Search Results
Nickel Prices Increase 31 percent Gets Support From Stainless Steel Demand
Nickel rose by almost 31% this month. This rise was seen due to the increase in demand for stainless steel and strike at Vale’s Sudbury operations in Canada and the halt to construction work at Papua New Guinea’s nickel project being particularly notable.
China Industry Sector Growth and Usage Energy Future
Growth of sector industry in China, the biggest in world, so that China hardly requires available of energy to support growth of sector industry. To fulfill availibility of energy inside the country, Government China does some things, for example by raw material import energy coal and source of other energy.
Several Mining Companies Hold Plans New Mines Onstream
The global financial crisis and sharp falls in metals prices have forced several companies to abandon or put on hold their plans to bring new mines onstream.
Global Mining Companies Plans Expansions Iron Ore Mine Output
Global iron ore prices are set to decline sharply in 2009 as demand for the steelmaking ingredient shrinks dramatically as a result of deepening world economic recession.
Rio’s Iron Ore Unit Faces Further Industrial Action
Rio Tinto Group, the world’s third- largest mining company, faces the prospect of further industrial action by train drivers at its iron ore operations in Western Australia after the first strike today in more than 16 years.
Today’s 12-hour strike, in which 11 out of 12 drivers took part, was “only the commencement of the campaign,” [...]
Rio Tinto Ambitions to Triple Iron Ore-Mine Production
RIO Tinto expects little fall in demand for Australia’s iron ore and has been approached by Indian steel mills, eager to secure alternative supplies to meet the needs of the nation’s booming economy.
The mining giant, which has long-term ambitions to triple iron ore production, also plans to make the way it sells its iron ore [...]
Guinea and Chinese Discuss Mining Exploration and Infrastructure Investment
Guinea and China are discussing a deal which could see billions of dollars of Chinese investment in return for mining rights in the West African country, which has a third of the world’s bauxite, a Guinean minister said.
A delegation including officials from the Chinese Development Bank recently spent a week in Guinea and is due [...]
Rio Tinto Make Plans To Develop Iron Mine in West African
For expand and develop mining project Rio Tinto, the biggest mining company, looking partner from Chinese. Rio is make plans looking partner mining company specialy mining company for steel and construction companies to help develop a $6bn (£3.08bn) West African iron ore mine.
Sam Walsh, head of Rio’s iron ore division, said in an interview with [...]
Mining Company Exploration : Rio Tinto profits slip as costs bite
Mining giant Rio Tinto Ltd has posted a 14.3 per cent drop in first half net profit, after cost pressures took a toll on its business.
Net profit for the six months ended June 30 slipped to $US3.523 billion ($A4.12 billion).
Underlying earnings also slipped, by 5.9 per cent to $US3.529 billion ($A4.13 billion), missing the consensus [...]
