ArcelorMittal’s Lázaro Cárdenas steel plant expects to close 2014 with a production of about 4 million tons of crude steel, of which about 1.2 million tons will comprise finished products--rebar and wire rod--according ...
Tags: ArcelorMittal, Lázaro Cárdenas steel, close
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
Uruguayan President Jose Mujica announced Thursday that the massive$3 billion Valentines open-pit iron ore mine project will go ahead,despite increasing local opposition. The project,which is also known as Aratarí,was proposed by ...
Tags: Iron Ore Mine, Mine, iron
Commission encourages Chinese steelmakers to boost global footprint Chinese steelmakers that have lost money because of volatile global iron ore prices should invest more in foreign mineral resources to gain greater pricing power, the ...
Tags: NDRC, Chalco, steelmaker, persist
Panzhihua Iron & Steel Group, or Pangang, in southwest China's Sichuan province produced 12.07 million mt of iron ore concentrate from its mines in the Panzhihua area of Sichuan last year, which was up 14.3% on 2012 and a record high for ...
Tags: Iron Ore, Iron Ore Concentrate
India's Steel Ministry is finalizing a new national steel policy (NSP) focusing on infrastructure development, securing raw materials and human resource development for the growth of the steel industry, according to the Associated Chambers ...
Tags: raw materials
Former Chinese commodities trader Jerry Ren, who is quietly building a mining empire in the Australian outback, scoffs at talk the resources boom is over. For him its just moved north. As some mining firms clock up billions of dollars in ...
Tags: Mining Boom, Chemicals
It’s reported that Korean steel giant Posco has inked a memorandum of understanding (MoU) with the Cameroon government to develop steel industry jointly. Cameroon owns 5 billion tons of iron ore deposits and is ideally to supply ...
Tags: Cameroon, Steel Industry
Russian steelmaker Evraz has announced that it has signed an agreement to acquire a stake in the Timir joint venture project for a total consideration of RUB 4.950 million (approximately $160 million) to be paid in several instalments. At ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
Business Line reported that feasibility study for the TATA Steel backed iron ore projects in North Eastern Canada is running behind schedule. TATA Steel and its strategic partner New Millennium Iron Corporation, have granted additional time ...
Tags: TATA Steel, Iron Ore, Mineral, Metallurgy
Union Steel Minister visited Afghanistan in April, 2012 and an MoU on Cooperation in the field of Steel Sector was also signed between Minister of Steel, Government of India and Minister of Mines, Islamic Republic of Afghanistan. Earlier, ...
Tags: Afghanistan, 2012, JV, Steel PSUs
Xinhua reported that a significant step was made in the efforts to start a large scale iron ore mining in Cameroon’s Mbalam region following signing of an agreement in Yaounde between the country’s authorities and Cam Iron ...
Tags: Iron, iron ore mining, iron ore, mining
Economic Times reported that the Indian consortium is back from another round of discussion for acquiring mining rights to the 1.8 billion tonne of iron ore reserves in Afghanistan, as the possible deal reaches a critical stage. A ...
Tags: Indian consortium, India, mining rights, mining
Reuters cited a source familiar with the situation as saying that BHP Billiton has selected mining venture B&A Mineração as the preferred bidder for its stake in Mount Nimba, one of the largest iron ore deposits in Guinea. ...
Tags: Guinea Iron Ore, BHP Billiton, B&A, steelmaker
Reuters reported that African Minerals Ltd will expand its existing rail and port infrastructure rather than build a new port to serve its flagship iron ore mine in Sierra Leone,a move,will save it about USD 1 billion. African ...
Tags: rail, port infrastructure, expansion, iron ore mine