Simandou to mine first cargo by end 2025
With annual production capacity of 120 million metric tons, the Guinea is set to be the world's largest mine for the highest grade of iron ore.
Iron ore prices were in full-scale retreat once again Friday, with the steelmaking material collapsing below the psychologically key $60 a tonne threshold, and marking the commodity third consecutive weekly fall. Ore with 62% content in Qingdao lost $2.33 a tonne...
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