The four blocks comprise two iron ore blocks, one combined reserve of iron ore and manganese, and one manganese reserve, while the date for holding the auction is yet to be decided, the official said.
Saudi Arabia is investing nearly $12 billion in steel projects to boost its production of the metal to face a large increase in domestic demand, a senior official has said.
Transnet Port Terminals (TPT) has successfully concluded the yearly ten-day maintenance shutdown of the Port Elizabeth Bulk Terminal to ensure the seamless handling of manganese for the next 12 months.