There are persistent risks to South Africa’s mining sector profitability from elevated electricity costs and possibly higher transport costs, as coal and chrome exporters switch to longer and more expensive routes due to the unrest in Mozambique that resulted...
Japanese steelmaker Nippon Steel and trading house Sojitz will acquire a 49% stake in Champion Iron’s Canadian iron ore project for $152 million. It is reported by Reuters.
BHP paused operations at two iron-ore mines in Western Australia on Saturday after heavy rains in the country's Pilbara region, a spokesperson told Reuters on Tuesday, adding operations have since resumed.
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