The 5 largest iron mines in the Arab world dominate the regional mining industry scene. They are strategic tributaries that support industrial security and help diversify sources of income in a number of countries. Data from these mines reveals massive reserves exceeding 7 billion tons, making them a key driver of industrial growth and infrastructure …
The Australian-British mining group Rio Tinto has announced the official opening of its new Western Range mine. Western Range, a joint venture between Rio Tinto and China’s Baowu (54% and 46%, respectively), has a production capacity of 25 million tons of iron ore per year. As noted, the $2 billion project was completed on time …
Rio Tinto and Baowu officially open Western Rang mine Read More »
In April this year, Turkey’s hot rolled coil (HRC) exports amounted to 290,626 metric tons, down by 12.3% compared to March and up by 66.6% year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $173.70 million, decreasing by 7.7% compared to …
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