Rio Tinto green lights $2.6B Koodaideri iron ore mine investment

Having trouble viewing this email?  View online Iron Ore News Digest Wednesday 19 December 2018 Home    Coal    Copper    Iron Ore    Nickel    Rare Earth    Oil Sands    Uranium    Zinc Rio Tinto green lights $2.6B Koodaideri iron ore mine investment Construction will start next year with first production expected in late 2021. read » Anglo ending 2018 on high note, predicts higher output, lower costs The diversified miner anticipates 2018 production to be 2% ahead of previous guidance and costs to be 5% below. read » Brazil launches new mining agency days before Temer steps down Changes to Brazil's 50-year-old mining regulations also came in effect Wednesday and include measures that make the country's industry more competitive and sustainable. read » Peru's gold, silver, copper output falls On the positive side, the Andean country's iron ore production grew by 66.8% when compared to the previous year. read » Navy admiral named Brazil's Minister of Mines and Energy Albuquerque, 60, will tackle offshore oil licensing rounds and planned energy privatizations. read » Vale buys innovator New Steel for $500m Vale has focused on sales of better quality iron ore, mostly from its S11D project in Pará state, as demand for the cleaner and less polluting product rises in China, its main market. read » UAE's Emirates Steel refinances $650 million of debt with new loan, sukuk – sources The company hired BNP Paribas to coordinate a $400 million sharia-compliant loan financing. read » ArcelorMittal urges extended, reformed EU caps on steel imports It is "absolutely critical" that Europe protect itself with measures to restrict imports of steel and remedy weaknesses in its existing system. read » Vale says recent dip in global steel prices is temporary Global capacity utilisation in the steel sector has risen to 76% this year from 73% last year, indicating excess capacity in the sector is shrinking. read » Vanadium's electric future hobbled by its industrial past Supply scarcity and the resulting price volatility are the two biggest hurdles to vanadium's potential bright electric future. read » What to watch in commodities: Trump-Xi, OPEC, iron, Tesla, crops It'll be an important week for iron ore, which has been badly beaten up in November. read » S.Africa's main iron ore export rail link closed until Dec. 9 The Saldanha export line carries iron ore sourced mainly from Kumba mines from the Northern Cape province to the Saldanha port in the Western Cape. read » Anglo CEO says investor confidence returns to South Africa Anglo American mines platinum, coal, diamonds and iron ore in South Africa. read » China's HBIS to invest in $4.4B steel project in Philippines The Philippine Iron and Steel Project will be the country's first integrated steel complex and represents the biggest industrial investment from China. read » Read more Iron Ore news on MINING.com » Home    Coal    Copper    Iron Ore    Nickel    Rare Earth    Oil Sands    Uranium    Zinc About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 |[email protected].Please visit cem.infomine.com for more information. Copyright InfoMine. You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "MINING.com Iron Ore News Digest". You mayunsubscribe at any time. The information contained in “Iron Ore News Digest” is collected from a variety of sources on a “best intentions”basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose.Any information presented in “Iron Ore News Digest” is not a solicitation to purchase or acquire any securities.Use of this service is an acceptance of this disclaimer. Visit our web site to read ourcomplete disclaimer.