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Latest China Iron Ore News

  • Billionaire seeks Australasian merger 24 Jul 2008 07:57 GMT
    ... between his investment vehicle and a junior iron ore explorer. Mr Palmer's Resource Development International (RDI) ... and its 6.3 per cent shareholder and China's fourth largest steel maker, Shougang Corporation. RDI's ... iron ore, nickel and energy to the Chinese market. The company's interests include rights to ...

  • UPDATE 1-Steel firm SSAB Q2 profit soars, market strong 24 Jul 2008 07:31 GMT
    ... Faxander said in a statement. Prices for iron ore, coking coal and scrap have soared on ... have soared on surging steel demand from China and India among other countries. Coking coal spot ...

  • 2:49pmBillionaire proposes iron ore merger 24 Jul 2008 06:57 GMT
    ... vehicle Resource Development International (RDI) and junior iron ore explorer Australasian Resources. Mr Palmer already holds ... and its 6.3 per cent shareholder and China's fourth largest steel maker Shougang Corporation. RDI's ... iron ore, nickel and energy to the Chinese market. The company's interests include rights to ...

  • Alliance: Billionaire proposes iron ore merger 24 Jul 2008 06:55 GMT
    ... and its 6.3 per cent shareholder and China's fourth largest steel maker Shougang Corporation. RDI's ... as much as $18 billion, by providing iron ore, nickel and energy to the Chinese market. The company's interests include rights to ...

  • BHP Billiton produces more copper and iron ore  24 Jul 2008 06:52 GMT
    ... output gains yesterday led by copper and iron ore, but warned of a looming decline from ... the world hard amid strong demand in China and across much of Asia for raw materials. ...

  • AUSTRALIAN BILLIONAIRE PROPOSES RESOURCES MERGER 24 Jul 2008 06:34 GMT
    ... Resource Development International Ltd (RDI) and junior iron ore explorer Australasian Resources Ltd (ARH). Mr Palmer ... and its 6.3 per cent shareholder and China's fourth-largest steel maker Shougang Corporation. RDI's proposal ... iron ore, nickel and energy to the Chinese market. The company's interests include rights to ...

  • Fannie and Freddie Say Goodbye to Veto 24 Jul 2008 06:20 GMT
    ... | 22Jul08 | Would airlines begin vertically integrating into oil companies? you see the chinese buying iron ore to hedge against rising prices, ... DailyReader | 22Jul08 | Can anyone suggest a ...

  • Billionaire proposes Australasian merger 24 Jul 2008 05:54 GMT
    ... Resource Development International Ltd (RDI) and junior iron ore explorer Australasian Resources Ltd. Mr Palmer already ... and its 6.3 per cent shareholder and China's fourth largest steel maker Shougang Corporation. RDI's ... iron ore, nickel and energy to the Chinese market. The company's interests include rights to ...

  • Billionaire proposes iron ore merger 24 Jul 2008 05:28 GMT
    ... vehicle Resource Development International (RDI) and junior iron ore explorer Australasian Resources. Mr Palmer already holds ... and its 6.3 per cent shareholder and China's fourth largest steel maker Shougang Corporation. RDI's ... iron ore, nickel and energy to the Chinese market. The company's interests include rights to ...

  • Rio eyes ore sales pact to keep railway to itself 24 Jul 2008 04:45 GMT
    ... sharing its rail lines in west Australia's iron ore belt with competitors, has agreed instead to ... would lead to chaos. Voracious appetite among Chinese steel mills for Australian ore has miners scrambling ...

  • Aussie stocks dip; Australasian jumps on bid offer 24 Jul 2008 03:17 GMT
    ... economy [ID:nWEL287981]. STOCKS ON THE MOVE * Iron ore company Australasian Resources Ltd (ARH) <ARH.AX&gt; surged ... Karachi........[.KA] S/east Asia.[.SO] Bombay.......[.BO] Kuala Lumpur...[.KL] Sydney/NZ...[.AX] China........[.SS] Seoul..........[.KS] Taipei......[.TW] Hong Kong....[.HK] Singapore......[.SI] Tokyo........[.T] Access ...

  • Palmer to launch takeover bid to build $18b resources titan 24 Jul 2008 02:31 GMT
    ... announcement said. The company has also briefed Chinese giant Shougang, Australasian's development partner for the Balmoral ... Australasian's development partner for the Balmoral South iron ore project, on the RDI bid. “Shougang was ...

  • De Beers warns on slowdown hitting gem demand 24 Jul 2008 02:30 GMT
    ... most expensive diamonds staying strong, especially in China, India, Russia and the Middle East. "The high ... less glamorous products such as copper and iron ore. Diamonds were the smallest earner of Anglo's ...

  • Beijing clears image hurdles 24 Jul 2008 02:16 GMT
    ... has largely been a success for the Chinese Government in terms of media management. That ... radiantly renovated top tourist sites. The big China events of the year, in terms of ... 85 per cent price rise for Australian iron ore. Net impact: favourable. Positive. * Olympic preparations. ...

  • BHP keeps heat on Rio Tinto 24 Jul 2008 01:37 GMT
    ... record annual production for petroleum, copper and iron ore amid historic prices for its three big ... ongoing high demand for natural resources from China and other developing countries," BHP chief commercial officer ...

  • Palmer plans takeover to build $18b resources titan 24 Jul 2008 00:27 GMT
    ... produce 12 million tonnes a year of iron ore concentrate and pellets for 25 years from ... that can deliver key commodities into the Chinese market. In addition to his extensive iron ore ...

  • BHP Production Boost 23 Jul 2008 23:58 GMT
    ... many of its commodities, especially the important iron ore business. In fact it matched nicely the ... iron ore and coal from countries like China and India, and record prices for oil, will ...

  • Ferrous Resources plans rapid growth, IPO 23 Jul 2008 23:16 GMT
    ... Minas Gerais state's Brumadinho, where Ferrous expects iron ore production of 2M-3Mt in 2008. This year ... has had conversations with numerous companies in China. Graham estimates the land owned by Ferrous in ...

  • CoS to consider cotton export cap 23 Jul 2008 22:28 GMT
    ... failing to impose an export ban on iron ore to augment domestic supplies for the steel ... has claimed that it is losing out China, Bangladesh, Pakistan, Vietnam and Cambodia on garment exports ...

  • Al Gore's fantasy energy challenge 23 Jul 2008 21:55 GMT
    ... along to customers the spiraling costs of iron ore and scrap metal, two major components for ... steel, which is in huge demand in China, India and other countries building up their economies. ...

  • Terex Announces Second Quarter 2008 Results 23 Jul 2008 20:33 GMT
    ... tomorrow, particularly in developing markets such as China and India. We expect world demand for ... are expected in the Company's German and Chinese crane manufacturing locations. Materials Processing & Mining: ... commodity demand, including the surface mining of iron ore and coal. This includes the sale of ...

  • UPDATE 1-Strike ends at Shougang Hierro Peru iron ore mine 23 Jul 2008 19:35 GMT
    ... A strike ended on Wednesday at the iron ore mine of Shougang Hierro Peru (SHP.LM: The ... at the mine, owned by Shougang of China, and it was the latest in a string ...

  • Who wants to be a millionaire? 23 Jul 2008 19:31 GMT
    ... millionaires. Yet the large emerging economies of China, India, Russia and Brazil are growing their ranks ... being patience. "Barring a few dotcom or iron ore millionaires, it is very hard to accumulate ...

  • The bad news bears 23 Jul 2008 19:27 GMT
    ... a faster rate than most developed countries. "China and the benefits of the resources boom are ... big increases in the contract prices for iron ore and coal. "That should see national income ...

  • Zacks Analyst Blog Highlights: JA Solar Holdings Co., Ltd., Buffalo Wild Wings Inc., Wright Medical Group Inc., Aon Corp. and BHP Billiton Ltd. 23 Jul 2008 19:17 GMT
    ... in extremities for 2008. BHP Benefits from China and its Balance Sheet BHP Billiton Ltd. (NYSE: ... and aluminum, and the second-largest provider of iron ore. Nonetheless, given that Rio Tinto rejected the ...


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