Iron ore demand is increasing among Chinese steel makers and the CISA lead boycott is simply not credible. Iron mining companies recognize this and will not relent from their position, which grows stronger every day that global demand recovers and ore prices rise.
Continue reading "Chinese Iron Ore Boycott Unsustainable"
Friday, January 29, 2010
BHP Billiton Ltd (BHP.AX), the world’s biggest miner, reported that the company has approved $1.93 billion of capital expenditure to expedite growth of its Western Australia iron ore business, reflecting continued strong demand for the commodity. The press release is quoted as saying: Analysts forecast contract iron ore prices under negotiation with steel mills could [...]
Continue reading "BHP approves $1.93 bln for iron ore development"
Thursday, January 21, 2010
By Kishori Krishnan Exclusive To Iron Investing News With key indicators across developed economies showing an improvement in the quarter, mining heavyweight BHP Billiton Ltd has teamed up with rivals Rio Tinto Group and Posco, Asia’s most profitable steelmaker, in raising iron-ore production. An uptick in demand from automakers and builders has ensured a good [...]
Continue reading "Ironing Out The Issues"
Monday, December 7, 2009
On Saturday, Mining giants BHP Billiton (BHP.AX) and Rio Tinto (RIO.AX) signed a $116 billion iron ore joint venture agreement to combine their Western Australian iron ore operations. The news release is quoted as saying: The agreement brings together two of the world’s three largest iron ore producers, and has upset major customers in China. [...]
Continue reading "BHP & Rio sign iron ore joint venture agreement"
Wednesday, November 11, 2009
By Kishori Krishnan Exclusive To Iron Investing News The world’s eighth-largest steel maker, India’s Tata Steel Ltd (TISC.BO), has said it expects its European unit Corus to be operating at full capacity by the end of the fiscal year in March. Corus, Europe’s second-largest steelmaker, operated at 80 per cent capacity in October. In a [...]
Continue reading "India’s Iron Fist Thumps In Canada"
Wednesday, October 21, 2009
By Kishori Krishnan Exclusive To Iron Investing News China, the world’s biggest steel producer, is flexing its muscles again. The country is eager to replace the benchmark arrangement price long used by the industry for iron ore imports with one that will give it a bigger say. Last week’s major meeting between the world’s iron [...]
Continue reading "China & Its Shenanigans"
Monday, September 28, 2009
By Kishori Krishnan Exclusive To Iron Investing News The Chinese have blinked first on the 2009 iron ore pricing issue. Quietly accepting defeat, China’s biggest steelmakers have largely given up trying to wring discounts on iron-ore purchases this year and are now concentrating on next year’s contract-price talks, according to media reports. China, by far [...]
Continue reading "China Accepts Defeat On Iron Pricing?"
Wednesday, August 26, 2009
By Kishori Krishnan Exclusive to Iron Investing News Still smarting from its failed attempt to buy into the Australian mining giant Rio Tinto, Beijing is making a new bid to secure its supply of iron ore. Looking to mend fences with China, the company is working overtime to heal rifts caused by the collapse of [...]
Continue reading "Rio Tinto’s New Attempts"
Wednesday, August 12, 2009
By Kishori Krishnan Exclusive To Iron Investing News Its open sesame for Western Labrador business owners who are celebrating the reopening Monday of the Labrador City iron ore mine. The Iron Ore Company of Canada (IOC) shut it down for five weeks this summer after iron ore prices plummeted. Many mine workers left the area [...]
Continue reading "Iron Ore Mine Re-opens"
Tuesday, July 28, 2009
By Kishori Krishnan Exclusive To Iron Investing News Global commodity demand appears to be bouncing back. Miners, who had been savagely affected by the recession as customers slammed the brakes on spending and relied on the backlogs in their warehouses, are also reporting a pick-up. Steadily rising prices for key commodities such as copper and [...]
Continue reading "Demand Bouncing Back"
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.
Monday, May 3, 2010