Mining Journal (June 10, 2009) - China is set to accelerate investment in iron-ore projects in Australia, the worlds biggest exporter, after the collapse of its deal to buy stakes in mines owned by Rio Tinto.
China Mining News
GroundProbe makes breakthrough in China
BRISBANE-based GroundProbe and the Shenyang Branch of China Coal Research Institute have signed an agreement to bring world-leading Slope Stability Radar technology into Chinese mines…..more at International Longwall News
China to act as the key driver of the commodities market for the next year – Macquarie Research Commodities
Macquarie Research Commodities, the research and analysis group, hosted its annual 2009 May China Commodities Conference in China from 18-22 May, with over 40 institutional investors attending the event. As in previous years, more than 20 corporates and industry consultants shared their views on the Chinese macro economy and commodities market outlook (short-/medium-/long-term). Overall, Macquarie [...]
Ausmelt wins Second Lead Smelter Contract in China
Ausmelt Ltd has won its second lead smelter contract in China. The company will supply a lead smelter with a capacity to produce 60,000 tonnes of lead a year to Hulunbeier Chihong Mining Limited (HCML) […]
China trade bigger than expected
ANALYSIS of international trade data has unveiled a bigger rise in China's coking coal imports than that seen in the nation's official figures, according to Macquarie Research….more at International Longwall News
Clean coal development agreement between White Energy and Peabody Energy for North America and China
Peabody Energy and White Energy have signed an agreement to pursue development of a coal upgrading plant that would be sited at a Peabody operation in America’s Powder River Basin. The plant would use White Energy’s patented coal briquetting technology, a mechanical process that upgrades lower Btu coals. The process increases the coal’s overall energy content by some [...]
World stainless steel output to fall by 20 percent this year
MEPS forecasts global stainless steel production at 20.8 million tonnes in 2009. The Western world figure (excluding China and Russia), at 13.5 million tonnes, would be the lowest since 1994 and the third consecutive annual […]
China launches gas safety campaign in small mines
SHANGHAI, April 28 (Reuters) – China said it has launched a safety campaign to address the hidden danger of methane gas in small coal mines, which produce about a third of the country's coal, the […]
Sparkle to return in diamond industry in long term: DTC
Agencies Mumbai, April 25: The long-term supply and demand trends of the diamond industry remain very promising as markets, notably India and China, are expanding, a top industry official said here.
Leading methane drainage technology in China
Industrea has signed a contract with Shanxi Asian American Daning Energy Co. (SAADEC) worth A$2 million. SAADEC is acquiring additional underground directional drilling equipment supplied by Industrea subsidiary Wadam Industries for Daning Coal Mine, Shanxi Province. SAADEC is now the longest user of Australian-built underground directional drilling equipment and the Daning mine is using Industrea’s Advanced Mining Technologies [...]
Shenhua says Q1 coal production up, but sales steady
HONG KONG, April 14 (Reuters) – China Shenhua Energy Co (1088.HK) (601088.SS), the country's biggest coal producer, said on Tuesday its commercial coal production rose 16 percent in the first quarter but sales were steady….jmore […]
Bridgestone to boost production in China
Bridgestone Corp. will increase radial passenger tire production at its Bridgestone (Wuxi) Tire Co. Ltd. factory in China….more at MTD
China seeks more contract iron ore sales from India – official
BEIJING (XFN-ASIA) – China needs to shift its iron ore purchases from India to focus on more long-term contract sales, according to Liang Shuhe, deputy director of the department of foreign trade at the Ministry […]
Outotec to Deliver Modern Iron Ore Pelletizing Technology to China
Outotec has agreed with Shougang Jingtang United Iron & Steel Co. Ltd on the delivery of new environmentally sound technology for Shougang's iron ore pelletizing plant to be built in Caofeidan, China. The contract value […]
World steel production to rise by 5.6 percent this year
MEPS forecasts crude steel production in 2008 at 1420 million tonnes – 5.6 percent up on the outturn in the previous twelve month period. This rate of growth is below the year earlier figure of […]
Terex Announces Plans to Establish AWP Manufacturing Facility in China
WESTPORT, CT, April 15, 2008 – Terex Corporation (NYSE: TEX) today announced that as part of a plan to expand globally, Genie Industries, a leading manufacturer of aerial work platforms and part of the Terex […]
Bateman makes major acquisitions in mineral processing
As IM May is prepared for printing, with an article on developments in mineral processing, comes dramatic news from Bateman. The company has recently acquired the mining-process division of Intertech, with a strong market presence in the CIS. Even more significant, Bateman’s latest acquisition, announced as IM goes to press, is that of the Delkor [...]
Cutting-edge technology – Caterpillar powers China-built IHC Merwede dredgers
Since cooperating on the dredger project “BeiYa 1” back in 2005, WesTrac China and IHC Merwede, the global leader in the design, fabrication and supply of equipment for the dredging industries, have collaborated on 23 newbuildings for the Chinese dredging market. These dredgers belong to three different models and utilise six different types of Caterpillar engines, with a total 81 units involved.
Caterpillar Paves the Future for its Customers in China
BEIJING, People’s Republic of China (PRC) – Caterpillar Inc. (NYSE: CAT) Chairman and CEO Jim Owens visited Caterpillar’s newest prime product manufacturing facility in China, Caterpillar Paving Products (Xuzhou) Limited (CPPX), during his most recent visit to Asia.
