SDK Establishes Rare Earth Metal Subsidiary in Vietnam Oct 8, 2008
SDK is currently producing rare earth magnetic alloys at its plant in Chichibu, Japan, and at two subsidiaries in China (Baotou, Inner Mongolia and Ganzhou, Jiangxi Province), with combined production capacity of 8,000 tons a year ... Outline of Showa Denko's rare earth operationsRare earth magnetic alloy production sites and annual production capacityChichibu Plant, Showa Denko K.K. (Japan): 5,000 tonsBaotou Showa Rare Earth Hi-tech New Material Co., Ltd. (China): 1,000 tonsGanzhou Zhaori Rare... (JCN Network, Japan)
IMERYS - First-Half 2008 Consolidated Results Jul 31, 2008
(1) Baotou (China, February 2007), UCM Group PLC (UK, April 2007), Yilong (China, May 2007), ZAF (China, June 2007), Jumbo Mining (India, June 2007), Vatutinsky (Ukraine, July 2007), The Feldspar Corporation (USA, September 2007), Astron China (China, February 2008). At comparable Group structure and exchange rates, sales rose + 8. (PR Newswire)
Shanxis walled mansions May 8, 2008
Like many other Shanxi merchants, the Qiao patriarch headed north to trade and set up a soybean business in Baotou, Inner Mongolia, which became the familys business base. They subsequently increased their products to include items like tea and of course expanded into that Jinshang specialty, banking. (The Star Online, Malaysia -- News)
In Inner Mongolia, pushing architecture's outer limits May 2, 2008
At 40, he knows something about the good life he is promoting: he travels by Harley-Davidson or chauffeured Mercedes-Benz, has a mansion in Baotou as well as homes in Beijing and Shanghai, collects contemporary art and is seldom seen without a Cuban cigar. Born in Baotou, about an hour's drive from Ordos, he got his start trading cashmere and freshwater pearls to Russians for recycled steel and has since diversified into a dozen businesses, he said, including coal mining and dairy farming. (International Herald Tribune -- Arts)
Chinese to reject Rio's price bid Feb 22, 2008
The official China Daily reports that producers, including Jiangsu Shagang Group, Laiwu Steel and Baotou Steel, had already raised prices on a range of steel products in anticipation that Baoshan Iron and Steel (Baosteel) and Shougang Group would do so possibly as soon as this week. It quoted an unnamed industry source as saying Baosteel had already decided in an internal meeting on Thursday to raise its prices, and that the new price would fully cover its cost increases resulting from the... (Sydney Morning Herald -- Business)
China IPTV subscriptions miss expectations Dec 28, 2007
CCTV has announced plans for IPTV field tests in Baotou in Inner Mongolia, in Changchun in Jilin Province, and in Nanjing in Jiangsu Province. If telecommunications and broadcast companies cooperate to form an effective business model, IPTV could draw 17 million subscribers by 2011, iSuppli said. (EETimes)
Magplane Completes Registration of Inner Mongolia Joint Venture Dec 25, 2007
"An important step in formally establishing the IM joint venture is obtaining the company registration and business license to operate in China. Now that that process is complete we can move forward with our agreement to establish operations in the Baotou Rare Earth High-Tech Industrial Development Zone," said Binson Du, VP China for MTI and General Manager of the IM Joint Venture. The need for a modern, efficient, and environmentally friendly transport technology for the coal industry is... (PR Newswire)
Write-downs spur drop Dec 11, 2007
73 yuan, the most since Nov. 14, after the company said it received conditional approval for its takeover of Baotou Aluminum. Samsung Heavy Industries dropped 6. (International Herald Tribune -- Business Asia)
Asian Stocks Decline for First Time in Four Days; PetroChina Leads Drop Dec 10, 2007
24 yuan, the most since Nov. 14, after the company said it received conditional approval for its takeover of Baotou Aluminum Co. The Beijing- based company, also known as Chalco, will make an announcement when it receives the official approval document, it said in a statement to the Hong Kong stock exchange on Dec. 7. Japanese Banks Gain. (Bloomberg -- Asia)
China A-shares close sharply lower on global worries, liquidity pressure-UPDATE Nov 22, 2007
49 and Baotou Aluminium Co Ltd (SHA 600472) lost 4. 97 yuan to 45. (Forbes -- Markets)
Relatives of Baotou air crash victims file lawsuit with Beijing court Nov 22, 2007
BEIJING, Nov. 22 (Xinhua) -- Relatives of some of the 2004 Baotou air crash victims have filed a lawsuit with a court in Beijing, seeking 11 ... The victims' relatives had previously used a U.S. jurisdiction law to lodge the lawsuit with a California court in 2005, against China Eastern Airlines, carrier in the air crash that happened in Baotou, an industrial city of one million people in north China's Inner Mongolia Autonomous Region, in 2004 ... The tragedy happened on Nov. 21, 2004, when the... (Xinhuanet, China)
Coal surges despite warming concerns: Demand expected to rise through 2030 Nov 12, 2007
A Chinese coal worker unloads a truck in Baotou, nestled in the sand-sculpted ravines of Inner Mongolia recently ... In the provincial steel town of Baotou, trucks heaped high with coal rumble into Shenhua yards, dumping their loads into huge sieves for sorting into various grades of quality and size. (Missoulian, MT)
Demand for metals on the rise Nov 8, 2007
The main supplier is owned by Baotou Iron & Steel ... Shares of Inner Mongolian Baotou Steel Rare Earth High-Tech, a listed unit of Baotou Iron & Steel, have risen more than sixfold in the past year and traded at 47. (International Herald Tribune -- Business Asia)
World's coal dependency hits environment Nov 5, 2007
Chinese coal workers load coal unto trucks in Baotou, nestled in the sand-sculpted ravines of Inner Mongolia, China, Tuesday, May 8, 2007. (Elizabeth Dalziel / AP). (Albany Times Union)
Coal remains king even as climate warms Oct 30, 2007
Soot engulfsworkers loading coal onto trucks in Baotou, China ... Elizabeth Dalziel / APChinese workers load coal onto a truck in Baotou, a town in China's Inner Mongolia. (MSNBC -- Environment)
China's benchmark Shanghai Composite hits fresh record close in mixed trading Oct 11, 2007
5 percent while Inner Mongolian Baotou Steel Union Co. rose 4 ... Aluminum makers also gained, with Aluminum Corp. of China and Baotou Aluminum both rising by the 10 percent limit. (San Diego Union-Tribune -- Business)
Most Asian markets rise, with China, Hong Kong, India again at record closes Oct 10, 2007
Inner Mongolian Baotou Steel Union Co. rose 4 ... Aluminum makers also gained, with Aluminum Corp. of China and Baotou Aluminum both hitting the 10 percent upside limit to close at 53. (International Herald Tribune -- Sports)
Catholic boomChina's state-run and underground churches have a huge following Sep 24, 2007
The 25-year-old, originally from Baotou in the Chinese autonomous region of Inner Mongolia, said he knew about underground churches - some of his friends attended - but he did not go himself. "I know there are problems between underground and official churches but, as far as I'm concerned, I just believe in God. It doesn't have anything to do with me.". (BBC News -- Asia-Pacific)
Thousands of Soldiers Riot in China Sep 12, 2007
The center said about 2,000 ex-soldiers took part in the riots in the cities of Baotou, Wuhan, and Baoji, spread over a 775-mile stretch of eastern China ... Phones at the Baotou school rang unanswered, while officials who answered at the Baoji and Wuhan schools refused to comment on the reports or further identify themselves. (Time.com)
World's Tallest Man Meets One of World's Shortest Jul 14, 2007
July 13: The world's tallest man, Bao Xishun, shakes hands with He Pingping, who only measures 2 feet and 5 inches, in Baotou, China. The world's tallest man has met one of the world's smallest in China. (Fox News)
Celil's wife upset but not shocked by ruling Jul 11, 2007
"The judge... allowed the appeal to go on for only 15 minutes," Chao reported from Baotou, Inner Mongolia. "He refused to allow Celil's lawyer to present his case and basically laid out the verdict rejecting any appeal. "This essentially means that Celil will have to serve his life sentence for accusations that, according to the family, have not been proven in any of the trials or hearings. (CTV.ca)
Canadian's appeal summarily dismissed Jul 11, 2007
CTV's Steve Chao discusses the case from Baotou, China. Related Articles. (Globe and Mail)
Chalco to take over Baotou Aluminum, shares soar Jul 4, 2007
SHANGHAI Aluminum Corp. of China Ltd. (Chalco), the world's No.4 aluminium producer, agreed to buy Baotou Aluminum for about $2 billion in stock as part of an industry consolidation, sending its Hong-Kong-listed shares up 10 ... Shares in Baotou Aluminum rose their 10 percent daily limit to 29 ... Chalco said it would issue new shares to buy Baotou Aluminum. (San Diego Union-Tribune -- Business)
China's Chalco To Swallow Sister Baotou For $1.9B Jul 3, 2007
China's Chalco To Swallow Sister Baotou For $1 ... Market ScanChina's Chalco To Swallow Sister Baotou For $1 ... Shares of Aluminum Corp. of China rose sharply in Hong Kong and Shanghai after the world s third-largest alumina producer announced it had agreed to acquire its sister company Baotou Aluminum for 14. (Forbes -- Markets)
News : Asia-Pacific Business Week Jul 1, 2007
- - Henan Yuguang Gold & Lead Co., China's biggest lead and silver producer, and Baotou Aluminum Co., said their profit will be hurt by China's decision to raise export taxes or cut tax incentives on their products. - - Oil & Natural Gas Corp., India's biggest explorer, said fiscal fourth-quarter profit fell 13 percent after increasing payments to state-run refiners to share the cost of subsidizing fuel prices. (FinFacts Ireland)
Chalco, Baotou plan restructuring talks Jun 14, 2007
BEIJING, June 14 -- Aluminum Corp. of China Ltd. (Chalco) said on Wensday it planned to hold restructuring talks with Shanghai-listed Baotou Aluminum, amid speculation it will take the company private ... Trading in Chalco's shares was suspended in Shanghai on Wensday amid speculation that its parent's assets in Baotou Aluminum would be transferred to the listed firm ... Baotou Aluminum was also suspended from trading. (Xinhuanet, China)
Trading pause hints at China aluminum deal Jun 13, 2007
Aluminum Corp. of China, or Chalco, may acquire the assets of Baotou Aluminum, according to Chen Yue, an analyst at Guotai Junan Securities in Shenzhen. Baotou shares were also suspended ... "The suspension is probably linked to Chalco's acquisition of Baotou Aluminum," said Chen at Guotai. (International Herald Tribune -- Business Asia)
Chinese shares inch up again Jun 9, 2007
99 yuan and Baotou Aluminum was also up by its limit to 24. 90 yuan. (Xinhuanet, China)
Wu, Paulson Try to Cool China's Runaway Growth as Local Leaders Add Fuel May 23, 2007
One, the Baotou National Rare Earth Hi-Tech Industrial Development Zone in the Inner Mongolia region, offers companies tax-free status for five years, as well as loan guarantees and funds for research and development. All this is fueled by the individual ambitions of community leaders, said Wilson Gong, a spokesman for Zhejiang, the coastal province south of Shanghai. (Bloomberg)
DIARY - Global Environment May 16, 2007
TUESDAY, AUGUST 7 BAOTOU, China- International Conference on rare earth development and applications, hosted by various internatiional rare earth societies (to Aug. 11). SUNDAY, AUGUST 12 GLOBAL- World Water Week (to Aug. 18). (AlertNet)
Hot market may cool: experts May 11, 2007
UPDATED: 11:25, May 11, 2007. SHANGHAI: The stock market continued to rise yesterday after a two-day bull run, sending the Composite Index to a new high of 4,049. (People's Daily Online, China)
Massive Q1 profit jump for listed firms May 8, 2007
Baotou Steel reported a 120-percent increase in net profit to 198 million yuan. Companies in coal, non-ferrous, power and financial sectors also performed well. (People's Daily Online, China)
Air disasters timeline May 5, 2007
21 November: A passenger plane crashes into a frozen lake near the city of Baotou in the Inner Mongolia region of northern China, killing all 53 on board and two on the ground, officials say. 24 August: Chechen suicide bombers destroy two Russian airliners carrying a total of 90 passengers and crew on domestic flights out of Moscow. (BBC News -- Africa)
Bull run driven by banks Mar 30, 2007
Many other industrial shares also ended weak yesterday, such as Baotou Steel, which dropped 5. 11 percent to 5. (Xinhuanet, China)
Baosteel in talks to integrate mid-siz00004000ed Baotou Iron & Steel Mar 9, 2007
Baosteel in talks to integrate mid-sized Baotou Iron ... BEIJING, March 9 (Xinhua) -- Lin Donglu, board chairman of the Baotou Iron & Steel Group in north China, said Friday that the corporation is in talks with the Shanghai Baosteel Group Corp., China's largest steel producer, to be integrated into the latter ... Liang Tiecheng, director of the Regional Reform and Development Commission in north China's Inner Mongolia Autonomous Region where Baotou is located, said Baosteel had proposed to... (Xinhuanet, China)
Arcelor Mittal, Baotou JV talks collapse Mar 7, 2007
Talks for JV between Arcelor Mittal, Baotou collapse-Steel-Ind'l Goods / Svs-News By Industry-News-The Economic Times ... Talks for JV between Arcelor Mittal, Baotou collapse ... BEIJING: Steel magnate Lakshmi Mittal's demand for a 50 per cent stake in China's Baotou Iron and Steel Group has led to collapse of talks for a joint venture as Beijing will not allow foreign steel giants to take a controlling stake. (India Times)
Arcelor to buy more of China steel company Mar 7, 2007
Separately, Baotou Iron & Steel Group, another Chinese steelmaker, said Tuesday it has ended talks with Arcelor Mittal on selling a stake, according to Baotou Steel's chairman, Lin Donglu. Baotou Steel will concentrate on finding a local partner, Lin said. (International Herald Tribune -- Business Asia)
Fewer people killed in China's non-coal mining sector in 2006 Feb 24, 2007
In 2007, SAWS will place non-coal mines in Linfen City of the northern province, Baotou City of the northern Autonomous Regions and Chenzhou City of the central province under special surveillance. An earlier report from SAWS said 5,286 miners were killed in coal mine accidents between January and November last year. (People's Daily Online, China)
Dying large in China Feb 12, 2007
By Mark Magnier, Times Staff Writer February 12, 2007 Baotou, China ATOP a hill in the sprawling Donghe Cemetery, on a spot said to have good feng shui, sits a 10,000-square-foot semicircular tomb adorned with a pagoda, stone dragons and a massive upended boulder. Cemetery workers say the plot, bought by a karaoke parlor owner, cost about $110,000. (Los Angeles Times)
China Will Use Environmental Controls to Cool Economy, Central Banker Says Jan 26, 2007
Baotou Iron & Steel Group Co., China Huadian Corp. and China Guodian Group were among other companies penalized. The government found 82 projects in 22 provinces with a total investment of 112. (Bloomberg -- Asia)
* World News Quick Take Jan 25, 2007
The flood occurred Jan. 17 at the Haolaigou Iron Ore Mine near Baotou, the biggest industrial city in Inner Mongolia, when 46 miners were changing shifts. Eleven miners escaped right away and six more were rescued the next day, Xinhua said. (Taipei Times, Taiwan -- World)
Rescue work abandoned at China mine Jan 24, 2007
Rising water levels in the mine near Baotou city in the Inner Mongolia autonomous region prompted officials to abandon rescue efforts on Tuesday, state news agency Xinhua reported. Work at all mines operating in the area has been suspended until "they were proved legal and safe after a thorough examination", Xinhua said. (Aljazeera.Net)
World's longest double-tube highway tunnel opens in NW China Jan 20, 2007
The highway tunnel is part of a national highway linking Baotou, north China's Inner Mongolia, to Beihai, south China's Guangxi Zhuang Autonomous Region. Japan is currently home to the world's second longest double-tube highway tunnel, which is 10. (Xinhuanet, China)
Six rescued from flooded China mine Jan 18, 2007
The accident occurred in a mine near Baotou, a city in the Inner Mongolia autonomous region, early on Wednesday, Xinhua news agency said ... Baotou city officials said water had flooded three of the mine's vertical shafts and that rescuers were attempting to reach the trapped miners via another shaft. (ABC News Online, Australia -- World)
Miners trapped in flooded iron ore mine Jan 17, 2007
BAOTOU, Inner Mongolia, Jan. 17 (Xinhua) -- Rescuers are going all out to pump water from a flooded iron ore mine in Inner Mongolia Autonomous Region, where 36 miners are trapped. The flood occurred shortly after midnight on Wednesday at Haolaigou Iron Ore Mine in Donghe District, near the city of Baotou, when miners were changing shifts ... Local officials, including Mo Jiancheng, secretary of the Baotou City Committee of the Communist Party of China (CPC), and Hu'ercha, acting mayor of Baotou,... (Xinhuanet, China)
China Misses Energy Saving Goal, but Cracks Down Jan 11, 2007
It covered plants opened by Laiwu Iron and Steel Group, China's eighth-biggest steelmaker, and rapidly-expanding Baotou Iron and Steel Group, the twelfth. The statement also singled out steel projects clustered in the city of Tangshan, which it said accounted for one-tenth of the country's output of the metal. (Planet Ark, United States)
Baosteel plans acquisitions to fend off foreign takeovers Jan 10, 2007
It is also awaiting Chinese government approval to buy a 38 percent stake of Laiwu Steel and has held talks to buy as much as 49 percent of Baotou Iron Group ... Meanwhile, Mittal's talks to buy Baotou have not made any progress, Sridhar Krishnamoorthy, Mittal's China manager, said. (International Herald Tribune -- Business Asia)
