The first commercial shipment of iron ore from a massive new mine in Guinea is on its way to China, marking the start of a major shift in global supply of the steelmaking material.
The first commercial shipment of iron ore from a massive new mine in Guinea is on its way to China, marking the start of a major shift in global supply of the steelmaking material.
The Winning Youth had been waiting off Morebaya for weeks. It finally set sail for China with its cargo late Tuesday.
The China Iron and Steel Association urged local ore producers to speed up key projects, as the world’s biggest consumer grapples with its dependence on imported supplies from top miners such as BHP Group.
The China Iron and Steel Association urged local ore producers to speed up key projects, as the world’s biggest consumer grapples with its dependence on imported supplies from top miners such as BHP Group.
China’s state-run iron ore buyer told the nation’s major steel producers and traders to stop purchasing a second type of ore from BHP Group, as contract talks with the world’s top miners drag on.
China’s state-run iron ore buyer told the nation’s major steel producers and traders to stop purchasing a second type of ore from BHP Group, as contract talks with the world’s top miners drag on.