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China's iron giant take aim at world's top miners
Bloomberg Television· 2025-11-04 03:00
Samandu. This is Africa's biggest ever mining project built on the world's largest untapped deposit of iron ore. And this is the story of how it went from being an ambitious dream to the cusp of reality.Iron ore is the raw material used to make steel with a global market worth about $300 billion a year. And yet the deposits at Samandu, which Riotinto started exploring almost three decades ago, remained trapped under the mountains. Its extreme remoteness, military coups, and corruption scandals paralyzed the ...
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Bloomberg· 2025-07-31 21:18
Australia’s iron ore machine is slowing. Prices are falling, mines are aging, and there’s no clear back-up plan. Read @kathgemm and @PaulAlainHunt's deep dive into the Pilbara's fading glory days. https://t.co/4yfvO635m5 ...