Vale is the world’s biggest producer of iron ore and pellets, raw materials essential to the manufacture of steel. Iron ore is found in nature in the form of rocks ...
Atlas Iron is precariously close to becoming the first high profile victim of the spectacular collapse in the iron ore price. Photo: Reuters The spectacular collapse ...
Mining is the extraction of valuable minerals or other geological materials from the earth from an orebody, lode, vein, seam, or reef, which forms the mineralized ...
Iron ore prices had their ninth straight fall last night, with benchmark prices monitored by The Steel Index dropping $US2.30, or 4.4 per cent, to $US49.70 a tonne ...
IRON-ore prices would need to fall and linger about $30 per tonne for companies such as Kumba Iron Ore to consider scaling back output, Liberum Mining Team said last ...
Vale SA (ADR) , BHP Billiton Limited (ADR) , and Rio Tinto plc (ADR) are three of the world's largest iron ore miners. That's not all they have in common, however.
Some of the world's biggest iron ore miners were on Tuesday placed on "credit watch negative" by Standard and Poor's (S&P), as the price of the commodity continues to ...
InfoMine provides comprehensive information on mining, the mining industry, mining technology and mineral exploration. InfoMine categories include mining news, mining ...
The iron ore industry in the state has been closed since 2012 after a Supreme Court order. The ban was lifted in 2014 but operations are yet to resume.
Save article; Print; Reprints & permissions; Job losses for Atlas Iron contractors loom as miner prepares to shut iron ore mines. Share; Share via Email
The FT has a little note explaining the sensitivity of miners to iron ore rice movements: Every time iron ore prices move by one dollar a tonne, it means another $ ...
The muck is starting to hit the fan in Australia's iron ore industry, where companies reported more than $3 billion in asset writedowns this week, along with the ...
1 History. 1.1 Vale's privatization in 1997; 1.2 Focus and diversification on the mining business; 1.3 Steel and wood pulp businesses are sold; 1.4 Vale consolidates ...
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