China's rare earth industry suffered a sharp drop in profits in 2013 despite modest revenue growth, a report said. Industry revenue was close to 77 billion yuan (12.6 billion US dollars) last year, up 7.9 percent, but profits fell 28.1 ...
Tags: Rare Earth, Mineral
Australia's Kupang Resources said Friday it was waiting for approval from the Indonesian government to begin exporting manganese ore from its West Timor project following a ban imposed last month on exports of ore containing less than 49% ...
Tags: Manganese Ore, Indonesian Project, Mineral
Two Indiana coal companies have received state regulatory approval for new or extended mining operations that could produce an additional several million short tons of high-sulfur steam coal annually for the US electric utility market, a ...
Tags: Coal Production, 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
The first thorough comparison of evidence for natural gas system leaks confirms that organizations including the Environmental Protection Agency (EPA) have underestimated U.S. methane emissions generally, as well as those from the natural ...
Tags: Natural Gas
Shanxi, China's second largest coal producing province, accounted for more than one quarter of the country's total coal output in 2013, according to the Shanxi Coal Industry Bureau. China produced a total of 3.692 billion mt of coal in ...
Tags: Coal Output, 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 ...
Finnish mining and metal manufacturing equipment provider Outotec has issued its financial results for the fourth quarter and the full year 2013. Accordingly, in the fourth quarter the operating profit of Outotec decreased to €25.4 ...
Tags: Finnish mining, Mineral
Mechel, one of the leading Russian mining and steel groups, has reported successful tests of its new coal export terminal at Port Posiet in Russia's Primorye region. Modernization of the port's facilities will enable the company to ...
Tags: Export Terminal, Mineral
On February 17, Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group announced that its subsidiary Hebei Iron and Steel Group Mining Co. (Hebei Steel Mining) produced 694,600 mt of iron ore concentrate in January this year, ...
Tags: Iron Ore, Concentrate
Ukrainian mining and steel producing group Metinvest has announced that it has completed testing of high-strength and wearproof plates for lining the body of BelAZ dump trucks at its subsidiary Central GOK. Performance testing of ...
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
Finland-based steelmaker Ruukki has issued its financial results for the fourth quarter and the full year of 2013, reporting an operating profit of €8 million in the fourth quarter, compared to an operating loss of €34 million in ...
Tags: steelmaker, Ruukki
Colombian coal exports in 2013 dropped 1% on the year to 76.652 million mt, according to data late Friday from the country's statistics agency DANE. Colombia's 2013 export sales in 2013 fell 14% on the year to $6.687 billion FOB, DANE ...
Tags: Coal Exports, Mineral