Iron – Mining Weekly reported that a giant ship carrying iron ore owned by Vale SA has entered a port in eastern China, marking its first entry since its ban in January 2012.
Articles Tagged "BHP Billiton"
Iron – Bloomberg reported that Vale SA’s first quarter iron ore output dropped 3.5% to 67.5 million metric tons after permit shortages and operational limitations.
Potash – The Globe and Mail reported that, although BHP's enormous Jansen project is moving its way through the approval process, it is still waiting the go-ahead from design engineering after deciding to increase the project's size substantially.
Gas – Reuters reported that BHP is expected to report an increase in quarterly output as a rise in U.S. gas prices has pushed production ahead.
Copper – The International Business Times reported that BHP's recent copper discovery at Succoth was large enough to open the remote Australian outback location up to resource development.
Uranium – Australia, the third-largest uranium producer in the world, is home to nearly one-third of the world’s known uranium resources.
Potash – Renewed Chinese and Indian potash contracts are building confidence in the potash market. Which projects will help supply future demand is still an open question as companies rush to bring supply online.
Iron – Reuters reported that BHP Billiton said the prices of iron ore will decline over the next few years as major iron ore companies have plans to boost production by 2015 and demand from China weakens.
Uranium – Bloomberg reported that Toro Energy Ltd, which is planning to develop the Wiluna uranium mine for US$279million Australia, is in talks with potential partners from China, South Korea, and Japan.
Copper – Bloomberg reported that BHP feels that supply may outpace demand this year on increasing stockpiles and production.