ...
Tags: Stocks, Australian sharemarket, share price