Page 53 - Simandou News Today

Fortescue Metals Group boss Elizabeth Gaines has hosed down concerns that the revival of Brazilian producer Vale or China backing development of the Simandou deposit in west Africa will crimp Australia’s economy-defining iron ore exports. Ms Gaines told the Australian Shareholders’ Association conference that Simandou was a very complex project and its likely development was ...

Uganda and Tanzania last week gave the go-ahead for the construction of an oil pipeline between the two countries, even as environmentalists demanded for it to be scrapped, according to a report in the Hong Kong based South China Morning Post (SCMP).

Fortescue Metals Group chief executive Elizabeth Gaines tells the Australian Shareholders’ Association that market conditions point to continued strength in iron ore prices.

Dozens of China-backed and funded projects in Africa, most of them developed as part of Beijing Belt and Road Initiative (BRI), continue to face intense backl

Uganda and Tanzania last week gave the go-ahead for the construction of an oil pipeline between the two countries, as environmentalists continued to push for it to be scrapped. State-owned China National Offshore Oil Corp, along with its partner Total, is a major investor in the project and the oilfield it serves. Green groups, including BankTrack, the Africa Institute for Energy Governance and 350Africa, have said that both the "extraction...

Read more about China-backed projects in Africa face fierce backlash from environmentalists on Business Standard. Environmentalists accuse the developers of destroying ecosystems in pursuit of commodities like oil, metal and timber

Patrix Sévère, the Minister of Agriculture, participated on May 7 to the presentation of prizes to the 5 winners of the 4th Edition of the National Quality Cocoa Competition, including 4 cooperatives and a cocoa production company...

As the China-Australia trade war moves from product to product, ranging from barley to lobsters to wine, Beijing has so far refrained from imposing any ban or barrier on Australian iron ore. As global prices soar for the ore, China’s insatiable appetite and inability to find suitable substitutes are net-net insulating Australia from Beijing’s punitive ...

Beijing [China], May 30 (ANI): Dozens of China-backed and funded projects in Africa, most of them developed as part of Beijing's Belt and Road Initiative (BRI), continue to face intense backlash from communities and environmentalists who accuse the developers of destroying ecosystems in pursuit of commodities like oil, metal and timber.

Record iron ore prices boost Australias economy, but will the China trade war end the boom? ABC Business 1 hour ago By business reporter Rachel Pupazzoni © Provided by ABC Business The iron-rich red cliffs of the Pilbara landscape can be seen by motorists driving along the Great Northern Highway. (ABC News: Rachel Pupazzoni) Driving along the Great Northern Highway through Western Australias remote Pilbara region at sunrise is a unique experience. A landscape of gold, red a...