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India urging firms to acquire overseas iron ore, coking coal assets

India aims to boost its overall steelmaking capacity to 300 million tons by 2030.

Reuters | April 26, 2025 | 6:27 pm

Mozambique’s coal mines shed hundreds of workers as prices slump

Coal sales, which are Mozambique’s biggest export, were worth $2 billion last year, according to data from the country’s central bank.

Bloomberg News | April 25, 2025 | 3:30 pm

Vale sees iron ore prices above $85 despite tariff turmoil

One of the world’s top iron ore producers dismissed analysts’ predictions that prices of the steelmaking material will tumble amid a tariff-fueled economic slowdown.

Bloomberg News | April 25, 2025 | 12:55 pm

Burkina Faso grants mining lease to Russia’s Nordgold

The move signals deepening economic ties between Russia and Burkina Faso, as the junta that seized power in 2022 continues its pivot away from traditional Western allies.

Reuters | April 25, 2025 | 11:06 am

Beny Steinmetz’s bribery trial to begin Monday

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India urging firms to acquire overseas iron ore, coking coal assets

Mozambique’s coal mines shed hundreds of workers as prices slump

Vale sees iron ore prices above $85 despite tariff turmoil

Burkina Faso grants mining lease to Russia’s Nordgold