Iron and Steel

Mining News Pro - Mobility technology company Bombardier Transportation reports that, as of November 26, its locomotive fleet provided to State-owned logistics company Transnet has successfully completed ten-million kilometres in service since operations began in December 2017.

Mining News Pro - Nickel Mines is set to expand its foothold in Indonesia by acquiring an interest in the Angel Nickel development project for a total consideration of $US490 million ($671.6 million).

Mining News Pro - The development assumes significance in the domestic steel industry as a fruitful result of the experiment would break the monopoly of Australia in coking coal supply to India.

Mining News Pro - The head of the Brazilian state of Minas Gerais, where Vale’s Brumadinho dam collapsed in January 2019, leaving 270 people dead, has rejected the miner’s proposed settlement of around 21 billion reais ($3.97bn).

Mining News Pro - The seventh conference of Iran Mines and Mining Industries Productivity Award chose the HOSCO’s steel graphite electrode consumption reduction project as the top productivity project.

Mining News Pro - CEO of Hormozgan Steel Company announced that the company increased its production capacity from 1.5 million tons to 2 million tons of crude steel.

Mining News Pro - Newcrest Mining is optimistic about the outlook of its project pipeline, including the Havieron project in Western Australia and Cadia expansion in New South Wales.

Mining News Pro - Steel and iron-ore major ArcelorMittal Canada has appointed Mapi Mobwano, who has worked in the South African mining industry for two decades, as president and CEO.

Mining News Pro - Fortescue Metals Group has secured 12 new agreements with Chinese steel mills, procurement partners and financial institutions during the China International Import Expo 2020.

Mining News Pro - Mobarakeh Steel Company announced that the company successfully produced more than 150 million tons of pellet since the operation of the pellet production unit.

Mining News Pro - Chief executive of Sabanour mining and industrial development company said that last year the company’s profitability grew by 244 percent.

Mining News Pro - Canadian miner Teck Resources Ltd reported a 66.6% fall in third-quarter adjusted profit on Tuesday, as production of steelmaking coal decreased.

Mining News Pro - ESCO’s deputy of exploitation believes that despite the global sanctions, half of the company’s products are being exported and that is the reason for considering the national standards.

Mining News Pro - Sabanour mining and industrial development company succeeded to gain $18.3 million of revenue that was a huge step for reaching the company’s target, $40 million.

Mining News Pro - The company surprised the mining industry by a jump in production.

Mining News Pro - Civmec has won contracts with Fortescue Metals Group for the Iron Bridge magnetite project in Western Australia, and BHP Mitsubishi Alliance (BMA) at the Hay Point loading point in Central Queensland.

Mining News Pro - China has suspended purchases of Australian coal, according to people familiar with the order, as Beijing continues to tightly control imports of the fuel amid soured political relations with Canberra.

Mining News Pro - Remember when President Donald Trump promised to revive the coal industry? When he vowed to “put our miners back to work” during his 2016 campaign trips to coal country? When he said he would end “the war on coal?” A half-dozen times after becoming president, Trump signed bills and executive orders that were supposed to save the industry, always with coal miners standing behind him, applauding his promise to bring coal back.

Mining News Pro - Pindan has won a $3.6 million contract for works at Fortescue Metals Group’s Iron Bridge magnetite project in the Pilbara region of Western Australia

Mining News Pro - Cleveland-Cliffs on Monday announced a $1.4-billion deal with fellow-listed steel producer ArcelorMittal to acquire all its US operations and subsidiaries.

In Picture