Research and Markets has announced the addition of the “China Industry Research and Investment Analysis: Iron Ore Mining Industry, 2008” report to their offering.
The unprecedented growth seen in China, India and Russia has created strong demand for iron ore. China itself consumes over 50% of the world’s iron ore production. The shortage of iron ore [...]
Research and Markets has announced the addition of the “Rio Tinto Plc - Company Profile” company profile to their offering.
Company Profile will assists individual investors, managers and companies in evaluating opportunities, trends, market innovations, and selecting appropriate information solutions in order to make effective decisions. The report has been made after extensive research using the [...]
The outcome of annual iron ore contract price negotiations between Australian suppliers and Chinese buyers must be decided by market forces, Australian Trade Minister Simon Crean said Saturday.
China wanted the status of a market economy, which Australia previously formally recognized during trade negotiations, so it must recognize that the market will determine prices, he said.
“No [...]
Rio Tinto Ltd chief executive Tom Albanese has again rejected the notion of teaming up with other companies to counterbid for hostile suitor BHP Billiton Ltd.
An April 8 report from ING Bank NV said a “defensive bid by Rio Tinto for BHP Billiton, with the disposal of the petroleum assets and some mining assets could [...]
Metallica Minerals Ltd and joint venture partner Metals Finance Corp have entered into a nickel supply agreement with BHP Billiton Ltd.
Shares in Metallica and Metals Finance jumped on the news, up 13.64 per cent and 10.64 per cent respectively at 1115 AEDT.
BHP Billiton has agreed to purchase all of the nickel from the mining juniors’ [...]
Booming uranium prices could tempt Anglogold Ashanti Ltd. , the gold mining arm of Anglo American , into uranium exploration in Australia, a company executive said on Wednesday.
Anglogold, which already mines some uranium as a by-product from gold mines in South Africa, was looking at the potential for yielding uranium from the Tropicana gold prospect [...]
Mitsubishi Corp., Japan’s largest trading company, and Murchison Metals Ltd. agreed to jointly develop a A$3 billion ($2.5 billion) iron ore project in Australia amid soaring demand for the steelmaking ingredient.
The two companies want to build a port, railroad and develop the Jack Hills mine in Western Australia state, Tokyo- based Mitsubishi said in a [...]
BP Plc and Rio Tinto Plc formed a joint venture, Hydrogen Energy, to develop technology for producing power from coal, oil and natural gas without emitting the gases blamed for global warming.
Rio will pay $32 million to BP to form the equally owned venture, which includes two planned BP hydrogen-fuel projects in Scotland and California [...]
Australia’s main opposition Labor Party has dropped its 25-year-old ban on new uranium mines, paving the way for industry expansion.
Delegates at the party’s annual conference voted today to support Labor leader Kevin Rudd’s motion to overturn the ban and allow the uranium industry to develop “under the most stringent conditions.” State governments have the power [...]
Rio Tinto Group, the world’s second-largest iron ore exporter, is studying expanding annual production of the steelmaking ingredient by 36 percent in Western Australia, amid “tight” global supply.
Output may rise to 300 million tons from 220 million tons in 2009, Chief Executive Leigh Clifford said at a press conference in Perth, Australia. Sam Walsh, Rio’s [...]
