Monthly Archives: June 2008
Fight! Fight! Iron ore fight!
Australia’s richest man, woman in iron ore mine fight In case you get bored, there is a new fight in town that might give Ultimate Fighting a run for its money. It is Rio and Gina against Twiggy and Cazaly … Continue reading
The Indians can tax, and the Chinese will pay
Reuters: Indian government revises duties on iron ore, steel India has hiked its export duties on iron ore, and it is not a bad thing. It will give the government some money. I do not really see it impacting the … Continue reading
Filed under Iron Ore
Finally, someone who does not want iron ore
Sea Piracy’s Bloody Growth As shipping gets more valuable, more people feel that they can take by gun what they cannot afford by SWIFT. Having said that, at least they probably are not trying to take iron ore carriers or … Continue reading
Filed under Uncategorized
And now the Indians want their pound of flesh
NMDC may hike long-term iron ore contract prices The Indian state government, which has traditionally discounted ore to its domestic buyers, is now going to be selling it at full market price. At least, however, they are not going to … Continue reading
Filed under Iron Ore
Press release from my day job
Good job, AXI guys. This is an incredible amount of work. http://www.newswire.ca/en/releases/archive/June2008/13/c3700.html
Filed under Uncategorized
Rio denies it
Rio Tinto denies 95% hike in iron ore prices in China Dear BHP, 95%? We did not agree to 95%. We want more, lots more. We need it to make up for any risk we have in Africa. Now can … Continue reading
25% of what?
News.com.au: BHP-Rio combo is a “modest” 25% of market Come on, math is clearly the strong suit of these people. Yes, Rio Tinto and BHP probably only have 25% of total worldwide demand. But they have a much higher percentage … Continue reading
Africa nationalize assets? Never!
Rio Tinto faces iron ore glitch in Guinea Poor, poor Rio Tinto. Time to renegotiate on this one because if you walk, Rio, Mittal will cut a better deal than the one you offered. When you get a valuable project … Continue reading
