Aussie dollar climbing… is the iron ore trade back on?
Simandou, one of the world’s most significant iron ore developments, is set to challenge the Pilbara’s dominance soon.
A blast at a plant of Russia’s steelmaker NLMK destroyed the roof of its coal storage facility and caused a brief fire late on Sunday, the Russian emergency ministry and the company said.
The blast at the main NLMK plant in Lipetsk, 370 km to the south from Moscow, caused a fire on a conveyor, which was put out after 15 minutes, and partially destroyed the roof, the company said.
“The incident did not affect production,” it added.
A worker was found under the rubble by a rescue team and handed over to medics, the emergency ministry said.
(By Anastasia Lyrchikova, Gleb Stolyarov and Maria Tsvetkova; Editing by Nick Macfie)
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