With China rumored to be angling to make a bid on Potash Corp. of Saskatchewan to rival that of BHP Billiton, the Globe and Mail looks at why the mineral matters so much to the Chinese: The reason for Ms. Han’s interest is...
The latest cyber attack reportedly originating in China was waged against several mining companies as four employees of Rio Tinto were being arrested in China. From Bloomberg: Rio Tinto Group faced cyber attacks from China at...
China’s economic woes are slowing demand for natural resources, and mining giants, like BHP Billiton, are slowing production as a result. From the Sydney Morning Herald: “There will be less ships than before,”...
As Venezuela positions itself to sell more oil to help China meet its rising demands, Australia’s BHP Billiton mining giant is getting ready to export uranium to China as the country prepares to expand its nuclear energy...
Australian mining company BHP Billiton has handed over the Olympics medals in preparation for August’s Games. From Bloomberg: Six thousand medals — sourced from BHP mines in Australia and Chile — were handed to...
The competition between Rio Tinto, BHP Billiton and Chinese firms is heating up, according to the Sydney Morning Herald: AUSTRALIA’S mining giants have been blackballed from selling iron ore into the lucrative Chinese...
A concise summing up of the recent increase in iron prices and the growth of ore sales by BHP Billiton and Rio Tinto to China can be found in tomorrow’s Sydney Morning Herald: But when it comes to relations with customers...
China muscles in on a big deal of in aluminium, uranium and coking coal, from the Economist: EVERYTHING to do with mining is impressively vast. It is an industry that makes huge holes in the ground and relies on trucks with...
Big news in the multinational mining world: the Aluminum Corporation of China has partnered with Pittsburgh-based Alcoa (a huge aluminum producer) to buy a 12 percent stake in Rio Tinto. Rio Tinto has been around since 1873 and...
Mining giant BHP Billiton Ltd. will increase its iron ore shipments to China’s Baosteel Group Corp. by 94 million metric tons in the next decade, according to Bloomberg. China’s iron imports–necessary for steel...
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