Global iron ore shipments increased 3.8% Y/Y, according to BIMCO
NewsGlobal iron ore shipments rose in Q1 2024 but with Chinese steel production weaker than expected, future shipments may decline due to oversupply.
South Africa-based miner Petmin has entered into a joint venture with Hummingbird Resources and Hummingbird’s wholly owned subsidiary Iron Bird Resources, relating to Hummingbird’s Mount Ginka licence for the exploration of iron ore in Liberia.
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