27
Oct
10:45
Botswana’s first iron ore shipment reaches China
Botswana’s first iron ore shipment from the Ikongwe iron ore mine reached China in October. Mining company Vision Ridge Investments received an order of 50,000 tonnes/month from a Chinese state-owned steel manufacturing company, Reuters reports.
“We aim to produce 1 million tonnes of iron ore per year over an initial 10-year lifespan, with a grade of up to 65% Fe," confirms, VRI director, Chetan Patil, in a telephone interview with Kal…
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Anonymous
Very good overview of the weekly steel market.
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