India's Essar Group is planning an additional $650 million investment at its iron ore project in Minnesota, US, Essar Group, director, Prashant Ruia said in a statement on Monday, January 27. "The US is a crucial market for us, and our investments reflect our long-term commitment to the region. In northern Minnesota, we are building a 7 million mt per year …
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→ WhatsApp: +86 18221755073Guinea Robert Friedland reorganises his Nimba project ahead of possible sale to Jindal. American-Canadian mining magnate Robert Friedland no longer believes that he can complete the Nimba iron ore mining project being carried out by his High Power Exploration (HPX) group and its local subsidiary, Société des Mines de Fer de Guinée.
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→ WhatsApp: +86 18221755073Baoshan Iron & Steel, a unit of state-owned China Baowu Steel Group, the world's largest steelmaker by output and a Simandou shareholder, said it hopes to optimize its ore blending structure after ...
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→ WhatsApp: +86 18221755073China Baowu Iron & Steel and Winning Consortium Simandou (WCS), the holder of blocks 1 and 2 of the immense iron ore deposit in southeastern Guinea, have finally reached an agreement. More than eight months after Conakry approved the Chinese steel giant's stake in the Simandou project in December, Shi Bing, its chairman, and Lv Xiaohui, the CEO of the …
→ WhatsApp: +86 18221755073The world's largest steelmaker China Baowu Steel Group has raised 10 billion yuan ($1.4 billion) from a bond issue, in part for the giant Simandou iron ore project in Guinea, it said on Monday.
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→ WhatsApp: +86 18221755073Rio Tinto and the Simfer joint venture (Simfer) reached an important milestone by concluding key agreements with the Republic of Guinea (West Africa) and Winning Consortium Simandou (WCS) on the trans-Guinean infrastructure for the world class Simandou iron ore project.. Simandou is home to the last known, largest and richest untapped high-grade iron ore …
→ WhatsApp: +86 18221755073Rio Tinto provided an update at its Investor Seminar on the world-class Simandou iron ore project in Guinea, Africa, which is being progressed in partnership with CIOH, Winning Consortium Simandou (WCS), Baowu and the Republic of Guinea.. Simfer Jersey Limited is a joint venture between the Rio Tinto Group (53%) and Chalco Iron Ore Holdings Ltd (CIOH) …
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→ WhatsApp: +86 18221755073Essar Group Enhances US Iron Ore Project with $650 Million Investment. The Indian Essar Group is set to invest an additional $650 million in its iron ore venture in Minnesota, USA, reaffirming the company's strategic focus on the American market. For more details, visit the …
→ WhatsApp: +86 18221755073BHP Group's BHP iron ore production improved 2% year over year to 132 Mt in the first half of fiscal 2023 (ended Dec 31, 2023). Record levels were attained at Western Australia Iron Ore (WAIO ...
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