29
Jun
01:00
Tanzania touts China-owned iron ore, steel project
The Tanzanian government has said it expects to receive significant tax revenues for a century thanks to a plan to develop iron ore and coal mines and a steelworks in the country, according to local media. The colourful history of Chinese project owner Sichuan Hongda, and its troubled attempts to develop mines elsewhere, means its commissioning is far from certain, Kallanish notes.
The Liganga iron ore deposit has reserves of some 1.22 billion tonn…
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Anonymous
Very good overview of the weekly steel market.
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