Tag: company news
WPG commits to iron ore startup
WPG Resources has committed to the startup of the Peculiar Knob iron ore project located in South Australia. Set to begin in 2011, the development decision is conditional upon the completion of a USD 120 million funding package from Deutsche Bank in addition to USD 82 million in equity.
Phu Quy island wind power plant underway
PetroVietnam Power Corporation has begun construction on their Phy Quy wind power plant project located on Phu Quy Island in Binh Thuan. The VND 335 billion plant is scheduled for completion in February 2011.
Cross creates stainless filter
Cross Manufacturing Co., has created a stainless steel filter specifically designed for extremely corrosive environments like seawater and estuary water.
ThyssenKrupp Nirosta invests in Krefeld plant
In order to optimize and develop the company's production sites, ThyssenKrupp will transfer production at its Benrath plant in Dusseldorf to Krefeld.
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.