China may require Rio Tinto to lower iron ore price by 82%
An official with China Iron and Steel Association said late Monday China might require Rio Tinto Group and its rivals to cut iron ore prices to meet 1994 levels steel prices had plunged to.
Mining news: iron ore
Outotec wins Samarco’s Excellence Award for pelletising plant
Outotec has been awarded the Prêmio Samarco de Excelência 2008 by the Brazilian iron ore producer Samarco Mineraâo. The award is recognition for Outotec’s performance during the implementation of Samarco’s third pelletising plant project and in particular for Outotec’s high standard of services and supplies, ability to meet deadlines, social responsibility and safety at work.
Vale Invests $250m In Mozambique Coal Mine
The world’s largest producer of iron ore, Vale, plans to invest US$250 million to restart the Moatize coal mine in Mozambique. Vale has been the concession holder on coal mining in Moatize since 2004, when it paid over US$123 million for the license. The company expects coal production to begin in 2010 and 2011. The reserves are estimated at 2.4 billion tons of coal, making the Moatize mine the largest in the country.
Caterpillar® Equipment Training Solutions Offers More
Cost Effective Ways to Train Heavy Equipment Operators
The mission of Caterpillar Equipment Training Solutions is to help Cat® equipment users get the maximum return on investment through the delivery of operator training services. Caterpillar now offers new e-learning opportunities, as well as instructor led simulator-based, classroom and in-the-iron programs.
CaterpillarÒ equipment users recognize that [...]
Positive thoughts on China and iron ore from Gindalbie
George Jones, Chairman, imparted some encouraging views on China and iron ore in his presentation at Gindalbie’s 2008 Annual General Meeting. His view - which, he says ”is supported by recent discussions I have had with a number of senior Chinese business leaders and other experienced China analysts - is that there is [...]
Positive thoughts on China and iron ore from Gindalbie
George Jones, Chairman, imparted some encouraging views on China and iron ore in his presentation at Gindalbie’s 2008 Annual General Meeting. His view - which, he says ”is supported by recent discussions I have had with a number of senior Chinese business leaders and other experienced China analysts - is that there is a solid ‘bottom line’ [...]
CDE Capital wins contract miner award
CDE Capital, an indigenous-owned, Northern Territory based civil works contractor, has been named the country’s ‘Contract Miner of the Year’ at the fifth annual Australian Mining Prospect Awards. This news has come on the back of an awarded contract with Atlas Iron for its Pardoo DSO project.
CDE Capital’s Managing Director, Robbie Rusca, [...]
Atlas Copco wins rock reinforcement order from LKAB in Sweden
Atlas Copco has won an order to supply the iron ore mining company LKAB with equipment for rock reinforcement, for its Kiruna and Malmberget mines in Sweden. Kiruna is one of the largest underground mines in the world. The value of the order, which includes an extensive service agreement, is about SEK140 million.
CSN Integrates IntelliMine® Suite at Casa De Pedra
Tucson, Arizona – October 22, 2008 Modular Mining Systems, Inc., the market leader in information management solutions for mining operations worldwide, announces that Companhia Siderúrgica Nacional (CSN) will implement the Modular IntelliMine® integrated asset management suite at their Casa de Pedra iron ore mine in Brazil.
The installation will consist of the DISPATCH®, MasterLink®, and PowerView™ [...]
Metso to supply equipment for iron ore pelletizing plant to China Metallurgical Group in Australia
Metso will supply equipment and services for a grate-kiln iron ore pelletizing system to China Metallurgical Group in Western Australia.
ABB Australia win $60 million order for power projects in Western Australia
Australia have announced that they won orders worth $60 million for power projects to help the international mining group, Rio Tinto, to increase capacity at their iron-ore mines in the Pilbara region of north-west Western Australia.ABB
ABB wins $48-million order for power projects in Western Australia
Increased supply of reliable power to help Rio Tinto expand iron-ore mining
Zurich, Switzerland, Sept. 29, 2008 - ABB, the leading power and automation technology group, has won orders worth $48 million for power projects to help the international mining group, Rio Tinto, increase capacity at its iron-ore mines in the Pilbara region of Western Australia.
ABB [...]
