Search Results
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.
Iron Ore Mining Company, Cliffs Natural Resources Report Iron Ore Mine Exploration and Production 1Q Net Loss
Iron ore pellet producer Cliffs Natural Resources Inc reported a first-quarter net loss on Wednesday as demand for iron ore and coal was hurt by the global recession, sending its shares down slightly in extended trade.
Mining Companies Shut Down Iron Ore Mine Production
BHP Billiton Cut Iron Ore Mine Production after Samarco Cut 65% output
Samarco, a 50-50 joint venture between BHP and Brazilian giant Vale, on Saturday revealed it would shut down the oldest two of its three pellet plants until mid-January, “at which time the situation in the markets will be reassessed”.
Coal Mine Exploration Company and Investor Fears Steel Demand
Shares in U.S mining companies that produce coal for steelmaking, plummeted on Thursday on investor fears that steel demand will be hit by a global economic decline, analysts said.
“Massey, Alpha, Walter and Patriot were all down and the one thing they have in common is they produce metallurgical coal,” said Jim Thompson, editor of the [...]
Qatar Steel Company to take stake in GIIC
Qatar Steel Company (Qasco) yesterday decided to pick up 25% stake in the Bahrain-based Gulf Industrial Investment Company (GIIC) as part of its strategy to strengthen its global supply chain.
GIIC, one of the main suppliers of oxide pellets to Qasco, produces and supplies direct reduction billets grade iron oxide pellets to major direct reduction iron [...]
Mehan to Head Cliffs Asia-Pacific
Cleveland-Cliffs Inc (”the Company,” “Cliffs”) (NYSE: CLF – News) today announced the appointment of Richard R. Mehan to lead its newly created Cliffs Asia-Pacific business unit. Mehan is currently Managing Director and CEO of Cliffs-controlled Portman Limited, Australia’s third-largest iron ore producer serving the expanding Asian market.
Mehan’s appointment marks the next phase of a business [...]
