17 octobre 2012

Rio Tinto Iron Ore Output Unabated Regardless of China Concern

Rio Tinto PLC (RIO) continues to deliver record volumes of iron ore undeterred by value volatility and worries over China's appetite for your steelmaking raw ingredient. The Anglo-Australian firm, the world's second-largest producer of iron ore just after Brazil's Vale SA (VALE), Tuesday maintained a manufacturing target of 250 million metric tons this yr just after its mines lifted output 5% on the yr during the third quarter. Manufacturing outpaced revenue of your commodity as being the corporation ready itself for the upcoming... [Lire la suite]
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17 octobre 2012

Fortescue says to elevate iron ore output as expense recovers

The pace of manufacturing by Fortescue and rivals is getting watched for signs on how weaker consumption of steel in China is taking part in out on demand for industrial commodities. Miners have in latest months been scaling back expansions and spending, raising concerns a decade-long mining boom in Australia is ending. Fortescue in September slammed the brakes on plans to lift its yearly capacity to 155 million tonnes by digging a new mine named Kings in Australia like a slide in globe iron ore prices to Iron ore jaw crusher... [Lire la suite]
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17 octobre 2012

BHP September quarter iron ore output flat, copper up

SYDNEY (Reuters) - BHP Billiton , the world's biggest miner, reported regular September quarter iron ore production and maintained its guidance for any five % improve in output in the steel-making ingredient this year. Output was 39.8 million tonnes against 39.6 million within the corresponding time period a year ago, it said in its quarterly activities report on Wednesday. Iron ore charges this month have rebounded to all-around $114 Vibrating screen for sale per tonne from $87 in September as Chinese steel mills restocked depleted... [Lire la suite]
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