Australian miners BC Iron and Fortescue Metals Group (FMG) have announced they are planning a joint venture to develop the Nullagine Iron Ore Project in East Pilbara, Western Australia.
FMG subsidiary firm The Pilbara Infrastructure will provide rail haulage, port handling and ship loading to the BC Iron-owned mine.
The firms will establish a joint venture for [...]

UK-based Vedanta Resources is expected to start its bauxite mining project in the Orissa region of India by August.
The Niyamgiri mines, located in the Kalahandi district of Orissa, have already received stage I forest and environment clearances, according to financialexpress.com.
In order to develop the project, Vedanta Resources subsidiary Sterlite Industries set up a joint venture [...]

China’s top aluminum producer Chinalco, parent of Chalco, said Friday it hasn’t decided how to participate in 15.2 billion U.S. dollars of share placement by Rio Tinto since its capital injection deal with the latter broke up.
According to a media report quoting Lu Youqing, the company’s vice general manager, as saying that Chinalco has [...]

China is offering a 9 percent value-added tax rebate on exports of several high-end steel products, the Ministry of Finance said on Monday, in what analysts saw as the latest move to support domestic steel mills.
The country, the world’s biggest steel maker, will refund the tax on flat-rolled steel products and hot-rolled ferro-alloy products [...]