Sentence examples for ore sales from inspiring English sources
Most iron ore sales are conducted through contract sales with major steel mills in Japan and China.
"Strong volume gains, primarily from record iron ore sales and a significant increase in copper and gold production, boosted earnings," the company said in a statement.
Labrador is entitled to an annual royalty valued by analysts at $35 million to $45 million before taxes on Iron Ore sales.
"I have grave concerns about such an inquiry and the prime minister and treasurer's stated position in support of it," Shorten said on Wednesday night, suggesting an inquiry could cost Australia iron ore sales to China and Japan.
Combining the two would create a producer controlling nearly 40% of the worlds iron ore sales, surpassing the current leader, Brazil's Companhia Vale do Rio Doce.
The solution, he and other Chinese officials said, was to shift iron ore sales away from the spot market, where prices are higher, to lower-priced long-term contracts.
The sale of the potash assets should go through next month, while the iron ore sale should be completed in the second half of the year, according to the firm.
Thanks to surging revenues, driven by booming coal and iron-ore sales to China, Mr Costello is projecting a fiscal surplus of A$7.4 billion for the 2005-06 financial year.This impressive outcome, though, was overshadowed by political tensions.
Relations deteriorated further in July after China arrested four Rio Tinto employees involved in iron-ore sales on espionage charges, accusing them of stealing state secrets about ore pricing.
Stern Hu, the Chinese-born Australian who negotiated iron-ore sales to Chinese steel mills for Australia's Rio Tinto Group, was sentenced to 10 years in prison on bribery and espionage charges in 2010 after an especially bruising round of negotiations.
The Cameroon-focused iron ore company said in early December it was in talks about a strategic investment or sale of the business.
