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Latest Iron mining Stories

2008-09-10 09:00:34

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 10, 2008) - Cardero Resource Corp. ("Cardero" or the "Company") (TSX:CDU)(AMEX:CDY)(FRANKFURT:CR5) is pleased to announce that it has completed an option to lease agreement with an arm's length private mineral owner on the TiTac Iron-Titanium-Vanadium deposit in northeast Minnesota, USA. Metallurgical test work on the deposit completed by the United States Steel Corporation ("US Steel") produced a magnetic concentrate grading 57.32% iron,...

2008-09-03 12:00:22

CHAMPION MINERALS INC. ("Champion" or the "Company") (TSX VENTURE: CHM) is pleased to announce that the Company has acquired additional claims along the north-western and western perimeter of the Attikamagen Iron Property (the "Property"), located in western Labrador and north-eastern Quebec, 15km northeast of Schefferville, Quebec. The Schefferville Mining Camp is renowned for hosting some of the world's largest direct-shipping iron ore bodies, which are associated with magnetite-rich...

2008-09-03 06:00:19

Research and Markets (http://www.researchandmarkets.com/research/86d6e0/iron_and_steel_sme) has announced the addition of the "Iron and Steel Smelting in China" report to their offering. The IBISWorld Iron and Steel Smelting in China industry report includes establishments and firms primarily engaged in manufacturing hot metal, pig iron, cast iron and cast iron pipes. This is carried out in blast furnaces to extract iron from iron ore. Pig iron and scrap iron are further refined, either...

2008-09-02 09:00:29

Research and Markets (http://www.researchandmarkets.com/research/bc47a3/chinas_steel_indus) has announced the addition of the "China's Steel Industry Research Report 2007-2008" report to their offering. In 2007, China's crude steel production was 487 million tons, up 15.63 percent year on year. The global crude steel production was 1.316 billion tons, up 8.2%. In terms of the rapid growth of Chinese steel production, at the end of 2007, the proportion of China's steel output of the...

2008-08-29 15:00:41

India may raise iron ore export duty to 20 pct NEW DELHI, Aug. 27 (Xinhua) -- In an attempt to keep steel prices from rising further, the Indian government may raise export duty on iron ore, the Economic Times reported Wednesday. India's Committee of Secretaries (CoS) reviewing prices of essential commodities is set to discuss a proposal to raise export duty on iron ore to 20 percent from 15 percent. The move is aimed at improving domestic supply of iron ore, particularly high-grade...

2008-08-28 06:00:54

Researched by Industrial Info Resources (Sugar Land, Texas) -- In a bid to counter the adverse effects of soaring iron ore prices and secure a stable supply of raw material, Japanese steel majors are teaming up to jointly acquire overseas iron ore mining rights and share the purchase costs among themselves. The consortium is initially eyeing a stake in the Namisa iron ore mines in Brazil owned by Companhia Siderurgica Nacional (NYSE:SID) (Rio de Janeiro), the largest integrated steel...

2008-08-26 03:00:43

In a statement to the Doha Securities Market (DSM), Industries Qatar declared that its wholly owned-Qatar Steel Company has pulled out from Guelb El Aouj project in Mauritania due to strategic reasons. Late last year, Qatar Steel announced that it had acquired 49.9 % interest in the Guelb el Aouj Iron Ore project in Northern Mauritania for US$375 million. The project comprises three adjacent deposits (Centre, East and West) that together represent a combined resource currently estimated at...

2008-08-23 18:00:25

Tokyo, Aug. 23 (Jiji Press)--Major Japanese steelmakers including Nippon Steel Corp. and JFE Steel Corp. are considering joining forces to purchase overseas iron ore mining rights to cope with the raw material's soaring prices, informed sources said Saturday. Also seen to join the move, intended to share massive purchasing costs and secure stable supply of iron ore, are steelmakers Sumitomo Metal Industries Ltd. and Kobe Steel Ltd. and major Japanese trader Itochu Corp. . The Japanese...

2008-08-20 03:00:32

By Anderson, Melissa Although things looked good for the prices of raw materials at the start of 2008, things have changed both rapidly and significantly. The results of a supplier survey conducted in June by IRN Inc. indicated that the recent run-up in raw material prices, particularly for steel, has reached acute levels. Ninety-six percent of the steel users responding to the survey reported that they had experienced material price increases in 2008 that are significant enough to require...

2008-08-19 00:00:25

Research and Markets (http://www.researchandmarkets.com/research/4bcf1d/china_industry_res) has announced the addition of the "China Industry Research and Investment Analysis: Iron Ore Mining Industry, 2008" report to their offering. The unprecedented growth seen in China, India and Russia has created strong demand for iron ore. China itself consumes over 50% of the world's iron ore production. The shortage of iron ore will continue until 2011. With China's ongoing construction of...


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