08
Apr
08:43
DEV Mineração restarts ore exports from Amapa project
Brazil’s DEV Mineração has resumed iron ore sales and shipments from stockpiles at Amapa, Kallanish learns from the company.
This has become possible after UK-based Cadence Minerals (CM) vested its 27% equity interest in the Amapa Iron Ore Project on 7 February. The remaining 73% share in the joint-venture company Pedra Branca Alliance, which owns 100% of DEV Mineração, is held by Singapore-based commodities group Indo Sino.
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Very good overview of the weekly steel market.
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