28
May
13:39
'Exceptional' iron ore lifts Afrimat, acquires manganese reserves
Strong iron ore prices saw Afrimat’s Bulk Commodities segment deliver an “exceptional” contribution to overall performance in the fiscal year through February 2021, the South African miner says.
The segment, comprising the Demaneng iron ore mine and Nkomati anthracite mine, contributed 42.9% to consolidated revenue of ZAR 3.7 billion ($267.6 million). Segment operating profit increased by 128.4% on-year to ZAR 734.7m. This translated into an incr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous