Lithium Corporation to start lithium mining exploration projects in Nevada Lake Valley. Lithium Corporation is a company responsible for exploration activities and development of lithium mines Lake Valley. The Company continues to search for lithium mine in Nevada. Read More….
Saudi Basic Industries Corporation (SABIC) signed a cooperation contract with the mining company Vale SA for 10 years. Vale SA will supply DRPs to factory SABIC. Contractual agreements between the two companies, Vale will supply 3.3 million tons of DRPs.
Read More…
Largest steel producer in the world, China is looking for iron ore mining companies that want to give a discount of iron ore by 40%. This year China has refused to cut iron ore prices 33 per cent, as has been given iron ore mining companies to the Japanese and Korean.
Read More…
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 iron ore mining operations in Australia. The estimate assumes seasonal weather won’t disrupt output, it said. Sam Walsh, the iron ore unit chief, previously predicted 200 million tons of production. Read More…
Iron ore trade system in 2009, is a bad year. Negotiations between producers and importers of iron ore, iron ore walk a lot. Even end up having to involve the court over the case to deliver information that is confidential.
Iron ore price negotiations went a lot because of iron ore importer, China refuse iron ore price set by Rio Tinto by 33 percent for the year 2009-2010, while other importers like Jepabg, South Korea and Taiwan have agreed with the benchmark price of iron ore.
Read More…
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.
Read More…
JSW Steel one of the largest steel producer in the world, the company JSW Steel steel plant for a source of iron ore mines to meet the needs of iron ore that will be used to produce steel. Iron ore mine site is the target is the northern region of Karnataka. JSW steel to acquire iron ore mines Bellary. The company currently waiting for the provision of mining contracts from the government.
Read More…
MSPL Ltd, the Bellary-based iron ore mining company, is planning to set up two iron ore beneficiation (extraction of iron ore from waste ore after washing) plants in the iron ore-rich Bellary district of Karnataka. Both the plants, which will have 1.2 million tonnes capacity each, will be set up with an estimated investment of Rs 650 crore.
Read More…
Vale SA, the world’s biggest iron- ore producer, has so far spent about $300 million of the $1.3 billion investment in its Moatize coal mine and should begin selling fuel from the project by June 2011.
Read More…
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.
Read More…
