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Iron Ore

Type: Keyphrase

Name: Iron Ore

First reported 21 hours ago - Updated 2 hours ago - 5 reports

JSW Steel Ltd

JSW Steel Q4 net profit dips 24% to Rs 573.23 crore

el reported a 24% fall in fourth-quarter standalone profit to Rs 573.23 crore, as shortages of iron ore forced it to operate below capacity.The Sajjan Jindal-promoted company, however, signalled improved performance in the current fiscal as it expects ... [Published Financial Express - 2 hours ago]

Entities: JSW Steel Ltd, Iron Ore, Net Profit

First reported 4 hours ago - Updated 2 hours ago - 2 reports

CENTREX GETS A FURTHER TICK FOR PORT PLAN

Adelaide , May 24The ambitious plans of South Australian iron ore hopeful Centrex Metals for a major bulk commodity port development on the Eyre Peninsula have been given a further tick of approval by the state government.Centrex says the declaration ... [Published Mining Business Media - 2 hours ago]

Entities: Tick, Centrex Metals Ltd, Ports, Iron Ore

First reported 23 hours ago - Updated 9 hours ago - 5 reports

IRON ORE: Resource grows 33% at LIM's DSO project

LABRADOR and QUEBEC – Labrador Iron Mines Holdings of Toronto has revised upwards both the total iron ore resources at its Schefferville/Menihek direct shipping ore project and resources for the stage two expansion. The properties are located along the ... [Published Canadian Mining Journal - 9 hours ago]

Entities: Iron Ore, Quebec, Labrador Iron Mines Holding Ltd, Houston (Texas, United States)

First reported 10 hours ago - Updated 9 hours ago - 3 reports

Goldman Sachs Group Inc

Goldman Sachs: Downturn in the iron ore price to be “shorter and shallower”

By: Goldman Sachs analyst Christian Lelong quoted in the Australian Financial Review: recent downturn in the iron ore price is expected to be “shorter and shallower” than when prices last remained below $US140 a tonne in the second half of last year But, ... [Published FXstreet.com - 9 hours ago]

Entities: Iron Ore, Goldman Sachs Group Inc, Steel

First reported May 22 2013 - Updated May 23 2013 - 5 reports

CEC refuses to direct NMDC to reduce iron ore prices

The Supreme Court-appointed Central empowered Committee (CEC) on Wednesday refused to intervene in matters pertaining to pricing iron ore put on e-auction by the miners. It also refused to issue any directions to iron ore producers on producing certain ... [Published Mjunction.in - May 23 2013]

Entities: Iron Ore, Sponge, Iron

First reported May 23 2013 - Updated May 23 2013 - 4 reports

Australia's Vortex enters iron ore sector with Canadian acquisition

Melbourne (Platts)--23May2013/541 am EDT/941 GMTAustralian newcomer Vortex Pipes said Thursday it has agreed to acquire up to 100% of the Snelgrove iron ore project in Newfoundland Labrador, Canada, from Toronto listed Cap-Ex Iron Ore and Preston Mineral ... [Published Platts - May 23 2013]

Entities: Iron Ore, Australia, Acquisition

First reported May 23 2013 - Updated May 23 2013 - 3 reports

Iron ore bounces off 2013 low as weak steel market may cap gains

Reuters reported that spot iron ore prices climbed off their lowest level for the year after a higher than expected sale of an Australian cargo suggested demand from Chinese mills may be picking up although a soft steel market could limit further gai ... [Published Steel Guru - May 23 2013]

Entities: Iron Ore, Steel, Shanghai, China, Raw Material

First reported May 22 2013 - Updated May 23 2013 - 5 reports

Minnesota iron ore will supply new North Dakota iron plant

Duluthnewstribune reported that a North Dakota company plans to build USD 60 million iron producing plant near Jamestown using iron ore concentrate from Minnesota.A subsidiary of Bismarck based Carbontec Energy Corporation called E-Nugget North Dakota ... [Published Steel Guru - May 23 2013]

Entities: Iron Ore, Iron, John Simmons, Sugar Beet

First reported May 23 2013 - Updated May 23 2013 - 2 reports

Arctic Iron race displaces Swedish City as hurdles get bulldozed

Bloomberg reported that Swedes living in the Arctic town of Kiruna are packing up their belongings before their homes are bulldozed to make way for iron ore mining driven by Chinese demand. LKAB, Sweden?s state owned mining company, opened a new level ... [Published Steel Guru - May 23 2013]

Entities: Luossavaara-Kiirunavaara AB, Kiruna, Iron, Displacement, Iron Ore

First reported May 22 2013 - Updated May 23 2013 - 4 reports

FORTESCUE CONSIDERING RIVAL ACCESS TO RAIL/PORT

Perth , May 23Australia's third largest iron ore miner Fortescue Metals Group is in talks with several parties interested in using its rail to port facilities in a move showing it is ready to let rivals use its infrastructure.If FMG open up its rail line, ... [Published Mining Business Media - May 23 2013]

Entities: Iron Ore, Australian Securities Exchange, Perth (Australia), Mining Group Ltd, Fortescue Metals Group Ltd

First reported May 22 2013 - Updated May 22 2013 - 3 reports

Iron ore bounces off 2013 low, weak steel mkt may cap gains

:07 Posted by 3 SINGAPORE: Spot iron ore prices climbed off their lowest level for the year after a higher-than-expected sale of an Australian cargo suggested demand from Chinese mills may be picking up, although a soft steel market could limit further ... [Published Business Recorder - May 22 2013]

Entities: Iron Ore, Steel, Shanghai, Rising Prices, Futures

First reported May 22 2013 - Updated May 22 2013 - 3 reports

Iron ore train derails en-route to Esperance

An Aurizon train carrying iron ore from Cliffs' Koolyanobbing iron ore mine, near Kalgoorlie in Western Australia, derailed on Monday night on its journey south to the Port of Esperance. No-one was injured in the incident.Track operator Brookfield Rail ... [Published Australian Bulk Handling Review - May 22 2013]

Entities: Esperance (Western Australia, Australia), Iron Ore, Traffic Management, Infrastructure

Quotes

...quickly to eliminate excess production capacity, increase the added value of their products and improve management in order to lower their costs. "Most importantly, SOEs should find the drive to continue reforms and industrial upgrades to prevent themselves from sailing into stormy waters" Wen said. We Recommend

China's SOEs face poor profit prospects [Published People.com.cn - 44 mins ago]

"The restrictive rules around tax loss availability are also a disincentive to merger activity that could have helped these small mining companies to survive" Calder said

News Analysis: Party ends for Western Australia's investment boom [Published Individual.com - 3 hours ago]

Berry says: "Crown's decision to exit its stake in Echo likely reflects an increased degree of confidence in its ability to secure Barangaroo." Sydney's Barangaroo is where Packer would like to build his casino

$28b plunge: stocks battered again [Published Canberra Times - 4 hours ago]

"We believe the award of the work is strong recognition of OTOC's construction ability in remote environments and the quality of the work carried out by OTOC so far in Nauru" managing director Adam Lamond said

OTOC jumps on Nauru contract (The West Australian) [Published West Australian - 10 hours ago]

More Content

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China's SOEs face poor profit prospects [Published People.com.cn - 44 mins ago]
News Analysis: China's SOEs face poor profit pr... [Published Individual.com - 1 hour ago]
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Flinders to seek Fortescue rail access [Published Steel Guru - 1 hour ago]
Ukrainian iron ore exports rise by 12pct in Jan... [Published Steel Guru - 1 hour ago]
Vortex Pipes option to acquire Snelgrove DSO ir... [Published Steel Guru - 1 hour ago]
Iluka Resources considers spin off of iron ore ... [Published Steel Guru - 1 hour ago]
Multi user port in Pilbara receives EPA backing [Published Steel Guru - 1 hour ago]
Minnesota lawmakers raise taconite tax to help ... [Published Duluth News Tribune - 1 hour ago]
Glencore International Given “Neutral” Rating a... [Published The Utah People's Post - 2 hours ago]
JSW Steel Q4 net profit dips 24% to Rs 573.23 c... [Published Financial Express - 2 hours ago]
Power, steel & pharma sector loans putting pres... [Published Economic Times - 2 hours ago]
DSO STARTER AT FLINDERS’ PILBARA PROJECT [Published Mining Business Media - 2 hours ago]
CENTREX GETS A FURTHER TICK FOR PORT PLAN [Published Mining Business Media - 2 hours ago]
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Blogs

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The BRIC Wall. [Published London Irvine Report - May 23 2013] br />!--[if gte mso 9]><![endif]--> Baltic Dry Index. 829 - 01 LIR Gold Target by 2019: $30,000. Revised due to QE programs. “But it (the boom) could not last forever even if inflation and credit expansion were to go on endlessly. It would ...
Market Movers: Afferro, Fastnet Oil & Gas, Jubi... [Published Proactiveinvestors United Kingdom website - May 22 2013] International Mining & Infrastructure Corporation has agreed to buy Cameroon-focused iron ore development group Afferro ( LON:AFF ) for £126mln. Investors are being offered 80 pence in cash – a 9.9 pence premium to last night’s share price – along ...
IMIC agrees in principle to buy Afferro for £12... [Published Proactiveinvestors United Kingdom website - May 22 2013] International Mining & Infrastructure Corporation ( LON:IMIC ) has agreed in principle to acquire Cameroon-focused iron ore development group Afferro ( LON:AFF , CVE:AFF) for £126mln. Investors are being offered 80 pence in cash – a 9.9 pence premium ...
Shipping Investment Focuses On Gas [Published MaritimeSecurity.Asia - May 21 2013] Gas carriers cornered the largest chunk of global shipping investment last year since 2005, just as the profits to be made from shipping liquefied natural gas are falling to their lowest in almost two years. According to Clarkson, the world’s largest ...
Eye on Iran: Iran Cracks Down on Activists in R... [Published Solsticewitch13's BOS - May 21 2013] br />!--[if gte mso 9]><![endif]--> For continuing coverage follow us on Twitter andjoin our Facebook group. Top Stories Guardian: "Iran has launched a public crackdown on dissent before next month'spresidential election, executing ...

Audio/Video

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VIDEO: Iron ore prices soar on China demand [Published BBC News Video - Business - Apr 08 2013]
Zimbabwe's iron ore Mining Rights [Published ABN Digital - Video - Apr 03 2013]
China Demand Expected to Boost Iron Ore Prices [Published WSJ.com Video - Digits - Mar 20 2013]
China Demand Expected to Boost Iron Ore Prices [Published WSJ.com Video - Digits - Mar 20 2013]
Anglo American - Hot or Not [Published ABN Digital - Video - Mar 15 2013]

Press Releases

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New Market Study Published: Malaysia Shipping R... [Published PR inside - May 22 2013]
Research and Markets: Mauritania Iron Ore Minin... [Published Business Wire Professional Services News - May 22 2013]
Magnetation LLC Completes $375 Million Financin... [Published Financial Services - May 21 2013]
AK Steel Joint Venture Completes $375 Million F... [Published Financial Services - May 20 2013]
Research and Markets: Brazil Iron Ore Mining Ma... [Published Business Wire - May 17 2013]