Iron Ore Mining News

Vale, Xstrata still viewed as Baffinland buyers

Baffinland Iron Mines shares are pushing well past the most recent offer price for the company on bets that a company such as Vale SA or Xstrata PLC will make a blockbuster bid to keep […]

Metso makes assembled crushers attractive to iron ore customer

Metso Minerals assembled crushers save time and improve safety for iron ore concentrator in Western Australia at the Karara project. This is an integrated development of a magnetite deposit, to produce both high grade magnetite concentrate on-site and […]

BHP, Rio scrap $116bn iron JV

Caving to opposition from all sides, the two firms shelved the joint venture that they claim would have reaped more than $10bn in savings, 16 months after they first unveiled the plan. Read more

ABB wins $47 million power orders to support mining expansion in Australia

ABB, the leading power and automation technology group, has won orders worth $47 million to supply power substations to help Rio Tinto increase production capacity at iron ore mines in the Pilbara region of Western […]

World first technology and strategic Russian/South African partnership set to assist in conquering the global 1.3 billion tonne steel market

An initial investment by OAO Severstal, one of the world’s leading integrated steel and mining companies, into South African company Iron Mineral Beneficiation Services (IMBS), could see IMBS’s cutting-edge technology enter the global market and […]

World Steel Association expects record 2010

“Stronger-than-expected increases in steel demand in Europe, Japan and the former Soviet Union are propelling the global steel industry to a robust recovery this year, according to forecasts released by the World Steel Association. The […]

Strong 3-6 months for nickel, then supply growth to hit; iron ore outlook positive

While the nickel market looks firm in the near term, Macquarie analysts report that longer term supply growth could impact prices. Iron ore prospects look good for the time being. Read more

ABB wins comprehensive service contract for Boliden's Aitik mine

ABB, the leading power and automation technology group, has won a maintenance service contract from Boliden AB to maintain the high productivity, increased energy efficiency and lower operating costs afforded by ABB power and automation […]

Tenova TAKRAF wins iron ore bulk handling equipment orders in Brazil and Mauritania

Tenova TAKRAF was recently awarded a new order by Vale for an iron ore stacker to be installed at Ponta de Madeira Terminal, Brazil. Read more

Outotec to Supply Iron Ore Sinter Plant for SAIL in India

Outotec has won an order from Steel Authority of India Ltd (SAIL) for the design and delivery of an iron ore sinter plant for SAIL's Bhilai Steel Plant in Chhattisgarh. MEI Online reports

Lokotrack & Lokolink – success of truckless system in Samarco

Samarco is an iron ore mining company formed by a joint venture between two giants: Vale and BHP Billiton. Samarco's mine is located in the Southeast region of Brazil, in Minas Gerais State, approximately 600 […]

Anglesey Mining – Labrador barriers to be removed

Anglesey Mining plc’s 41% owned associate Labrador Iron Mines (TSX:LIM) has reported that agreement has been reached with the Innu Matimekush–Lac John to immediately remove the barriers that had restricted normal access from the town […]

Metso to supply mining equipment to the Karara iron ore project in Australia

Metso will supply mining equipment to Gindalbie Metals Limited for their Karara iron ore project situated in the Midwest region of Western Australia. The delivery will be completed during the second quarter of 2011. Read […]

ABB wins three-year maintenance partnership agreement in Oman

Agreement covers project planning, commissioning and long-term maintenance management to maximize efficient operation at Vale’s iron ore and pellet plant and distribution center in Oman. Read the full press release

Rio Tinto to invest additional US$790 million in expansion of Pilbara capacity to 330 Mtpa

Rio Tinto is to invest a further US$790 million in its drive to expand the annual capacity of iron ore operations in the Pilbara to 330 million tonnes. Read more

Rio Tinto to invest US$170m for the next stage of the Simandou iron ore project in Guinea

Rio Tinto has advanced to the next stage of developing its world-class Simandou iron ore project in Guinea, approving US$170 million of further funding for mine, rail and port infrastructure work. Read more

Increasing prices, demand lead to increase in mining projects

The increase in the gold price, the stability of the platinum price and increasing demand for copper, iron-ore and coal from China and India are leading to increased diversified mining in Africa, says engineering consultancy […]

Riversdale Mining signs agreements with Chinese venture partners for the development of the Zambeze Coal Project, Mozambique

Riversdale Mining Limited (ASX: RIV) has signed a non‐binding Memorandum of Understanding (“MoU”) with Wuhan Iron and Steel (Group) Corporation (“WISCO”) and a logistics partnership agreement with the China Communications Construction Company ("CCCC") for the […]

Larox Flowsys introduces heavier knife gate valves to withstand higher pressures

The new line of Larox Knife gate valves prove to be advantageous over competition. Along with the industrial cast-iron body and heavy duty stainless steel gate, each Larox Knife gate valve is fully loaded and […]

Metso to supply mining equipment to TISCO in China

Metso will supply mining equipment to TISCO’s iron ore processing plant in Lan county Shanxi Province China. The delivery will be completed during the third quarter of 2011. The value of the order is approximately […]

BHP, Rio strike royalty agreement with W. Australian government

The long awaited new agreement on iron ore royalties from the Pilbara for the Western Australian Government has now been agreed to by the two mining giants Rio Tinto and BHP Billiton.  Read more

Baffinland Reviews Early Stage Production via Road Haulage and Accelerates Completion of Draft Environmental Impact Statement

Baffinland Iron Mines Corporation (TSX:BIM) announces that it is reviewing a road haulage option that would result in early stage iron ore production while the Company continues to pursue the development of the Steensby Inlet […]

Karara contracts and orders approach $1 billion

Gindalbie Metals Limited (ASX: GBG – “Gindalbie”) is pleased to announce the Karara Iron Ore Project will reach a key milestone in coming months with the value of service contracts and orders expected to reach […]

Asian steel prepares for Q3 price onslaught

Quarterly iron ore prices may mean greater flexibility but also mean big cost rises just as steel product prices look like flagging

Recovering high grade iron ore in India

Bhushan Steel and the Steel Authority of India (SAIL) have recently purchased new iron ore washing plants from CDE Global through its sister company CDE Asia. The iron ore washing plant to be installed for […]