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Rio Tinto Plc
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Chinese Steelmakers Eyes on Overseas Markets
Nov 10, 2014Although dwindling domestic demand and excess capacity have shrunk profit margins for most Chinese steelmakers, it has inspired some to tap overseas markets for sustained, long-term growth. Hebei Iron &Steel Co, China's second-largest ...
Tags: Chinese Steelmakers, Iron, Steel
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Ongoing Urbanization Will Still Strongly Support Demand for Iron Ore and Steel Products
Jan 20, 2014ZHANG CHENGLIANG/CHINA DAILY Although China's economic growth is slowing down, ongoing urbanization will still strongly support demand for iron ore and steel products for a long time. "We have confidence in China's iron ore demand because ...
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The Price of Iron Ore Is Predicted to Drop This Year
Jan 16, 2014The price of iron ore is predicted to drop this year as growth of China's steel production slows and the supply of raw materials from international mining giants increases, according to industry experts. An estimate from UBS AG earlier ...
Tags: Iron Ore, Raw Materials
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Rio Tinto Will Move to Suspend Alumina Production at Gove and Focus on Bauxite Operation
Dec 3, 2013Rio Tinto will move to suspend alumina production at Gove and focus on its bauxite operations after determining the refinery is no longer a viable business in the current market environment. Rio Tinto will now work on the scope and phased ...
Tags: Metallurgy, Mineral, Energy
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Rio Tinto Sets out a Plan to Optimise The Growth of World-Class Iron Ore Business
Dec 2, 2013Rio Tinto has set out its breakthrough plan to optimise the growth of its world-class iron ore business in Western Australia. Mine production capacity will rapidly increase towards 360 million tonnes a year (Mt/a) at a significantly lower ...
Tags: Metallurgy, Mineral, Energy, iron ore
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Rio Tinto & Chinalco to Explore a Partnership to Bring Forward The Mining Technology
Nov 14, 2013Rio Tinto and Chinalco will explore a partnership to bring forward the next era of mining technology aimed at delivering significant value and re-shaping industry best practice. Rio Tinto chief executive Sam Walsh and Chinalco president ...
Tags: Rio Tinto, Chinalco, technology, partnership
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Labor Problems and Low Prices Have Platinum Mines Closing up Shop in South Africa
Dec 26, 2012Labor problems and low prices have platinum mines closing up shop in South Africa, and the potential for acquisitions is ripening. Senior Mining Analyst and Managing Director at Stifel Nicolaus in Toronto, George Topping believes that ...
Tags: Finance, Rare Earth, Metallurgy
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Aditya Birla Group Company Hindalco Will Receive USD 100 Million in Financing
Dec 20, 2012BS reported that Aditya Birla Group Company Hindalco will receive USD 100 million in financing from Export Development Canada or EDC, the country's export credit agency for its Mahan Aluminium Project in Madhya Pradesh. The agreement, ...
Tags: Aditya Birla Group Company Hindalco, export credit agency
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Financial Cited Mr Guy Elliott CFO of Global Miner Rio Tinto Plc
Dec 13, 2012Financial cited Mr Guy Elliott CFO of Global miner Rio Tinto Plc as saying that the company which has already sold assets worth USD 12 billion since 2008 sees substantial cash coming in next year from the sale of further operations ...
Tags: Pacific aluminium and diamonds businesses, mining group, Rio Tinto Plc
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Aditya Birla Group Company Hindalco Will Receive USD 100 Million in Financing
Dec 12, 2012BS reported that Aditya Birla Group company Hindalco will receive USD 100 million in financing from Export Development Canada or EDC, the country’s export credit agency for its Mahan Aluminium Project in Madhya Pradesh. The ...
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Vale SA Is in No Rush to Sell Its 22%Stake in Norway Based Norsk Hydro ASA
Dec 11, 2012Vale SA,the giant Brazilian mining company is in no rush to sell its 22%stake in Norway based aluminum company Norsk Hydro ASA. Mr Murilo Ferreira CEO of Vale said that"We will sell when it is showing value for Vale.The asset wasn't core ...
Tags: Vale SA, aluminum, mining, Norsk Hydro ASA