Strike crimping South African mining exports set to worsen
Transnet, which operates the nation’s industrial ports and freight rail network and fuel pipelines, has declared force majeure on shipments because of the labor action.
It has partnered with German steel group SHS-Stahl-Holding-Saar and engineering group Paul Wurth for potential industrial scale low-carbon iron production in Canada.
The world's no. 1 miner rewarded investors with a record $5.1bn first-half dividend and forecasted a “very constructive” outlook for the commodities market fundamentals.