Mining Infrastructure News

RSS

BHP Rio Tinto Iron Ore JV Dead

The proposed joint venture between BHP Billiton and Rio Tinto has finally been laid to rest in the face of regulatory opposition coming in from Europe and Asia. The joint venture located in Western Australia would have created the world's largest iron ore exporter.

From BHP Billiton Plc 18 Oct 2010

EI Systems Receives Patent-Pending Status for Web-Based Railcar Tracking Service

EI Systems has announced that the United States Patent and Trademark Office has granted a patent-pending status for their web-based Rail Manager service. Clients use Rail Manager to track the status and location of railcars within large industrial sites and short-line rail yards.

15 Oct 2010

Terramin Closer to Building One of the World's Largest Zinc Mines

Terramin Australia (ASX:TZN) looks set to build its zinc mine in northern Algeria. The Tala Hamza zinc and lead project is located near Bejaia and will be the world's first block-cave zinc mine.

From Terramin Australia Limited 12 Oct 2010

Fortescue Metals Refinances for Expansion

Fortescue Metals Group (ASX:FMG) has managed to line up a $2.06 billion bank loan facility to help its expansion plans. Shares in the third largest iron ore miner in Australia closed at a high of $6.25, up 7.76% after the announcement on Monday.

From Fortescue Metals Group Ltd 11 Oct 2010

QR National Pre-Registration Closes Friday

Queensland Rail has seen enormous investor interest in the planned IPO of freight arm QR National. The Queensland Rail chief Lance Hockridge was addressing a business breakfast in Brisbane when he said that the pre-registration for QR National shares would be closing on Friday.

5 Oct 2010

India's Adani Group Bids for Port of Brisbane

An Indian company is bidding for the $2 billion privatisation of the Port of Brisbane along with two other groups led by Morgan Staley Infrastructure Fund and Global Infrastructure partners respectively.

4 Oct 2010

Metgasco Looks at New Offshore Gas Plant on Australia's Eastern Seaboard

The coal seam gas industry is expanding to meet the growing demand for energy from Asian nations. Metgasco (ASX:MEL), a major coal seam gas company, is currently considering developing a new offshore natural gas plant near the New South Wales coastline.

From Metgasco Limited 28 Sep 2010

Rio Tinto Expands Pilbara Operation with $242 million Investment

Rio Tinto is planning a AUD$242 million expansion at its iron ore facility in the Pilbara region, Western Australia. The Dampier Port expansion works will allow the global mining giant to process an additional 5 million tonnes of ore annually.

From Rio Tinto plc 24 Sep 2010

Moly Mines Updates on Spinifex Ridge Iron Ore Project

Moly Mines Ltd (ASX,TSX:MOL) issued a statement saying that it shipped out 70,000 tonnes of ore from Atlas Iron on the bulk panama vessel Bergen Max from its Utah Point berth and loader at Port Hedland.

From Moly Mines Limited 23 Sep 2010

Xstrata Brings Hunter Valley Coal Haulage In-House

Tired of the bottlenecks at the Port of Newcastle Xstrata has decided to use its own coal trains in Hunter Valley. The company will spend $130 million procuring three coal trains to start Xstrata Rail. The Swizz based mining company is hoping to haul 12 million tonnes of coal per year with its three train fleet.

22 Sep 2010