Anglo American, nickel and iron ore, Brazilian AngloAmerican plate, in order to obtain better competitiveness. "In fact, this means that before smelting, separate operation system, procedures and management will be integrated together," Anglo said on Tuesday. Anglo American 2016 (AngloAmerican) nickel production rose 47% to a record high of 44500 tons
The world's second largest mining company Rio tinto group and would buy back $2.5 billion of bonds as part of the new plan to reduce debt. The company said in a statement on Monday, has released $1.7 billion is about to expire in 2019 and 2020 paper of repurchase notice, and is about to expire in 2021 to 2025, as much as $781 million in five pieces of paper, put forward the cash to buy back the offer. The world's biggest mining group is looking for ways to cut debt, to help control prices, this forced them to cut its dividend, cost control and asset sales. The london-based Rio tinto cut debt 30% last year, or about $9.6 billion. Last year, the company completed a $7.5 billion bond repurchase.
Net news (reporter officer flat) under the vale recently announced that the company in the first quarter of this year net profit of 7.89 billion reais ($2.49 billion), compared with the same period ...
On May 1, the sino business online - global mining giant BHP billiton announced on asx nearly nine months business data, cut some products annual production targets. Copper production is e...
Rio DE janeiro, the time of Brazil on March 27, mining giant vale announced that at the meeting of the board decision in the day, appointed FabioSchvartsman vale CEO. Vale recently announced plans to change, a CEO murilo ferreira will be held on May 26, 2017, after the end of the term is no longer in power
The economy of China now is very large, even 6.5% growth also means a lot of iron ore, steel, copper demand, so the Rio tinto may sell more products in the future, this trend will not change. ...
In2017, Rio tinto, BHP billiton, fortescue, vale and so on four big mines will increase production of 30 million tons, considering the RoyHill (Roy) in the SINO iron ore of Australia, such as capaci...
FMG released its six-monthly results, the after-tax net profit of $1.2 billion, based on interest, tax, depreciation and amortisation of $2.6 billion on February 22, 2017,. Group still maintain its fiscal 2017 goal, that of iron ore shipments of 1.65 170 million tons, cash cost $12-13 / wet metric tons.
According to the financial report issued on February 8, Rio, Rio tinto every profitability in 2016, net profit of $4.617 billion. In 2016, Rio tinto business net cash income of $8.465 billion, compared with $2015 in 9.383 billion, has fallen by 10%, but the current revenue of $5.1 billion, 12% more than in 2015.
The world's third largest iron ore suppliers, the BHP billiton (BHP), according to results released from the emerging market demand drives the rise in commodity prices,in the last half year to December, and group net profit of $3.24 billion, much better than the previous year's profit of $412 million.
The iron ore reached a record 348.8 million tons, Carla, in 2016 .The iron ore reached a record 148.1 million tons, 18.6million tons of growth for the year of 2015. coal output of 7.2 million tons in 2016, with flat in 2015.
International mining giant Rio tinto (buying riversdale) released full-year results. Net profit of $4.617 billion, the year losses of $866 million and earnings of $2.57 per share, the annual d...
BHP billiton has released the first half 2017 fiscal year (i.e., in the second half of 2016) operating communique. Bulletin shows that the first half of 2017 fiscal year, the group iron ore output of 118 million tons, up 4% from a year earlier, the main contribution comes from western Australia iron ore (WAIO). The communique, the group of oil, iron ore and coal production target unchanged throughout the year, but copper production targets down to about 1.62 million tons, 2% lower than scheduled production targets.
International mining giant Rio tinto (buying riversdale) released full-year results. Net profit of $4.617 billion, the year losses of $866 million and earnings of $2.57 per share, the annual d...
Australian mining group BHP billiton (BHP billiton) predicted that in 2017 the international iron ore market prices would plummet. According to the forecast, BHP billiton, in 2017 the international iron ore market average price per ton for $52, and the current price is $80.
The world's second-largest miner Rio tinto announced last year, four quarter production report, the pilbara iron ore output of 85.5 million tons (by 100%), an increase of 4%, increasing 3% month-on-month, shipments of 87.7 million tons, an increase of 1%, year-on-year increase of 8%. Annual output of 329 million tons, 6%, shipments of 328 million tons, increased by 3%, this year shipment target unchanged at 3.3-340 million tons.
Rio tinto group (buying riversdale) announced last year iron ore exports amounted to 328 million tonnes, up 3% on a yearly basis. This conform to the group in October, set between 325 million to 330 million metric tons of target
According to Mysteel, Samarco is expected in late February to early March 2017 to get the certificate of equipment installation, mine will enter the restart phase. Restart are some of the preparatory work, the early stage of the mine equipment maintenance and other logistics, normally takes about 3 months. Mysteel estimates Samarco formal production time is in July 2017
Iron ore prices in 2016, is beyond the expectation of the miners.In the third quarter of this year, the world's largest iron ore producer, vale net operating income totaled $7.324 billion, compared with the previous quarter rose by $698 million; Net profit totaled $575 million, compared with last year, a sharp turnround
Recently learned from inside the vale: vale for 2016 is expected to yield around 340 million tons, with flat in 2015. In 2017, vale plans to guide production increase between 360 million - 380 million tons