Posts by :

Jindal proposing $65M for Nucor project

Gov. Bobby Jindal says he's proposing the state set aside $65 million in its annual construction budget for a possible $2 billion pig iron plant in southeast Louisiana by steelmaker Nucor Corp.

Australia prime minister worries about Rio Tinto verdict

Australia's prime minister said March 30 that secrecy surrounding China's trial of four Rio Tinto workers for commercial spying leaves room for doubt about the convictions and a major Australian commerce group said the result could harm business confidence.

Steelmakers fight back

SHANGHAI: Steelmakers are fighting back over attempts by the US$200 billion iron ore mining industry to raise the cost of their main raw material, calling for regulators to investigate an "oligopoly" that inflates prices.

Rio Tinto Terminates Employment Of Convicted Staff

Rio Tinto said Monday that in accordance with its company policies, it will terminate the employment of the four Shanghai-based employees convicted of bribery and spying charges, saying in a statement the evidence it had reviewed in relation to the bribery charges pointed to "deplorable" conduct that was "at odds" with its ethical culture.

Featured Post

Kennecott proposing expansion of Utah copper mine

Kennecott Utah Copper Corp. is proposing an expansion of its Bingham Canyon mine that would extend its life to 2034.