Finnish mining and metal manufacturing equipment provider Outotec has issued its financial results for the second quarter and the first half of 2014. In the second quarter Outotec reported an operating loss of €300,000, compared to ...
Tags: Metallurgy, Mineral, Energy
Prices in China's domestic thermal coal market slumped dramatically in Monday's Asian trading session as the effect of Shenhua's cut to its thermal coal prices late last week and depressed buying interest among Chinese power plants took a ...
Tags: Thermal Coal, Coal Prices, coal
Russian steelmaker Severstal has announced that a class "A" mining license for iron ore mining in the Putu Mountain Range has been granted to Putu Iron Ore Mining Company Incorporated (PIOM), a Severstal subsidiary, by the government of ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
Ukrainian steelmaker Ilyich Iron and Steel Works of Mariupol (Ilyich), a subsidiary of Ukraine's largest vertically-integrated mining and steel group Metinvest, has stated that it has invested more than UAH 20 million ($1.68 million) in the ...
Tags: Metallurgy, Mineral, Energy, Steel, Iron
In the first half of the current year, Ukraine's coal mining output decreased by 0.5 percent year on year to 40.577 million mt, according to Ukraine's Ministry of Energy and Coal Industry. In the meantime, in the first six months of this ...
Tags: Coal Mining, Metallurgy, Mineral, Energy
Ukrainian steelmaker Ilyich Iron and Steel Works of Mariupol (Ilyich), a subsidiary of Ukraine's largest vertically-integrated mining and steel group Metinvest, has announced that it is investing more than UAH 52 million ($4.33 million) in ...
Tags: Metallurgy, Mineral, Energy, Steel
Evraz UGOK (Southern Ore Mining and Processing Enterprise), a subsidiary of Russian mining and steel producing company Evraz Group, has announced that in June this year its iron ore concentrate production increased by 7.3 percent year on ...
Tags: Metallurgy, Mineral, Energy, Steel
Villacero, Mexico's largest steel distributor, announced this week that it has signed an agreement with Finnish steelmaker Ruukki to distribute special steel products in Mexico, marking the 30th country in which the European firm has a ...
Tags: Metallurgy, Mineral, Energy
Swiss-headquartered resources company Ferrexpo, whose main interests are in Ukrainian iron ore assets, has announced that in the second quarter of the current year its overall iron ore pellet production decreased by 5.3 percent year on year ...
Tags: Metallurgy, Mineral, Energy, Iron Ore, Steel
In the January-June period this year, Ukraine-based Azovstal, a subsidiary of Ukraine's largest vertically-integrated mining and steel group Metinvest, saw a 10.6 percent decrease in its crude steel production to 2.040 million mt and a 17.3 ...
Tags: Metallurgy, Mineral, Energy
South Korean steelmaker POSCO and China-based Chongqing Iron & Steel have signed a memorandum of understanding for a $3.3 billion investment in China, according to media reports. The agreement will cover POSCO's own steelmaking technology ...
Tags: Metallurgy, Mineral, Energy, Iron, Steel
Veeco Instruments Inc of Plainview, NY, USA has formed a strategic partnership with Rudolph Technologies Inc of Flanders, NJ, USA, which provides defect inspection, process control metrology, and data analysis systems and software. The ...
Tags: Electrical, Electronics
Will Google ever be a healthcare company? The answer to that question appears to be "not really," based on the tenor of a recent interview between Larry Page and Sergey Brin and investor Vinod Khosla. In that conversation, Khosla hinted ...
According to BQ's annual report, Turkmenistan has proven gas reserves is 17.5 trillion cubic meters, and it is the fourth largest in the world. The top three are Iran, Russia and Qatar. But the gas mining level of Turkmenistan lags far ...
Tags: Gas, Metallurgy, Mineral, Energy
China's coal mining and washing industry reported profits falling 43.9% year on year to Yuan 51.26 billion ($8.3 billion) during the first five months of this year, mainly due to sagging coal prices, data from the National Bureau of ...
Tags: Coal Mining, Washing Industry