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BHP Billiton Reached Agreement Coking Coal Sales with Europe and Asia Costumer


Coking coal mining company BHP Billiton has reached a deal volume of hard coking coal sales to customers in Europe and Asia for the year 2010. Asian countries agree on the purchase of coking coal from BHP Billiton, among others, China, India and Japan. All three countries are the largest steel producers in Asia and [...]

Iron Ore Pricing In 2010: Mining Companies Wants Iron Ore Price Rise 40 percent


The issue of iron ore pricing in 2010 has begun. Iron ore mining company will deliver iron ore producers to raise iron ore prices by 40 percent. Reasons for iron ore price increase due to the increase in operational funding iron ore production and estimates will be increased demand for iron ore in 2010.

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 Mining Company Vale Sees Iron Ore Prices Higher In 2010


Iron ore prices will likely rise in 2010, underpinned by growing demand from China, the chief executive of Brazilian mining giant Vale said on Monday, without offering estimates of how much prices could rise.
“I think it’s going to be a positive year, and iron prices are showing a tendency towards increase, but I do not [...]

Bolivia Plans To Continue Sales Of Lithium Mining Exploration Contracts


Lithium mining deposits in Bolivia is the largest lithium mine in the world. If the lithium mining exploration work, then Bolivia will become the supplier of raw materials in the world’s largest lithium.

Rio Tinto Group Estimates Iron Ore Production Rose 7.5 Percent


Largest mining company Rio Tinto would predict an increase in iron ore demand from steel makers. Therefore, Rio Tinto will increase iron ore production of 7.5 percent. Rio Tinto iron ore will produce up to 210 million to 215 million metric tons in the second and third quarters. Production of iron ore was sourced from [...]

Rio Selling Iron Ore to China at Interim Price as Talks Stalled


Rio Tinto Group, the world’s third- largest mining company, said it is still selling iron ore to China at a provisional price as benchmark negotiations with the Asian nation remain stalled.

Xstrata Convince Anglo American Shareholders To Join


Xstrata Group, the largest mining company, has made an offer to the mining company Anglo American to join. But this offer was rejected by Anglo American, though some observers mining and banking, providing a very profitable reason for the two companies, in terms of financing the company’s operational efficiency.

Vale Reject The Request Discounted Price Of Iron Ore Required By The China


Chief Executive Officer Roger Agnelli said June 25 that he will not give customers discounts of China in what has become a long-running talk price ever. China’s iron ore-prisoners executive of Rio Tinto Group, the world second-largest iron ore exporter, on allegations of espionage have created divisions between Australia and China might also benefit Vale, [...]