Brazil to increase presence in iron ore market
Brazil will increase its share of the seaborne iron ore market from 2011 onwards as Vale SA increases its fleet of large iron ore carriers. Caterpillar to buyout Bucyrus
Caterpillar plans to buyout Bucyrus International, a manufacturer of surface mining equipment, for USD 7.6 billion. Bradley new president and CEO
Regency Energy Partners LP has appointed Michael J. Bradley as president and chief executive officer effective 22 November 2010. Long new VP of Regency
Regency Energy Partners LP has appointed Thomas E. Long as executive vice president and chief financial officer effective 1 December 2010. West Monroe receives award
Plymouth Tube Company’s West Monroe, Louisiana Tubing Mill received the 2010 AME Manufacturing Excellence Award.
Brazilian mining giant Vale is expanding its Canadian operations to the tune of CDN$10 billion over five years.
IMV Projects has appointed Kevin O’Brien as president effective 1 January 2011.
SAFM has received their Definitive Operating License from COPAM allowing the company to begin mining at their Ponte Verde Iron Ore Project in Brazil.
ArcelorMittal has agreed to purchase Baffinland for USD 431 million in order to ensure iron ore supply and decrease dependence on Vale, Rio Tinto and BHP Billiton.
Michael C Arnold will succeed Stephen E Makarewicz as President and CEO of Ryerson effective 10 January 2011.