It has been reported in the Mano River states in Guinea that Singapore’s Al Khaldiya Mining has signed a Memorandum of Understanding to develop the Diecké iron ore mine, with ore shipped out of a Liberian port.
The Chinese Government is to sanction the development of blocks 1 and 2 of the Simandou iron ore deposit in Guinea by stateowned Chinese companies in the Société Minière de Boké-Winning (SMBWinning) consortium
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
Brazil’s new government is looking to attract more investment in infrastructure and privatise the country’s ports as state-backed Chinese investors circle
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.
Work is under way in the state of Bahia to construct new bulk export terminals and a railway to serve iron ore mining and broader economic development in the region
ArcelorMittal has completed a feasibility study into the expansion of its Tokadeh iron ore mine near the borders of Guinea and Cote d’Ivoire, with Phase 2 now likely to go ahead
Kumba Iron Ore has tripled its profits, raising hopes that it will ramp-up volumes transported on the Sishen line and exported via the Port of Saldanha
Kawasaki Kisen Kaisha Ltd (KLine) and Namura Shipbuilding Co Ltd have received joint Approval in Principle (AIP) for the concept design of an LNG-fuelled ore carrier from DNV GL.
As China’s economic expansion continues at home and abroad, its demand for coal remains largely unabated despite efforts to pursue less environmentally damaging policies.
While India has made some progress increasing its cargo handling capacity, major public and private initiatives will see this process accelerate over the coming years.