CHARTS: The coming critical minerals trade war is BRICS short of a load
"While a large number of countries around the world continue to talk about securing raw material supply, China is actually doing something about it."
Atlas Copco has received one of its largest orders ever in South Africa, to deliver Pit Viper 351 blasthole drilling rigs for a value of around SEK250 million to Kumba Iron Ore, a unit of Anglo American. The equipment will be supplied to the Sishen mine in Kathu, northwest South Africa. The units are scheduled to be delivered from July 2012, and the last unit should be introduced into productivity in March 2013. (more…)
