Iron Ore Mining News

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 […]

A heavy-duty mining success in China

During a long, well-planned process, Anshan's iron ore mine in Qidashan, China, has built and completely restructured its mining process. After two remodeling phases, completed together with Metso, the mine today produces over 10 million […]

Enerpac Strand Lift safely hoists massive iron ore mills from China

An Enerpac (A Division of Actuant Corp) Strand Lift system capable of safely positioning huge loads to accuracies within fractions of a millimeter is being employed by VDM Group in constructing Australia’s largest-ever magnetite mining and […]

Small Australian iron ore miners face some big challenges

Some analysts are concerned that many of these producers are too reliant on Chinese demand, especially as China begins to build its own mines.

LKAB gets the go-ahead for new iron ore mine in Sweden

LKAB has been granted an environmental permit for the new open-pit mine at Gruvberget, near the village of Svappavaara in Kiruna, Sweden. “We are very pleased, now we can open LKAB’s first iron ore mine in 50 years,” says President, Lars-Eric Aaro.  The plan is to gradually increase production at the new mine up to [...]

Rio Tinto restarts iron ore expansion programme in Canada with US$400 million investment

Rio Tinto has announced the re-commencement of its expansion programme in its Iron Ore Company of Canada (IOC) operations. The Board of IOC has approved new investment of US$401 million (Rio Tinto share US$235 million) […]

Vale: finding King Solomon's mines?

Brazil's Companhia Vale do Rio Doce (Vale), the dominant name in seaborne iron ore, has seemingly found Guinea's iron ore potential irresistible, following the announcement that it has agreed to pay USD 2.5bn for a […]