TITLE

Steel's the Deal

AUTHOR(S)
Treadgold, Tim
PUB. DATE
November 2008
SOURCE
Forbes Asia;11/10/2008, Vol. 4 Issue 19, p14
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that state-owned China Development Bank is planning to advance a $1 billion loan for the construction of a new iron ore mine in Australia. The Australians are providing access to the ore and the Chinese are providing the capital and debt to directly link a mine in one country with a steel mill in another. A similar joint venture between Anshan Iron and Steel Corp. and Gindalbie Metals to develop the Karara project near the Australian city of Geraldton is discussed.
ACCESSION #
35416638

 

Related Articles

  • Ansteel moves to take ownership of Karara iron-ore project in Western Australia.  // World Mining News;3/19/2014, p1 

    The article reports on the move of the Chinese iron ore mining company Anshan Iron and Steel Group Corp. to take majority ownership of the iron-ore project of the Karara Mining Limited (KML) in Western Australia.

  • Miners strike gold in China resources deals. Forrestal, Luke // BRW;9/13/2007, Vol. 29 Issue 36, p11 

    The article reports on the joint venture between Gindalbie Metals and Chinese steel and iron ore producer Ansteel that will include the development of Gindalbie's Karara and Mungada iron ore projects in Western Australia. According to the author, the joint venture will also make Gindalbie the...

  • ABB wins order from Australian mining consortium.  // Mining & Quarry World;Dec2009, Vol. 6 Issue 4, p53 

    The article reports that ABB Group will deliver drive systems for high pressure grinding rolls (HPGR) to Thyssen Krupp Polysius for the Greenfield Karara iron ore project in Geraldton, Western Australia. It mention that the Karara project will deliver 10 mega tons per annum of iron products,...

  • China's AnSteel to Invest in Gindalbie Iron Ore Group.  // Engineering & Mining Journal (00958948);Jul/Aug2007, Vol. 208 Issue 6, p28 

    The article reports on the merger between Gindalbie Metals Ltd. and with its partner in the Karara iron ore project, the Anshan Iron & Steel Group Corp. (AnSteel). The joint venture will make AnSteel the second largest shareholder with a 12.94% interest of Gindalbie. The funds raised will be...

  • SWOT ANALYSIS.  // Kobe Steel, Ltd. SWOT Analysis;Feb2012, p5 

    A business analysis of Kobe Steel Ltd., a Japanese steel making company, is provided, focusing on the strengths, weaknesses, opportunities and threats (SWOT) faced by the company. Strengths include strong focus on research and development. Weaknesses include concentrated operations....

  • Ansteel and Bekaert enter partnership.  // Wire Journal International;Jul2008, Vol. 41 Issue 7, p14 

    The article reports on the partnership between Anshan Iron and Steel Group Corp. and Bekaert in building steel cord plant in the Shuangqiao District in Chongqing, China. It is a strategic corporation project to meet the growing demand for advanced wire products on the Chinese market. The two...

  • Ansteel and Bekaert Open New Production.  // China Chemical Reporter;5/6/2009, Vol. 20 Issue 13, p21 

    The article announces the opening of the new production plant for steel cord products of Ansteel, the leader in the steel industry and Bekaert SA, the global market and technological leader in advanced metal transformation, in Chongqing, China. According to the article, the partnership will set...

  • Plans for New Steel Mill Spark.  // Industry Week/IW;Nov2010, Vol. 259 Issue 11, p21 

    The article reports on the controversies following the business partnership between China's state-owned Anshan Iron and Steel Group Corp. and U.S.-based Steel Development Co. LLC . Critics believe that the collaboration puts the steel industry in jeopardy and in great competitive disadvantage....

  • Lawmakers Question Anshan Investment.  // Industry Week/IW;Aug2010, Vol. 259 Issue 8, p18 

    The article focuses on the plans of Anshan Iron & Steel Group Corp., a leading steel producer in China, to invest in the U.S. steel industry. It says that the investment was questioned by the Congressional Steel Caucus members by adding their concerns that include national security risks....

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics