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Tsodilo Resources Welcomed by WBCG for its Support for Namibia's Rail Infrastructure Expansion
Newsfile· 2025-07-11 14:50
Tsodilo Resources Welcomed by WBCG for its Support for Namibia's Rail Infrastructure ExpansionJuly 11, 2025 10:50 AM EDT | Source: Tsodilo Resources LimitedToronto, Ontario--(Newsfile Corp. - July 11, 2025) - Tsodilo Resources Limited (TSXV: TSD) (OTCQB: TSDRF) (FSE: TZO) is pleased to announce that:The Walvis Bay Corridor Group (WBCG) proudly welcomes the recent strong show of support from Tsodilo Resources for Namibia's ongoing railway infrastructure upgrades and expansion plans. The develop ...
X @Bloomberg
Bloomberg· 2025-07-11 01:56
Iron ore headed for a third weekly gain, potentially the best run since January, on speculation Beijing may do more to aid the struggling property sector https://t.co/VLYseIwAI7 ...
X @Bloomberg
Bloomberg· 2025-07-08 01:35
Iron ore fluctuated as Trump signaled he was open to more negotiations after he unveiled his first wave of letters threatening to impose higher tariffs https://t.co/XOsocqqhPy ...
X @Bloomberg
Bloomberg· 2025-07-04 03:18
Iron ore headed toward the highest close since May as China’s renewed focus on supply-side reform lifted expectations for the country’s steel market https://t.co/qhWIthYmLS ...
X @Bloomberg
Bloomberg· 2025-07-03 03:04
Sweden's Iron Ore railroad is a key part of the country's economic infrastructure — and a prime target for foreign sabotage https://t.co/9dgiJ6PF0P ...
X @Bloomberg
Bloomberg· 2025-06-29 14:10
Australia cut its forecast earnings from commodity exports, as a meteoric rise in gold prices fails to offset weakness in iron ore and natural gas https://t.co/Rb3RGXOAbz ...
Still Bearish On Iron Ore, But Vale Looks Too Cheap To Ignore
Seeking Alpha· 2025-06-29 09:26
Core Viewpoint - The analysis expresses skepticism towards Vale (VALE) due to its heavy reliance on iron ore, which may pose risks to its financial stability and growth potential [1]. Group 1: Company Analysis - Vale's excessive dependence on iron ore is highlighted as a significant concern, suggesting that this reliance could limit diversification and expose the company to market volatility [1]. - The analyst identifies a need for Vale to explore growth opportunities beyond iron ore to enhance its investment appeal [1]. Group 2: Investment Perspective - The analysis is framed from a value investing standpoint, focusing on identifying undervalued stocks with potential for growth, indicating that Vale may not currently fit this criterion [1].
Rio Tinto Jointly Invests $1.6B in Hope Downs 2 Project in Pilbara
ZACKS· 2025-06-25 16:56
Core Insights - Rio Tinto Group (RIO) plans to invest $1.6 billion in the Hope Downs 2 iron ore project in Western Australia's Pilbara region, with RIO's share being $800 million, highlighting its commitment to Australian iron ore and the sustainability of Pilbara's production [1][7] Project Details - The Hope Downs 2 project will develop two iron ore pits, expected to produce 31 million tons per year, significantly enhancing the joint venture's long-term production output [2][7] - The project has received all necessary state and federal government approvals, marking a significant milestone for RIO as it invests in next-generation iron ore mines in Pilbara [2] - Infrastructure development will include railway crossings, haul roads, and realigning 6km of the Great Northern Highway, with ore transported to Hope Downs 1 for processing, and production anticipated to start in 2027 [3] Employment Impact - The project is expected to create over 950 jobs during construction and support around 1,000 full-time roles once operational [4][7] Broader Investment Strategy - RIO plans to invest more than $13 billion in new mines, plants, and equipment from 2025 to 2027, including a $1.2 billion investment to modernize its Isle-Maligne hydroelectric power plant in Quebec, Canada [5] Stock Performance - Over the past year, RIO's shares have declined by 8.7%, contrasting with a 0.2% decline in the industry [6]
Century Announces Filing of March 31, 2025 Year End Financial Results, Management Discussion and Analysis and Annual Information Form
Globenewswire· 2025-06-25 12:00
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES The Joyce Lake Direct Shipping Iron Ore Project Joyce Lake, our most advanced project, is an open pit direct shipping iron ore project in Newfoundland and Labrador, close to the town of Schefferville, Québec which is serviced by a rail link directly to ocean shipping iron ore ports at Sept-Îles. The Project has completed an updated feasibility study in 2022 and is undergoing environmental assessment. Joyce Lake is held i ...
ArcelorMittal announces sale of Bosnian operations
Globenewswire· 2025-06-20 13:30
20 June 2025, 15:30 CET ArcelorMittal (“the company”) has today signed a sale and purchase agreement to sell its operations in Bosnia and Herzegovina. ArcelorMittal Zenica, an integrated steel plant, and ArcelorMittal Prijedor, an iron ore mining business which supplies the Zenica plant, will be sold to Pavgord Group. The company has made considerable investments and efforts to keep ArcelorMittal Zenica and ArcelorMittal Prijedor within the group. However, after a thorough strategic review, the company con ...