In the January-August period of the current year, total fixed asset investments (excluding rural households) in China amounted to RMB 30.5786 trillion ($4.96 trillion), up 16.5 percent year on year, as announced by China's National Bureau ...
BASF will expand the manufacturing plant for its LIX® product range at its Cork site, Ireland. An investment is underway with production scheduled by end of 1Q, 2015. The LIX product range of Solvent Extractants is used for ...
Tags: Production Capacity, LIX Product
Brazilian mining and iron ore producer Vale is selling its oil and gas assets to focus solely on iron ore, local Brazilian reports said. According to media reports, one the remaining upstream oil and gas licenses Vale had was now sold to ...
Tags: Oil, Gas, Iron ore, Metallurgy, Mineral
According to the preliminary data released by Statistics South Africa, in July this year the seasonally adjusted index of iron ore mining production in South Africa increased by 7.6 percent, while the country's manganese ore production ...
Tags: Iron Ore, Metallurgy, Mineral
The diamond industry needs to support programs to uplift its vast artisanal mining sector. The more than 1.5 million diamond diggers – predominantly in West Africa – and their estimated 10 million dependents, remain the most ...
Tags: Diamonds
Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis remained steady for the fourth consecutive week amid thin trade, market sources said Wednesday. Sources said physical buying interest ...
Tags: Copper Cathode, Copper, Metallurgy
New orders to U.S. production plants soared a record 10.5 percent in July on a 74 percent bookings spike in the volatile transportation sector. The somewhat misleading double-digit gain was propelled by an eye-popping 317.3 percent surge in ...
Tags: Industrial Equipment, Hardware
Brazilian steelmaker Companhia Siderurgica Nacional (CSN) will have to pay BRL 4 billion (US$1.78 billion) to the country's revenue service Receita Federal as a result of unpaid taxes. According to the nation's fiscal council Carf, CSN ...
Tags: Metallurgy, Mineral, Energy
In the first eight months of the current year, Ukraine's coal mining output decreased by 8.9 percent year on year to 49.8202 million mt, according to Ukraine's Ministry of Energy and Coal Industry. In the meantime, in the first eight ...
Tags: Coal Mining, Mineral
Yenakievo Iron and Steel Works (EMZ), a subsidiary of Ukraine's largest vertically-integrated mining and steel group Metinvest, has announced that in the January-August period of the current year its output of rolled steel products ...
Tags: Iron, Steel, mining and steel, crude steel
The Australian Ministry of Finance has announced that the 30 percent Minerals Resources Rent Tax (MRRT) on coal and iron ore has been finally repealed. The repeal bill is now moving to the House of Representatives where it is expected to ...
Tags: Mining Tax, Mineral
LG Innotek, a leading global components manufacturer, today announced that the company has developed world's first "rare earth free" automotive dual-clutch transmission (DCT) motor. The development of the new DCT motor and associated ...
Tags: LG Innotek, DCT Motor, Auto
Ukrainian mining and steel producing group Metinvest has announced that it is currently impossible to deliver square billet made by its subsidiary Yenakiieve Steel since the plant has been shut down due to damage caused to the electricity ...
Tags: Metinvest, Yenakiieve Steel
Chinese companies are increasing their interest in buying mining companies in Mexico, not just exploring sites, said Humberto Gutierrez-Olvera, president of the Mining Chamber of Mexico (Camimex) this week. Gutierrez-Olvera said Camimex ...
Tags: Mining, Mineral, Metallurgy
SAN FRANCISCO –The U.S. Environmental Protection Agency has reached an agreement with Homestake Mining Company of California requiring the company to assess contamination and address safety hazards at four abandoned uranium mines in ...