Joda Barbil is a municipality in the Keonjhar district of the state of Odisha . The region around Barbil has one of the largest deposits of iron ore and manganese ore in the world. It is a major ...
The company engages in mining and producing iron ore and manganese ore. They also produce sponge iron. Their mines are located around Barbil in Keonjhar district of Orissa. The company is a subsidiary ...
Japanese trading house Mitsui & Co. will buy a stake in an Australian iron ore project for $5.3 billion, in a bet that the ...
An Aboriginal group is seeking A$1.8 billion ($1.1 billion) from Western Australia in compensation after the state government ...
The deal, marking Mitsui's largest investment ever is a result of long-term efforts to expand its production volume of iron ore, a key growth driver, CEO Kenichi Hori said. Rhodes Ridge is one of ...
This was despite an 11% drop in iron ore prices, mainly because of weaker demand from China, as its domestic property sector still faces major issues. Rio Tinto's share price dropped 1.5% on ...
Investors are preparing for a new era of slumping profits and hefty dividend cuts by the world’s largest miners as iron ore markets brace for a flood of supply to trigger a collapse in prices.
The world’s biggest miners, having cashed in on China’s once-rampant demand for iron ore, are starting to reel from the impact of their main customer’s economic struggles. BHP Group Ltd ...
One of the Japanese trading houses that Warren Buffett’s Berkshire Hathaway holds has agreed to invest $5.3 billion in an untapped iron-ore project in Western Australia.
Japanese trading house Mitsui & Co said on Wednesday it would acquire a 40% stake in the Rio Tinto-operated Rhodes Ridge iron ore project in Western Australia for $5.34 billion, to strengthen its ...
But it won’t occur seamlessly, as the miner’s historical main profit-driver, its West Australian iron ore business, wanes even as it ramps up copper and potash as its future earnings and ...
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