Sunday Times reports (paywall) that BHP Billiton, which is shedding its non-core operations, is looking for a buyer for its Mount Nimba iron ore project in Guinea.
In a Ted Talk, Sunni Brown profiles Malcom McLean, a bored truck driver waiting at shipping docks in New Jersey whose simple idea to speed up shipping transformed the modern global economy and changed the lives of every living person afterwards.
China plans to diversify iron ore imports and increase the ratio from independent miners to 50%, according to comments made Wang Xiaoqi, vice-chairman of the China Iron and Steel Association.