Xstrata to launch Koniambo nickel plant
Xstrata is on schedule to open its Koniambo nickel plant located in the French Pacific territory of New Caledonia for 2012.
WISCO developing in Canada and Cameroon
WISCO has signed an agreement with Canadian miner, Adriana Resources Inc. to jointly develop the LacOtelnuk iron ore program in Quebec, Canada. The mine has a total reserve of 6 billion mt of magnetic concentrate with 30% iron content.
Insteel acquires Ivy Steel & Wire assets
Insteel Wire Products Company, a wholly owned subsidiary of Insteel Industries, purchased certain assets of Ivy Steel & Wire Inc. for USD 51.1 million.
Teufelberger rope used in miners rescue
Teufelberger wire rope was used in the rescue of the 33 Chilean miners trapped in the San Jose mine in Chile.
SAIL’s iron ore mines approved
India's ministry of environment and forests gave Steel Authority of India Ltd (SAIL) environment clearance for the Greenfield iron ore mine.