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News

  • Mysteel mine alerts: CSN
    Mysteel mine alerts: CSN 2016-12-06

    CSN has produced in the third quarter of 8.6 million tons in 2016, from the second quarter was flat. Capacity of 797000 tons, third-party buying ore from the second quarter fell 42%. Ore sales of 10.2 million tons, from the second quarter increased by 10%. Capacity of 8.7 million tons in the third quarter, second quarter down 5% month-on-month. In the sea freight C1, C3, touba lang - Qingdao) an average of $10.02 / ton, from the second quarter increased by 18.9%.

  • Fortescue announced third quarter report
    Fortescue announced third quarter report 2016-11-15

     1. In the third quarter output: 43.6 million tons, 2% month-on-month and 7% year-on-year.   2. In the third quarter volumes (including the third party) : 43.8million tons, 1% month-on-...

  • Australia's major iron ore miners shipments tend to be stable
    Australia's major iron ore miners shipments tend to be stable 2016-11-15

    After many years of active growth, major miners in Australia iron ore shipments in recent months to level off, the support after the excess supply worries strike price.

  • Australia's major iron ore miners shipments tend to be stable
    Australia's major iron ore miners shipments tend to be stable 2016-11-15

    After many years of active growth, major miners in Australia iron ore shipments in recent months to level off, the support after the excess supply worries strike price.

  • BHP losses at a record high and will continue to reduce the cost of iron ore in cash
    BHP losses at a record high and will continue to reduce the cost of iron ore in cash 2016-10-18

    In the 2015/16 fiscal year to June 30, Australia BHP billiton ltd. sales income of $30.912 billion, basic EBITDA of $12.34 billion, operating profit for the losses of $6.235 billion, net profit attributable to shareholders for losses of $6.385 billion, continuous business basic net profit of $1.215 billion, while the last fiscal year to $6.417 billion profit

  • FMG published annual reports today of fiscal year 2016
    FMG published annual reports today of fiscal year 2016 2016-10-18

    1) FMG fiscal year of 2016 is167.6 million tons of iron ore production, an increase of 9%; 2) in fiscal year 2016 iron ore sales (including third party) 169.4 million tons, an increase of 2%; 3) as of June 30, 2016, C1 costs by a quarter of fiscal 2016 wet t $14.31 / $16.9 / wet tons; 4) after-tax net profit of $985 million, EBITDA (tax rates, depreciation and amortisation) for $3.195 billion; 5) with $304 million in capital expenditure; 6) real selling price is $45 / dry tons. (fiscal 2015 $57 / dry metric ton). 7) as of June 30, 2016, inventory with $1.6 billion in cash; 8) as of June 30, 2016,with $5.2 billion in net debt

  • From mining industry upstart to giant
    From mining industry upstart to giant 2016-10-18

    For FMG, 2016 is a lucky year. On August 22, fortescue released its 2016 fiscal year (as of June 30, 2016) financial statements. According to the report, FMG2016 fiscal year net income of $985 million, increased 211.7% year-on-year; Before interest, tax, depreciation and amortisation of $3.195 billion, increased 27% year-on-year.

  • Vale is expected to reach $9 billion in sales agreement
    Vale is expected to reach $9 billion in sales agreement 2016-10-18

    The world's leading iron ore producer, vale is expected to be a commodity flow agreement with Chinese companies, which may be oriented to the Brazilian mining giant pay up to $9 billion in advance.

  • The annual net profit soared of Iron ore giant FMG and will be expected to increase dividends
    The annual net profit soared of Iron ore giant FMG and will be expected to increase dividends 2016-08-30

    The world's fourth largest iron ore producer, Australia's fortescue (FortescueMetalsGroup) announced on Monday (August 22), the annual net profit soared to twice, to nearly $1 billion Fortescue and said, "can afford the future dividend hikes."

  • The largest iron ore traders of Iran'began to export pellets
    The largest iron ore traders of Iran'began to export pellets 2015-09-16

    according to media said Iran's largest iron ore producers Golgohar NaserTaghizadeh mining company general manager, according to the first two pellet plants has been put into production,annual production capacity of 5 million tons, are now ready to start exporting pellets, is expected to about 15000 tons.

  • Asian coal prices fall as China remains reticent
    Asian coal prices fall as China remains reticent 2015-06-02

      Singapore—Asia-Pacific metallurgical coal prices softened Thursday, as trade into China was stymied by the anticipation of further softening amid strong supply. Premium low-vol hard c...

  • IMS & Third Quarter 2014 Production Report Following completion of the Glencore Xstrata merger
    IMS & Third Quarter 2014 Production Report Following completion of the Glencore Xstrata merger 2015-05-22

     Own sourced copper production was up 8% to 1,149,000 tonnes, mainly driven by a 48% increase in production at Mutanda, reflecting it running at 200,000 tonnes p.a. during 2014, following compl...

  • ASX Announcement by Aspire: New Rail Policy Includes Erdenet to Ovoot to Arts Suuri Rail
    ASX Announcement by Aspire: New Rail Policy Includes Erdenet to Ovoot to Arts Suuri Rail 2015-04-17

       Mongolian Government officially affirms recent agreements with Russia and China to deliver large scale transport infrastructure    Rail link from Erdenet west to Aspire&rsq...

  • FMG exports up 28% on year
    FMG exports up 28% on year 2015-04-17

     Fortescue reported iron ore exports of 40.4 million mt for the March quarter,down 2% from 41.1 million mt in theDecember quarter and up 28% from 31.5 million mt a year earlier. The Perth-based...

  • Rio Tinto tenders PB fines and lump
    Rio Tinto tenders PB fines and lump 2015-03-31

     Rio Tinto on Thursday sold 140,000 mt of 61% Fe Pilbara Blend fines at parity to the May average of the IODEX assessments after freight and iron content adjustments through a spot tender. This...

  • JFE Agrees to Iron-ore Mining Business Merger in Brazil
    JFE Agrees to Iron-ore Mining Business Merger in Brazil 2015-03-31

     Tokyo – JFE Steel Corporation, the indirect owner of an 8.64% equity stake in a Brazilian iron ore mining company, Nacional Minerios S.A. (NAMISA), announced today that it agreed togethe...

  • BHP BILLITON OPERATIONAL REVIEW FOR THE HALF YEAR ENDED 31 DECEMBER 2014
    BHP BILLITON OPERATIONAL REVIEW FOR THE HALF YEAR ENDED 31 DECEMBER 2014 2015-02-10

    Group production increased by 9% during the December 2014 half year with records achieved for eight operations and five commodities. Production guidance remains unchanged and we are on track to delive...

  • The coal consumption of American will retract
    The coal consumption of American will retract 2015-02-10

    The data of USA energy information administration show that coal consumption is expected to decline 0.4% to 0.865 billion short tons.

  • Brazil court froze the assets of Zamin iron ore project of Amapa company
    Brazil court froze the assets of Zamin iron ore project of Amapa company 2015-01-08

    The assets of Zamin iron ore project of Amapa company had been froze in 9th December 2014. The assets of had been froze about 18.6 million dollars.

  • The minas-rio iron ore of AngloAmerican had been arrived in China
    The minas-rio iron ore of AngloAmerican had been arrived in China 2015-01-08

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