Shanghai based SAIC Motor Corp China's largest publicly traded automaker reported it sold 4.49 million vehicles last year, a 12% increase from 2011. The figure includes 1.39 million units sold by Shanghai General Motors and 1.28 million ...
Tags: Saic Sales, Local Brands, SAIC Motor Corp
Commissioning of the Perkoa zinc project in Burkina Faso is nearing completion, first test concentrates are being produced and about 70,000t of run-of-mine ore have been stockpiled. The first concentrate shipment is due to sail during Q2 of ...
Tags: Perkoa Zinc Project, Burkina Faso, Mineral
Recently,Baosteel Engineering&Technology Group and Liyang Municipal Government,Jiangsu Province sign housing industrialization project cooperation agreement.The two sides will work together to build China's most competitive national green ...
China National Petroleum Corp announced two major overseas acquisitions in mid-December as the oil giant continued its accelerated pace of global expansion. State run CNPC said December 12 it would buy a 10.2% stake in the Browse ...
Bellzone Mining has made its first shipment of iron ore from the Forecariah joint venture in the Republic of Guinea. Bellzone’s CEO Mr Glenn Baldwin said the shipment of 63,000 tonnes on December 26 was made before the company's ...
Tags: Bellzone Mining, shipment, iron ore, JV
Gazprom and NOVATEK have extended the Memorandum of Cooperation signed this April until February 1st 2013. According to the document, Gazprom and NOVATEK address possible establishment of joint ventures to build up integrated capacities on ...
Tags: Gazprom, Novatek Extend Memorandum, liquefied natural gas production.gas
According to report, South Korea’s Posco and Taiwan’s China Steel Corp (CSC) said they will purchase a 15% stake in Canadian iron ore and pellet producer owned by ArcelorMittal by US$ 1.1 billion. It is joint venture with ...
Tags: South Korea, Posco, Taiwan, CSC, iron ore, ArcelorMittal
Google executive chairman Eric Schmidt will join a humanitarian trip to North Korea that may take place as early as this month. Google Executive Chairman Eric Schmidt's trip to North Korean is called personal although he will travel ...
Tags: Google, executive chairman, Eric Schmidt, North Korea
A further step towards the development of the planned High Speed 2 north - south high speed rail network came on December 24, when the government’s development company HS2 Ltd announced the award of framework contracts covering ...
Tags: High Speed 2, rail network, environmental service, UK
ArcelorMittal announced that it has entered into an agreement pursuant to which ArcelorMittal’s wholly owned subsidiary ArcelorMittal Mines Canada and a consortium led by POSCO and China Steel Corporation will enter into a joint ...
Tags: ArcelorMittal, agreement pursuant, ArcelorMittal Mines Canada, steel
Chinese steelmaker Echeng Steel and China Pingmei Shenma Group, a state owned coal producer based in Henan province, have reportedly set up a joint venture in Hubei province. Industry sources said that both sides have a 50% stake in ...
Tags: Echeng Steel, Pingmei Group, coal, coke
Alicanto Minerals has signed a share purchase agreement with Takara Resources to acquire all of the shares in its wholly owned subsidiary StrataGold Guyana. StrataGold Guyana owns the Arakaka and Tassawini Gold Projects,which span 550 ...
Indonesian state steelmaker Krakatau Steel on Wednesday signed a joint venture agreement with Japanese company Nippon Steel & Sumitomo Metal Corporation to build a steel plant that will supply the domestic automotive industry. The joint ...
Tags: Krakatau Steel, Auto Industry
London-listed Bellzone Mining has announced that it made the first iron ore shipment from the Forecariah joint venture in the Republic of Guinea, West Africa on December 26, 2012. The 63,000 mt iron ore shipment from the port of Konta was ...
Tags: London, Bellzone Mining, iron ore shipment, Forecariah joint venture
On December 31, Hubei Province-based major Chinese steel producer Wuhan Iron and Steel Group (WISCO) announced that its Quebec, Canada-based iron ore mining joint venture, Bloom Lake Mine, achieved an annual profit of RMB 350 million ($56 ...
Tags: WISCO, iron ore mining, joint venture, Bloom Lake Mine, annual profit, 2012