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 ...
Farstad Shipping has been awarded the following charter contracts: Statoil has declared their one year option to extend the contract for the PSV Far Serenade (2009, UT 751 CD, 5,944 DWT). Saipem has declared their one year option to ...
A privately-funded rail freight bypass of outer western Sydney is opposed by the NSW and Australian governments. Operating between Glenfield and Newcastle, the bypass line is commercially viable when used for railing containers between a ...
Tags: rail freight, container terminal, Allocating rail capacity
First production from the Papua New Guinea LNG project is now expected in the third quarter of this year, Australian joint venture partner Santos said Friday as it reported its financial results for 2013. Santos holds 13.5% of the ...
Tags: LNG project, Mineral
Around a quarter of Australian metallurgical coal is sold on a spot basis following a significant increase in production and the fact that the primary buyer, China, prefers short-term pricing, an analysis of Platts data and a survey of ...
Tags: Coal Market, Spot Pricing
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 ...
McLaren Automotive will return to the International Geneva Motor Show this year with its fastest, most engaging, best equipped and most beautiful series-production supercar yet. The McLaren 650S joins the range as an additional model ...
Australian mining company BHP Billiton has announced its financial results for the half year ended December 31, 2013. According to its financial statement, BHP Billiton posted a net profit of US$8.1 billion for the first half of the ...
Tags: BHP Billiton, mining
Following its global debut almost exactly one year ago in Geneva, new international car brand, Qoros, presents the world premiere of its second series production car, the new Qoros 3 Hatch, at the 2014 Geneva International Motor Show. ...
Tags: Qoros, Auto Parts
In January of the current year, manganese ore shipments from Australia's Port Hedland totaled 96,393 metric tons, decreasing by 23.07 percent from 125,291 metric tons in December and down 52.33 percent compared to the same month of 2013, ...
Tags: manganese ore, Metallurgy, Mineral
In January of the current year, iron ore shipments from Australia's Port Hedland decreased by 4.20 percent compared to the previous month and were up 27.74 percent year on year, totaling 28.23 million metric tons. According to the ...
Tags: iron ore, Metallurgy, Mineral, Iron
Australia's Western Areas Monday upgraded its nickel in ore production guidance by around 4% to 27,000 mt for fiscal year 2013-2014, from 25,000-26,000 mt previously. Production guidance for nickel in concentrate has also been revised up ...
Tags: Nickel Output, Nickel
Nam Cheong makes strong start in new year with contract win for five Vessels worth us$70 million Tuesday, Jan 28, 2014 Nam Cheong Limited ("Nam Cheong", or together with its subsidiaries, the "Group"), a leading global offshore marine ...
Tags: Nam Cheong, SGX, ERRV, AHTS
Commission encourages Chinese steelmakers to boost global footprint Chinese steelmakers that have lost money because of volatile global iron ore prices should invest more in foreign mineral resources to gain greater pricing power, the ...
Tags: NDRC, Chalco, steelmaker, persist