Tag: iron
ironBrazilian iron-ore giant Vale traded at a premium in Hong Kong market debut
Brazilian corporation Vale, the world's biggest iron ore miner, listed on Wednesday at the Hong Kong stock exchange where it traded at a premium to New York's close, as the company looks to raise its profile among Asian investors.
Uruguay’s definitive iron-ore feasibility project to be completed by mid-2011
Swiss-based iron ore mining start-up Zamin Ferrous through its Brazilian affiliate is finishing the drilling stage of an iron-ore project in Valentines, Uruguay, and expects to complete its “definitive” feasibility study by mid-2011.
World’s leading iron-ore producer and exporter moves into the copper business
Brazilian mining conglomerate Vale Rio Doce announced this week that it will make a public offer to acquire Paranapanema, the country’s largest copper smelter, as part of a bid to become one of the world’s leading producers of the red metal.
Japanese group secures iron-ore supply with stake in Brazilian steel foundry
Usinas Siderurgicas de Minas Gerais SA, Brazil’s second-largest steelmaker, agreed to sell a stake in its mining and railroad businesses to Sumitomo Corp. for 1.93 billion US dollars before a possible share offering in the unit.
