Anglo American plc. declared that it’s Production Report for the January to March quarter of 2009, which shows iron ore production during the period totalled 9.992 million tonnes a surge of 1.802 million or 22% from 8.190 million tonnes produced in the previous corresponding period. For full story, click here
Brazilian pig iron and ferro alloy production dipped by 41.3% YoY in March 2009 and was down by 41.1% YoY in the first quarter. However, metal product output grew 0.7% YoY in Q1. For full story, click here
Cia. Vale do Rio Doce, the world’s leading iron-ore producer, declared that output fell 37 percent in the first quarter as it shut down mines because of lower demand. For full story, click here
BHP Billiton Ltd., the world’s leading mining company, sold 28 percent of its iron ore output at cheaper spot prices after customers deferred deliveries ahead of a forecast dip in contract prices. For full story, click here
Iron ore stocks at China’s major ports rose 2 percent to 73.98 million tonnes in the week to April 10, Chinica Shipbrokers Ltd., as ore imports increased on high steel production in the country. For full story, click here
UK-based iron ore and coal developer London Mining announced that it aims to boost its iron ore capacity to around 20 million tonnes in the next six years. For full story, click here
The gonernment mining department DNPM reported that Brazilian iron ore output could fall 30 percent and investment in the country’s mining sector could plunge even more in 2009. For full story, click here
India’s biggest iron ore miner, NMDC Ltd, expects production in fiscal year 2008/09 to decline from the year before. For full story, click here
Many existing producers have shut down or curtailed output at mines and plants as high costs and low prices bite. For full story, click here
BHP Billiton temporarily cuts manganese output at 60 pct-owned Samancor operation. For full story, click here
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