The Africa Finance Corporation is seeking iron ore and uranium investments across Africa and hopes to announce deals within six to 12 …
iron ore
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Nigeria’s steel industry should be one of Africa’s strongest. The country sits on more than 3 billion tonnes of iron ore, including …
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KEY POINTS Kumba Iron Ore secured a one-year supply deal with China’s CMRG. The agreement runs from April 1, 2026, to March …
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AfDB approves a $150 million loan for SNIM to expand logistics, double rail capacity, and boost Mauritania’s mining sector.
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Trafigura has secured a $400 million iron ore prepayment deal with MinRes, providing the mining company with much-needed cash amid financial struggles …
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Iron ore prices have experienced a significant plunge, reaching a seven-week low as anxieties over softening steel demand in China collide with …
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The Chinese iron ore market is currently caught in a tug-of-war between short-term weakness and longer-term optimism. This week’s price movements reflect …
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The price of iron ore, a key ingredient for steelmaking, has surged by almost 40% since August 2023, despite the ongoing crisis …
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China, the world’s largest consumer of iron ore, imported a record amount of the steelmaking ingredient in 2023, according to official data. …
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Genmin achieves a major milestone with a 20-year mining permit for its Baniaka iron-ore project in Gabon, signaling growth prospects.