Australia-based miner Latin Resources has announced that it has acquired the Borborema iron ore project from Anglo-Australian mining giant Rio Tinto for $200,000. The iron ore project, located in Brazil, is close to the coast with ...
Tags: Latin, resource, acquire, Brazilian iron, ore, project, Rio Tinto
In the first 10 months of the current year, China's crude steel output amounted to 652.48 million mt, up 8.3 percent year on year, as announced by China's National Development and Reform Commission (NDRC) on November 26. The growth rate in ...
Tags: China, crude steel, output, up, Jan-Oct
Australian iron ore development company BC Iron has said that stronger iron ore prices and lack of decline in Chinese steel production, typically associated with the December quarter, supports a robust long-term iron ore outlook. ...
Tags: BC, iron, Chinese, fundamental, support, long-term, outlook
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
International credit rating agency Moody's has announced that it has raised the European steel industry outlook to stable from negative given the improving fundamentals in the European steel industry, reflected by slight growth in euro area ...
Tags: Moody, lift, European steel, industry, outlook, stable
Stockpiles of iron ore at 25 major Chinese ports increased last week, according to Tuesday's Xinhua-China iron ore index report. At the end of the Nov. 19 to Nov. 25 period, inventories of imported iron ore in ports stood at 81.11 million ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
The metals giant Sinosteel has already invested US$1.4 billion in West Australian Oakajee iron ore project in order to revive steel industrial in Australia. For more than twenty years, miners tried hard to develop a port near Geraldton ...
Tags: Chinese, Sinosteel, Australian, mining, project
According to the statistics provided by the Turkish Statistical Institute (TUIK), in the first nine months of the current year Turkey's iron ore imports amounted to 6.16 million mt, increasing by 4.66 percent, with a value of $878.17 ...
Tags: Iron Ore Imports, Mineral
Russia-based leading global iron ore and hot briquetted iron (HBI) producer Metalloinvest has announced that its integrated iron and steel plant Ural Steel and German wheel producer Mefro's Russia plant have agreed to extend their ...
Tags: Metallurgy, Mineral, Flat Rolled Products, Automotive Wheels
Russian mining and steel producing company Evraz Group has announced that it has signed a memorandum of understanding with Ruda Khakasii agreeing the acquisition by Ruda Khakasii of 100 percent of Abakanskiy Rudnik, Abaza-Energo, Teyskiy ...
According to statistics released by Japan's Ministry of Finance, Japan's iron ore imports totaled 11.3 million metric tons in September this year, falling by 1.45 percent month on month and up 17.5 percent compared to September 2012. ...
Ukrainian mining and steel producing group Metinvest has announced that in its results for the third quarter and the first nine months of the current year that its crude steel production increased by two percent to 3.2 million mt in the ...
Tags: Crude Steel, Mineral
It’s reported that the Taiwanese single rerolling mills are going to release list prices for wire rod for December recently. Market participants expected that the single rerolling mills might keep wire rod list prices flat for ...
Tags: taiwan, Single Rerolling Mills, Wire Rod
Brazil's October iron ore exports to China totaled 18.82 million mt, up 24% from September, Secretary of Foreign Trade data showed Wednesday. The growth placed China's share of Brazil's total iron ore exports at 58%, up from 52% in ...
Tags: Ore Shipments, Mineral
Indian miner Vedanta Resources has announced its financial results for the first half ended on September 30 of the financial year 2013-14. While Vedanta's profit after tax amounted to $243.4 million, falling 74.2 percent compared to the ...