In the heart of the Sahara Desert lies a marvel of human resilience, the Iron Ore Train of Mauritania, one of the longest trains in the world. Stretching over 2.5 kilometers, this steel leviathan ...
MAURITANIA: The African Development Bank has approved a US$150m loan to state-owned iron ore firm Société Nationale ... illegally offering desert excursions riding on ore wagons. SNIM said its trains ...
A looming critical metal shortage could threaten the electric vehicle revolution, but one promising Canadian miner is poised to tackle the crisis head-on.
This week's final iron ore train arrived at Esperance Port, on WA's south coast, without fanfare ahead of shipment overseas. While the last trainload marks the end of an era, there are hopes Mr ...
THE African Development Bank (AfDB) has approved a $US 150m senior loan to increase logistics capacity at Société Nationale Industrielle et Minière (SNIM ...
SINGAPORE: Iron ore futures traded in a narrow range on Thursday, as investors weighed fresh initiatives by top consumer China to support its equity markets against concerns of higher US tariffs ...
SNIM, one of the Bank’s long-standing partners, plays a critical role in Mauritania’s economy. In 2023, it contributed around 9 percent of GDP, 14 percent of government revenue, and 37 percent of ...
Prospects for iron ore are bearish in 2025 as supplies are expected to be strong and demand for steel weak, analysts have said. “The outlook for iron ore prices remains soft due to the strong ...