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Botswana's sole iron ore mine halts operations as prices fall

GABORONE, May 31 (Reuters) -
I kongwe Mine, Botswana's sole iron ore mining operation, has
stopped production due to falling export prices for the mineral,
a senior company official said on Wednesday.
The mine, . | 04:50am ....

South East , Chetan Patil , Brian Benza , Nelson Banya , Mark Potter , India Yashomann Industries , Botswana Registered Vision Ridge Investments , Yashomann Industries ,

Botswana's sole iron-ore mine halts operations as prices fall

Ikongwe Mine, Botswana’s sole iron-ore mining operation, has stopped production due to falling export prices for the mineral, a senior company official said on Wednesday. The mine, owned by Botswana-registered Vision Ridge Investments, a unit of India's Yashomann Industries, began production in 2021 as prices of iron-ore, the main ingredient in steel production, soared to record highs of $240/t driven by demand in world number one steel producer China. ....

Chetan Patil , India Yashomann Industries , Ikongwe Mine , Botswana Registered Vision Ridge Investments , Yashomann Industries ,

Botswana's sole iron ore mine halts operations as prices fall

Botswana's sole iron ore mine halts operations as prices fall
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South East , Brian Benza , Mark Potter , Chetan Patil , Nelson Banya , Thomson Reuters Trust Principles , India Yashomann Industries , Botswana Registered Vision Ridge Investments , Yashomann Industries , Thomson Reuters Trust ,