Usiminas scales back iron ore mining plans

Brazilian steelmaker Usiminas has cut back on plans to expand its iron-ore production, reducing its targeted output by 2015 to 25-million tons from 29-million tons, the company's VP said on Monday. "The project is just being revised because a new...

Vale says iron-ore sales brisk despite slower China

Brazilian miner Vale is selling iron-ore about as fast as it can mine it despite a slowdown in the economy of China, its top customer, the company's head of investor relations said on Monday. A string of economic indicators show China, the...

Anglo American on verge of landing major iron-ore contract in Brazil

The iron ore business unit of Anglo American Brazil (Anglo Brazil) hopes to conclude a contract with the Italian-Argentinian group Techint, to supply the latter with the ore for a planned new steel plant in Rio de Janeiro state, before the end of...

Anglo American Brazil on verge of landing major contract

The iron ore business unit of Anglo American Brazil (Anglo Brazil) hopes to conclude a contract with the Italian-Argentinian group Techint, to supply the latter with the ore for a planned new steel plant in Rio de Janeiro state, before the end of...

Brazil’s Votorantim to ramp up its mining activities

Brazilian conglomerate Votorantim is to make significant, although still undisclosed, investments in new mining projects in South America, employing some of the money it obtained from selling its stake in Brazilian steelmaker Usiminas to the...

Slowdowns, shutdowns and continuing development as Vale rides out recession

Story on Companhia Vale do Rio Doce delaying its Onça Puma nickel project in Brazil by at least a year, shutting down its Sudbury, Canada, nickel operations for eight weeks, but continuing construction of its new hydromet technology nickel...