Lithium Corporation to start lithium mining exploration projects in Nevada Lake Valley. Lithium Corporation is a company responsible for exploration activities and development of lithium mines Lake Valley. The Company continues to search for lithium mine in Nevada. Read More….
Walter Energy Inc. said the opinion of the development of coal demand for steel manufacturers to show signs of reduction. Coal producers hoping to supply hard coking coal as much as 6.4 million in 2009, compared to the year 2008 hard coking coal supply as many as 5.8 million.
Read More…
Steel industry sector in Japan and Korea from year to year is always experienced growth, so that Japan and Korea is the country’s largest iron ore importer in the world other than China. Increased import of iron ore to Japan and Korea is to support the production of steel. Read More…
China may double the proportion of domestic iron-ore demand supplied by Chinese-owned mining assets abroad to about 20 percent in five years as the country’s steelmakers step up acquisitions, Goldman Sachs JBWere Pty’s Paul Gray said.
Read More…
The state-owned parent of Chongqing Iron and Steel Co Ltd, a medium-sized Chinese steelmaker, is in talks to acquire an Australian iron ore project, domestic media reported on Friday. The project had prospect reserves of 3 billion tonnes, the government-run Chongqing Evening News reported, citing company executives, without giving further details. Read More…
Three listed units of China’s Hebei Iron and Steel Group, the world’s fourth-largest steel maker, said on Tuesday they had won regulatory approval to combine, forming the country’s No.2 listed steel maker.
The Chinese government has sought to consolidate its fragmented steel industry, as it seeks to bulk up bargaining power in iron ore annual price negotiations with mining giants Vale, BHP Billiton and Rio Tinto.
Read More…
JSW Steel one of the largest steel producer in the world, the company JSW Steel steel plant for a source of iron ore mines to meet the needs of iron ore that will be used to produce steel. Iron ore mine site is the target is the northern region of Karnataka. JSW steel to acquire iron ore mines Bellary. The company currently waiting for the provision of mining contracts from the government.
Read More…
China’s steel prices have fallen for four straight weeks, prompting iron ore to fall to about $80 a metric ton, China National Radio reported, citing Xu Xiangchun, an analyst at Mysteel Research Institute.
Read More…
Steel Authority of India (SAIL) has made a policy to increase the sales price of a certain steel products. Increase the price of steel products 1.500/ton Rs. Steel products such increases, Hot Rolled (HR) and Cold Rolled (CR).
Read More…
Price of iron ore in China has decreased, Reuters reported sale price of iron ore in China on Monday the price reached $ 95 per ton. This iron ore prices by as much as 17 percent of the annual price had reached $ 115 in early August. Iron ore price decline is expected a decrease in demand from China steel mill company. Decrease in China’s iron ore demand, because of the government’s plan would reduce China’s import of iron ore, steel mill that the company began to reduce the iron ore shipment.
Read More…
