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Mining news: IndiaStrong international turnout expected for MINExpoMINExpo International 2008, the world’s largest mining equipment and technology exposition, is just two months away and international vendors are working with the US Department of Commerce’s (DOC) International Buyer Program (IBP) to facilitate a robust international component of the show. To date 15 countries are using the IBP to organise delegations to attend the [...] Metso to supply an iron ore induration machine to Trinidad & TobagoMetso Minerals will supply an iron ore induration machine to Global Supplies Ltd., a member of the Essar Group. The machine will be delivered to Essar Steel Holdings Ltd. for its Point Lisas Pellet Plant located in Couva, Trinidad and Tobago. The value of the order is approximately EUR 16 million. Metso strengthens its mining equipment supply chain with a Canadian acquisitionMetso has signed an agreement with GE Energy to acquire GE’s Lachine Main Plant, a heavy fabrication and machining facility located near Montreal, province of Quebec, Canada. The transaction is expected to close in mid-August. The parties have agreed not to disclose the financial terms. Rio Tinto sets its sights on first significant world class diamond mine in IndiaRio Tinto today announced that it has lodged mining lease applications for its Bunder diamond project in the Bundelkhand region of Madhya Pradesh, India, which is a vital step in the development of what could … Good times for steel producersThe Steel Financial Insight report discusses the most recent annual financial results from the leading 100 companies in the steel industry. Strong global demand underpinned profitability in 2007. Despite the turbulence in the USA caused by the credit crunch, and fears of a slowdown in Asia, investments continued to drive demand for steel, and fed [...] Bucyrus Announces Organizational Changes in ERI RegionSouth Milwaukee, WI, USA, June 13 , 2008 – Bucyrus International, Inc. (NASDAQ: BUCY) Gemcom Announces Fiscal 2008 Year-End ResultsTotal Revenue Up 51%; Net Income up 47% on a Year-Over-Year Basis Metso to supply an iron ore beneficiation plant to IndiaMetso Corporation Press release on June 11, 2008 at 2.00 p.m. India’s April Minerals Production Rises 41%Friday, the Ministry of Mines released mineral production for the month of April 2008. As per data, the total value of mineral production, including metalliferous and industrial minerals, excluding fuel minerals, minor minerals and atomic minerals, during the month rose 41% to Rs.2, 592 crores from Rs.1, 837 crores in April [...] Oversupply puts zinc under pressureSteel-making materials such as iron ore, coking coal and manganese have hit the headlines this year in light of record prices due to a boom in demand from the industrialising economies of China and India. Metso to supply iron ore induration machine to JSW Steel Ltd in IndiaMetso Minerals will supply an iron ore induration machine to JSW Steel Ltd., India. Alcan Packaging inaugurates flexible packaging plant in IndiaMONTREAL, June 4 /PRNewswire/ - Alcan Packaging, part of Rio Tinto Alcan, officially inaugurated its newest flexible packaging plant, located in the BHEL Industrial Park in Haridwar, Northern India. The ceremony was chaired by Ilene Gordon, president and chief executive officer (CEO), Alcan Packaging…more at TheEarthTimes |
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