Iron ore production not keeping up with steel: Reuters
The world's steel mills are churning out crude steel at a rapid pace, say the latest numbers from the World Steel Association.
The world's steel mills are churning out crude steel at a rapid pace, say the latest numbers from the World Steel Association.
Nortec Minerals Corp. (TSX VENTURE:NVT)(PINK SHEETS:NMNZF)(FRANKFURT:WMQ) has signed a binding Letter of Intent with Otterburn Ventures Inc. (CSNX:OTB). The LOI gives Otterburn the option to earn up to an 80% interest in Nortec's Läntinen Koillismaa project, a 100% owned palladium-platinum–gold–copper-nickel property in north central Finland.
Last Friday we were led to believe that the debt-ceiling crisis would be over by the start ofAsia’s business on Monday. The weekend has gone and so the deal. The markets are very nervous and beginning to worry that a deal will not be made.
Noranda Aluminum Holding Corporation (NYSE: NOR) today reported results for second quarter and first six months of 2011. “Our upstream integration and continuing focus on growth and productivity enabled us to convert higher second quarter aluminum prices and solid customer demand into sequential and year-over-year improvements in revenue, profitability, and liquidity,” said Layle K. (Kip) Smith, Noranda’s President and Chief Executive Officer.
Last Friday we were led to believe that the debt-ceiling crisis would be over by the start of Asia’s business on Monday. The weekend has gone and so the deal.
As uncommon as they may be, rare earth elements are all around you—in your laptop, your cell phone and your flat-screen television. But despite their frequency in our everyday lives, investors still have a lot of false preconceptions about these 16 elements.
Molycorp, Inc. (NYSE: MCP), the Western hemisphere's only producer of rare earth oxides, today announced the award of an Engineering, Procurement, and Construction (EPC) contract by a wholly owned subsidiary to KBR (NYSE: KBR) to build a Chlor-Alkali plant as part of Molycorp's state-of-the-art, $781 million Project Phoenix expansion and modernization at its flagship rare earth facility at Mountain Pass, Calif.
The bubble that is keeping iron ore prices at historic highs may be about to burst, and when it does, iron ore giant Fortescue Minerals will still be making money, the company's new CEO predicts.
Sterlite Industries (India) Limited (SIIL) today announced its unaudited consolidated results for the first quarter (“Q1”) ended 30 June 2011.
It’s the thick of summer now and I’m trying to take it pretty easy this weekend and perhaps another weekend or two while the warm weather is here. The good news about that is that there is so much focus on the debt ceiling debates that you’d hardly know anything else is going on anyhow.