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  • Fortescue Metals Plans to Increase Iron Ore Production
    News - 12 Aug 2010
    The upswing in the demand for iron ore as the global economy recovers from the crisis is leading to Fortescue planning on increasing iron ore production. At an investor presentation the Fortescue...
  • Andrew Forrest Predicts Drop in Iron Prices
    News - 3 Aug 2010
    Fortescue Metals Chief Executive Andrew Forrest says that iron ore prices will drop this year. He also insisted that the fall will not be directly related to the slowdown in China’s demand....
  • Kumba Iron Ore and ArcelorMittal Reach Agreement
    News - 25 Jul 2010
    In a temporary truce between Kumba Iron Ore and ArcelorMittal, the world's largest steelmaker has agreed to buy ore from Kumba in the next year at about half of recent market prices. Kumba is a...
  • Fortescue Metals Reports Iron Ore Hike
    News - 20 Jul 2010
    Fortescue Metals Group Ltd. (ASX:FMG) has reported a hike in iron ore shipments in the June quarter this year as compared to the year before. FMG has shipped 11.04 million tonnes of ore in the...
  • Trouble Ahead for South African Iron and Steel Industries
    News - 20 Jul 2010
    Troubles ahead for Indian steel giant Arcelor-Mittal and South Africa's Kumbra Iron Ore in the ongoing contractual dispute between the two companies. The dispute is turning into an all out war...
  • Terrorist Attack at NMDC Iron Ore Facility in India
    News - 12 Jul 2010
    Chhattisgarh's battle with the Maoists is now affecting its mines. The Indian State of Chhattisgarh saw almost 40 armed Maoists open fire at an NMDC mining facility in Dantewada district. NMDC Ltd...
  • China Slowdown on Iron Ore and Copper Imports
    News - 12 Jul 2010
    Is the global economic slowdown finally slowing down China? It would seem that way if you look at the decline in imports of iron ore and copper in the month of June from Australia. If the trend...
  • Rio Tinto Facing Problems with Iron Ore Deals
    News - 29 Jun 2010
    Rio Tinto seems to be facing problems with alliances and proposed alliances everywhere. A proposed iron ore venture with BHP Billiton Ltd may be voted down by the Rio Tinto Group shareholders as they...
  • Riversdale Mining Signs MoU with Wuhan Iron and Steel
    News - 27 Jun 2010
    Wuhan Iron & Steel Corp, the Chinese government controlled steel giant has signed a Memorandum of Understanding (MoU) with Australian company Riversdale Mining Ltd. As per terms of the agreement...
  • Government Likened to African Dictatorship Over Pilbara Iron Ore Payment
    News - 23 Jun 2010
    Western Australia Premier Colin Barnett has come under criticism from the opposition for accepting the one off payment of $350 million from iron ore companies BHP Billiton and Rio Tinto. The state...

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