logisticslatest news & developments
Iron ore market weaker amid record freight rates, says Kumba
Kumba Iron Ore reported a tough third quarter hit by softer global demand, five-year high freight rates to China, and rail disruptions caused by a derailment on the export…
Iron ore growth rides on Transnet rail rebuild, says Kumba
Transnet has ramped up restorative maintenance on the 861km Sishen-Saldanha rail corridor, but Kumba Iron Ore warns that higher volumes and future mining growth depend on faster…
Miners warn Transnet delays are curbing output, investment
South African bulk commodity producers warn that ongoing Transnet rail and port bottlenecks are forcing mines to operate below capacity, hampering community growth and…