ArcelorMittal and BHP Billiton jointly announced that they have ended preliminary discussions to combine the two companies’ iron ore mining and infrastructure interests in Liberia and Guinea into a single joint venture.
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Agnico-Eagle Mines Limited provides an update on its 2010 exploration program. During the course of 2010, the Company’s programs have resulted in expansions of several mineralized zones at the Company’s operations, most significantly at Kittila and Pinos Altos.
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Following the ongoing recovery in industry in general as well as in mining activities, where crushing equipment is of major importance, Sandvik decided to modernize and extend their manufacturing and servicing capabilities at their Svedala plant
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Devnya, Bulgaria – Devnya Cement has startet of one of its biggest investment projects for the last 20 years. EUR 250 million will be invested in the reconstruction and modernization of the cement factory in Devnya.
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Mumbai, India – At the recent annual meeting, Kumar Mangalam Birla, Chairman of Hindalco, said that the company has earmarked a capex of around INR 40.000 crore (approx. USD 8.5 billion) towards projects to be commissioned between 2012 to 2014.
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Ahmedabad, India – Mundra Port and Special Economic Zone has announced the commencement of operations of the dry bulk cargo port at Dahej. The USD 245 million port has a handiling capacity of 20 million tonnes per year.
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Espoo, Finlandd – Outotec has won an order from Steel Authority of India (Sail) for the design and delivery of an iron ore sinter plant for the Bhilai Steel Plant in Chhattisgarh. Outotec will implement the turnkey plant project in consortium with Larsen & Toubro.
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Kolkata, India – The Birla Corporation plans to sign a pact with the Assam government in September to set up a one million tonne greenfield cement plant project in that state, Birla Corporation chairman Harsh V. Lodha said.
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Sydney, Australia – Western Plains Resources has announced that it will buy a parcel of land in Port Pirie to establish a facility for the receival and transfer of iron ore. The capacity of the iron ore handling and transhipment facilities will be some 7 to 8 million tonnes per year
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Melbourne, Australia – Rio Tinto today announced an investment of USD 1.6 billion to develop the Hope Downs 4 iron ore project in Western Australia and link with Rio Tinto’s existing rail, power and port infrastructure in the Pilbara.
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