Caterpillar steps up game to keep leadership in North America
In the past two years, Cat has been working on growing its offering, particularly in the underground segment, as well as filling up some gaps in terms of trucks sizes.
Brazil’s Vale (NYSE:VALE), the world's number one iron ore producer, was granted Monday an environmental permit to expand the Carajás railroad (EFC), a key part of its plans to increase iron ore production in the Amazon.
Cliffs Natural Resources (NYSE:CLF), U.S.’ s largest producer of iron-ore pellets, said Monday it would delay mine expansion in Quebec as well as a portion of production at two of its operations in the U.S., as a result of weak commodity prices.