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Jun 17, 2004 Jun 17, 2004 Companhia Vale do Rio Doce of Brazil, the world's biggest iron ore producer and exporter, has held talks to acquire a controlling stake in Noranda, a big, diversified Canadian mining group, for as
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Jan 01, 2008 Jan 01, 2008 S11D is the largest mining project in Vale's history and the largest in the history of iron ore mining in the world. Vale has been investing heavily in this project (6,4 billion dollars for the mine and about 8 billion dollars in the Railroad and Port) to intensify the extraction and export of high quality iron ore
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Oct 25, 2013 Greenland strikes deal with British firm to build giant iron ore mine. ... London Mining is expected to seek investment partners for the 1.5bn project, located about 90 miles from the capital
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May 08, 2019 May 08, 2019 The collapse of the Fundao tailings dam, which stored mining waste and is owned by the Samarco joint venture between BHP and Brazilian iron ore mining giant Vale, killed 19 and spilled about 40
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Historically, iron ore has traded under long-term contracts based on a benchmark price, negotiated annually. This approach was established under the first major agreement between a buy-side consumer of iron ore - a steel producer - and a sell-side iron ore producer - a mining company
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Feb 28, 2012 Feb 28, 2012 The China Beijing International Mining Exchange launched the online platform together ... when asked if CISA opposed Vale sending its fleet of giant iron ore carriers to China, Wang said the association was only interested in securing raw ... IDC will seek out of court settlement with Kalagadi provided “fundamental issues” addressed
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Feb 12, 2021 Feb 12, 2021 Demand for iron ore in steel production remains strong in China even as domestic sources of supply diminish. Inflation and Weak US Dollar Hedge. Trading iron ore is a way to bet on a weak US dollar and higher inflation. Iron ore is priced in US dollars, so the performance of the American economy can impact its price
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Sep 10, 2020 Sep 10, 2020 BHP has established a heritage advisory council with Banjima native title holders to inform the design of its $4.5bn South Flank iron ore mining operation, just three months after the mining giant
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Jan 04, 2019 Jan 04, 2019 The Iron Ore Company of Canada says the long-awaited Wabush 3 mining project in Labrador West will be going ahead. The new pit comes with a $79-million investment and should increase the ore output by about five million tonnes per year. Clayton Walker, chief executive officer and president, said it should also extend the life of the mine by 12 years
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Feb 29, 1976 Feb 29, 1976 In 1974, the Venezuelan Government nationalized its valuable iron ore source, Orinoco Mining Company, but the company will continue to seek dispersed international opportunities, “never putting
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Feb 28, 2012 Feb 28, 2012 The China Beijing International Mining Exchange launched the online platform together ... when asked if CISA opposed Vale sending its fleet of giant iron ore carriers to China, Wang said the association was only interested in securing raw ... IDC will seek out of court settlement with Kalagadi provided “fundamental issues” addressed
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Jun 14, 2021 Jun 14, 2021 The iron ore fields are 650 kilometres from the coast, and there is no port or rail infrastructure in place at all. Of course, fast construction of infrastructure is one of
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Jun 20, 2011 Cliffs executives blamed a 51 percent reduction in North American iron ore production and a 44 percent decline in iron ore shipments. Indeed, the U.S. iron mining industry took a beating throughout the 1980s, as increasing imports and two severe recessions forced the closure of one-third of America’s iron ore mines
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The country has a growing iron ore-pelletizing sector, with Brazilian mining and metals giant Vale having commissioned its $1.35bn iron ore beneficiation plant in early 2012 with the objective of servicing ore imported from Brazil
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Nov 07, 2019 Nov 07, 2019 The first discovery of iron ore resources at Isua dates back to 1965, and several companies have carried out exploratory drilling since [5]. London Mining Greenland A/S (henceforth LMG) acquired their exploration license for the Isua project in 2005, the first large-scale mining project granted in Greenland [6]
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