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 [...]

China’s Sinosteel Corp. said Wednesday it has boosted its stake in Australian iron ore miner and developer Midwest Corp. to 28.4 percent, from 19.9 percent.
The Chinese metals trader, which is battling Murchison Metals Ltd. for Midwest, is bidding 1.36 billion Australian dollars (US$1.3 billion; ?830 million) in an offer that ends June 13.
Sinosteel had 60.4 [...]

It’s taken almost four years and $3 billion, but Australia’s wealthiest individual Andrew “Twiggy” Forrest is about to turn his iron ore dream into reality.
The first commercial export shipment of his Fortescue Metals Group Ltd is due to commence loading on Thursday at Port Hedland in Western Australia’s remote Pilbara region.
The iron ore is from [...]

Beijing is poised to take greater control of China’s push to secure Australian iron ore assets, amid speculation that Chinese entities are considering a $22 billion-plus share raid on BHP. China’s top planning agency says its state-owned enterprises needed greater “macro-guidance” to reduce risks and competition, given the spiralling value of iron ore assets, The [...]

The union government on Thursday decided to call a meeting of country’s iron ore producers next week to discuss problems faced by the sector.
Speaking to reporters here, Commerce Secretary G.K. Pillai said: “We have called a meeting of the iron ore producers on 1st April. We will persuade them to reduce prices and any hike [...]

Vale , the world’s largest iron ore miner, said on Tuesday that talks aimed at buying Swiss rival Xstrata had failed and that Vale would look at other potential takeover targets.
“Given that an agreement was not reached, discussions between the parties have been discontinued,” Vale said in a statement to the local market regulator. Vale [...]

The world’s second biggest iron ore miner has flagged changes to the way the commodity is priced saying it is prepared to sell into the lucrative spot market and hold off on finalising contracts until major Chinese customers cave in to its demands.
The head of Rio Tinto’s iron ore division, Sam Walsh, says the company [...]

Brazil’s CVRD, the world’s biggest iron ore miner, said on Wednesday it will acquire full control of its iron ore subsidiary, Mineracoes Brasileiras Reunidas (MBR), from Japanese partners.
Companhia Vale do Rio Doce previously held an 89.8 percent stake in MBR, the world’s fourth-largest iron ore producer, with output of 64.6 million tonnes in 2006. MBR [...]

Profits at CVRD, the world’s largest iron ore miner, soared 28 percent in the fourth quarter amid seemingly insatiable global demand for the raw ingredient used to make steel, the company said Wednesday. The miner’s profits for all of 2006 rose 29 percent compared with the year before.
Companhia Vale do Rio Doce SA earned 3.4 [...]

FOURTEEN prospective Pilbara iron ore miners have formed a fledgling alliance to fight for access to critical transport infrastructure in the region, including the massive port and rail networks of mining giants BHP Billiton and Rio Tinto.
The so-called Pilbara Iron Ore Alliance will aim to present a united front to lobby for infrastructure access and [...]