Industry News

Iron ore price decline temporary in nature : JSW Steel

Industry News 2010-08-23 10:38:52

Source : News Center Published : Aug 11, 2010 Spot prices of iron ore fines are down to Rs 1,500 a tonne levels, a plummet of 20-25%. But Seshagiri Rao,… Read more »

Mining Investment May Jump to Record $113 Billion in 2011, Bernstein Says

Industry News 2010-08-20 10:41:47

Source : Bloomberg Published : Aug 11, 2010   Growth plans at BHP Billiton Ltd. and competing mining companies may help to boost industry spending worldwide by about 50 percent… Read more »

GoM to discuss illegal mining, iron ore export ban

Industry News 2010-08-18 10:33:46

Source : The Hindu Published : 12th August, 2010  NEW DELHI: A Group of Ministers (GoM) will discuss on Thursday issues pertaining to illegal mining, a ban on iron ore… Read more »

Vale Plans $11.3 Billion Iron-Ore Mine in Northern Brazil

Industry News 2010-08-13 16:17:07

Source : Bloomberg Date : July 26, 2010   Vale SA plans to invest $11.3 billion in an iron-ore mine in northern Brazil, IG reported, without saying where it obtained… Read more »

West Africa to attract even more investment in its iron ore deposits

Industry News 2010-08-09 13:51:49

Source : SAIL Date : 25th July, 2010   Reuters reported that restive West Africa will attract even more investment in its iron ore deposits than the billions of dollars… Read more »

NMDC chalks out projects worth Rs. 24,000 crore

Industry News 2010-08-06 13:47:19

Source : The Hindu Date : 20th July, 2010   NMDC has chalked out projects worth over Rs. 24,000 crore over the next five years. It is planning to expand… Read more »

Chinese Firms Snap Up Mining Assets

Industry News 2010-08-04 13:42:14

Source : The Wall Street Journal Date : 21st July, 2010   In the global hunt for mining assets, China has emerged as the buyer to beat: Just a few… Read more »

Brazil's Vale To Develop Two Key Iron Ore Deposits

Industry News 2010-08-02 13:37:29

Source : Automated Trader Date : 20th July, 2010   RIO DE JANEIRO - Brazilian mining giant Vale SA expects to start producing at its huge Serra Sul iron ore… Read more »

BHP Iron Ore Output Up 16%

Industry News 2010-07-28 13:25:15

Source : The Wall street Journal Date : 20th July, 2010   SYDNEY - BHP Billiton Ltd on Wednesday reported a strong performance in its fourth quarter ended June 30,… Read more »

Bloomberg Businesswork : Xstrata to Start Asian Iron Ore Shipments in First Half 2011

Industry News 2010-07-23 13:31:45

Source : Bloomberg Businesswork Date : 13th july, 2010   Xstrata Plc, the world’s biggest thermal coal exporter, plans to start its first shipments of iron ore concentrate from Australia… Read more »