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.

The State Grid Corp of China, the nation's largest utility by sales, said on Tuesday it plans to seek private capital investment to establish a distributed power network and charging stations for electric vehicles. It's a step toward mixed ownership in State-m...

[Ferro-Alloys.com] Russia's Inter RAO might build the world's largest coal-fired power plant to sell electricity to China in a sign of strengthening bilateral economic and political ties.

Alderon Iron Ore Corp (TSE:ADV) jumped 7% to $1.35 after receiving final go-ahead for its Kami project from from the province of Newfoundland and Labrador.

[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.

Minera Gold (ASX:MIZ) is poised to start the next phase of exploration at the Tumi gold, copper and silver project in Peru that could add another strong to its bow.

According to the recent data published by the World Steel Association, the crude steel production by the African region declined by 2.5% during the month of April year-on-year.