Chinalco could invest $426 million in Suriname bauxite project
If approved by parliament, Chinalco could begin construction by the middle of next year.
The 8% one-day drop in the iron ore price in March was the result of a new dynamic in the market: panicked selling by traders using stockpiled ore as loan collateral.
Here’s a quick update to MINING.com’s three-minute slideshow on the evolution of the steelmaking raw material from a relic of the industrial age to the engine of global growth and the second biggest commodity trade after crude oil.
