ABC News reported that iron ore miner Grange Resources remains committed to its multi billion dollar Southdown magnetite project on WA's South Coast, despite announcing major job and expenditure cuts. Grange Resources said that its ...
Tags: Grange Resources, magnetite, iron ore
Kumba Iron Ore has declared a general amnesty for the approximately 300 employees who have not yet returned to work after an unprotected and unlawful industrial action in October at Sishen Mine in the Northern Cape and whose employment was ...
Tags: Kumba Iron, Iron Ore, employment
The Australian reported that construction of a new rail line through Western Australia's resource rich Pilbara region could drive down iron ore prices and force out of business the very mines the network would unlock, an exhaustive analysis ...
Tags: Pilbara, iron ore, BHP Billiton
People Daily Online reported that demand for steel in China is expected to rise 4.1% in 2013, as the nation's economic growth gets back on track. The 2013 China Steel Demand Forecast also predicted a decline in iron ore prices due to ...
Tags: 2013 China Steel Demand, demand for steel, Crude steel output
According to a report released by the German Federal Statistical Office, in October 2012 the import price of iron ore decreased by 39.5% YoY in Germany, while it was up by 10.9% a, compared to September 2012. In October, the import price ...
Tags: iron ore, nickel, ferroalloys
AAP reported that iron ore miner Fortescue Metals has sought to reassure shareholders that the economic credentials of its biggest customer, China, remain sound following the country's recent leadership transition. Mr Nev Power CEO of ...
Tags: iron ore, Fortescue Metals, iron ore miner
According to Deutsche Bank AG, BHP Billiton Ltd, the world's biggest mining company may attract investment of USD 2 billion from fertilizer makers as well as sovereign wealth funds in its Canadian potash project. Deutsche analysts Mr ...
Tags: BHP Billiton, Deutsche Bank, mining company
According to the China Metallurgical Industrial Planning and Research Institute, in 2013, China's pig iron output and iron ore demand are foreseen to total 694 million tonne and 1.11 billion tonne respectively, compared to the respective ...
Tags: iron ore, CMIPRI, crude steel
Hindustan Times reported that the state might have earned more than INR 3,000 crore in royalty from mining in 2011-12 as per government records and has lost almost double that amount to illegal mining. HT traveled across the state to ...
Tags: illegal mining, iron ore, mining
Business Standard cited Mr Sushim Banerjee director general of INSDAG as saying that iron ore shortage will hit the industry hard but the steel industry did not pay attention to beneficiation or pelletization, which could enable it to use ...
Tags: Iron Ore Shortage, pelletization, beneficiation, ore's grade, Iron Ore
November heralds the beginning of price retracing as the winter sets in and 2012 draws to close. Irrespective of some glimmer in HSBC PMI index climbing to 50.4 this week in 13 months fragility of demand and global economy continues to ...
Magnetation LLC announced today that it has selected Reynolds, Indiana as the site to build its new iron ore pellet plant. The new facility will produce high-quality iron ore pellets, a critical raw material in the steelmaking process. ...
II. Economy i. GDP In 2005, the GDP in Ningxia was 59.94billion Yuan, among which the output value of first industry has increased 6.978 billion Yuan, the secondary industry 27.782 billion Yuan, and the tertiary industry 25.18 billion ...
Tags: Ningxia, business, introduction to Ningxia, Ningxia economy, survey
Iran Daily reported that existence of huge iron ore, coal and natural gas reserves has provided the potential for Iran to become one of the world's major crude steel producers. Currently, 8 steel projects are underway in different parts ...
There is no proposal at present to ban export of iron ore. Considering the fact that the country has sufficient resources of iron ore at 28.4 billion tonnes and the fact that iron ore fines has limited use in the country, the export of iron ...
Tags: Iron Ore, mineral, Mineral Policy