Australia-based Aquila Resources Limited has announced that it has received a A$1.42 million takeover offer from Baosteel Resources Australia Pty Ltd (Baosteel) and Australian rail and logistics company Aurizon Operations Limited (Aurizon) ...
Tags: Baosteel, Aurizon, Aquila Resources
In April this year, iron ore shipments from Australia's Port Hedland increased by 1.13 percent compared to March and were up 33.89 percent year on year, totaling 34.82 million metric tons. According to the information released by Port ...
Tags: Iron Ore, iron ore shipments
Rates and sentiment on the iron ore freight market got a boost Friday after Bocimar International NV was heard taking at least six ships in the Atlantic over the May Day holiday in Asia, putting an end to the downward spiral in Capesize ...
Tags: Iron Ore, freight market
Indian miner Sesa Sterlite has announced its financial results for the full financial year 2013-14 ended March 31, reporting a net profit of INR 123.5 billion ($2.05 billion), down 15.5 percent compared to the previous financial year. In ...
Tags: miner, Sesa Sterlite
Australia-based miner Rio Tinto has announced that it has filed a complaint in the US District Court for the Southern District of New York against Brazil-based miner Vale and BSG Resources Limited regarding mining concessions in Guinea. ...
Tags: Rio Tinto, mining license
Ternium S.A. reported Wednesday that first-quarter net income increased to $150.0 million from $129.3 million in the previous year. Net sales increased to $2.149 billion from $2.136 billion in the same quarter of 2013, primarily from ...
Tags: iron ore, Steel shipments
Sweden-based mining and exploration company Dannemora Mineral has issued its financial results for the first quarter this year, registering a net loss of SEK 84.75 million ($13 million), compared to a net loss of SEK 133.86 million in the ...
In the first quarter of the current year, China's production of pig iron, crude steel and finished steel amounted to 179.71 million mt, 202.70 million mt and 261.41 million mt, respectively, up 0.14 percent, 2.37 percent and 5.3 percent ...
Tags: Steel Output, Crude Steel
According to the information released by , the port e The milestone was achieved on the morning and evening tide on April 28, resulting in a total of 2,028,105 mt exported. As a result, Port Hedland managed 24 vessel movements in the ...
As of April 28, inventory of iron ore at 33 major Chinese ports amounted to 108.31 million mt, down 100,000 mt or 0.09 percent compared to the inventory level recorded on April 21, as announced by China's Xinhua News Agency. As of the ...
Tags: Iron Ore, spot market
BC Iron reported Monday a 9% increase in iron ore exports over January-March to 1.22 million mt from its Nullagine 75:25 joint venture with Fortescue Metals Group from 1.12 million mt a year earlier. The exports were, however, down 20% ...
Tags: Iron Ore, iron ore exports
According to a report released by the German Federal Statistical Office (Destatis), in March of the current year the import price of iron ore in Germany decreased by 11 percent year on year and was down seven percent month on month. In ...
Tags: Iron Ore, Import Prices
Brazilian miner Vale has announced that the Republic of Guinea has revoked the mining licenses for the Simandou and Zogota iron ore projects due to a technical committee report indicating that the mining licenses were obtained by Vale's ...
China's steel sector is exhibiting stronger mill margins and sentiment in April that may soon lead producers to "step up purchases of both iron ore and coking coal," Macquarie Bank said Friday. Mill inventory of iron ore is stable while ...
Tags: Steel Mills, Iron Ore
Anglo American said Thursday that it increased output of iron ore and metallurgical coal in the first quarter ended March 31, mainly due to a ramp-up in operations. Iron ore production rose 10% year on year to 11.3 million mt on increased ...
Tags: Iron Ore, Coal Output