September 6, 2011 Vale carriers up for sale – analyst blog Brazilian Miner Vale S.A (VALE) has planned to sell or lease its planned fleet of giant bulk carriers and is in talks with the Chinese and other ship owners on…
September 6, 2011 Panzhihua Steel Baima Mine posts record iron ore concentrate output in August It is reported that In August, Sichuan Province based Chinese steel producer Panzhihua Steel Baima Mine produced a record high iron ore concentrate output of 229,370 tonnes. During the first…
September 6, 2011 77 Chinese steel makers profit CNY 8 billion in July According to China Iron and Steel Industry Association, some 77 major steel makers across mainland China earned a total profit of CNY 8.59 billion in July drop of 35.45%MoM. Profits…
September 6, 2011 GMS weekly report on China ship breaking industry for Week 35 The stability from the Chinese market has more or less become a hallmark of its identity as levels for ships literally appear to be etched into the ongoing fixtures. Most…
September 6, 2011 Pellet plants must for captive iron ore mines in Jharkhand ET reported that Jharkhand has emerged as the first state to make it mandatory for companies with captive iron ore mines to set up pellet plants to utilize their increasing…
September 6, 2011 Chinese under-reporting persists in 2011 but motives differ The Chinese steel industry is struggling to meet soaring demand from infrastructure and social housing projects, and is turning to high cost, previously shuttered, steel mills to make up the…
September 6, 2011 Vale in talks to sell mega iron ore vessels Brazilian mining giant Vale (VALE5.SA) is in talks with Chinese and other ship owners to sell or lease its planned fleet of giant bulk carriers, a Vale official told Reuters…
September 5, 2011 More arrests in India as corruption cancer spreads India's reputation as a mining jurisdiction was further besmirched today after two powerful mining magnates were arrested over allegations of corruption. The Guardian reports that Indian police have arrested Gali…
September 5, 2011 Mining industry hails Reddy’s arrest The arrests of former Karnataka Minister, Mr G. Janardhana Reddy, and the Managing Director of Obalapuram Mining Company, Mr B.V. Srinivas Reddy, signalled a change for the better in the…
September 5, 2011 Rio, Anglo aim to sell 75% stake in Palabora Mining valued at $700 million Rio Tinto Group and Anglo American Plc (AAL), which together own about three-quarters of Palabora Mining Co., said they plan to sell their entire holdings in the South African miner…
Copper poised for best year since 2009 after December surge All six base metals on the LME are headed for annual gains in a year that’s seen an array of supply-side pressures. December 24, 2025 | 10:11 am