Lithium Americas Corp. Adds Constantine Karayannopoulos to Its Board of Directors

Lithium Americas Corp. (TSX:LAC) announced the appointment of Constantine Karayannopoulos to the Company’s board of directors effective immediately.

Great Lakes Iron Ore Shipments dipped again in June

As per a report from the Lake Carriers’ Association, the US Great Lakes’ iron ore trade suffered another bad month in June. For full story, click here

Growing Pressure On Benchmark Price

By Kishori Krishnan Exclusive To Iron Investing News The China Iron and Steel Association, which regulates the iron and steel industry, has cracked the whip. Teaming up with the Ministry of Commerce, the duo have begun a joint investigation into the issue of illegal speculative purchasing. This could lead to the cancellation of iron ore [...]

Baoshan Iron and Steel will sell CNY5 bln 3 year notes

Baoshan Iron & Steel Co. declared that it plans to sell $731.7 million worth of three-year notes on the interbank market Tuesday. For full story, click here

Chinese Mills Turn On the Heat

By Kishori Krishnan Exclusive To Iron Investing News The heat is on. Australian miner Fortescue Metals Group (FMG.AX) said on Thursday that Chinese steel mills are unlikely to get a better deal for iron ore purchases than the 33 per cent reduction agreed by Japanese and South Korean rivals. Fortescue, Australia’s third-largest iron ore miner, [...]

Baffinland eligible for loan guarantee

Baffinland Iron Mines Corporation announced that it is eligible in principle for untied loan guarantees from the Federal Republic of Germany. For full story, click here

Canadian iron ore exports dipped by 0.5% in 2008

Canada exported 28.173 million tons of iron ore in 2008 that was lower by 0.5% compared to the previous year. Germany was the biggest importer of iron ore from Canada at 7.272 million tonnes up by 23.8% YoY. For full story, click here

Improving sentiments help iron prices

By Kishori Krishnan Exclusive to Iron Investing News The second week of February brings some cheer for the iron ore sector. There are very initial signs that contrary to analysts’ expectations at the start of the year of a drop of about 40 per cent in iron ore prices this year, improving sentiments may not see [...]

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Iron ore industry highlights

By Melissa Pistilli-Exclusive to Iron Investing News EU objects to BHP takeover of Rio The European Commission (EU) has issued a statement of objections to BHP Billiton Ltd. concerning its hostile takeover of Rio Tinto Inc. The statement outlines the potential competition problems that may result from such a merger. EU anti-trust regulators have voiced concerns [...]