Sentences with phrase «iron ore»

BHP maintained guidance for production of 275 million to 280 million tonnes of iron ore in the fiscal year to June 30.

New contract prices for coal, which came into effect in April, were lower, but there was a small increase in iron ore prices.

Western Australia's largest indigenous corporation has announced it is cutting jobs and assessing its member benefits structure as a result of weak iron ore prices.

From Port Augusta we travel south along Highway One to Cowell, via Whyalla, a city developed to produce steel products from iron ore mined in the nearby Middleback Ranges.

Auditors for troubled iron ore miner Atlas Iron have warned there is «significant doubt» about Atlas» ability to continue as a going concern.

Some other resource prices have also edged higher with, for example, the US dollar contract prices for iron ore for the Japanese fiscal year 2003/04 (beginning 1 April 2003) rising by around 9 per cent on levels of the previous year.

Mineral Resources announced today that it plans to use its 12 per cent stake in Aquila Resources to push for a role building and operating the proposed $ 7 billion West Pilbara iron ore project.

ANALYSIS: Recent numbers from iron ore miner Atlas Iron suggest it may be moving from survival mode to revival.

• Record global iron ore production of 65 million tonnes was achieved in the quarter (51 million tonnes attributable) and 245 million tonnes for the full year (192 million tonnes attributable).

The value of Australian iron ore exports is expected to fall next year as strong growth in production volumes is offset by a slump in prices to a forecast $ US52.10 per tonne in 2016.

STRONG resurgence in the Asian steel market has been the catalyst for expansion of Robe River Iron Associates» Pilbara iron ore mining operations with the $ 1 billion development of West Angelas.

Rio's Chinalco deal clears first hurdle The competition regulator has approved Chinalco's investment in Rio Tinto on the grounds that Rio alone could not have a significant effect on the dynamics of the global iron ore market.

Rio Tinto to invest a further US$ 3.4 billion in expansion of iron ore operations in Western Australia

A Western Australian iron ore industry group has reluctantly mothballed its activities, citing the difficult economic circumstances facing the industry.

Iluka Resources has teamed up with iron ore producer Vale to evaluate and potentially develop a major titanium bearing deposit in Brazil.

Mining services company Viento Group has gone into administration, despite having won major new contracts in the past month with iron ore miners BC Iron and Rio Tinto.

Atlas Iron and BC Iron have both reported big losses following impairments and a race to cut costs as iron ore prices remain depressed.

The bauxite industry's significance to Guinea's economy has grown in recent years after development of huge iron ore deposits in its forested interior stalled when global commodities prices crashed in 2014.

What heâ $ ™ s doing now: Heâ $ ™ s buying into AmeriCredit, a U.S. auto finance firm, and pouring money into an Australian iron ore project as well as into a company developing synthetic hemoglobin.

According to Donald Horwood, superintendent of the Conneaut Area City Schools, the state tax commissioner ordered Ashtabula County to return $ 1.1 million to U.S. Steel in July 1983 after finding that the company had overpaid that amount in property taxes on iron ore stored in Conneaut in 1981 and 1982.

In this column published in the Herald Sun, Andrew discusses the Australian iron ore sector and its expectations.

Global iron ore production for the quarter totalled 62 million tonnes (49 million tonnes attributable), in line with the second quarter of 2011.

The billionaire Rinehart and Wright families have scored a multi-million dollar High Court win against mining giant Rio Tinto over iron ore royalties derived from the Pilbara.

Engineering contractor Thiess has been awarded a $ 330 million contract to construct the process plant facilities for the Roy Hill iron ore mine in the Pilbara (with updated list of 36 major engineering construction contracts awarded in past year).

Drafting and advising on the terms of long term off - take and supply and shipping agreements for iron ore shipments from mines in Mexico, Brazil, and Africa and for coal from Colombia, South Africa, the United States, Indonesia and Russia.

Rapid growth in global steel demand has also boosted contract prices for other bulk commodities; coking coal contract prices increased, on average, by 25 — 35 per cent in US dollar terms in recent negotiations, while iron ore contract prices have risen by close to 20 per cent.

A SURGE of new iron ore mine development has occurred across the Pilbara region, both to meet an increasing demand by the world integrated steel makers and replace depleting resources.

As announced on 15 January, we had a strong production year in 2012, particularly in our low - cost iron ore business where we produced a record 253 million tonnes.

As they prepare for disruption later this week, the miners will take solace from shipping iron ore at record rates last month.

«I expect China's iron ore futures market will be more mature and rational when more foreign investors enter the Chinese market,» said Jacky Wang, chairman of Shanghai LC Assets Management Co Ltd..

Key minerals targeted by mining companies in the Amazon include iron ore for steelmaking and bauxite to produce aluminum.

IRON ore companies operating in the Port Hedland regionwill fund a $ 6 million study to establish whether water from the West Canning basin is fit for industrial use.

West Perth - based iron ore miner Mount Gibson Iron has flagged an $ 850 million to $ 950 million impairment after the company put its Koolan Island mine on care and maintenance in December.

Major iron ore producers show per tonne production costs as low as $ 20 and are planning on increasing production amidst oversupply.

Maintain and oversee 6 pelletizing discs that are the last phase of producing iron ore pellets to be sent through the furnace and than shipped to the customers

A US court ruling concerning the controversial Simandou iron ore project in West Africa is a worry for Rio Tinto, but not WA.

Researchers from the University of Tübingen have been able to show for the first time how microorganisms contributed to the formation of the world's biggest iron ore deposits.

That fast finish is expected to enable Rio to meet its full - year iron ore export guidance, despite being well behind the pace as recently as October.

Andrew Forrest has purchased 1.75 million shares in iron ore giant Fortescue Metals Group for about $ 7 million.

Vale is the South American company that also happens to currently be the world's largest iron ore mining company.

While iron ore production is dominated by three large players, buyers are also concentrated.

Western Australian iron ore junior Crusader has announced a cost - cutting program aimed at reducing overheads in the wake of tougher market conditions.

From 1903 to 1982 when the facility closed, the Hanna Furnace plant processed iron ore into pig iron.

West Perth - based iron ore explorer Atlas Iron Ltd will pay $ 15 million in port facilities charges to the Port Hedland Port Authority as an up - front contribution for the planned $ 225 million upgrade of the Utah Point public access facility.

Rio Tinto Iron Ore and Australia chief executive Sam Walsh said «We believe we have the best quality iron ore expansion projects anywhere in the world.

More than $ 12 billion of mining projects are in the pipeline for WA and likely to proceed, with major iron ore developments the biggest contributor.