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The imports of molybdenum into China in April of 2009 were known and still indicated the high level. The total quantity of main three molybdenum products imported by China in January to April of 2009 came to 21,975 tonnes, corresponding to 27.2 million pounds on Mo content base.
For a reference, China imported 2,160 tonnes [...]

Zhoushan coal harbor opens

According to Mr Pu Hongjiu the chairman of China’s Coal Industry Association, with so much exclamation 16 years ago relevant government officials were picturing a large scale coal base somewhere in China’s eastern coastal areas and today which is 16 year’s later.
He said that "I’m so glad to see this dream that had been [...]

Urumqi, the capital of Xinjiang Uygur autonomous region has become a vanguard in the national strategy to develop western China.
The capital composed of eight districts and one county has a population of 3 million people and 47 ethnic groups living in its 14,200 sq km area.
Local statistics show Urumqi’s GDP reached 102 billion [...]

Sesa Goa, a subsidiary of UK-based Vedanta Resources, has acquired Dempo Group’s Goa mining assets in an all cash deal worth Rs1,750 crores.
The assets include a number of mining leases and rights estimated at 70 million tons of iron ore, as well as related mining infrastructure.
The deal is set to ensure the long-term success of [...]

Brazilian miner Vale said it has agreed to reduce iron ore and pellet prices by 28.2% for shipments to Japanese and Korean steel makers this year. The announcement follows 33% cuts announced by rival Rio Tinto. Vale said the deal will impact its revenues but strengthen its position during talks with [...]

The Obama administration has announced steps to reduce the environmental destruction caused in six US states by mountaintop coal mining.
The government will seek to eliminate the expedited reviews that have made it easier for mining companies to blast off Appalachian mountaintops, writes Associated Press.
The agreement among federal agencies includes changes to tighten federal [...]

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 [...]

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