Posts Tagged :

Iron

Why Does Iron Ore’s Price Drop?

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In last September-October, iron ore’s price is dropping about 20%. Even though the price reached the peak in February : USD 90 per ton. The price is increasing in February, June, and August according to report, but soon falling down. What is the reason? It is because of China’s iron ore demand. Government of China planned…

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Indonesia Mining Map

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Indonesia is on the west side of the “Pacific Ring of Fire”, characterized by high volcanic activity.  At one point, Magma from the Pacific Ring of Fire is thought to contain a variety of precious metals, especially gold and copper. As part of the Pacific Ring of Volcano, Indonesia also potentially has natural resources in…

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