The Aluminum Corporation of China's 2013 alumina and refined aluminum production costs fell by 9% and 5%, respectively, year on year, the Hong Kong-listed producer said in its annual report filed with the Hong Kong Stock Exchange late ...
Tags: Aluminum Production, Mineral
Australia's IMX Resources said Monday it will end iron ore shipments from its Cairn Hill mine in South Australia over October-December, a quarter earlier than expected. The company said it moved up the timing from January-March 2015 after ...
Iron ore blast furnace pellet premiums rose further in March as some steelmakers were said to have agreed quarterly pricing for Q1 around the low $40s/dry mt, and leave open the opportunity to renegotiate for lower pricing later this year. ...
Tags: Iron Ore, Pellet premiums
Sao Paulo, Brazil-based iron ore mining company and flat rolled steel producer Companhia Siderurgica Nacional (CSN) has announced its financial results for the fourth quarter and the full year of 2013. In the fourth quarter, CSN ...
Brazil-based miner Vale has announced its financial results for the fourth quarter and the full year of 2013, reporting a net loss of $6.45 billion, compared to a net loss of $2.61 billion in the same quarter of the previous year, as a ...
Australian iron ore development company BC Iron has announced its fiscal results for the first half ending December 31 of the financial year 2013-14, posting a net profit of A$70.3 million, significantly increasing compared to A$7.7 million ...
Xinchuang Li, deputy secretary general of the China Iron and Steel Association (CISA), has stated that the issue of overcapacity in China's steel industry has become very serious, while adding that slow economic growth and economic ...
Tags: Steel Industry, Overcapacity
Australian miner BHP Billiton has announced that it has suspended production at its smallest iron ore mine Yarrie in Western Australia as an additional productivity measure, until further notice. The company said that the employees at the ...
Australian iron ore miner Atlas Iron Limited has announced its financial results for the first half ending on December 31 of the financial year 2013-14. According to the results, in the given period Atlas recorded a net profit of A$74 ...
Tags: Iron, net profit, iron ore shipments
Australia's Atlas Iron said Tuesday it would double production at its Mt Webber mine in north Pilbara to 6 million mt by the end of the December quarter, now that the board has approved development of the project's second stage. ...
Tags: Atlas Iron, Mineral
Indonesian thermal coal exporters are now required to produce a certificate clearing the miner to produce coal before they ship material overseas, a government official said. The latest move is the second regulatory obstacle encountered ...
Tags: Coal Exporters, Regulatory Hurdle
Capesize iron ore freight rates fell across most routes Thursday, as charterers took advantage of a relatively quiet trading day to press rates down in the Pacific. Fixture activity in the Pacific slowed Thursday after a flurry of ...
Tags: Iron Ore, Limited Fixtures
Iron ore supply may exceed demand growth rates in China later in 2014 as the nation has recorded slow steel production rates since the start of the year and is currently operating at an annualized rate of 730 million mt, BHP Billiton CEO ...
Russia-based leading global iron ore and hot briquetted iron (HBI) producer Metalloinvest has announced that its integrated iron and steel plant Ural Steel saw its crude steel production in the fourth quarter last year decrease by 7.6 ...
Tags: Crude Steel, Ural Steel, Mineral
Australian iron ore miner Fortescue Metals Group has announced its financial results for the first half of the financial year 2013-14 ended on December 31. During the half year, Fortescue's net profit amounted to US$1.72 billion, compared ...