Australia-based Rio Tinto, the world's second biggest iron ore producer, has announced that it has reached an agreement to sell its coal business in Mozambique, which comprises the Benga coal mine and other projects in Tete province, to ...
Tags: Rio Tinto, agreemengt, Coal Business
ArcelorMittal’s Lázaro Cárdenas steel plant expects to close 2014 with a production of about 4 million tons of crude steel, of which about 1.2 million tons will comprise finished products--rebar and wire rod--according ...
Tags: ArcelorMittal, Lázaro Cárdenas steel, close
Australian iron ore giant Rio Tinto has announced its financial results for the first half of 2014, posting a net profit of US$4.4 billion in the given period, increasing from a net profit of US$1.7 billion in the same period of the ...
In July this year, iron ore shipments from Australia's Port Hedland increased by 7.39 percent compared to June and were up 35.59 percent year on year, totaling 36.08 million metric tons. The figure constitutes a 4.8 percent rise from Port ...
Mechel, one of the leading Russian mining and steel groups, has announced that in the first half of this year its crude steel output decreased by 17 percent to 2.127 million mt, while its pig iron output declined by five percent to 1.9 ...
Tags: Mechel, announce, crude steel output
International credit rating agency Fitch Ratings has affirmed Brazil steelmaker Gerdau’s rating at BBB-, with a stable perspective, it said recently. The rating is based on Gerdau’s “position as the leading ...
Tags: Brazil, Fitch Ratings, Metallurgy, Mineral
Australian iron ore miner Fortescue Metals Group has announced that its iron ore shipments in the fourth quarter ending June 30 of the financial year 2013-14 totaled 38.7 million mt, increasing by 55 percent year on year and indicating a ...
Tags: Fortescue, iron ore, Metallurgy, Mineral
Brazil steelmaker Gerdau has welcomed the idea of a regional bank that could connect the BRIC (Brazil, Russia, India, China) nations, an executive told reporters recently. According to Gerdau’s CEO, Jorge Gerdau Johanpeter, the ...
Tags: Brazil, Gerdau, Metallurgy, Mineral
UK-based London Mining, a global diversified miner targeting the steel sector, has announced its operational results for the second quarter of the current year. In the second quarter, London Mining produced 1.16 million wet mt of iron ore ...
Tags: UK, Mining, Metallurgy, Mineral
UK-based mining giant Anglo American Corporation has announced its production results for the second quarter of the current year. In the given quarter, iron ore production from Kumba Iron Ore increased by two percent year on year to 11.5 ...
Tags: UK, Iron Ore, Metallurgy, Mineral
Toronto, Ontario-based iron ore producer Labrador Iron Mines Holdings Limited (LIM) has announced its financial results for the first quarter ended on June 30 of the financial year 2014-15. LIM reported a net loss of C$4 million in the ...
Tags: Iron Mines, Mineral
Australian iron ore miner Atlas Iron Limited has announced that it has officially opened its Mt Webber iron ore mine in Western Australia's Pilbara region. The official opening follows the start of mining activity in December 2013 and ...
Tags: Australian, iron ore, Metallurgy, Mineral
As of July 14, inventory of iron ore at 33 major Chinese ports amounted to 113.72 million mt, down 1.05 million mt or 0.91 percent compared to the inventory level recorded on July 7, as announced by China's Xinhua News Agency on July 15. ...
Tags: China, Iron Ore, Metallurgy, Mineral
Oskol Metallurgical Plant (OEMK), a subsidiary of the Russian iron ore and steel producing company Metalloinvest Holding (Metalloinvest), has announced that in the January-June period this year it shipped 1.5 million mt of rolled steel ...
Tags: OEMK, Rolled Steel, Metallurgy, Mineral
On July 14, the China Iron and Steel Association (CISA) announced that in June this year China's Ministry of Commerce (MOC) issued iron ore import licenses for a total of 104.9787 million mt, up 5.34 percent month on month, valued at ...
Tags: China, iron ore, Metallurgy, Mineral