Iron Ore Mining News

Atlas Copco wins rock reinforcement order from LKAB in Sweden

Atlas Copco has won an order to supply the iron ore mining company LKAB with equipment for rock reinforcement, for its Kiruna and Malmberget mines in Sweden. Kiruna is one of the largest underground mines in the world. The value of the order, which includes an extensive service agreement, is about SEK140 million.

CSN Integrates IntelliMine® Suite at Casa De Pedra

Tucson, Arizona – October 22, 2008 Modular Mining Systems, Inc., the market leader in information management solutions for mining operations worldwide, announces that Companhia Siderúrgica Nacional (CSN) will implement the Modular IntelliMine® integrated asset management […]

Metso to supply equipment for iron ore pelletizing plant to China Metallurgical Group in Australia

Metso will supply equipment and services for a grate-kiln iron ore pelletizing system to China Metallurgical Group in Western Australia.

ABB Australia win $60 million order for power projects in Western Australia

Australia have announced that they won orders worth $60 million for power projects to help the international mining group, Rio Tinto, to increase capacity at their iron-ore mines in the Pilbara region of north-west Western Australia.ABB

ABB wins $48-million order for power projects in Western Australia

Increased supply of reliable power to help Rio Tinto expand iron-ore mining Zurich, Switzerland, Sept. 29, 2008 – ABB, the leading power and automation technology group, has won orders worth $48 million for power projects […]

Siroll PM Concept Continues to be Successful in China: Siemens Supplies Drives and Automation for New Plate Mill at Ningbo Iron and Steel

Chinese steel producer Ningbo Iron and Steel Co. has awarded Siemens a contract to engineer and supply the drive and automation systems for a new 4.3-meter plate mill. All the systems and components used are […]

Brazil mine for Rio

RIO Tinto has given the green light to a $US2.15 billion iron ore mine expansion on Brazilian rival Vale's home turf….topix

Rio to invest $514m on Pilbara upgrade

RIO Tinto plans to invest more than $US500 million on upgrading its power sources in the Pilbara region of Western Australia to support its expanding iron ore operations…topix

Rio Tinto facing up to higher costs

Rio Tinto said all miners were grappling with input costs as it reported second-quarter refined copper output tumbled 18% from the same period a year ago, while iron ore production was up 13%….more at Mining Journal

The kings of iron ore get record prices

Rio Tinto's record settlement for benchmark iron ore annual contract prices, announced this week, is akin to oil prices instantaneously moving up to $270 a barrel, or gold bullion jumping in a jiffy to around ...

Metso to supply crushing equipment to Assmang Limited in South Africa

Metso Minerals will supply crushing equipment to Assmang Limited for its Khumani iron ore mine in the Northern Cape of South Africa. The delivery will be completed during the second quarter of 2010. The value […]

China's steel mills may boycott BHP's ore; dismiss price rise

The Chinese government and steel industry officials are looking at boycotting iron ore imports from BHP Billiton in order to pressurize the Anglo-Australian miner to rethink a somewhat steep price rise, ...

BHP looks to abandon annual contract pricing for iron ore

Mining major BHP Billiton Tuesday gave its clearest indication to date that it will move away from annually priced iron ore contracts in favor of an external reference index-correlated pricing system after its ...

Metso to supply an iron ore induration machine to Trinidad & Tobago

Metso Minerals will supply an iron ore induration machine to Global Supplies Ltd., a member of the Essar Group. The machine will be delivered to Essar Steel Holdings Ltd. for its Point Lisas Pellet Plant […]

Markets look to settle iron ore prices

The annual battle to settle iron ore prices appears headed toward deadlock, but exchanges are quietly looking at developing contracts that could change the way the industry sets prices.

WESTPORT, CT, June 20, 2008 — Terex Corporation (NYSE: TEX) today announced that it will host an Investment Analyst Meeting on September 4, 2008, at the Terex Corporation headquarters in Westport, Connecticut.  The event is […]

Siemens VAI Expands Local Business in Russia – Need for Modernization in the Iron and Steel Industry Calls for Local Competence and Value Adding

Siemens VAI is reorganizing its Russian business. “The share of Russian value added to our projects in the iron and steel industry will more than treble in the next two years”, Werner Auer, CFO of […]

Rio Tinto to automate iron ore railway in Australia's Pilbara

Rio Tinto plans to invest $371 million to automate its iron ore railway in the Pilbara region of Western Australia, following successful trials, the UK-Australian mining group said Monday.

Driverless trains for Rio Tinto in the Pilbara

Rio Tinto will invest $371 million [(Rio Tinto share $350 million)  to automate its iron ore railway in the Pilbara region of Western Australia, following successful trials. Within five years, driverless trains will be operating on most of the 1,300 km of track that serves the Pilbara operations, helping Rio Tinto meet its goal of expanding [...]

Metso to supply an iron ore beneficiation plant to India

Metso Corporation Press release on June 11, 2008 at 2.00 p.m. Metso Minerals will supply an iron ore beneficiation plant to BMM Ispat Ltd’s Hospet-Bellary mine in Karnataka, Southern India. The delivery will be completed […]

Oversupply puts zinc under pressure

Steel-making materials such as iron ore, coking coal and manganese have hit the headlines this year in light of record prices due to a boom in demand from the industrialising economies of China and India.

Metso to supply iron ore induration machine to JSW Steel Ltd in India

Metso Minerals will supply an iron ore induration machine to JSW Steel Ltd., India.

QMASTOR’s Pit to Port, SMS3D and iFuse systems selected by leading Australian Iron Ore Group

The directors of QMASTOR Limited (ASX:QML) are pleased to announce the signing of a major contract with an Australian iron ore producer for the provision of their Pit to Port.net, SMS3D.net and iFuse systems across […]

Metso to supply crushing equipment to Australia

Metso Minerals will supply crushing equipment to BHP Billiton Iron Ore for the Yandi mine development project in Western Australia. The delivery will be completed by the end of year 2009. The value of the […]

Metso to supply crushing equipment to Australia

Metso Minerals will supply crushing equipment to BHP Billiton Iron Ore for the Yandi mine development project in Western Australia. The delivery will be completed by the end of year 2009. The value of the […]