"Our plant uses a lot of water and chemicals but unlike other jurisdictions will not produce a single litre of liquid waste," SRC president Mike Crabtree said.

The company's saleable iron ore production stood at 1.08mn t over the three-month period, while sales edged up by 2pc against the previous year, to 1.34mn t.

Peru’s mining exports fell in the first eight months, the first accumulated year-on-year drop in 2022.

SAO PAULO - Brazilian conglomerate Cosan said on Friday it had acquired a 4.9% stake in Vale and intends to increase its bet in the mining company.

The company held guidance on FFI’s annual operating expenditure unchanged at $500 million to $600 million.

Vale added in a securities filing, however, that no decision has been reached yet on any potential transaction.

The European stainless steel scrap market is facing a near-term demand crisis and high uncertainty going into the fourth quarter...

Exports to the three major destinations — South Korea, Vietnam and Taiwan, China.