The Zacks Analyst Blog Highlights: Vale S.A.
Zacks.com reported the list of stocks featured in the Analyst Blog including Vale S.A (NYSE:VALE).
Articles Tagged "indonesia"
Indonesia’s Delta Dunia Purchased Coal Firm for $550 mln
Indonesian diversified company PT Delta Dunia Petroindo Tbk declared that it has reached an agreement to purchase a coal mining contractor PT Bukit Makmur Mandiri Utama (BUMA) for $550 million. For full story, click here
Asia Resources Commenced Due Dilligence on Iron Ore Mine
Asia Resources declared that it has entered into a memorandum of understanding with the owner of a 1,195 hectares iron ore deposit in Indonesia, in which it intends to purchase a 55% stake. For full story, click here
Vale- BHP Venture has cut Iron prices to Krakatau Steel
Samarco, a joint venture between miners BHP Billiton BHP.L and Vale declared that it has cut iron pellets prices by 48.3 percent from last year’s price for Indonesia’s Krakatau Steel. For full story, click here
Indonesia’s PT Earthstone Resources declared 3 mln tonnes Iron ore
Indonesia’s PT Earthstone Resources announced that it plans to produce 3 million tonnes of iron ore this year after starting output at one of its mines on Sumatra island. For full story, click here
Uptick From China Bolsters Hope for Iron
By Kishori Krishnan Exclusive To Iron Investing News Ahead of contract talks, iron-ore miners are seeking a price rise. On the horizon is a firmer demand in China, which has ensured that despite concerns about the length and depth of the global recession, iron ore miners are pushing for as much as a 5 per [...]
Indonesia may pass mining law by mid December
Indonesia is likely to pass the mining law by mid of December accirding to the government. For full story, click here
Indonesia signs contract for iron sand project
Indonesia signed the first mining contract to be awarded in the resources-rich country in a decade due to confusion over the mining law. The contract for an iron sand and pig iron mining project is worth $1.1 bn. For full story, click here
New Iron Ore plants to be constructed in Indonesia
Jakarta Post reported that three new iron ore plants will be constructed in Indonesia’s South Kalimantan province to meet rising global demand for the commodity. Director of the Indonesian Industrial Ministry I Gusti Putu Suryawirawan said: The plants will be built by Meratus Jaya inc., Semeru Surya inc., Steel and Mandan Steel inc. with investments of [...]
