ArcelorMittal South Africa (AMSA) has announced that, despite efforts to cut costs, it is to close its steel plant at Saldanha, affecting both exports out of the neighbouring port and demand for iron ore on the railway from the Northern Cape mines to Saldanha
Russia’s EFKO and VTB groups have agreed to jointly build and operate deepwater facilities at the country’s new Black Sea harbour of Taman to handle 10 Mtpa of grain and oil meal, as well as 3 Mtpa of vegetable oil exports
With Brazil poised to host the five-country BRICS (Brazil, Russia, India, China and South Africa) summit in November, the national focus will again turn to the increased investment by China in the country’s infrastructure projects.
In the latest blow to Indian conglomerate Adani’s efforts to develop the giant Carmichael coal mine in Queensland’s Galilee Basin, a draft review has recommended work be stopped until the company revises a management plan for an endangered bird.
KOTTA Container, a special container design company based in St Petersburg, generated a lot of interest at Intermodal Europe in Rotterdam last month, with a new concept for containerised bulk logistics.