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Ukrainian Mining Companies Reduced Iron Ore Production
Most Ukrainian mining companies reduced iron ore production significantly in January-August, however the decline here, as in the steel industry, still appears to be slowing.
Poltava Mining, the core asset of the London-listed Ferrexpo Plc, cut commercial pellet production tentatively 6.4% year-on-year to 5.621 million tonnes, Ferrexpo said in a press release. Iron ore concentrate production [...]
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.
China National Offshore Oil Corp. Joint Venture Datong Coal Mine Group To Build Coal-To-Gas Plants
A unit of China National Offshore Oil Corp (CNOOC) plans to build plants to turn coal into natural gas, oil products and other chemical products, in partnership with Datong Coal Mine Group, the Datong city government said on Monday.
The Biggest Mining Company, BHP Billiton Selling 28% of Iron Ore Mine Production at Forecast Decline in Contract Prices
BHP Billiton Ltd., the world’s largest mining company, sold 28 percent of its iron ore output at cheaper spot prices after customers deferred deliveries ahead of a forecast decline in contract prices.
China Coal Mining Companies, Shenhua Group Suspended $2.5 billon Mine Project
The biggest China coal mining company has suspended a $2.5 billion mining exploration project. This act impact of global financial crisis.
China Petroleum & Chemical, Sinopec’s Reported Profit May Double on Pricing Changes (Update1)
China Petroleum & Chemical Corp. may double its profit this year, rebounding from the first decline in seven years, as it benefits from relaxed fuel price controls and declining crude oil costs, analysts said.
US Copper Mining Company, Asarco LLC Slowdown Copper Mine Exploration in Texas
US copper miner Asarco LLC shut its rod and cake plants in Amarillo, Texas and is planning periodic slowdowns at the copper refinery beginning next week as a response to depressed market conditions, the company said.
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.
Lota Bay Coal Mine Exploration in Chile
Lota was a major coal-mining centre in southern Chile, situated on the Golfo (gulf) de Arauco. Although the city of Lota was founded in 1662, sustained development of coal mining did not begin until 1852, when the industrialist Matias Cousino started a coal-mining enterprise.
