Simandou iron ore mine to have 15m tonne capacity in 2012 – Vale

Most mining firms rely on their own diesel supplies to extract iron ore, diamonds, rutile and bauxite in the resource-rich country.

The transaction is expected to close in early 2025.

The board of under-siege Mineral Resources faced grilling in Perth over a governance scandal, amid unexpected expressions of support.

Underpinning prices is some mills kicking off buying seaborne cargoes to meet their production needs over the week-long Chinese New Year holiday break in January.