Articles Tagged "arcelormittal"

Drug Cartels jeopardize mining in Mexico

Mining firms have shuttered a handful of exploration projects in remote areas of Mexico as the industry grapples with threats from drug cartels and rising security costs, Mexico’s mining chamber said on Thursday. Steel giant ArcelorMittal (NYSE: MT) recently lodged a complaint claiming iron was being sacked from its concessions in the western state of [...]

Australian Govt. Backing Supports Iron

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 [...]

Evraz Group has inked pig iron purchase pact with ArcelorMittal

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 [...]