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China Baowu plans to invest about $1 billion ...
baowu guinea iron ore
Wed, 31 Jan 2024 09:47:24 GMT
The world’s largest steelmaker, China Baowu Steel Group, has raised 10 billion yuan ($1.4 billion) through a bond issue, partly for the large-scale Simandou iron ore project in Guinea. Nasdaq reports this with reference to the company’s report on the Shanghai Stock Exchange. The capital raised through the issuance of three-year fixed-rate bonds with an … The post China Baowu plans to invest about $1 billion in the development of Simandou appeared first on
https://gmk.center/en/news/china-baowu-plans-to-invest-about-1-billion-in-the-development-of-simandou/


ArcelorMittal South Africa in Talks to Avoid Closing Operations
arcelormittal labour south africa
Tue, 30 Jan 2024 14:26:00 GMT
ArcelorMittal South Africa is currently engaged in discussions with the government and labor unions in a concerted effort to prevent
https://www.chemanalyst.com/NewsAndDeals/NewsDetails/arcelormittal-south-africa-in-talks-to-avoid-closing-operations-24839


Why Rio Tintos Guinea iron ore project is starting after 27 years
exploration guinea iron ore rio
Wed, 10 Jan 2024 00:00:00 GMT
Rio Tintos Simandou project in Guinea could finally be making progress after 27 years of consecutive delays. Rio Tintos Simandou iron ore project in Guinea is finally taking off after almost three decades of holding the licence, government turmoil and coups. The project is expected to include two iron ore mines, a trans-Guinean rail line and a deep water port. The mining giant, registered in the UK, had first obtained a Guinean exploration licence for the Simandou mountains back in 1997
https://www.hellenicshippingnews.com/why-rio-tintos-guinea-iron-ore-project-is-starting-after-27-years/


FG and Chinese Firm Collaborate to Breathe New Life into Nigeria's ...
nigeria steel
Fri, 05 Jan 2024 15:18:00 GMT
The Federal Government of Nigeria has embarked on discussions with Luan Steel Holding Group, a Chinese firm, to initiate the construction of a new steel plant in Nigeria. Additionally, the plan
https://www.chemanalyst.com/NewsAndDeals/NewsDetails/fg-and-chinese-firm-collaborate-to-breathe-new-life-into-nigeria-steel-industry-24324


Revitalization Of Steel Industry In Nigeria, Core Of Renewed ...
nigeria steel
Mon, 01 Jan 2024 00:00:00 GMT
The Minister of Steel Development, Prince Shuaibu Audu has identified the revitalization of the steel industry in Nigeria as being at the core
https://sciencenigeria.com/revitalization-of-steel-industry-in-nigeria-core-of-renewed-hope-agenda/


Africa: A Wealth Of Opportunities
africa ghg
Fri, 22 Dec 2023 00:00:00 GMT
Africa: A Wealth Of Opportunities Friday, 22 December 2023 14:00 Benedikt Sobotka, Eurasian Resources Group, considers the challenges and opportunities for the African mining industry amidst the global green energy
https://www.globalminingreview.com/mining/22122023/africa-a-wealth-of-opportunities/


Rio Tinto: Settlement with Securities and Exchange Commission
coal mozambique rio
Wed, 22 Nov 2023 00:00:00 GMT
LONDON--(BUSINESS WIRE)-- Rio Tinto has reached a court approved settlement with the Securities and Exchange Commission (SEC) of a suit brought in 2017 concerning disclosure of the impairment of Rio Tinto Coal Mozambique (RTCM) reflected in Rio Tintos 2012 year-end accounts. Without admitting to or denying the SECs allegations related to its books, records and reporting requirements, Rio
https://www.riotinto.com/en/news/releases/2023/rio-tinto-settlement-with-securities-and-exchange-commission


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