December 29, 2011

Metals – Brazil – Vale’s Chinamax vessel starts unloading its first iron ore in China

Brazillian firm Vale's (NYSE: VALE) Chinamax vessel started unloading its first iron ore in China on Wednesday after months of uncertainty on accessing its largest market's ports, news service Exame…

December 29, 2011

Sale of Putu Iron Ore Project

Afferro signs definitive sale and purchase agreement to divest interest in the Putu Iron Ore Project for a minimum of US$115 million cash consideration.

December 29, 2011

Legacy Iron Ore acquires 60 pct of Hawthorn

IBTimes reported Legacy Iron Ore (ASX:LCY) is poised to acquire a 60 per cent control in Hawthorn Resources (ASX:HAW).

December 29, 2011

Monadelphous awarded iron ore construction contract

Monadelphous Group has received a notice of award for a contract with BHP Billiton Iron Ore for construction works at its Port Hedland Inner Harbour Project at Finucane Island and…

December 28, 2011

W. Australia looks to China for iron ore project

Western Australia invited China to invest in a A$5.94 billion (US$6 billion) port and rail project that aims to open up a new iron ore province in the state's Mid…

December 27, 2011

Japan Q1 crude steel demand seen at near 2-yr low

Japanese demand for crude steel is expected to fall 6.2 percent from a year earlier to an almost two-year low of 26 million tonnes in the January-March quarter, as a…

December 27, 2011

Christmas light recyclers learn their tricks from miners

The Atlantic profiles Christmas light recyclers, a job that moved to China when the environmental restrictions in the U.S. became too onerous.

December 26, 2011

FeOre aims for first rail haulage of Mongolian iron ore within two years

FeOre, a Mongolia focused iron ore explorer, has been admitted to the ASX following a successful initial public offer of up to AUD 140 million shares at AUD 0.25 to…

December 26, 2011

Iron ore may rise to $150 if China eases credit rules

Umetal.com forecast based on Chinese demand New York: Iron ore may rise to $150 (Dh551) a metric tonne by March on expectations China's central bank will ease credit conditions and…

December 25, 2011

Ukraine to produce 36 million tonnes of steel in 2012

The Ukrainian parliament has forecast 3.8% growth in domestic pig iron production in 2012 compared to the expected results for 2011, increasing to 30 million tonnes. Production of steel is…