Global steel giant ArcelorMittal has announced that its South African unit ArcelorMittal South Africa is supplying China's Sinohydro Corporation with reinforcing steel from its Newcastle plant for a number of hydroelectric projects across ...
Tags: rebar, longs, Zambia, Africa, ArcelorMittal, steelmaking, Istanbul
A combination of new supply sources and rising costs at home could mean Australia's burgeoning LNG sector losing ground to new players, several speakers at an oil industry conference in Brisbane warned this week. On Sunday the chief ...
Tags: Australian LNG, New Supply
China Africa Cotton Mozambique Ltd. (CACM) has begun the process of setting up a cotton ginning unit at Subue, in Sofala province of the Southeast African nation of Mozambique. The new cotton ginnery, being set up at a cost of US$ 6 ...
Tags: Textile
Brazil-based mining giant Vale has reduced its coal export forecast from Mozambique by 30 percent, due to heavy rainfall affecting mining activities in Tete Province in February, according to African Press Agency. Accordingly, the company ...
Tags: Vale, Coal, Mozambique Mine
Israel-based flavor and ingredients manufacturer Frutarom Industries has acquired South African flavor company JannDeRee for approximately $5m. JannDeRee, established in 1993, develops, manufactures, and markets savory flavors and sweet ...
Tags: Frutarom, Flavor Firm Jannderee
There's a new movement to create a mechanism to certify and track coloured gemstones from their countries of origin. It began with a meeting a couple weeks ago in Hong Kong led by the United Nations Interregional Crime and Justice ...
The China Africa Cotton project for building a cotton ginning unit in Maringué district of Mozambique’s Safola province would soon be launched, District Director of the Economic Activities Department Carlos Coimbra has said. ...
Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC) has announced that it has received a mining concession for the development of its Revuboe coking coal project in Tete Province, Mozambique. According to NSSMC, the Revuboe project ...
Australian coking coal producer Beacon Hill Resources has announced that it has commissioned the Minas Moatize wash plant, with the first coal production expected in May. According to Beacon Hill Resources, the plant, which was fabricated ...
Tags: Beacon Hill, First Coal Production, Mineral
On Wednesday, Brazil's Vale lifted the force majeure on a number of its coal sales contracts in Mozambique. On February 15, 2013, Vale declared force majeure following heavy rainfall since early February in Tete, Mozambique, creating ...
Tags: coal sales, coal, Vale
The African Development Bank Group this week announced the launch of what it calls an open data platform in 20 African countries. The move comes as part of the group’s Africa Information Highway initiative, which is aimed at ...
Tags: data platform, data management, African Bank
Italy's Eni may be looking at developing further joint projects with China's National Petroleum Corp after the offshore Mozambique deal signed Thursday, Eni's CEO Paolo Scaroni said. Speaking to journalists after the presentation of Eni's ...
Tags: CNPC, Africa Projects, Chemicals
Indian state-run miner NMDC is currently not in negotiation for acquisition of coal and iron ore mines, in Brazil or in any other country, according to the Press Information Bureau of India. During a speech in the Indian parliament, Dr. D ...
Tags: Steel Industry, Steel, Raw Material
Australian miner Rio Tinto's mining operations contractor South Africa-based Eqstra Holdings has said that Rio Tinto should not have declared force majeure on coal exports from its Benga mine in Tete province, Mozambique since the flood ...
Tags: Rio Tinto, mine, Eqstra Holdings
Indian Essar group (Essar) is planning to spend about US$275 million to set up a ten million ton port in Mozambique. The port will facilitate exports from Zisco, a Zimbabwe based company Essar acquired in 2010 with 56% stake that cost ...
Tags: Essar, Mozambique, exports