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iron ore business
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BHP Billiton Outlined How Its Focus on Debottlenecking in Its Iron Ore Business
Mar 13, 2014At the AJM Global Iron Ore and Steel Forecast conference held in Perth on March 11, Australian miner BHP Billiton outlined how its focus on productivity and capital efficient debottlenecking in its iron ore business is delivering value. ...
Tags: BHP Billiton, Iron Ore
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Diversified Miner Trader Glencore Xstrata Sold 33.2 Million Mt of Iron Ore in 2013
Mar 6, 2014Diversified miner trader Glencore Xstrata said Tuesday it sold 33.2 million mt of iron ore in 2013, a 68% annual rise in volumes, as it proceeds with studies for projects in Africa to gain marketing clout. As a relatively new entrant to ...
Tags: Iron Ore, Glencore Xstrata
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BHP Billiton Suspended Production at Its Smallest Iron Ore Mine Yarrie
Feb 28, 2014Australian miner BHP Billiton has announced that it has suspended production at its smallest iron ore mine Yarrie in Western Australia as an additional productivity measure, until further notice. The company said that the employees at the ...
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BHP Billiton Announced Its Financial Results for The Half Year Ended December 31, 2013
Feb 20, 2014Australian 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
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Vale Sells Its Minority Interest of a 26.9% Stake in Its Business of Steel
Dec 12, 2013Reportedly, the Brazilian mining giant Vale is planning to reduce costs and decrease capital spending by selling its minority interest of a 26.9% stake in its business of steel, coal and fertilizer in CSA Plant. The Plant is majority-owned ...
Tags: steel, Metallurgy, Mineral
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Vale Is Planning to Sell Partial Stakes in Its Steel, Coal and Fertilizer Businesses
Dec 11, 2013According to a Monday report from Forbes, Brazilian mining giant Vale is planning to sell partial stakes in its steel, coal and fertilizer businesses in order to reduce costs and decrease capital spending. The steel stake up for grabs is ...
Tags: cost, metallurgy, CSA
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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 Set out Its Plan to Optimize Growth of Iron Ore Business in Western Australia
Nov 29, 2013Australia-based mining giant Rio Tinto has set out its breakthrough plan to optimize the growth of its iron ore business in Western Australia. Accordingly, mine production capacity will rapidly increase towards 360 million mt per year at a ...
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Vale Plans to Sell 407 Million Shares of Norsk Hydro ASA to Cut Costs and Boost Profits
Nov 14, 2013Vale announced Monday that it plans to sell as much as 407 million shares (an approximate 22 percent stake) of Oslo, Norway-based aluminum producer Norsk Hydro ASA in order to cut costs and boost profits. Norsk Hydro is valued at about ...
Tags: Vale, Aluminum Shares
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Minmetals Corporation Is Considering Bidding for Rio Tinto Canada Iron Ore Business
Jun 19, 2013China Minmetals Corporation president assistant Wang Jionghui states that the company is considering bidding for Rio Tinto Canada iron ore business. Rio Tinto plans to sell 59 percent equities in its Canada iron ore business; analysts ...
Tags: Metallurgy, Mineral, Energy
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in 2013 Rio Tinto Will Focus on Four Key Areas
May 10, 2013Rio Tinto chief executive Sam Walsh has said at the company's annual general meeting that in 2013 Rio Tinto will focus on four key areas; reducing costs and improving performance at all its operations, delivering approved growth projects, ...
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Cliffs to Idle Its Wabush Pointe Noire Pellet Plant Within The City of Sept-Iles in Quebec
Mar 13, 2013Cliffs Natural Resources said Monday that it expects to idle its Wabush Pointe Noire pellet plant within the city of Sept-Iles in Quebec by the end of Q2 2013. The company indicated that its decision to idle its iron ore pellet operation is ...
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BHP Billiton Announced Its Production Results for The Second Quarter
Jan 24, 2013Australian miner BHP Billiton has announced its production results for the second quarter and the half year ended December 31, 2012. In the second quarter, BHP Billiton produced 42.19 million mt of iron ore, up three percent compared to ...
Tags: BHP, iron ore output, iron ore
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Australian Markets Got off to a Roaring Start to 2013
Jan 6, 2013Australian markets got off to a roaring start to 2013 yesterday, with the avoidance of the January 1 US fiscal cliff of tax increases and spending cuts combining with rising iron ore prices to send the stockmarket on its biggest one-day ...
Tags: shares, 2013, US, fiscal cliff, stockmarket
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Sesa Goa Acquired The Remaining 49% Shares of Western Cluster Limited
Dec 25, 2012Sesa Goa has acquired the remaining 49% of the outstanding common shares of Western Cluster Limited from Elenilto Minerals & Mining LLC, Delaware, for a cash consideration of USD 33.5 million. Post this transaction, Sesa's shareholding in ...
Tags: Minerals, Mining, iron ore business, iron ore