Iron ore majors ramp up supply even as China faces challenges
Iron ore is one of the year’s worst performing major commodities, slumping by almost a quarter as China’s property crisis drags on.
Australia’s largest construction company Leighton Holdings Ltd announced that its HWE Mining unit has won an AUD 344 million contract to provide mine development services at Rio Tinto Ltd’s Mesa A iron ore operation…more at SteelGuru
