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Mining News

 

Global Seaborne Iron Ore Trade will be Rocked by Guinea's Simandou Mine

Feb 25, 2025

The term gamechanger is often over used enough to be rendered meaningless, but the huge Simandou mine in the West African country of Guinea is going to be just that as its start up is set to rock the seaborne iron ore market.The first cargoes from the project may arrive by the end of this year and it's expected that it will ramp up to its full capacity of 120 million metric tons per annum fairly quickly…

Guinea Bauxite Sockpile Nears 2 Million Tons as Export Suspension Continues

May 27, 2025

Emirates Global Aluminium's (EGA) subsidiary in Guinea has accumulated a stockpile of nearly two million metric tonnes of bauxite since the suspension of its operations last year, three sources familiar with the matter told Reuters on Tuesday…

Logistics News

BIMCO: Global Seaborne Crude Shipments Drop 16% Since Start of the Iran War

BIMCO: Global Seaborne Crude Shipments Drop 16% Since Start of the Iran War

Carga Releases Upgrade to Cargo Management Platform

Carga Releases Upgrade to Cargo Management Platform

US Clarifies Details of Hormuz Blockade

US Clarifies Details of Hormuz Blockade

Econowind Transitions into Deepsea Market with 5-Series VentoFoil

Econowind Transitions into Deepsea Market with 5-Series VentoFoil

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Australia Inc. begins to feel the fallout of the Iran war, increasing stagflation risks
Cuba's top destinations are deserted and without fuel or power due to US sanctions
Fuel costs are increasing, so airlines are reducing their prices and cutting back on their outlook.