brazil s mmx reviews iron ore business plan again steel first

Should ASX iron ore producers worry as China plans to up ...

 · The AFR has previously reported that China makes around 55% of the world''s steel, while the ASPI reports Australia produces around 60% of the world''s iron ore. Brazil is China''s …

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The Ongoing Saga 38: News, Updates, Tidbits & Trivia ...

 · BHP CEO defends iron ore strategy as best play in gloomy market Posted:Thu, 23 Oct 2014 12:04:53 -0400 LONDON, Oct 23 (Reuters) – BHP Billiton''s chief executive said its strategy of high-volume iron ore production was the best way to profit in a gloomy market, defending a plan that has come under growing criticism for depressing prices.

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Steel-hungry China hunts new sources of iron ore

 · Brazilian port operator Grao Para Multimodal''s executive director, Paulo Salvador, knows there is plenty of untapped high-grade iron ore in northern Brazil, but a mix of bureaucracy and limited ...

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THE PARADIGM SHIFT: Colorado Goldfields Inc. (otcbb: CGFI ...

The company also has applications for exploration permits in the state of Parana. In addition, it owns interests in Serra Azul iron mines, and sells and exports iron ore, as well as holds railroad transportation and port services agreements. MMX Mineracao e Metalicos S.A. was founded in 2005 and is based in Rio de Janeiro, Brazil.

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''Supercycle'' fears weigh on mining groups | Financial Times

The recent collapse in the iron ore price, down by almost a quarter in the past three months to $101.5 a tonne, its lowest level since December 2009, raises concerns for Rio Tinto and Brazil''s ...

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We of the Iron Range want to believe Trump | Free Press ...

 · We of the Iron Range want to believe Trump''s and Stauber''s promise to make the Iron Range great again. We remember when iron ore flowed from the great iron mine ... put the first steel …

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Brazil to Extend Emergency Aid to Poorest as Unemployment ...

 · Brazil''s government will announce today the extension of an aid to informal workers for a few more months, seen as crucial to poorest people amid pandemic impacts on the economy. Country''s ...

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BHP raises iron ore production estimate | PerthNow

 · BHP and Brazilian miner Vale have 50 per cent stakes in Samarco. Chinese steel-makers'' demand for iron ore has been key to miners'' profits. The iron ore price has climbed from a …

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Brazilian iron ore producer MMX signs railway services ...

 · Brazilian iron ore producer MMX has signed a 14-year contract with domestic logistics company MRS Logística to secure railway capacity for its iron ore expansion projects.

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ABCC NEWS: July 2008

 · Rio Tinto Group, the world''s second- largest iron ore producer, plans to spend $2.15 billion raising output of the steelmaking raw material sixfold at its Corumba mine in Brazil. Production will rise to 12.8 million metric tons a year, from 2 million tons currently, London-based Rio said today in a …

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GERDAU S.A.

 · Brazil - In addition to scrap, pig iron, sponge iron and iron ore, Gerdau''s Brazilian operations use other inputs to produce steel such as ferroalloys, electrodes, furnace refracting materials, oxygen, nitrogen and other industrial gases and limestone, albeit in smaller amounts. All of these inputs are readily available in Brazil.

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Will Simandou''s high-grade iron ore end Australia''s market ...

 · Located in Guinea, Simandou is one of the largest, highest grade iron ore deposits in the world, but is currently broken into a couple of discrete parts. Australia''s Rio Tinto owns one half of ...

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In Case You Missed It: Business News Round-up | The ...

 · The U.S. monthly employment report showed that only 11,000 jobs were lost last month, far less than the expected job losses of 125,000. The unemployment rate fell from 10.2% to 10%. According to the latest ''beige book'' survey from the12 regional Federal Reserve banks, economic conditions in the U.S. have generally improved ''modestly ...

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Brazil''s MMX Taps Banks to Raise $1.8 Billion for Mine ...

 · Brazilian mining company MMX Mineracao e Metalicos said it hired Banco Itau BBA and WestLB do Brasil to raise $1.8 billion to finance expansion of an iron-ore mine in Minas Gerais state.

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Companhia Vale do Rio Doce: From Major to ''Miner''? (NYSE ...

 · Serious questions need to be asked about how much of a mining "major" Companhia Vale do Rio Doce (Vale) (NYSE:RIO) really is the wake …

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The Chinese are coming

Between May and the end of July, China''s Iron and Steel Association (CISA) - the world''s leading purchaser of iron ore - tried to reduce the cost of these imports, but didn''t succeed. Not only is the association organisationally weak; as well as contending with pressures from the Big Three producers (Vale, Rio Tinto and BHP Billiton), CISA also ...

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Rio Tinto (corporation)

Rio Tinto Group is an Anglo-Australian multinational and the world''s second largest metals and mining corporation, behind BHP, producing iron ore, copper, diamonds, gold and uranium. The company was founded in 1873, when a multinational consortium of investors purchased a mine complex on the Rio Tinto, in Huelva, Spain, from the Spanish government.. Since then, the company has grown through a ...

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Iron ore mining not for the faint of heart—it''s a tough ...

 · The Mont-Wright iron ore mine in Quebec produces around 25 million tonnes annually, and the Mount Tom Price mine in Australia produces about 28 million tonnes annually. The really big mines like Hamersley in Australia and Carajas in Brazil produce over 100 million tonnes per year. Mary River, even as proposed, is not a big iron ore mine.

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Iron ore price: Value drops below $US200 a tonne amid ...

 · The Motley Fool''s Scott Phillips has suggested China''s short-term market intervention resulting in lower iron ore prices is hiding the Asian superpower''s bid to find a longer-term solution.

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Brazil''s Samarco to restart in 2020 as BF, DR iron ore ...

 · Brazil''s Samarco to restart in 2020 as BF, DR iron ore pellet supplier. London — Samarco may restart iron ore pellet production activities as early as late 2019, and operate toward an 8 million mt/year rate during 2020, to meet high global pellet demand, the company said.

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Brazilian iron ore producer MMX files for bankruptcy ...

 · Brazilian iron ore producer MMX has filed for bankruptcy protection, the company announced. MMX argued, among other points, it was "pushed" into a "severe crisis" due to a "delay'''' in obtaining an environmental license needed for its main project, the Serra Azul mine. Brazil''s development bank, BNDES, which was expected to provide a BRL 4 billion financing for the project, …

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5-Year High Iron Ore Prices Look to Revitalize Mining Sector

 · Iron ore prices should continue to remain strong and is being supported by the increased demand from the steel industry. Also, the ongoing trade war between China and the U.S…

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Chinese steel production to fall

 · Mining iron ore will remain a good business, just not for all. Houses and Holes MEMBER September 28, 2012 at 2:16 pm I reckon wait until those debt covenants get called.

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Dry Bulk News Archive

 · Growing steel demand is good news for iron ore 10 August 2011: It goes without saying, but iron ore demand is all about the steel industry, writes Michael King. Total world steel production last year according to the World Steel Association (worldsteel) was 1,413.5mt (million tonnes), up from 1,230.9mt a year earlier...

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iron ore price Archives

China''s increased appetite for iron ore has become a problem for neighbor India. In the first four months of 2021, ore exports from India increased by 66% to 22.42 million tons (MT).

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Lee Universal Enterprises: 12/25/11

 · MRS will transport iron ore from MMX''s mine in Minas Gerais, Brazil to the Sudeste port in Rio de Janeiro. Under the terms of the contract, MRS will transport 36 million metric tons of iron ore annually from the MMX mine for R26.5 (US$14.12) per metric ton shipped. Tags: iron ore, raw mat, Brazil, South America, trading, mining Sourced ...

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Brazilian iron ore miner MMX may sell assets, stock | S&P ...

 · MMX, the mining group of Brazil s EBX group, is evaluating opportunities to sell the assets and shares of its controlling shareholder group (59.3%) to both domestic and foreign investors, it said Monday in a filing with the country s stock exchange.

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Brazil and China Trade Relationship

 · • Wuhan Iron & Steel''s (WISCO) 2009 acquisition of a 21.5 percent stake in MMX, Eike Batista''s iron ore mining company, for $400 million. • Sinopec signed an agreement with Petrobrás in April 2010 that includes the possible sale of stakes in two exploration blocks in the Para-Maranhão Basin as well as cooperation in E&P and refining.

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Brazil''s MMX in talks with Mubadala, Trafigura to sell ...

 · Iron ore exports from Brazil, the No. 2 producer of the raw material, is dominated by Rio de Janeiro-based Vale SA, the world''s largest exporter of the mineral. Iron ore is the main ingredient in steel. MMX''s Sudeste Port is one of only a handful of non-Vale iron ore export terminals in the country.

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Iron ore is Australia''s silver lining to its darkening ...

 · Australia''s miners, notably Rio Tinto, BHP and Fortescue, dominate the seaborne trade in iron ore. Their main competitor, Brazil''s Vale, is still recovering from its tailing dam disasters and ...

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Asian Metal

Brazil''s lead antimony alloy import volume grew 85.99% YoY in Mar 2021 [06-30] United Kingdom''s welded pipe(D≥406.4mm) export volume rose 124.43% MoM in Feb 2021 [06-30] Poland''s grain-oriented silicon steel strip export volume fell 28.07% MoM in Feb 2021 [06-30] France''s alloy steel billet export volume fell 59.89% MoM in Feb 2021 [06-30]

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