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OneSteel has bought iron ore assets in South Australia including Peculiar Knob from WPG Resources Ltd for $346 million as it focuses more on iron ore exports Source The Advertiser
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Big miners BHP Rio Tinto hold off iron ore price
THE world s largest iron ore mining companies have much in common with Big Oil right now each sector is grappling with slumping commodity prices cutting deeply into their financial results What some of the mining companies
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Our global iron ore business is an important part of our asset portfolio We re expanding our operations in Western Australia to epic proportions while introducing next generation technologies to deliver greater
$2bn hit for China s WA iron ore mine as costs triple
THE cost of building China Inc s first iron ore mine in Australia has blown out to a $2bn hit for China s WA iron ore mine as costs triple by to Citic s three steel mills in China and other Chinese plants
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Important to an iron ore produced like BHP pellet and sinter plants For Rio Tinto s Hamersley Iron which is under pressure to begin secondary processing of iron ore HIsmelt would enable the use of lower grade
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