By Kishori Krishnan Exclusive To Iron Investing News Iron clad deals are in play. Chinese steel and iron ore group Baosteel has proposed to pay US$ 1.6 billion for a 30 per cent stake in Anglo American‘s (AAL.L) huge Minas Rio iron ore mine in Brazil. Traders maintain that any deal with Baosteel could help [...]
Continue reading "Baosteel To Edge Out Xstrata in Anglo American?"
Friday, June 5, 2009
India Globalization Capital Inc, a company competing in the rapidly growing materials and infrastructure industry in India, declared that it has secured a USD 2.6 million contract to supply a Chinese company with iron ore. The order is for 40,000 tonnes of ore with a ferrous content of 62.5%. For full story, click here
Continue reading "India Globalization Capital has inked Iron Ore Export Contract"
Wednesday, August 20, 2008
Marius Kloppers, CEO of BHP BILLITON LTD, was quoted as saying: China’s demand for development of infrastructure facilities will continue pushing up demand for commodities and raw materials. For full story, click here
Continue reading "China’s infrastructure boom boosting iron ore demand"
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Monday, October 5, 2009