Iron Ore Industry articles & resources on Made-in-China.com

Iron Ore Majors Must Cut 'like It's 1994' to Halt Further Price Drop: Investec

Dec 16, 2015

Major iron ore producers will have to cut production like aluminum producers did in 1994 to halt the current slump in spot prices, investment bank Investec said in a note Tuesday. "In our view if iron ore prices prevail at current levels ...

Tags: iron ore, aluminum

Chinese Iron Ore Industry Worried About a Further Collapse in Prices

Sep 24, 2014

The iron ore industry is worried about a further collapse in prices as the Chinese government has signaled it is abandoning its aggressive policy stimulus to boost economic growth, according to media reports. China's Finance Minister Lou ...

Tags: Iron Ore, industrial output

Chinese Iron Ore Miners Aims to Satisfy 50% of The Country's Annual Iron Ore Consumption

Mar 24, 2014

An industry group representing Chinese iron ore miners aims to satisfy 50% of the country's annual iron ore consumption with domestic supply by 2025, up from the current 30%, via consolidation and expansion of mining companies, a senior ...

Tags: Iron Ore, Domestic Supply, Chemicals

S11D Iron Ore Project Is Acquired by Vale After Having Installation Environmental License

Jul 5, 2013

Brazil-based mining giant Vale has announced that it has obtained the installation environmental license (LI) for its Carajás S11D iron ore project, the highest grade and lowest cost world-class project in the industry. With the ...

Tags: Iron Ore, Vale, Mineral

Ferrexpo Released Its Financial Result for 2012

Mar 15, 2013

Ferrexpo, Swiss-based iron-ore producer operating in Ukraine released its financial result for 2012. In 2012, the company realized net profits of US$215.6 million, slumping by 62.5% from a year ago. Its sakes revenues amounted ...

Tags: iron ore prices, iron ore, iron ore industry

In 2012 Brazilian Iron Ore Exports Increased 1.45 Percent Year on Year

Mar 5, 2013

According to the statistics provided by Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase), in 2012 Brazilian iron ore exports increased 1.45 percent year on year with a total of 296 million metric ...

Tags: Iron Ore Exports, Iron Ore, Iron Ore Industry

Iron Ore-Rich Pilbara Region Was Shut Down on January 22, Due to Tropical Cyclone Peta

Jan 24, 2013

Port Hedland in the iron ore-rich Pilbara region in Western Australia was shut down on January 22, due to tropical cyclone Peta which is expected to make landfall on Wednesday, January 23, slowing down iron ore shipments to the Far East. ...

Tags: Iron ore ports, Iron ore, Iron ore industry

Bloomberg Reported That The Purchase of a Stake in ArcelorMittal Canadian Iron Ore Unit

Jan 7, 2013

Bloomberg reported that the USD 1.1 billion purchase of a stake in ArcelorMittal Canadian iron ore unit by China Steel Corporation and POSCO increased interest in Canada’s ability to meet Asian demand for the steelmaking raw material. ...

Tags: ArcelorMittal, Canadian iron ore unit, China Steel Corporation, POSCO

Minnesota Iron Ore Production Rose Slightly in 2012

Jan 6, 2013

Star Tribune reported that Minnesota iron ore production rose slightly in 2012, a third consecutive annual increase and another sign of the industry's recovery from a recession induced downturn. According to state data, taconite output ...

Tags: Minnesota, iron ore, production, 2012

Iron Ore Prices Have Been Hurtling Along in December at an Amazing Pace

Jan 5, 2013

Iron ore prices have been hurtling along in December at an amazing pace even outracing the finished price levels. Whopping 18% growth in December has baffled all market estimates. On the hindsight finished market could creep merely 1%. ...

Tags: Iron ore, iron ore prices, iron ore market, iron ore industry

Sattari and Bicholim Talukas Is to Have a 10 Tonne Tipper Truck Parked in Its Backyard

Dec 28, 2012

Almost every house in the vicinity of an iron ore mine in Goa's Sanguem, Sattari and Bicholim talukas is likely to have a 10 tonne tipper truck parked in its backyard. Some have 2, 3 or even 4 trucks parked. In all, there were about 25,000 ...

Tags: iron ore mine, Goa, Sanguem, India

Immediate Resolution to What The Mining Lobby Terms Legal Iron Ore Operations

Dec 14, 2012

O' Herald reported that far away from Goa where there is massive popular support for the halt of rampant illegal mining by the Supreme Court in the aftermath of the Shah Commission Report and in an apparent bid to sway the opinion of New ...

Tags: iron ore price news, goa india, mining, iron

Pollution Control Board Has Decided to Return All Applications Seeking Renewal of Consent

Dec 11, 2012

Goa state pollution control board has decided to return all applications seeking renewal of consent to operate filed by mining lease holders and other parties,as the iron ore industry has come to a grinding halt after the Supreme Court ...

Tags: mining activity, pollution control, iron ore, Goa

Resource Rich Pilbara Region Could Drive Down Iron Ore Prices and Force out of Business

Dec 7, 2012

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

A Supreme Court Committee Is Likely to Recommend Drastic Action Against Miners in Goa

Nov 29, 2012

Economic Times reported that a Supreme Court committee is likely to recommend drastic action against miners in Goa including severe curbs on production in a move expected to hit the state's finances and devastate the country's scandal ...

Tags: miners, iron ore, iron ore industry

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