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Tata Steel Celebrates 100 Yrs Of Iron Ore Discovery
Tata Steel this week celebrated 100 years of discovery of iron ore at Joda in Keonjhar district of Orissa.
According to a press note issued by Tata Steel, iron ore at Joda was first discovered by SN Sarma, a geologist with Tata Steel in 1909. From discovery to a sustained holistic development, the saga of Joda [...]
Steelmaker Japanese and Korean Agreed Iron Ore Prices With Brazilian Mining Companies, Vale
The Japanese and Korean steel company has agreed a contract price of iron ore sales for the year 2009. Iron ore price agreed decreased 28.2% compared to 2008. Iron ore prices agreed by Vale with Japanese and Korean steel companies.
The new price for iron-ore fines is 28,2% lower than that for 2008, while the price [...]
POSCO Makes Record Steel Price Cut On Import Threat
POSCO, the world’s No.4 steelmaker, unexpectedly cut its domestic product prices by up to 20 percent on Thursday, its biggest ever reduction, as a rebound in the Korean won threatened to open the door to cheaper imports.
Australian Mining Sector Forecast Iron Ore and Copper Mine Production Increase To June 2010
Australia forecast a strong rise in iron ore production and a 10 percent jump in copper mine output in the year to June 2010, even after factoring in a more prolonged economic slump that has already triggered supply curbs.
Australian Mining Companies Forecast Strong Increase Iron Ore-Copper Mine Production
Australia forecast a strong rise in iron ore production and a 10 percent jump in copper mine output in the year to June 2010, even after factoring in a more prolonged economic slump that has already triggered supply curbs.
Analysist Mining and Industry Sector : China’s Industry Sector Reopen Coal Mine Import After Deal Coal Prices Contract
A months-long dispute between Chinese coal miners and power generators over annual prices has unexpectedly opened the door to rising imports, despite lacklustre demand and a supply glut.
US Underground Coal Mine Market Reported, Joy Global Q4 Profit Rises on 40% Sales Growth
Mining equipment manufacturer Joy Global Inc. announced Wednesday morning that fourth quarter profit rose from last year, helped by strong demand for its original equipment and aftermarket parts and services, partially offset by negative impact of currency translation.
Tata Steel Sign Contract With New Millennium For Iron Ore Mine Shipment
Millions of tonnes of iron ore could soon be on its way to the Scunthorpe Corus steelworks from Canada.
The company’s owner Tata Steel has bought itself a stake in the Millennium Iron Range and a potential supplier of more than nine billion tonnes of ore.
The deal is worth 22.6-million Canadian Dollars.
The range, located along Canada’s [...]
London Mining Interest Purchase Colombian Coal-Mine Exploration and Production
London Mining announces today the purchase of 20% of International Coal Company Ltd. (ICC) for an aggregate consideration of $5m, with first rights of refusal to invest further capital. ICC is a Cayman Islands incorporated company with operations in Colombia, South America. ICC’s strategy is to become a fully integrated developer of coal properties for [...]
