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06 Jun
18:57

Kumba increases Europe sales further, Minas-Rio ramps up

Kumba Iron Ore expects iron ore lump sales to Europe to increase further in 2017 after shipments there rose 21% on-year in 2016 to 5.1 million tonnes, according to Kumba sales and marketing manager Timo Smit. The firm’s output is made up of 65% lump ore and 35% fines. South Africa-based Kumba’s sales to Europe were flat at around 4m t/year in 2012-2015, but increased significantly last year. “It coincides with the Samarco disaster in 2015 …
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