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Top coal producer Shenhua denies knowledge of Datang merger
Release time: 2017/03/30 18:36:00
China's State-owned enterprise regulator the State-owned Assets Supervision and Administration Commission(SASAC)has asked coal mining giant Shenhua Group Corp and power generator China Datang Corp to discuss a p...
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BHP to push ahead with mine after ore levy defeat
Release time: 2017/03/30 18:31:00
Iron ore boss Edgar Basto said the rejected WA Nationals plan for a$US5-a-tonne levy had jeopardised the South Flank development by making it less competitive with rival projects in the BHP portfolio.The return ...
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BHP mulling Yandi options
Release time: 2017/03/29 17:02:00
BHP’s asset president for Western Australian iron-ore, Edgar Basto on Wednesday said the Yandi mine, located in the central Pilbara, was currently operating at 80-million tonnes a year, but would be depleted ov...
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Iran to inaugurate new iron ore processing plants
Release time: 2017/03/28 14:59:00
The two privately-funded projects?are still in progress and will come on stream in April, the Islamic Republic’s Mines and Mining Industries Development and Renovation Organization(IMIDRO)reported. Sangan mine...
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Iron ore slips, extending week loss to 7.9 percent
Release time: 2017/03/27 17:23:00
It's an overdue correction in prices, which have risen too much, Ralph Leszczynski, head of research at shipbroker Banchero Costa&Co, said in an email on Friday.Iron ore rallied last year on stronger-than-expect...
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Iron ore output, post ban, rises nearly 27%
Release time: 2017/03/27 17:18:00
While in the same period of 2015-16 it stood at 122 million tonnes.According to the Mines Secretary, Arun Kumar, the percentage increase is 26.63%, whereas 7.79% increase in value terms is being seen.The country...
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Iron ore price drops on China steel demand doubts
Release time: 2017/03/24 15:23:00
High quality global journalism requires investment.Benchmark Australian ore with 62 per cent iron content was assessed at$84.2 a tonne by the Steel Index, a drop of$3.2.Analysts at Goldman Sachs expect steel mar...
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China iron ore hits 10-week low as steel stretches losses
Release time: 2017/03/23 16:06:00
Chinese iron ore futures have lost more than 21 percent since touching a record high last month, and its slump has fuelled a 10 percent drop in spot iron ore prices during the same period.Iron ore's rally this y...
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Iron ore falls with steel in China, but outlook firm
Release time: 2017/03/21 17:22:00
Both commodity futures marked their biggest weekly rallies in two months last week.Steel consumption in China, the world's top user, increased about 8 percent in January and February from a year ago, suggesting ...
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Cost cuts to protect big iron ore miners
Release time: 2017/03/17 17:37:00
More than 90% of producers in the global seaborne market can generate profits at a benchmark price of$60 a tonne, Adrian Doyle, a Sydney-based senior consultant at researcher CRU Group, said.That compares with a...
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Indian DRI plants face iron-ore shortage
Release time: 2017/03/16 16:18:00
The shortage of iron-ore faced by DRI units has become so acute that a Minister of the southern Indian province of Karnataka, in a meeting with federal government officials earlier this week.Sought urgent and im...
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China's February imports surge, exports growth slows
Release time: 2017/03/14 16:28:00
Imports in yuan-denominated terms increased by 44.7 percent year-on-year last month, markedly higher than the 25.2 percent growth in January and market expectations, according to the General Administration of Cu...
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