Japan's Nippon Steel & Sumitomo Metal Corp may consider investing in iron ore or coking coal mines from its nearly $1 billion warchest for overseas investments but won't bid for the U.S. plants of Russia's Severstal, an executive said.

[Ferro-Alloys.com] Indian iron ore production are expected to reach 284 million tons (MT) by 2020 with an annual growth rate of about 7.4% a year.

[Ferro-Alloys.com] Rio Tinto has struck a deal with Guinea's government to push ahead with plans to develop a $US20 billion iron ore project.

[Ferro-Alloys.com] The Herald Sun reported today that while the state of Victoria in Australia has been explored extensively for gold, there has been little deeper exploration for copper.

[Ferro-Alloys.com] The Brazilian mining giant Vale’s iron ore exports totaled 22.47 million tons in March, up by 13.75% year on year

[Ferro-Alloys.com] Fortescue Metals Group (FMG) has announced a 1.16-billion-ton of mineral resource addition to its Greater Solomon following an exploration program.

[Ferro-alloys.com] The biggest steel maker, ArcelorMittal, was considering an offer for Zimbabwe Alloys Chrome, an insolvent ferrochrome producer seeking investors. ArcelorMittal officials would visit the company in the next two weeks and carry out a due dilig...

China's Baoshan Iron & Steel Co Ltd (Baosteel) and Australia's Aurizon Holdings Ltd (AZJ.AX) launched a $1 billion bid for an Australian resources firm in a move that could break the stranglehold of giant miners Rio Tinto (RIO.AX)(RIO.L) and BHP Billiton (BHP...