According to South Africa-based Kumba Iron Ore, subsidiary of Anglo American, South Africa's constitutional court has ruled that only Kumba Iron Ore can apply for the remaining 21.4 percent mining right in Sishen iron ore mine. Kumba, ...
Tags: Iron Ore, Metallurgy, Mineral
China's iron ore imports have been decelerating since 2011, and that trend is set to continue next year with estimated growth of 6.25 percent, said an industry expert on Friday. China will import 850 million metric tons of iron ore in ...
Tags: Iron Ore, Metallurgy, Mineral
Iron ore prices are not expected to show any significant decline in the short term, said Sevkinaz Alemdar, Turkish integrated steel group Erdemir's purchasing coordinator, at the 8th SteelOrbis Turkish Steel Market Conference held in ...
Australian miner BHP Billiton has announced that it will invest $301 million to replace two shiploaders at its Nelson Point port operations in Port Hedland in the Pilbara region of Western Australia. This investment will also help ...
Tags: BHP, Billiton, invest, million, iron ore, port, capacity
ArcelorMittal South Africa has announced that it has signed a new iron ore supply agreement with Kumba Iron Ore which will regulate the sale of up to 6.25 million mt per year of iron ore by Sishen Iron Ore Company (SIOC) to ArcelorMittal ...
Tags: Iron Ore, Metallurgy, Mineral
US Steel Corp announced Tuesday that it will permanently shut down operations at its Hamilton, Ontario, mill at the end of this year. The integrated mill, which had an annual capacity of 2.3 million tons before it was idled in 2010, will ...
Tags: steel, Metallurgy, Mineral
ArcelorMittal South Africa has announced that the company is in talks to discuss a new supply agreement for iron ore from Anglo American subsidiary Kumba Iron Ore's Sishen and Thabazimbi mines, to ensure long-term stability and security of ...
Formosa Hatinh Steel Corporation, one of the steel manufacturing complex of Taiwan's Formosa Plastic Group, its first blast furnace will start its official operation in 2015. In order to secure the iron ore supply chain to stay firmly for ...
Tags: Construction, steel
Recently, Baosteel Group Co., Ltd. chairman Xu Lejiang and his retinue attends 2013 International Iron and Steel Association Council special session and Executive Committee 49th meeting held in Vienna, Austria. During the meeting, Xu ...
Tags: Metallurgy, Mineral, steel
Essar Steel Minnesota LLC (ESML) announced Monday that it has entered into a long term iron ore pellet off-take agreement with ArcelorMittal USA. The term of the agreement is 10 years and the supply of pellets is expected to commence during ...
Tags: Essar Steel, Iron Ore, Mineral
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
Kumba final results for the year ended 31 December 2011.Record safety,exports,earnings and dividends. Commenting on the results,Kumba Iron Ore("Kumba")CEO Chris Griffith said:"Driven by export volume growth and a 26%increase in iron ...
Tags: Kumba final results, operating, saftey, marketoutlook
Business Standard reported that iron ore starved steel industry in and around Karnataka might have to wait for a longer period to get smooth supply of key raw material for its blast furnaces as the opening of Category B mines, which contain ...
Tags: starved steel industry, iron ore, raw material, mining
Prosperity Minerals said that all parties have now agreed to proposed changes to its parent company's proposal to buy All Wealthy Capital. All Wealthy Capital has a 70% stake in Billion Win Capital, which owns a Malaysian iron ore ...
Tags: Minerals, iron ore, iron ore operation, iron, ore
Labor problems and low prices have platinum mines closing up shop in South Africa, and the potential for acquisitions is ripening. Senior Mining Analyst and Managing Director at Stifel Nicolaus in Toronto, George Topping believes that ...
Tags: Finance, Rare Earth, Metallurgy