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China Iron And Steel Association Opposes Iron-Ore Producers Increase Iron Ore Price in 2010
The China Iron and Steel Association (CISA) strongly opposes the attempt by foreign miners to increase benchmark iron ore prices by 80-90 percent in 2010, it said in a statement on Tuesday.
“On the afternoon of March 11, Eurofer (the European steel industry association) made a statement on its website strongly opposing the intention of iron [...]
Australian Asked China Not Influence Annual Contract Negotiations Iron Ore Prices
The Australian Government through the Minister for Trade Simon Crean urged the government of China is not involved in the process of negotiating a contract setting the annual iron ore price is being done by the iron ore producers and steel makers.
Simon Crean says, “We’re not going to get involved. I have made a point [...]
China to Invest Billions Dollars in Canadian Mining Company
One of the Asian economic superpower, China secretly increase investment in Canadian mining company. China investments through the purchase of Canadian mining company shares. China Investment Corp. already has a gold mining company shares Canadian Kinross Gold Corp. (K-T17.87-0 .68-3, 67%) and Potash Corp. of Saskatchewan, (POT T109.34-1-.71-1, 54%).
Brazil Government Charge of Iron Ore Export Tax to Iron Ore Exporters
Brazilian government plan implementation costs of iron ore export tax to exporters of iron ore. Application of the tax costs aimed at increasing domestic investment, especially domestic steel production increase.
India Globalization Capital Announces Two New Iron Ore Contracts Valued at $3 Million
India Globalization Capital, Inc., a company competing in the rapidly growing materials and infrastructure industry in India, today announced it was awarded two new Chinese iron ore supply contracts valued at $3.0 million. The orders total 60,000 metric tons of medium-grade iron ore, or 56-grade.
Brazilian Government Plans Increase Iron Ore Export Tax 5 Percent
The Brazilian government while studies to increase the possibility of iron ore export tax to 5 percent. But the Brazilian government faced problems with the company’s largest iron ore mining in Brazil, Vale. The Brazilian government criticized the policy of the mining company Vale, as Vale not increase investment in Brazilian country.
British Mining Company Rio Tinto Reported Iron Ore Production In The Third Quarter Increased 12 Percent
UK’s biggest mining company Rio Tinto reported iron ore production until the third quarter increased 12 percent from last year. Increased production of iron ore produced from the combination of two mining company Rio Tinto. Two mining companies combined yaiut Plc and Rio Tinto Ltd. Rio Tinto.
Review And Analysis : Gold Mining Industry Development and Mining Companies Growth In China
Over the last few weeks we’ve been paying more attention to China as it emerges from the East. There are three reasons why China poses such an interesting potential return of value for traders.
A very interesting read is an interview with Jim Rogers about his thoughts on China.
“While he says that China is the only [...]
Anglo’s Brazilian Iron-Ore Unit Plans Production Ramp-Ups To Feed Chinese Market
Global mining major Anglo American’s Brazilian iron-ore subsidiary, Anglo Ferrous Brazil, expects world demand for iron-ore to return to normal within two years, and is planning to dramatically increase its production over the next six years, markets permitting.
