Coking coal potential to validate Mozambique infrastructure investment

Mozambique’s rapidly growing coal sector offers investors a promising future, with production from various projects expected to reach new buyer’s markets states international broking house London Commodity Brokers (LCB) South Africa GM Bevan...

Breakthrough in coal mining for Mozambique

Engineering and science consultancy GIBB concluded a progressive rail, geotechnical and water management signing with Australia-based investment company Talbot Group Investments, in Mozambique.

Brazilian miner reaches iron-ore price agreements with Japanese, Korean steelmakers

BRAZILIAN diversified mining major Vale has announced that it has agreed benchmark iron ore and pellet prices for this year with Japan’s Nippon Steel Corporation and South Korea’s Posco. These new prices have also been accepted by three other...

Rio settles iron-ore contracts with most Asian customers

The second-biggest iron-ore producer, Rio Tinto, has settled 2009 supply contracts for the steelmaking ingredient with South Korean steel producer Posco and its Taiwanese counterparts CSC and Dragon, the miner announced on Monday. The contracts...

Rio Tinto agrees to 33% iron-ore price cut with Japan’s Nippon Steel

Diversified-miner Rio Tinto has agreed to a 33% iron-ore price cut with Japanese steelmaker Nippon Steel Corporation, the company announced on Wednesday. Rio Tinto subsidiary Hamersley Iron has concluded its iron-ore price settlement for the...

Long-term iron-ore supply contract deal

Another major milestone in Robe River Iron Associates' West Angelas project has been reached, with the conclusion of five-year full-scale contracts for West Angelas marra mamba iron ore with six Japanese steel mills.

Iron-ore giant settles 2002 prices

Diversified miner BHP Billiton has reached agreement with both Nippon Steel Corporation and Kawasaki Steel Corporation for the prices of Mt Newman iron ore for the year starting April 1.