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China Railway Agree To Buy Two Australian Iron Ore Explorers
China Railway Materials Commercial Corp. agreed to pay A$39.8 million ($34 million) to buy stakes in two Australian iron ore explorers to secure supplies.
BHP and Rio Tinto Iron Ore Joint Venture, Positive for Brazilian Mining Company
BHP and Rio Tinto’s $140 billion iron ore joint venture has been good news for Brazilian iron ore giant Vale, according to a senior figure in Brazil’s asset management industry — one of the world’s top 10.
“The fact of the merger will be seen as positive for Vale,” said Itau-Unibanco Asset Management global product specialist [...]
Rio Tinto Joint Ventures Iron Ore Business With BHP
Steelmaker company and world iron ore mine surpriseds with decision made by by the biggest iron ore mine company of Rio Tinto. This iron ore mine company decides agreement with mine company China, Chinalco. Instead Rio Tinto signs up with BHP Billiton.
Development Review Of Steel Produce And Steel Industry In Brazil
Industrial development becomeed militant world being attention, changes of the price of raw material for steel making, emulation of the price of sale of steel from some steel producer states.
Raw material for making of steel comes from iron ore. The price of the existing world iron ore there is no certainty.
Australian Iron Ore Mining Company, Atlas Iron Start Shipping To China
Atlas Iron Ltd., the Australian iron ore producer that started shipping to China last year, is visiting steel mills there for talks to raise funds for its planned A$3 billion ($2.2 billion) Ridley project.
British Mining Company, Metal Exploration PLC Begin Mining Exploration in Nueva Vizcaya
British Miner Metals Exploration PLC expects to finish studies on its gold and molybdenum property in northern Luzon to finally start site development, company officials said late last week.
Coal Mining Industry Concerns EPA Policy : Mountaintop Mining Permits in West Virginia and Kentucky
Gov. Joe Manchin went to Washington, DC., to meet with senior White House environmental officials Wednesday to discuss coal industry concerns after the U.S. Environmental Protection Agency blocked some mountaintop mining permits in West Virginia and Kentucky.
China Oil Company, PetroChina Co. Reported First Time Drop Profit Since 2001
PetroChina Co., the world’s second- largest company by market value, posted its first drop in full- year profit since 2001 after refining losses widened fourfold and crude oil prices slumped.
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.
