- Write by:
-
Saturday, October 21, 2023 - 13:37:47
-
147 Visit
-
Print
Mining News Pro - Brazilian holding firm J&F Investimentos will invest more than $1 billion in the mining assets it bought from Vale last year, it said.
The firm, owned by the billionaire Batista family that owns the meat industry giant JBS SA, plans to boost its output in iron ore and manganese mines in Mato Grosso do Sul state in Brazil.
Since taking over the mines, J&F has managed to double its 2021 production to 4 million tons of ore.
With the investment, the goal is to reach 10 million tons by the end of next year, as well as improve logistics.
Short Link:
https://www.miningnews.ir/En/News/627558
Zimbabwe’s President Emmerson Mnangagwa has re-appointed Winston Chitando as the southern African nation’s mines ...
Anglo American Plc said it is has received an unsolicited non-binding combination proposal from BHP Group.
Australia’s Fortescue on Wednesday logged a larger-than-expected decline in third-quarter iron ore shipments, following ...
Iron ore futures prices ticked lower on Monday, weighed down by diminishing hopes of more stimulus in top consumer ...
Iron ore futures prices drifted higher on Thursday as the latest soft data from top consumer China triggered renewed ...
Vitol Group confirmed that it’s starting to rebuild a trading book for metals after a long stint out of the market, with ...
Australia’s Fortescue said on Monday it would form a joint venture with OCP Group to supply green hydrogen, ammonia and ...
Chinese coal prices are likely to keep falling until the start of the peak summer season, suppressing imports of the ...
Iron ore reversed direction after dropping to its lowest level in 10 months as optimism that the country’s economic ...
No comments have been posted yet ...