India's TATA Steel and SAIL to Restart Iron Ore Mines

[Ferro-Alloys.com] It is reported that India’s Tata Steel and Steel Authority of India Ltd. (SAIL) have restarted most of their iron ore mines in eastern Odisha state after getting new permits from the state government.

Thursday, June 5, 2014

Nippon Steel puts iron ore, coal on $1 bln fund's investment radar for captive mines

Japan's Nippon Steel & Sumitomo Metal Corp may consider investing in iron ore or coking coal mines from its nearly $1 billion warchest for overseas investments but won't bid for the U.S. plants of Russia's Severstal, an executive said.

Thursday, May 29, 2014

Massive Canadian Iron Ore Mine Gets Final Go Ahead

Alderon Iron Ore Corp (TSE:ADV) jumped 7% to $1.35 after receiving final go-ahead for its Kami project from from the province of Newfoundland and Labrador.

Wednesday, May 28, 2014

Rio to Develop Guinea Iron Ore Project

[Ferro-Alloys.com] Rio Tinto has struck a deal with Guinea's government to push ahead with plans to develop a $US20 billion iron ore project.

Tuesday, May 27, 2014

Vale's Iron Ore Exports up in March 2014

[Ferro-Alloys.com] The Brazilian mining giant Vale’s iron ore exports totaled 22.47 million tons in March, up by 13.75% year on year

Monday, May 26, 2014

Fortescue Metals to Lift Iron Ore Estimates at Solomon Hub Resource

[Ferro-Alloys.com] Fortescue Metals Group (FMG) has announced a 1.16-billion-ton of mineral resource addition to its Greater Solomon following an exploration program.

Monday, May 26, 2014

Brazil's Iron Ore Exports Rise in Q1 2014

During the first quarter, Brazil’s iron ore exports hit 71.8 million tons, up by 5.7% compared to the same period of last year. The export price was averaged at US$98.4/ton, dropping by 2.9% from the corresponding period a year ago.

Friday, May 23, 2014

Iron Ore Surplus Seen Shuttering China Mines

New, cheap supplies from Australia, Brazil pushing global prices down Surging global supplies of seaborne iron ore will challenge Chinese producers of the raw material for steel, probably forcing some higher-cost capacity in the country to close, according ...

Friday, May 23, 2014
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