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2019 - 08 - 20
Small Australian copper producer Aeris Resources Ltd on Wednesday said it had offered to buy global trader and miner Glencore’s CSA copper mine in the state of New South Wales for $575 million.Aeris said in a statement that negotiations to buy the mine in Cobar were at a late stage, with the offer comprising $525 million in cash, $50 million in Aeris shares and a royalty payable to Glencore.A spokesman for Glencore declined to comment.The Queensland-headquartered Aeris, with a market value of A$78 million ($55.19 million), said the acquisition could be funded through a combination of debt, an ...
2019 - 08 - 19
On August 16, all the members of our company started the grassland self-driving tour.Located in the Inner Mongolia autonomous region, just over 300 kilometers from Beijing,It is a part of mulan paddock in the qing dynasty. It is famous in the world because kangxi emperor commanded the qing army to fight against ggerdan. Moreover, it is famous for its charming European grassland scenery and has become a famous film and television location base at home and abroad. Here is a hilly and plains staggered areas, forests and grassland organic combination. It has both southern elegance and beautyBeauti...
2019 - 08 - 15
Chinese iron ore prices edged higher, while steel futures were little changed in early trade on Thursday as still-high inventories cooled hopes of a strong rebound in prices when demand picks up as construction activities resume next month.The most-traded iron ore contract on the Dalian Commodity Exchange, for May delivery, was up 0.8 percent at 602 yuan ($90.07) a tonne by 0240 GMT, extending the previous session’s muted gains.Spot iron ore for delivery to China SH-CCN-IRNOR62, with 62 percent iron content, was steady at $85 a tonne on Wednesday, according to SteelHome consultancy.“The weathe...
2019 - 08 - 13
BANGLADESH construction engineering exhibition BANGLADESH BUILDCON, an international building materials extravaganza, has been held at the international convention center in dhaka, capital of BANGLADESH. The exhibition aims to explore the huge building materials market in Bangladesh, providing a platform for manufacturers, traders, venture capital investors, patent transfer and all relevant parties seeking agency, distribution, cooperation, etc.Demand for steel and other building materials will remain high for years to come. Therefore, it can be predicted that the construction industry will gr...
2019 - 08 - 12
India's crude steel output fell about two per cent to 9.180 million tonne (MT) during January 2019, according to World Steel Association (worldsteel). The country had produced 9.354 MT during the same month in 2018, according to worldsteel's latest report.Global crude steel production for the 64 countries reporting to the association was 146.70 MT in January 2019, up one per cent compared to the year ago month, it said.Last month, China's crude steel production stood at 75.013 MT, higher by 4.3 per cent as against 71.887 MT output in January 2018.China is the world's largest steel producing co...
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