December 23, 2011 Australia’s iron ore miner Fortescue inks deal with aborigines Australian iron ore mining company Fortescue Metals Group announced on Friday it had signed a land access agreement with the Njamal People for the North Star project in the Pilbara…
December 22, 2011 Vetorial stays in pig iron despite ambitious iron ore venture Brazil’s Vetorial Participações will keep its merchant pig iron business despite moving into a 7.6 billion Reais ($4 billion), 20 million-tpy iron ore joint venture called Vetria Mineração.
December 22, 2011 Kobe Steel enlisted to help India upgrade $400m iron ore nuggets plant The government-owned Steel Authority of India (SAIL) has commissioned Japan’s Kobe Steel to upgrade its manufacturing facilities and set up a new $400 million iron ore nuggets plant in Durgapur,…
December 21, 2011 Kumba: the unintended beneficiary in Sishen saga While the judge ruled in favour of ArcelorMittal in the dispute between it and Imperial Crown Trading, Kumba has emerged with some of the spoils
December 21, 2011 Anglo American’s Kolomela iron ore mine delivers first ore The miner said the $1 billion Kolomela iron ore mine in South Africa has exported its first shipment, putting the project ahead of schedule and on track to achieve full…
December 21, 2011 ArcelorMittal pulls out of Thai G Steel deal Shares in the Thai steelmaker fell sharply on Wednesday after ArcelorMittal pulled out of a deal to buy a 40% stake in it.
December 21, 2011 China warns of Iranian iron ore import risks In a spat similar to one the two countries had over crude that has seen Iranian oil shipments bound for country halve for January, China has warned local firms about…
December 21, 2011 Minas-Rio costs soar 15% to $5.78 billion Anglo American (LON:AAL) has increased the capital expenditure budget for its largest project in development, the Minas-Rio iron ore mine in Brazil, by 15%, the London-listed major miner announced on…
December 20, 2011 Tenova acquires Bateman Engineering N.V. Tenova, a worldwide supplier of advanced technologies and equipment for the iron & steel and mining industries, announces today the acquisition of Bateman Engineering N.V., a leading equipment supplier and…
December 20, 2011 Adriana signs joint venture with WISCO on C$13bn iron ore project Adriana Resources makes progress on its Lac Otelnuk iron ore project in Quebec, inking a joint-venture agreement that sees Chinese steel-maker WISCO buy a 60 percent stake
Iron ore logs annual gain in a dramatic recovery fuelled by steel exports Prices of the key steelmaking ingredient had come under pressure earlier this year on expectations of a supply glut and forecasts of faltering demand in China. December 31, 2025 | 09:27 am
