Articles Tagged "iron ore mining"

Expanding Iron Ore Supply Weighs on Price

Iron – By 2015 iron ore production is set to grow by 53 percent. This has worried investors that falling prices will hurt the bottom line of some of the world’s largest mining firms. Recent movements in share prices have reflected these concerns. Yet the heads of the BHP, Vale, and Rio Tinto remain confident.

India’s Iron Fist Thumps In Canada

  In a bid to ensure adequate supply to Corus’ European plants, India’s Tata Steel has signed an C$ 300 million agreement with New Millennium Capital Corp of Canada. Another $5 billion is to be invested in Vietnam. The world’s eighth-largest steel maker, India’s Tata Steel Ltd (TISC.BO), has said it expects its European unit [...]