Topic: Materials Sector
China Rio Tinto
AP News
A crane drops iron ore imported from Australia at a port in Rizhao, in east China's Shandong province, Friday, March 19, 2010. Rio Mining giant Rio Tinto Ltd. and China's Chinalco have signed a deal to develop an iron ore reserve in the West African country of Guinea ...
2-week port strike in Finland ends
AP News
Crippling 2-week port strike in Finland ends after mediationA port strike that shut down most of Finland's foreign trade has ended, National Conciliator Esa Lonka said Friday. "It's over," Lonka said. "Dock workers will go back to work as soon as possible." Stevedores began the strike on March ...
Rio Tinto, Chinalco agree to develop Guinea iron ore field
AFP Asian Edition
Anglo-Australian mining giant Rio Tinto and China's state-owned Chinalco have signed a non-binding agreement to jointly develop Guinea's massive Simandou iron ore project, Rio said on Friday. Chinalco will pay 1.35 billion US dollars for an initial 47 percent stake in the project, which is pushing forward ...
Crash of 2 freight trains kills 1 near Pittsburgh
AP News
2 freight trains crash near Pittsburgh; 1 dead, some diesel fuel leaked into creekTwo freight trains owned by a U.S. Steel subsidiary crashed near a Pittsburgh-area plant early Tuesday, killing one person and causing cars on one train to derail. The cause of the crash at the company's ...
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