BHP beats iron ore, petroleum expectationsWed, 18 Jul 2018 22:13:00 GMT
BHP Billiton produced more iron ore than analysts had expected over the past 12 months, but revealed it would book a $US440 million charge related to the Samarco dam disaster. The company also confirm...
Vale says to make new $390 million provision for Samarco disasterWed, 18 Jul 2018 10:33:00 GMT
BRASILIA Reuters - Brazilian iron-ore miner Vale SA will make an additional 1.5 billion reais ($390 million) provision in its second quarter results to cover obligations due to the Samarco dam failu...
BHP posts record iron output, and takes $650m hit from Samarco ...Wed, 18 Jul 2018 05:03:00 GMT
It also reported record levels of iron ore output and a $650m hit from the fatal Samarco dam collapse in Brazil. The worlds largest miner is seeking to exit the onshore US shale oil and gas business, ...
BHP hits record iron ore output, flags Samarco chargeWed, 18 Jul 2018 05:02:00 GMT
BHP said Wednesday it was on track to sell its US shale assets as the world's largest miner reported record levels of iron ore output and a US$650 million hit from the fatal Samarco dam collapse in Br...
NMDC 's move to invite bids for OSOTN-ANDM of its upcoming steel ...Wed, 18 Jul 2018 00:00:00 GMT
The Nagarnar plant was conceived in 2011 with the idea that NMDC's forward integration into steel will utilise its rich reserves of iron ore and help it move up the value chain.
BHP revs iron ore engine as pricing tailwinds blowTue, 17 Jul 2018 19:43:00 GMT
Iron ore was the only commodity in red ... BHP will take another exceptional charge of $US440 million against its 2018 profits in relation to the Samarco dam failure at its Brazilian joint venture. Th...
Tangshan issues third industrial production curbs notice in two ...Tue, 17 Jul 2018 18:10:00 GMT
That is the third notice issued by Tangshan within two weeks ordering industrial plants, including steel mills, coke producers and miners, to cut production. Here is a list of policies targeting mills ...
Rio, Vale output soars as big miners grow shareTue, 17 Jul 2018 07:31:00 GMT
The world's biggest iron ore miner has flagged plans to grow production by 18 ... The Indian state of Goa is out of the trade, Samarco is out, Anglo American's Minas Rio in Brazil is also out, Chinese ...
Chinas steelmaking raw materials dip over new round of production ...Mon, 16 Jul 2018 14:36:00 GMT
Chinese steel making raw materials were generally weaker on Monday, pressured by worries over waning demand after a new round of production curbs in the countrys top steelmaking city. Tangshan city i...
Vales iron ore output hit fresh record high despite trucker strikeMon, 16 Jul 2018 13:28:00 GMT
The Rio de Janeiro-based miner said iron ore output hit 96.755-million tonnes in the ... Some miners halted operations while others, including Companhia Siderurgica Nacional, declared force majeure. B...
South Star Mining Targets Trial Mining License in BrazilMon, 16 Jul 2018 01:58:00 GMT
South Star Mining Corp announced that further to the Company's recent closing of the 100% acquisition of Brazil Graphite SA, and raising a total of CAD 4.94 million, the Company is proceeding with bui...
China's steelmaking raw materials dip over new round of production ...Sun, 15 Jul 2018 19:51:00 GMT
BEIJING, July 16 Reuters - Chinese steel making raw materials were generally weaker on Monday, pressured by worries over waning demand after a new round of production curbs in the countrys top stee...
Shanghai steel rebar hits 10-month high on low inventoryFri, 13 Jul 2018 14:37:00 GMT
Earlier this week, Chinas top steelmaking city, Tangshan, in the northern province of Hebei, said it had ordered industrial plants, including steel mills and coke producers, to close some production ...
Focus: Survival of the finest: miners reboot as smog-hit China ...Fri, 13 Jul 2018 06:37:52 GMT
BEIJING/MANILA Reuters - For miners seeking to cater to the changing appetite of China, the world's biggest iron ore importer, all eyes are on Tangshan, the country's biggest steel-making city and the drastic measures it's taking to rein in pollution. Tangshan has also warned mills they could face closure if they don't meet emission targets by October. The impact on pricing for iron ore has been dramatic and miners are scrambling to revamp their strategies in response.
Shanghai rebar hits 10-month top as Chinas pollution fight intensifiesThu, 12 Jul 2018 14:20:00 GMT
And Tangshan, Chinas biggest steelmaking city, has ordered steel mills, coke producers and utilities to cut output further for six weeks from July 20 until Aug 31 to improve its notorious air quality ...
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