Baffinland Iron Mines and German steelmaker ROGESA are strengthening their cooperation by signing a memorandum of understanding (MoU) to further investigate the use of high-grade iron ore from Nunavut, Canada, in low carbon “green” steel production. Full story.
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Whitehaven considers selling Blackwater stake
Australian miner Whitehaven Coal is reportedly looking at options to sell a 20% stake in the Blackwater mine to global steelmakers as it works to finalize a US$3.2 billion deal for the asset and fellow Bowen Basin mine, Daunia, according to Bloomberg. “Interest is very, very strong” in relation to a stake in Blackwater, CEO Paul Flynn recently told analysts.…
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