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chinese miner buys a 25 million stake in malaysian iron ore

Chinese miner buys a $25 million stake in Malaysian iron

Feb 12, 2012Chinese miner buys a $25 million stake in Malaysian iron ore mines. Chinese miner, Prosperity Minerals (PMHL.L), announced on Monday a US$25 million investment in Malaysian iron ore mines. After

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Rinehart eases steel makers' iron ore pain with big Roy

Apr 28, 2021Apr 28, 2021Korean steel maker POSCO owns 12.5 per cent of Roy Hill and gets about 25 per cent of the iron ore for its Asian steel mills from the mine –

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China's opportunities and risks in Africa's giant iron ore

Aug 26, 2020After Chinese state-owned conglomerate Citic Ltd. paid $450 million for 25 years of mining rights to the iron ore deposit at Cape Preston in 2006, it quickly turned into a

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Chinese reportedly eye stake in 'Pilbara

Jun 23, 2020Jun 23, 2020The giant Pilbara-killer Simandou iron ore deposit in Guinea could be closer to development, amid reports Chinese steelmaking giant Baowu is preparing to take a stake in its proposed US20bn 30.2bn

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Ansteel approvaled for stake raise in overseas steelmaker

Jun 29, 2009China's steel giant, Ansteel, got government approval from China for an A$162.06 million ($130.69 million) share placement with Australian iron ore miner Gindalbie Metals Ltd, a spokesman with Ansteel

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Vale sells stake in Chinese coal producer for $152 million

Jan 02, 2020Jan 02, 2020Brazilian iron ore producer Vale sold a 25 percent stake it had at a Chinese coal producer, the miner said this week. Vale said it sold its stake at coal producer producer Henan Longyu Energy Resources Co to Yongmei Group Co for $152 million.

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China's Wuhan Iron buy stake in Consolidated Thompson

Mar 30, 2009Mar 30, 2009Consolidated Thompson Iron Mines Ltd CLM.TO said on Monday that Chinese steel maker Wuhan Iron and Steel Corp (WISCO) has agreed to make a $240 million in the Canadian mining company in return

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Stake in huge iron ore mine in Guinea may cut China's

Mar 04, 2021Apr 03, 2021The Simandou mountains, a 110km (68-mile) range deep in the interior of southeastern Guinea, is home to the world's biggest untapped supply of high-grade iron ore, and China believes it could help

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All change: threats to China's stake in Australian mining

A ustralia and China have enjoyed a productive and profitable relationship in the mining industry over the last decade, with the former's massive iron ore production helping the latter satisfy its vast demand for iron and steel. Australia is the world's largest producer of iron ore, and its sales account for 60% of China's iron ore imports. Iron ore is a key component in the production

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US grabs stake in battery metals miner to fight Chinese

Oct 05, 2020Oct 05, 2020The US government is taking a $25 million equity stake in Dublin-based battery metals miner TechMet, as part of a push by President Donald Trump to reduce the country's reliance on supply chains

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China Investment In Malaysia On Iron Ore Mining

Chinese miner buys a $25 million stake in Malaysian iron Chinese miner, Prosperity Minerals (PMHL.L), announced on Monday a US$25 million investment in Malaysian iron ore mines. In July, China produced 93.4 Mt 4 Mining Stocks in Focus With Iron Ore Prices at 6-Year The Bukit Besi mine contains iron ore concentrate with a total iron grade of 65%

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China's Sinosteel increases iron ore stake in Australia

Oct 15, 2020Oct 15, 2020China steelmaker Sinosteel increases Australian iron ore stake after merging with Baowu Steel 1.25 million tonnes of iron ore a year. as Australian iron ore exports to China have soared

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China firm to buy Brazil iron mine for $1.2 bln:rpt

Mar 24, 2010Mar 24, 2010A Chinese mining company has agreed to buy the Itaminas iron ore mine from a Brazilian business magnate for $1.2 billion, local media reported on Wednesday.

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China Said To Target Fortescue Metals

Feb 04, 2008Its $200 billion sovereign wealth fund, China Investment Corp., and coal miner China Shenhua Group are reportedly in talks to take a sizable stake

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