Can the Anticipated 2013 Nickel Surplus be Reduced?
Nickel – The nickel market is set to record a 90,000 MT surplus in 2013. Here's a look at what factors are at play in the situation and what needs to happen for that surplus to be reduced.
Articles Tagged "NYSE:BHP"
BHP Sells Pinto Valley Copper Mine to Canada’s Capstone Mining for $650 Million
Copper – Capstone Mining signed a deal with BHP Billiton for the Pinto Valley copper mine and associated railroad company. The mine changed hands for US$650 million.
Vale Sheds Argentine Potash Project
Potash – Brazilian mining heavyweight Vale has come to an agreement with the Argentine government to drop its Rio Colorado potash project.
South Africa Aims to Process More Manganese at Home
Manganese – Evolving government policy aims to enhance the value of the country’s resource output and create jobs. And a new manganese furnace may be proof that it’s working.
BHP Billiton Aiming to Sell Around 10 Assets
Coal – Reuters reported that BHP Billiton Ltd. (ASX:BHP,NYSE:BHP,LSE:BLT) wants to sell approximately 10 assets. The move follows BHP's decision last year to shut down a number of unprofitable coal mines, as well as its announcement last month that it is considering selling the Queensland-based Gregory-Crinum coking coal mine.
BHP Responds to China’s Iron Ore Price Manipulation Accusations
Iron – Reuters reported that BHP Billiton Ltd. (ASX:BHP,NYSE:BHP,LSE:BLT) has responded to allegations from China's National Development and Reform Commission that the top three iron ore miners — BHP, along with Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) and Vale (NYSE:VALE) — and some traders manipulated the markets to show a shortage of iron.
Iron Market Update (February 18, 2013)
Iron – A brief overview of iron price developments, supply and demand and significant market movers.
Chile Sees 2013 Copper Production Boost Contributing to Global Surplus
Copper – Chile’s copper output could hit a new record this year as BHP Billiton squeezes more life out of the world’s largest copper mine, Escondida. As such, the company may be complicit in tipping the global supply-demand balance into a surplus — and ultimately putting pressure on copper prices.
Vale to Continue Upping Iron Ore Output After 2017 in Hopes of Regaining Market Share
Iron – Bloomberg reported that after reaching 400 million metric tons of iron ore output in 2017, Vale SA (NYSE:VALE) plans to increase its iron ore output by 20 to 25 million metric tons per year. Vale's plan is aimed at taking back the 6 percent of market share that it has lost to other major companies — such as BHP Billiton Ltd. (ASX:BHP,NYSE:BHP,LSE:BLT) and Rio Tinto plc (ASX:RIO,NYSE:RIO,LSE:RIO) — over the past six years.
What Lies Ahead for Iron Ore Prices?
Iron – The metal’s strong rally in the last three months took many investors by surprise. Can it sustain its momentum?
