rail transportlatest 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…