(Reuters) - Africa's biggest iron ore producer, Kumba Iron Ore, posted a 38 percent rise in first-half earnings driven by higher prices, sales volumes and output.
Kumba, majority owned by Anglo American, reported on Friday rosy prospects for the second half and next year, citing continued strong Chinese demand and a higher spot price, with few new mines opening up globally to meet demand.
Read more at Reuters Africa
Kumba, majority owned by Anglo American, reported on Friday rosy prospects for the second half and next year, citing continued strong Chinese demand and a higher spot price, with few new mines opening up globally to meet demand.
Read more at Reuters Africa
No comments:
Post a Comment