Rohstoff-Explorer: Research oder Neuvorstellung (Seite 2852)

[tommy-hl]

Rio Tinto ist bullish für Eisenerz!

Iron prices still red-hot, says Rio Tinto's Tom Albanese

RIO Tinto chief executive Tom Albanese has ramped up the pressure on the Chinese steel mills to cave in on iron ore pricing, saying the rising production costs for marginal producers is supporting record spot prices.

And he warned that rising iron ore prices may still have further to run, with supplies of Indian iron ore set to fall as the country uses more of its ore for its own steel production. In speech notes delivered at Merrill Lynch's mining and metals conference overnight in Florida, Mr Albanese said it was "much too early to call the end of the iron ore price cycle".

Rio and rival BHP Billiton are believed to be pushing for a rise of about 85 per cent in 2008-09 benchmark iron ore prices in defiance of the 65-71 per cent rise agreed to by Brazilian mining rival Vale. The two Australians are threatening to increasingly divert production into premium-priced spot markets unless they secure a higher price to reflect the attractiveness of Australian ore given the higher cost of freight into China from Brazil.

But with the Chinese still holding out and their mills able to rely, at least in the short term, on local production, there is speculation that it will be the Japanese steel mills that will cave in before the Chinese.

In Mr Albanese's slide presentation, Rio suggests that the marginal cash cost of production delivered into China is up at more than $US220 a tonne, compared with delivered spot prices in China last month of about $US177 a tonne. The slide put Rio's own costs down at less than $US50 a tonne.

"Costs have risen for all suppliers but the relative position of Rio Tinto has improved -- well positioned towards the bottom of the cost curve," he said. With BHP boss Marius Kloppers due to address the same conference, Mr Albanese kept the fight up against BHP's hostile takeover bid, expanding on Rio's volume growth projection to 2015 that it said would double the rate of BHP's growth outlook. Rio is forecasting average volume growth of 8.6 per cent a year.

Breaking down that growth, Mr Albanese is forecasting aluminium volumes to grow by 7.6 per cent on average, iron ore by 9.4 per cent, combined coal and uranium by 11.6 per cent and base metals by 8.4 per cent.

"Strong demand growth will lead to a continuation of current momentum, meaning a doubling of the current size of the markets for our three key products of iron ore, aluminium and copper between now an 2022," Mr Albanese said.
www.theaustralian.news.com.au

[tommy-hl]

Indiens CIF-Eisenerzpreis steigt um weitere 2 $/t

May 14, 2008
Indian iron ore spot prices up by USD 2

The China Chamber of Commerce of Metals, Minerals and Chemicals Importers and Exporters has announced the average reference prices for import transactions of Fe 63.5% Indian iron ore concluded last week on May 12th 2008.

Delivery ............ Price .................. Change

FOB Indian port USD140 - USD143 ...None
CIF Chinese port USD185 - USD188 ...Up by USD 2

The change is with respect to prices posted on May 6th 2008

The CCCMC reference prices are average prices for import transactions of Fe 63.5% Indian iron ore concluded the week prior to issuance date of such reference prices. The reference price practice is intended to regulate the domestic trading of Indian iron ore and avoid speculation on the raw material for China's booming steel industry.
www.steelguru.com

[tommy-hl]

Angang plant den Bau eines neuen Stahlwerks für 10 Mio. t Stahl p. a. (damit steigt der Bedarf an Eisenerz)

May 14, 2008

Angang plans 10 million tonne steel plant in Fujian
China Times has reported plans of Angang Steel's plan of building a 10 million tonne per year steel project in Fujian Province, after Baosteel and WISCO projects in Guangdong and Guangxi Provinces were approved.

As per report, the Angang’s project would be supported by Fujian Province and is expected to come near the port of Ningde city. Framework agreement of the project was r signed in June 2006 between Fujian provincial government and Angang.

The report added that Fujian authorities on May 7th announced that Ningde city is suitable for constructing the projected two phases that will have capacities of 6 million tonnes per year and 4 million tonnes per year respectively.

In fact, Angang had proposed to build a 1 million tonne per year wire rod item in Ningde in 2005, which was aborted under effect of Tieben issue. But it seems that Angang has never given up its intent of entering into the Fujian market.

Fujian Province is reportedly produced 5.884 million tonnes of steel in 2007, in contrast to estimated demand of 13 million tonnes.
www.steelguru.com

[tommy-hl]

Die Reederei Mitsui plant den Neubau von 53 (!) Eisenerz-Frachtern um der wachsenden Nachfrage gerecht zu werden ... !

HONG KONG, May 14 (Reuters) - Mitsui O.S.K. Lines Ltd, which is headquartered in Tokyo, said on Wednesday it planned to build 53 new iron ore carriers to meet rising demand.

http://uk.reuters.com/article/oilRpt/idUKHKG29606020080514

[tommy-hl]

Pig iron (Roheisen) und andere Eisenprodukte werden in Indien eine 15%ige Ausfuhrsteuer auferlegt. Damit werden pig iron & Co. teurer! (Anm: Cardero Resource will pig iron in dem Iron Sands Projekt produzieren)

The Indian government last week imposed a 15% export duty on products such as pig iron, ferrous waste of iron and steel, iron ingots, semi-finished iron or non-alloy steel products ...

http://sify.com/finance/fullstory.php?id=14672251

[tommy-hl]

ArcelorMittal und ThyssenKrupp sehen eine glänzende Zukunft mit starker Nachfrage für Stahl
(Anm. von mir: Und dafür brauchen die eine Menge an Eisenerz!)

ArcelorMittal and ThyssenKrupp see bright future for steel on strong demand

http://www.pr-inside.com/arcelormittal-and-thyssenkrupp-see-…

[tommy-hl]

Vale will das meiste Geld in den Ausbau von Eisenerz-Projekten investieren!

450 MT/Y BY 2013
$4.4 bn iron ore expansion by Vale this year on way to boost output by 50 percent by 2013

Author: Eric Onstad - Wednesday , 14 May 2008

MONTE CARLO (Reuters) -
Brazil’s Vale, the world’s largest iron ore miner, will spend $4.4 billion on expanding output this year on the way to raising it by 50 percent by 2013 – and has 26 other projects which could expand output even further if strong demand from China continues to grow.

Vale (VALE5.SA), the world's biggest iron ore producer, is due to invest $4.4 billion this year to expand its iron ore business as it aims to boost output by 50 percent by 2013, the company said on Tuesday.

The company has a string of other potential projects that could expand production even further if strong demand from China continues, Fidel Blanco, international iron ore sales director, told Metal Bulletin's Iron Ore Symposium in Monte Carlo.

"We have another 26 projects to be implemented on market demand," he said.

Brazil's Vale (RIO.N) posted a 12 percent increase in iron ore output to a record 296 million tonnes in 2007, the strongest growth rate last year among its major rivals.

Output is due to jump to 422 million tonnes by 2012 and 450 million by 2013.

This year the company plans $11 billion in capital expenditures with the biggest portion directed toward iron ore.

[tommy-hl]

GLOBAL RESOURCES STRATEGY
Rotations continue: gold vs. potash

Looking at listed stocks, global portfolio flows continue positively into potash, iron ore and coal, and increasingly away from base metals, precious metals and grains.

http://www.mineweb.com/mineweb/view/mineweb/en/page67?oid=52…

[tommy-hl]

Antwort auf Beitrag Nr.: 34.089.864 von recession am 14.05.08 12:23:35

Tamerlane Venture

Eine weitere Hürde scheint genommen zu sein:

http://www.mveirb.nt.ca/upload/project_document/1210712255_A…

[XIO]

Art, hast Du eine Meinung zu den vielen Mexico-Silberwerten.. die spriessen ja inflationär mit relativ guten Zahlen aus dem Boden.

Bin z.B. an Tumi interessiert.