Iron ore weakness to continue into 2025 and beyond, says Fitch Solutions’ BMI
Looking beyond 2024-2025, BMI analysts maintained their view that iron ore prices will likely follow a multi-year downtrend.
The largest ever electric haul truck to be deployed in the Indian mining sector has been commissioned by Larsen & Toubro, the distributor of Komatsu equipment in India. Komatsu’s Model 830E-AC trucks with a payload capacity of 218 t were ordered by the mining giant, Hindustan Zinc Ltd (HZL), a Vedanta Resources company, in Rajasthan. Read more
