By Kishori Krishnan Exclusive To Iron Investing News Shares in WA’s mid-west iron ore miners and explorers lifted after the Federal Government committed $339 million towards the $4 billion Oakajee port. The government matched funding offered by the WA state government in its 2009/10 federal budget handed down on Tuesday, bringing the total government commitment [...]
Continue reading "Australian Govt. Backing Supports Iron"
Monday, May 11, 2009
Evraz Group declared that its subsidiary in Czech Republic, Evraz Vitkovice Steel signed a long term agreement with ArcelorMittal Ostrava. This agreement guarantees supply of liquid pig iron from ArcelorMittal Ostrava to the steelmaking facilities of Evraz Vitkovice Steel. Mr Giuseppe Mannina Evraz’s VP for international operations and sales stated: This agreement is a very [...]
Continue reading "Evraz Group has inked pig iron purchase pact with ArcelorMittal"
Thursday, December 18, 2008
ArcelorMittal, the world’s largest steelmaker, will pay up to 1.48 billion yuan ($217 million) to subscribe for shares in Hunan Valin Steel Tube & Wire Co. For full story, click here
Continue reading "ArcelorMittal to pay $217 mn for Valin placement"
Monday, December 15, 2008
The Centre has returned Jharkhand govt’s recommendations for allotting prospecting licence of Karampada iron ore mines to ArcelorMittal. For full story, click here
Continue reading "Centre returns Jharkhand’s proposal for mines to ArcelorMittal"
Monday, December 1, 2008
The Centre has returned Jharkhand govt’s recommendations for allotting prospecting licence of Karampada iron ore mines to ArcelorMittal. For full story, click here
Continue reading "Centre returns Jharkhand’s proposal for mines to ArcelorMittal"
Thursday, November 27, 2008
Layoffs were aimed at achieving the company’s aim of reducing selling, general and administrative costs by $1 bn. For full story, click here
Continue reading "ArcelorMittal unveils 9,000 job cuts plan"
Tuesday, November 4, 2008
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 [...]
Continue reading "Iron ore industry highlights"
Wednesday, August 20, 2008
Global steel maker ArcelorMittal is collaborating with a small Canadian company to develop a US$250-million iron ore port in Brazil. For more information, click here For company’s website, click here
Continue reading "ArcelorMittal teams on Brazilian port project"
Monday, August 11, 2008
ArcelorMittal agreed to buy 49 percent of Brazilian mining company Mineracao Piramide Participacoes Ltda. For full news, click here
Continue reading "ArcelorMittal to buy 49% of Mineracao"
For upcoming iron ore investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
The Iron Ore Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
IronInvestingNews.com maintains a focus on Iron exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
Wednesday, May 13, 2009