Podcasts about Iron ore

Episode: 1378 The wreck of the S.S. Edmund Fitzgerald; "Only a lake!"  Today, just a lake!

Wall Street jumped as the US and China agreed to cut tariffs for 90 days. Chinese imports are cut from 145% to 30%. US imports are cut from 125% to 10%. S&P 500 up 3.26%, NASDAQ up 4.35%. Dow jumped at open at inched upward throughout the session. Closed up 1161 points, just 8 off high. Broad rally. All sectors up except Utilities. Flat. Cyclicals and Tech best performers. Amazon (+8.1%) and Tesla (+6.7%) boosted the former. Defensive sectors were the laggards as risk-on sentiment reigned. Still recorded gains. Healthcare was up despite Trump's executive action to lower drug prices. Seen as vague and difficult to enforce. Pfizer rose 3.6%, Eli Lilly up 2.9%, Moderna jumped 6.0%. Investment banks up as outlook for risk assets improved. Goldman Sachs, Morgan Stanley and Citigroup all recorded gains of over 4%. Apple up 6.3% on tariff news. Same day it announced it would use AI to help preserve iPhone battery life. Resources mixed. Some jumped on news – Aluminium, Iron Ore. Others down. Nickel down 1.4%, Lithium down 1.0%.ASX to rise. SPI futures up 97 points (+1.17%).Want to invest with Marcus Today? The Managed Strategy Portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you. If you're looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.  Why not sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.

Prospective talks between China and the US have a knock-on effect in the markets, as all eyes are on the US Federal ReserveSee omnystudio.com/listener for privacy information.

Send us a textWelcome to Podcast 216 of Safe Dividend Investing on the 12th of April of 2025. Be sure to visit the written transcript attached this podcast to find more information on each stock that was scored.  You may also want visit Podcast 210 where in that printed transcript, you will find Chapter 4 from my investment guidebooks. It explains, in easily understood language, how the IDM stock scoring system works. Using this information you can manually score any stock you encounter. The IDM stock scoring software that I provide to those who purchase my investment guide books  is derived from this chapter. The software just makes scoring stocks faster and easier.The first 190 Safe Dividend Investing podcasts answered hundreds of  questions about stocks that I had received from my podcast listeners and the readers of my other publications. Starting with Podcast 191 the the weekly podcasts have usually dealt with identifying the week's 10 dividend stocks whose recent exceptional share price growth on the New York and Toronto stock exchanges may have made them worth considering as possible portfolio acquisitions. It is also an opportunity for me to bring to the listeners attention information that I think may assist them in creating and managing their self-directed stock portfolio.At www.informus.ca for information you can learn more about my six investment guide books.IANimacd@informus.caIan Duncan MacDonaldAuthor, Artist, Commercial Risk Consultant,President of Informus Inc2 Vista Humber DriveToronto, OntarioCanada, M9P 3R7Ian Duncan MacDonaldAuthor, Artist, Commercial Risk Consultant,President of Informus Inc 2 Vista Humber Drive Toronto, Ontario Canada, M9P 3R7 Toronto Telephone - 416-245-4994 New York Telephone - 929-800-2397 imacd@informus.ca

Kia ora,Welcome to Wednesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news the Wall Street and business titans who supported the 2024 Trump campaign are starting to turn on him, one calling the current situation "a clown show".The show has gotten even more extreme overnight. The US has added another 50% to tariffs on its imports from China, taking the total to 104%.But first up today, the overnight GDT Pulse dairy auction saw SMP prices fall a bit more than expected, down -2.6% from last week's full auction. But the WMP price slipped much less than expected, down just -1.8% on the same basis. The falling currency over the past week means there is no net change in NZD. The floating exchange rate is doing its job as a stabiliser.In the US, nominal retail sales surged last week, up +7.2% from the same week a year ago as consumers rushed to stock up on goods ahead of the tariff-induced hikes. That was its fastest rise since late-2022. Some of that 'gain' will have been from early price hikes, of course.Going the other way, the NFIB Small Business Optimism Index fell sharply in March, by its most since June 2022 and to its lowest level since October 2024. This was a much larger fall than anyone saw coming. They anticipated a fall but not like this. The component 'uncertainty index' stayed at record high levels.Americans' appetite for consumer debt actually fell in February by -US$810 mln, the first drop since November. This followed a downwardly revised increase of +US$8.9 bln in January and came in well below the +US$15 bln rise expected. There were sharp and notable drops in demand for credit card debt, and car loan debt.The latest UST 3 year bond auction was well supported. But there was a notable -8.5% drop in total bids this time, the largest easing of support we have seen. It delivered a median yield of 3.70%, down from 3.85% at the prior equivalent event a month ago.In China, there is a notable fall in the price of iron ore, down -12.5% from the start of April. That has yet to show up in the cash USD price of Australian iron ore, but it will soon. For reference the price of copper is down -18% in the same eight days.In China, the 'home team' is stepping up to buy equities to prevent them crashing further. State funds were reported to be very active yesterday. Separately, China is letting its currency weaken as a counterweight to the American tariffs. The yuan (CNY) isn't moving much but trending from the target 7.2:USD, but this official set rate is moving in the same direction as the offshore yuan (CNH) and heading to 7.35:USD. It is now at a 17 year low to the USD. China said it will "fight to the end" opposing the new US tariffs.Australia's NAB business confidence index ticked lower in March 2025 from a revised negative level in February, and it is now at its lowest level since November 2024.Staying in Australia, the Westpac Melbourne Institute consumer sentiment survey is seeing fear rising after the Trump tariff actions. Sentiment is -10% lower among those surveyed after the earlier April US tariff announcements. Aussies are now less confident on prospect of interest rate cuts by the RBA.Internationally, the IAEA says that while there is enough uranium being mined to support nuclear energy demand for the next 25 years, more will be needed if the current high-growth plans for capacity expansion continue, and the world could run out by 2080.The UST 10yr yield is now at 4.25%, up +10 bps from this time yesterday. Risk premiums are still rising.The price of gold will start today at just under US$2980/oz, and up +US$14 from yesterday.Oil prices have dropped -US$1.50 from yesterday at just over US$60/bbl in the US and the international Brent price is now just under US$63.50/bbl.The Kiwi dollar is now at 55.5 USc, unchanged from yesterday at this time. Against the Aussie we are up +40 bps at 92.9 AUc and that's a ten month high. Against the euro we up +10 bps from yesterday at just on 50.8 euro cents. That all means our TWI-5 starts today now just on 65.6 and up +10 bps from yesterday.The bitcoin price starts today at US$77,213 and falling, and down another -2.1% from this time yesterday. Volatility over the past 24 hours has been moderate at +/- 2.6%.Join us at 2pm later today for the Official Cash Rate review, the first by newly appointed interim Governor Christian Hawkesby. A -25 bps cut to 3.50% is widely anticipated, but given the global turmoil, most of the focus will be on how they see those pressures playing out in New Zealand and how they will respond to them.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

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Amy MacIver is joined by Donald MacKay, CEO of XA Global Trade Advisors, for a sharp and insightful look at the high-stakes decisions surrounding South Africa’s largest-ever review of steel tariffs. They discuss the potential fallout for thousands of importers, the risks of introducing import controls and preferential pricing, and whether mini-mills can fill the gap left by ArcelorMittal’s mill closures.See omnystudio.com/listener for privacy information.

Coffee with Samso Episode 203 may well be one of the best ASX small-cap resource business in 2025, that is largely unknown to the general investing community. The Cyclone Metals Limited (ASX:CLE) is about the pedigree of the Iron Bear magnetite project. In Australia, the general ASX punter thinks of iron ore as haematite are greater than 62% Fe, but there is a new sheriff in town and he is called Magnetite. Where can you find a mineral resource business that is owned by a small cap junior with a market capitalisation of less than AUD $50M that has funding all the way through to mining and processing the high-grade iron pellets. Just remember that Cyclone Metals was a AUD $10M market cap company when it started the journey. The transitioning from haematite to magnetite in the iron ore industry is happening and it is largely driven by the depleting of high-grade haematite iron ore. - Paul Berend In this episode of Coffee with Samso we are talking to Paul Berend, Executive Director and CEO of Cyclone Metals Limited (ASX:CLE). Cyclone is a fascinating story of a junior aspiring to be a producer with a major, VALE, partnering with funding. A space in which most juniors would be struggling to find funding, CLE has a big brother taking care of all the bills. The Business of Cyclone Metals Limited. The steel producing industry is transitioning to low emission and the process of Direct Reduction (DR) steel production is the solution to a global reduction in emission for the typically high carbon emission business. . Direct Reduction steel production requires iron pellets that are very low in impurities and this is directly controlled by the quality of the source material. As Paul Berend explains, ....not all magnetite deposits are suitable for Direct Reduction Pellets which is why the Iron Bear deposit is perfectly aligned to allow this process to be achieved. Recent work by Cyclone Metals Limited has shown that the use of Direct Reduction on iron ore from Iron Bear can create iron pellets above 71% Fe content. According to Paul Berend, this is a very unique feature of the ore body. A feature that is not seen in many other iron ore resources and that includes those at Champion Iron. One statement that Paul proudly points out in the Coffee with Samso, and that is, The quality and the size of the Iron Bear Deposit moved the needled for VALE to take a position with Cyclone Metals. This is a great conversation with Paul Berend as he explains the story of Cyclone Metals clearly and in great details. Chapters: 00:00 Start. 00:08 Introduction. 04:10 Who is Paul Berend? 05:24 The Magnetite Story - Why Have We Not Embraced it Yet? 08:44 Transition of Value from Haematite to Magnetite. 09:41 Carbon Footprint of Magnetite. 10:07 Rise of Magnetite Projects? 10:33 Depletion of Brazilian High-Grade Iron Ores -The Reason why VALE is in CLE. 10:51 Importance of Direct Reduction (DR) Steel Production. 11:57 Only Way to Make Direct Reduction Steel - Premium of DR Pellets. 13:05 DR Pellet Market Comparison. 13:48 How Do You Make Direct Reduction Pellets. 15:14 Reason Why DR Pellet Production is Rare. 15:47 Comparison of Low Impurity Iron Deposits. 16:30 DR Player requires an ABILLITY To Reduce Impurities. 18:01 How much of the Current Resource will transition to Reserve Status. 19:08 Iron bear is a Low Stripping Ration deposit. 19:30 Metallurgy Will Increase the Economics of Iron Bear. 21:30 What is the main Business of Cyclone Metals ? Is it DR Production? 22:26 Is Iron Bear DR Capabilities why Vale is interested? 23:18 Iron Bear can supply high-grade iron ore all the way to DR levels. 25:07 How Did the Agreement with Vale Evolve ? 26:55 How important was the 10M ? 28:30 Earning a Mandate to Operate Socially. 29:25 Importance of the First Nations Conversations. 32:12 How Important is the relationship with First Nation Groups. 33:42 The Reasons why Vale could be the Reason for Success for Iron Bear. 36:24 Potentially One Technical Challenge for Iron Bear - Dry Tailings. 37:34 The Importance of Earning a Mandate To Operate 39:07 Twitter Shareholder Questions 39:27 Will the Trump Tariffs affect the Iron bear Business? 40:48 The Vison of Iron Bear - It is a Bigger project than Champion Iron. 41:58 Reducing the Carbon Footprint of a Manufacturing Hub in Northern America. 43:25 How much is the resource expected to be built up to? 43:58 Iron Bear is a Premium Magnetite project. 45:15 What cost will the hydroelectric power cost us per kilowatt? 46:51 Green Energy Narration - Magnetite Naturally Reduces Carbon Emission. 49:48 Discussion on iron ore prices. 54:23 Why is CLE still at 50M? 55:21 Why is the a feeling of disbelief in the Cyclone story? 58:02 The misunderstanding of the Iron Ore industry. 01:00:54 Takeaway. 01:01:18 Conclusion.   About Paul Berend Paul Berend brings over 25 years of leadership experience in the iron ore and steel industries, gained across blue-chip corporations and junior mining ventures. His corporate background includes senior roles such as GM Corporate Strategy at ArcelorMittal, GM Business Development at Rio Tinto Iron Ore and Director Australasia at Hatch. Paul is a passionate mining entrepreneur and was a founder and historic CEO of Trans-Tasman Resources Ltd (a titano-magnetite project in New Zealand ASX: MKR) and has played a key role in a number of private early-stage exploration ventures. In addition to his entrepreneurial work, Paul has a successful track record in turning around distressed producing mines and steel mills in difficult jurisdiction including Australia, PNG, Europe, GCC and Africa . He is a trusted advisor for Tier one natural resource companies, supporting operational, organisational and growth strategies. In this capacity, Paul's previous employers include McKinsey& Company and Partners in Performance. Paul has an MBA from HEC (Paris, France), a MSc and DEA (~PhD) in chemical process design and chemistry from ENSIC (Nancy, France), a bachelor's in applied mathematics and algebra from Harvard University (Cambridge, USA) and is a Graduate of the Australian Institute of Company Directors. He speaks native and English and French as well as professional German. About Cyclone Metals Limited Cyclone Metals owns and operates the Iron Bear magnetite iron ore project, formerly known as the Block 103 Project. The Iron Bear Project consists of ten licenses totalling 7,275 ha on 291 graticular Mineral Claims under the applicable Labrador and Newfoundland mining regulation, located near the Provincial border of Newfoundland and Labrador (NL) and Quebec (QC), approximately 30 km northwest of the town of Schefferville, QC and 1,200 km by air northeast of Montréal, QC. The Iron Bear properties are located within 25 km of an open access heavy haul railway which is directly connected to the Sept Isles and Pointe Noire iron ore export ports. In addition, the Iron Bear has potential access to cheap renewable energy from the Menihek hydro-plant located 75km away. These two factors substantially improve the prospects for eventual economic extraction of the Iron Bear mineral resource. Notably, large scale iron ore export operations currently operate in the Labrador Trough; including IOC (Rio Tinto), Champion Iron and Tata Steel; all sharing the same rail and port infrastructure. Highlights: World Class Iron Ore Project: Mineral resource of 16.6 billion tonnes containing 29.3% total Fe and 18.2% magnetic Fe, cut-off grade 12.5% magnetic Fe. Low OPEX: Estimated OPEX of USD 35.6/t3 FOB Pointe Noire for blast furnace concentrate due to access to low-cost hydropower Strategic Tier 1 Asset: Iron ore asset with flexible development scenarios and the potential to ramp up production to over 100 Mta Mining Friendly Jurisdiction and Proximity to Infrastructure: Iron Bear located in Canada, less than 25km from an open access heavy haul railway with proximity to low cost to hydro-power High Quality Product: Production of high quality magnetite concentrate grading 71,3% Fe and 1.1% SiO2 in industrial pilot plant Fast Track Project Development: Underpinned by the supply of bulk samples of DR and BF concentrates to mill clients by Q2 2024

This is Freight Up, the place where we unpack the labyrinth that is the freight and commodity markets. I'm Jess, one of your guides on this voyage, alongside my co-host Davide. In this episode, we'll be diving headfirst into the current resurgence of the freight market with Ben Klang, while parsing through the intricacies of iron ore's recent pullback with Hao Pei. To wrap things up, Archie sheds light on the tumultuous happenings in the fuel oil market. First up, the freight market. If you've been watching, you'll know the Capesize market is on an upswing after a spell of lukewarm rates. Ben Klang spills the details on what's driving the surge and whether it's here to stay. As we transition from freight to raw materials with Hao Pei, we dissect the iron ore market, which has seen a significant dip. Hao highlights the high production levels in Australia and Brazil that have weighed on prices and draws out the influence of macroeconomic factors, such as the ongoing trade tensions. We finish up with Archie's view on the fuel oil market as we explore how recent moves in crude prices and geopolitical factors, like OPEC's supply decisions and increasing tariffs, have stirred volatility. Timestamped summary00:00 Geopolitical Tensions and Economic Shifts04:27 Cape Size Market Boosts Dry FFAs 08:52 Capesize Trading Surpasses Panamax12:25 China's Economy: Potential Market Volatility15:26 Iron Ore Market Strategy Awaited16:30 Iron Ore Market Strategy22:35 Fuel Oil Market Dynamics23:47 Subscribe for Freight UpdatesThis podcast uses the following third-party services for analysis: Podder - https://www.podderapp.com/privacy-policy

Learn about the “Women. Life. Freedom” protests against the Iranian regime and discovering solidarity in remote places.  _____________________________ Subscribe to The Maverick Show's Monday Minute Newsletter where I email you 3 short items of value to start each week that you can consume in 60 seconds (all personal recommendations like the latest travel gear I'm using, my favorite destinations, discounts for special events, etc.). Follow The Maverick Show on Instagram ____________________________________ In Part 3 of this interview, Youshita talks about traveling back to Iran after leaving as a refugee. She explains why she creates her travel content in Farsi and reflects on her last trip back to Iran (including why she can no longer return). Youshita then explains the context for the “Women. Life. Freedom” movement against the Iranian regime, and describes her participation in the protest at the 2022 World Cup in Qatar. She talks about the extent of the global media coverage that she received, and the impact of the protest. Youshita then shares stories about finding Palestine solidarity in Greenland, celebrating her birthday on the Iron Ore train in Mauritania, and gives tips on how to integrate more travel into your life if you have a full time job that is not remote. Finally, she shares her perspective on counting countries and reflects on how travel has impacted her as a person and how her view of travel has evolved over the years. FULL SHOW NOTES WITH DIRECT LINKS TO EVERYTHING DISCUSSED ARE AVAILABLE HERE.  ____________________________________ See my Top 10 Apps For Digital Nomads See my Top 10 Books For Digital Nomads See my 7 Keys For Building A Remote Business (Even in a space that's not traditionally virtual) Watch my Video Training on Stylish Minimalist Packing so you can join #TeamCarryOn  See the Travel Gear I Use and Recommend See How I Produce The Maverick Show Podcast (The equipment, services & vendors I use) ____________________________________ ENJOYING THE SHOW? Please Leave a Rating and Review. It really helps the show and I read each one personally.  You Can Buy Me a Coffee. Espressos help me produce significantly better podcast episodes! :)

Stephen Grootes speaks to Kumba CEO, Mpumi Zikalala about Kumba Iron Ore's full-year earnings, which saw revenue fall 21% and adjusted ebitda decline 38% due to lower iron ore prices, weaker sales, and a stronger rand. In other interviews, Warren Ingram, a financial advisor and Co-Founder of Galileo Capital, on whether owning a home is a smart investment or a long-term liability, particularly for those nearing retirement. See omnystudio.com/listener for privacy information.

Stephen Grootes speaks to Kumba CEO, Mpumi Zikalala, about Kumba Iron Ore's full-year earnings, which saw revenue fall 21% and adjusted EBITDA decline 38% due to lower iron ore prices, weaker sales, and a stronger rand.See omnystudio.com/listener for privacy information.

Interview with David Cataford, CEO of Champion Iron Ltd.Our previous interview: https://www.cruxinvestor.com/posts/champion-iron-tsxcia-targets-even-much-higher-grade-iron-ore-in-a-decarbonizing-steel-industry-5913Recording date: 11th February 2025Champion Iron, operating from Quebec, Canada, is advancing its position as a leading producer of premium iron ore with its flagship Bloom Lake Mine currently producing 15 million tons annually. The company is undertaking a significant strategic initiative, investing C$470 million in a new flotation plant to upgrade half of its production to 69% purity iron ore by late 2025, targeting the growing direct reduction (DR) steel market.The company has navigated recent challenges, particularly in rail transportation, which led to a stockpile of 2.7 million tons at the mine in late 2024. However, these logistical issues are being resolved with new locomotives and trained personnel, setting the stage for increased sales volumes in 2025. The ability to clear this inventory is expected to drive margin expansion without raising costs.Since 2018, Champion has invested C$1.7 billion in expanding mining operations, upgrading products, and improving transportation infrastructure. Significantly, 2026 will mark the first year without major growth capital expenditure, allowing the company to demonstrate its full earnings potential and focus on shareholder returns.Market diversification is a key strategic priority. Currently, over 50% of production goes to China, but the company is actively expanding its customer base in Europe, the Middle East, and North Africa. The new 69% purity product will facilitate this diversification while offering improved margins and reduced shipping costs to these markets.Beyond Bloom Lake, Champion is developing the Kami project in partnership with Nippon Steel (the world's fourth-largest steelmaker) and Sojitz. This partnership includes a commitment from the partners to fund the first $500 million of investment, minimizing Champion's near-term capital requirements. Over the next two years, the company will advance feasibility studies and permitting activities for Kami.The company's growth strategy aligns with the global steel industry's decarbonization trends. DR plants paired with electric arc furnaces produce significantly lower carbon emissions than traditional blast furnaces, driving increasing demand for high-purity iron ore. As steel producers worldwide face pressure to reduce carbon emissions, Champion's high-grade products position it to benefit from this structural shift in the market.With its conservative balance sheet, Champion Iron appears well-positioned to capitalize on these opportunities while maintaining financial flexibility. The combination of resolving logistical challenges, completing major capital investments, and increasing production of premium products sets the stage for potentially significant cash flow generation from 2026 onward.View Champion Iron's company profile: https://www.cruxinvestor.com/companies/champion-iron-limitedSign up for Crux Investor: https://cruxinvestor.com

Listen to today's SBS Sinhala Newsflash - ඕස්ට්‍රේලියාවේ පුවත් සිංහලෙන් දැනගන්න, SBS සිංහල Newsflash සඳහා සවන්දෙන්න

Trump's aluminum and steel tariffs could mean darker days for the mines and communities in Lab West. We reach the mayor of Wabush to take a look at the situation. (Krissy Holmes with Ron Barron)

The National Wages Council decided to raise the minimum wage for private sector workers to EGP7k a month, up from EGP6k, starting March. The Council also set the value of the bonus granted to employees at no less than 3% of their social insurance wage with a floor of EGP250 per month.Hong Kong-listed United Energy Group (UEG) inked a sale and purchase agreement to fully acquire Apex's upstream oil and gas exploration and production operations in Egypt for an undisclosed sum.A consortium of Infinity Power, Hassan Allam Utilities, and the UAE's Masdar secured a 20 sq km land plot in New Valley Governorate's Dakhla Oasis for their 900 MW solar power plant and its accompanying battery storage.South Sinai is looking to pull in EGP500-600 billion in industrial investments. Both foreign and local investors will be offered plots to encourage investment.The Investment Authority is close to issuing a comprehensive decision which includes updating the financial and accounting standards and procedures for companies evaluation, including mergers, divisions, and amending the companies' financial structures, and updating the methods of evaluating in-kind shares.The Egyptian government is close to concluding negotiations with the European Union and the European Bank for Reconstruction and Development (EBRD) to obtain financing of up to EUR200 million to launch a new power line,  to transmit electricity produced from wind energy projects in Gebel El Zeit, which will take a year to implement.ADIB (FV: EGP85.00, OW) recorded a strong 4Q24 consolidated bottom line post minority of EGP2,207 million (-1% q/q, +97% y/y), bringing FY24 bottom line post minority to EGP9,009 million (+93% y/y and 6% higher than Al Ahly Pharos estimate). Board of Directors proposed to increase the bank's paid-in capital from EGP6 billion to EGP12 billion, through the distribution of one share for each original share before the increase, deducted from FY24 net profit. The bank is currently trading at P/E25 2.4x.OCDI reported strong FY24 sales of EGP50.3 billion, up 66.2% y/y, implying 4Q24 sales of EGP10.5 billion, up 0.5% y/y and down 63.5% q/q. Sales performance in FY24 was driven by the launch of Ogami on the North Coast, which contributed sales of EGP24.5 billion. OCDI plans to open five new hotels offering a total of 550 rooms, is studying acquiring land plots of no less than 300 feddans in East and West Cairo, and is looking into expanding into education.U.S. President said that he will introduce new 25% tariffs on all steel and aluminum imports into the U.S., on top of existing metals duties.Egypt steel production increased 12.3% YoY to 9.04 million tons in 2024, while steel sales inched up 6.1% YoY to 7.0 million tons throughout the year. Egyptian cement manufacturers received export orders of 1 million tons this month, driven by the reconstruction of neighboring countries, primarily Libya, Syria, and Iraq. Libyan market captures more than 50% of the received orders. Badr City's medical city Capital Med is planning to make its EGX debut through a direct listing in 1H25. The company will then move forward with a capital increase to fund the construction of the new phase of the medical city. Al Ahly Pharos will act as the financial advisor and offering manager for the listing.The Suez Canal Economic Zone signed a contract with ETRS and Nafith International to develop a smart truck yard in West Port Said Port at an investment cost of EGP250 million.Weekly Commodities UpdateLast Price | WoW Change, % Brent, USD/bbl | 74.7 | -2.7% Diesel-HSFO Spread, USD/ton | 259.2 | -1.6% Egypt Urea, USD/ton | 447.5 | 3.2% Polyethylene, USD/ton | 940.0 | 0.0% Polypropylene, USD/ton | 957.5 | 0.0%Iron Ore 65%, USD/ton | 123.3Steel/Iron Ore Spreads, USD/ton | 375.0 | -1

The General Authority for Investment and Freezones is looking into setting up a freezone in Minya that would house textile projects from a Chinese investment alliance that is eyeing USD1.5 billion in initial investments.The Finance Ministry will launch an electronic tax system for clearing investors' receivables and debts next month.Net foreign assets of the CBE were almost flat at EGP592.469 billion (c. USD11.7 billion) by the end of December 2024.The FRA issued a decree determining the minimum capital for insurance companies. The Authority obligates insurance companies to raise the minimum issued and paid-up capital in two stages over two years to reach EGP400 million in the first stage within one year, and in the second stage to EGP600 million by the end of the second year.NTRA is set to launch WiFi calling services in Egypt today. The new service will enable mobile phone users to make high-quality voice calls over internet connections, rather than via mobile networks.ESRS general assembly approved the issuance of corporate guarantees in favor of subsidiaries, sister companies, and related companies at a maximum of USD500 million or EGP equivalent. According to local media, HELI plans to develop a project on 25 feddans in New Heliopolis, with expected investment of EGP1.8-2.0 billion. The project is expected to generate sales of EGP4.0 billion.Social Impact Capital (SIC) will soon have increased its stake from 51.2% to 88.7% in CIRA. The additional 37.5% stake will officially transfer to SIC upon the completion of the Mandatory Tender Offer.Organi Group targets establishing a USD100 million chlorine pellets factory that will mark the Middle East's first facility producing the swimming pool cleaner when it starts operations in 2025. The General Petroleum Company plans to drill 41 new oil and gas wells and repair or recomplete 39 others as part of its FY25/26 investment budget.MICH posted EGP314 million in 1H24/25 net profit, a 12% YoY growth, supported by a 14% YoY growth in revenue to EGP528 million in 1H24/25.Alamal Alsharif Plastics is expected to make its EGX debut through a direct listing in 2Q25. The listing will reportedly see the government-owned National Investment Bank divest its entire 29.5% stake in the company.Weekly Commodities Update |   | Last Price | WoW Change, % | Brent, USD/bbl | 80.8 | 1.30% | Diesel-HSFO Spread, USD/ton | 302 | 8.60% | Egypt Urea, USD/ton | 431 | 1.70% | Polyethylene, USD/ton | 940 | 0.00% | Polypropylene, USD/ton | 953 | 0.00% | Iron Ore 65%, USD/ton | 122 | 1.10% | Steel/Iron Ore Spreads, USD/ton | 370 | -1.00% | LME Copper Cash Price, USD/ton | 9,082 | 1.00% | LME Aluminum Cash Price, USD/ton | 2,674 | 4.50% | Egyptia Retail Cement, EGP/ton | 2,847 | 0.00% | Steam Coal FOB Newcastle Australia, USD/ton | 117 | 3.30% | SMP, USD/MT | 2,682 | 0.00% | Last price may vary week over week in some indices due to time difference

ASX 200 rallied 39 points to 8231 (0.5%) with a better US market giving us the lead. Banks though were once again weaker as resources continued to find buyers. All change for 25! BHP rose 1.4% on stronger iron ore prices, FMG rallied 2.9% with gold miners also better despite falling bullion prices, a broker report helping sentiment. NST up 1.9% and EVN up 1.3% with lithium stocks finding friends, MIN up 2.0% and LYC up 1.6%. Energy stocks once again better, WDS up 0.5% and coal and uranium stocks better, PDN up 3.4% and WHC up 6.6%. Banks slipped ever so slightly with the Big Bank Basket at $249.96 (-0.3%). Insurers rose and other financials mixed. PNI down 1.9% and ZIP falling 1.4%. REITs improved with GMG up 0.4% and SCG rising 1.1%. Industrials better, retail though still under pressure. JBH off 1.6% and PMV and MYR both down again. Travel stocks in demand, FLT up 0.6% and CTD up 2.2%. Tech still under a little pressure with the All-Tech Index up 0.4% with WTC off 1.3%. In corporate news, MSB raised more money at 250c, CCX jumped 14.6% on a trading update. Iron ore surged back over $100 a tonne as Chinese imports reached a record. No local economic news. In Asian Markets, Japan played some catch up after a holiday yesterday and fell over 2% with both China and HK both showing plus 1% gains.Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence. Ready to invest in yourself? Join the Marcus Today community.

Mineral Resources Ltd is an Australia-based diversified resources company. The Company operates through six segments: Mining Services, Iron Ore, Lithium, Energy, Other Commodities, and Central. Mining Services division provides full pit-to-port solutions. The Company's subsidiary, Crushing Mining Services (CSI), provides crushing, screening and processing solutions for the mining companies. The Company operated three iron ore hubs across Western Australia in the Yilgarn, Pilbara and Ashburton regions with the Yilgarn operations ceasing soon having become uneconomic. The focus is on its Onslow hub intended to produce 35mtpa or iron ore when full production is reached in 2025. The Company owns three hard rock lithium mines in Western Australia, which are Mt Marion and Bald Hill in the Goldfields region, and Wodgina in the Pilbara region. The Mt Marion lithium is located approximately 40 kilometers (km) south-west of Kalgoorlie, Western Australia. The Wodgina lithium is located 120km south of Port Hedland in the Pilbara region of Western Australia. Energy segment includes two wells in the Perth Basin but part of that operation has recently been sold to help finance Onslow Iron.Sharesight automatically tracks price, performance and dividends from 240,000+ global stocks, crypto, ETFs and funds. Add cash accounts and property to get the full picture of your portfolio – all in one place. Get 4 months free at https://www.sharesight.com/sharesforbeginnersTony Kynaston is a multi-millionaire professional investor thanks to his QAV checklist. Tony's knowledge and calm analysis takes the guesswork out of share market investing. Use the coupon code SFB for a 20% discount on QAV Club plans or SFBLIGHT for a free month of QAV Light. Here's the link to sign up: https://qavpodcast.com.au/register-3/ Disclosure: The links provided are affiliate links. I will be paid a commission if you use this link to make a purchase. You will receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself or where I have interviewed and/or met the founders and have assured myself that they're offering something of value.Shares for Beginners is a production of Finpods Pty Ltd. The advice shared on Shares for Beginners is general in nature and does not consider your individual circumstances. Shares for Beginners exists purely for educational and entertainment purposes and should not be relied upon to make an investment or financial decision. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial advice tailored towards your needs. Philip Muscatello and Finpods Pty Ltd are authorised representatives of Money Sherpa PTY LTD ABN - 321649 27708, AFSL - 451289. Hosted on Acast. See acast.com/privacy for more information.

Matt Mewburn, one of Australia's last blacksmiths, takes you inside the "iron cathedral", where blacksmithing is still very much alive.Matt didn't grow up dreaming of forging knives and sculptures over heat as hot as volcanic lava.He thought he might take over the family farm or become a scientist.But when Matt was 20 years old, his father unexpectedly died, and Matt went looking for a hobby to keep himself distracted through the grief.A spontaneous trip to the local TAFE in Sydney introduced him to the magic of metallurgy and a burning passion was forged for the creativity and simple perfection of smithing.Matt developed his skills in his apprenticeship and then overseas during his so-called Journeyman years, spending time in a seminary in the hills of Tuscany, and in Scotland and Norway. For the last decade, Matt has been the custodian of Australia's largest and most historic rail works in Sydney.This episode of Conversations discusses apprenticeships, trade school, art, death of a parent, grief, origin stories, family dynamics, life story, loss, reflection, death, how to grieve, farming, regional Australia, Eveleigh, Carriage Works, Sydney, Australian history, vocational training, iron ore, steel.

In tonight's Australian Stock Market Show, Dale, Janine and Fil dive into the potential recovery for iron ore giants.

Hear Ric's stories from Afghanistan, Burundi, Chad, Eretria, Mauritania, Papua New Guinea, Abkhazia and Transnistria.  ____________________________________ Subscribe to The Maverick Show's Monday Minute Newsletter where I email you 3 short items of value to start each week that you can consume in 60 seconds (all personal recommendations like the latest travel gear I'm using, my favorite destinations, discounts for special events, etc.). Follow The Maverick Show on Instagram ____________________________________ In Part 2 of this interview, Ric Gazarian talks about his decision to pursue the goal of traveling to all 193 U.N. recognized countries. He shares stories of watching the sport of Buzkashi in Afghanistan, getting a private performance by the Royal Drummers of Burundi, and attending the Gerewol Festival in Chad. Ric talks about two very different train experiences in Eretria and Mauritania, describes his overnight tour of the Chernobyl Exclusion Zone, and explains why one of his most unique trips was to Papua New Guinea. He then discusses the contested definition of what constitutes a country, explains what a micronation is, and shares his experiences visiting Transnistria, Abkhazia, and the Principality of Sealand. Ric then talks about his “Counting Countries” podcast and his biennial conference “The Extraordinary Travel Festival”. Finally, he talks about how he designs culturally immersive travel experiences, how his perception of travel has changed over the years, how all of this travel has impacted him, and what travel means to him today. FULL SHOW NOTES WITH DIRECT LINKS TO EVERYTHING DISCUSSED ARE AVAILABLE HERE.  ____________________________________ See my Top 10 Apps For Digital Nomads See my Top 10 Books For Digital Nomads See my 7 Keys For Building A Remote Business (Even in a space that's not traditionally virtual) Watch my Video Training on Stylish Minimalist Packing so you can join #TeamCarryOn  See the Travel Gear I Use and Recommend See How I Produce The Maverick Show Podcast (The equipment, services & vendors I use) ____________________________________ ENJOYING THE SHOW? Please Leave a Rating and Review. It really helps the show and I read each one personally.  You Can Buy Me a Coffee. Espressos help me produce significantly better podcast episodes! :)

With Chinese stimulus giving a boost to commodity prices, the miners charged again to help the ASX to another record close.See omnystudio.com/listener for privacy information.

#122 - From riding a rickshaw across Pakistan to navigating the treacherous routes of the Sahara on an iron ore train, Will Meara's adventures are nothing short of epic. This episode features the adrenaline-pumping stories of Will, an event organizer and adventure travel expert from Dublin, Ireland, whose passion for exploring unconventional destinations has led him to some of the world's most overlooked and misunderstood places. Hear firsthand accounts of his unique travels and how he balances his professional life as the chief commercial officer of an entertainment enterprise with his insatiable wanderlust.In a deeply moving segment, we explore Will's transformative journey from a childhood marked by fears and anxieties, driven by his late mother's memory, to an adulthood filled with bold exploration. Discover how he overcame the constraints of a cautious upbringing, inspired by his mother's strength and resilience, to travel extensively across over 110 countries. His experiences in socially and politically charged environments, such as refugee camps and war zones, provide profound insights into the realities that exist beyond mainstream media portrayals.We also uncover the fascinating and often misrepresented cultures of the Middle East, sharing Will's personal anecdotes of the surprising hospitality and rich traditions in countries like Pakistan, Iran, and Afghanistan. From practicing the art of taruf in Iran to experiencing the genuine warmth of locals in Pakistan and the contrasts in cultural norms, this episode is a treasure trove of cultural insights. Join us as we explore the essence of traveling off the beaten path and the resilience built through stepping out of one's comfort zone, shedding light on the universal kindness that transcends borders and stereotypes.Be sure and follow Will on Instagram @willmeara.loco and check out his group tours on his website www.readyforroad.com.  You can find me on Instagram @journeywithjakepodcast or check out my Youtube channel @journeywithjakepodcast. Visit geneticinsights.co and use the code "DISCOVER25" to enjoy a sweet 25% off your first purchase. Visit LandPirate.com to get your gear that has you, the adventurer, in mind. Use the code "Journey with Jake" to get an additional 15% off at check out.

Interview with David Cataford, CEO of Champion Iron Ltd.Our previous interview: https://www.cruxinvestor.com/posts/champion-iron-tsxcia-high-grade-iron-ore-crucial-for-green-steel-transition-4048Recording date: 6th September 2024Champion Iron Limited (TSX:CIA) is positioning itself as a key player in the high-grade iron ore market, strategically aligning with the global steel industry's shift towards decarbonization. Operating the Bloom Lake mine in Quebec, Canada, the company currently produces approximately 15 million tons of high-grade iron ore annually, with significant growth potential on the horizon.CEO David Cataford emphasizes the company's unique position: "We produce one of the highest grade iron ores in the world, roughly about 15 million tons per year, and have significant growth projects in the pipeline." This focus on premium products is particularly relevant as the steel industry increasingly adopts electric arc furnaces (EAFs) to reduce carbon emissions.Champion Iron's growth strategy is threefold:Short-term: Resolving logistics constraints to increase quarterly sales by 300,000 to 400,000 tons.Medium-term: Debottlenecking Bloom Lake to potentially increase production to 17-18 million tons annually.Long-term: Developing the Kami project, which could add 9 million tons of direct reduction (DR) grade iron ore production annually.A key initiative is the ongoing project to increase ore grade from 66% to 69%, set for completion in late 2025. Catford explains, "It doesn't seem like a big increase, but it's the game changer between selling to blast furnaces and selling to electric arc furnaces." This positions Champion Iron to capitalize on the growing demand for high-grade iron ore in EAF steelmaking.The company benefits from a strong financial position, with a net cash balance providing flexibility for growth initiatives. Management alignment is notable, with over 10% ownership by executives and directors. Other significant shareholders include the Government of Quebec (8%) and a Chicago-based fund (8%), providing a mix of strategic and institutional support.Champion Iron's focus on high-grade iron ore aligns well with ESG considerations, supporting lower-carbon steel production. The recent inclusion of high-purity iron ore on Canada's critical minerals list underscores its strategic importance and may provide access to government support and funding.Market dynamics appear favorable, with Catford noting, "Today it [high-grade iron ore] represents about 5% of the market, but as these electric furnaces get delivered, we do believe there's going to be a pretty big pull in terms of this material." The scarcity of new high-grade iron ore projects could create a supply-demand imbalance benefiting producers like Champion Iron.However, investors should be aware of potential risks, including market volatility, project execution risks, and the cyclical nature of the commodities sector. The company's ability to successfully complete its grade improvement project and develop the Kami project will be crucial in realizing its growth potential.In conclusion, Champion Iron presents an intriguing opportunity for investors seeking exposure to the high-grade iron ore market. The company's strategic focus on premium products, clear growth pipeline, and strong financial position make it well-suited to benefit from the ongoing transformation in the global steel industry. As always, investors should conduct thorough due diligence and consider their risk tolerance when evaluating this opportunity.View Champion Iron's company profile: https://www.cruxinvestor.com/companies/champion-iron-limitedSign up for Crux Investor: https://cruxinvestor.com

The ASX was slightly down today, but with national accounts out tomorrow, will a drop in the iron ore price spell disaster for the nation?See omnystudio.com/listener for privacy information.

HOUSING COLLAPSES, IRON ORE PLUMMETS, MANUFACTURING SHRINKS, CONSUMERISM NOWHERE:   1/4: Wild Ride: A short history of the opening and closing of the Chinese economy by  Anne Stevenson-Yang  (Author) https://www.amazon.com/Wild-Ride-history-opening-closing/dp/173942431X https://www.sharecafe.com.au/2024/08/19/iron-ore-prices-plummet-amid-chinas-property-crisis/ How did China grow from an impoverished country to become the second largest economy in the world in just over four decades? And how did this economic miracle come to an end, as seems the case today? To understand the story of China's rapid rise and equally rapid fall, author Anne Stevenson-Yang takes us back to the beginning, when Deng Xiaoping took over and opened its moribund economy to Western money and know-how. Stevenson-Yang, who lived and worked in China for a quarter of a century, traces each decade of China's tumultuous development, from the roaring 1980s to today's malaise. In her first-hand account, Wild Ride, Stevenson-Yang concludes that China is returning to the poverty and isolation of the Mao era. What happened to the promise of the political change that would come with the opening of the economy? And the institutional reforms of the last four decades? The author says all that change was all an illusion. Communist China, being interested only in survival, played along and the West fell for it. With the rise of Xi Jinping, that capitalist experiment is over. 'It took me years to understand that I was an unwitting player in an elaborate dramatic confection. 1936 MOSCOW

HOUSING COLLAPSES, IRON ORE PLUMMETS, MANUFACTURING SHRINKS, CONSUMERISM NOWHERE:   2/4: Wild Ride: A short history of the opening and closing of the Chinese economy by  Anne Stevenson-Yang  (Author) https://www.amazon.com/Wild-Ride-history-opening-closing/dp/173942431X https://www.sharecafe.com.au/2024/08/19/iron-ore-prices-plummet-amid-chinas-property-crisis/ How did China grow from an impoverished country to become the second largest economy in the world in just over four decades? And how did this economic miracle come to an end, as seems the case today? To understand the story of China's rapid rise and equally rapid fall, author Anne Stevenson-Yang takes us back to the beginning, when Deng Xiaoping took over and opened its moribund economy to Western money and know-how. Stevenson-Yang, who lived and worked in China for a quarter of a century, traces each decade of China's tumultuous development, from the roaring 1980s to today's malaise. In her first-hand account, Wild Ride, Stevenson-Yang concludes that China is returning to the poverty and isolation of the Mao era. What happened to the promise of the political change that would come with the opening of the economy? And the institutional reforms of the last four decades? The author says all that change was all an illusion. Communist China, being interested only in survival, played along and the West fell for it. With the rise of Xi Jinping, that capitalist experiment is over. 'It took me years to understand that I was an unwitting player in an elaborate dramatic confection. 1937

HOUSING COLLAPSES, IRON ORE PLUMMETS, MANUFACTURING SHRINKS, CONSUMERISM NOWHERE:   3/4: Wild Ride: A short history of the opening and closing of the Chinese economy by  Anne Stevenson-Yang  (Author) https://www.amazon.com/Wild-Ride-history-opening-closing/dp/173942431X https://www.sharecafe.com.au/2024/08/19/iron-ore-prices-plummet-amid-chinas-property-crisis/ How did China grow from an impoverished country to become the second largest economy in the world in just over four decades? And how did this economic miracle come to an end, as seems the case today? To understand the story of China's rapid rise and equally rapid fall, author Anne Stevenson-Yang takes us back to the beginning, when Deng Xiaoping took over and opened its moribund economy to Western money and know-how. Stevenson-Yang, who lived and worked in China for a quarter of a century, traces each decade of China's tumultuous development, from the roaring 1980s to today's malaise. In her first-hand account, Wild Ride, Stevenson-Yang concludes that China is returning to the poverty and isolation of the Mao era. What happened to the promise of the political change that would come with the opening of the economy? And the institutional reforms of the last four decades? The author says all that change was all an illusion. Communist China, being interested only in survival, played along and the West fell for it. With the rise of Xi Jinping, that capitalist experiment is over. 'It took me years to understand that I was an unwitting player in an elaborate dramatic confection. 1936

HOUSING COLLAPSES, IRON ORE PLUMMETS, MANUFACTURING SHRINKS, CONSUMERISM NOWHERE:   4/4: Wild Ride: A short history of the opening and closing of the Chinese economy by  Anne Stevenson-Yang  (Author) https://www.amazon.com/Wild-Ride-history-opening-closing/dp/173942431X https://www.sharecafe.com.au/2024/08/19/iron-ore-prices-plummet-amid-chinas-property-crisis/ How did China grow from an impoverished country to become the second largest economy in the world in just over four decades? And how did this economic miracle come to an end, as seems the case today? To understand the story of China's rapid rise and equally rapid fall, author Anne Stevenson-Yang takes us back to the beginning, when Deng Xiaoping took over and opened its moribund economy to Western money and know-how. Stevenson-Yang, who lived and worked in China for a quarter of a century, traces each decade of China's tumultuous development, from the roaring 1980s to today's malaise. In her first-hand account, Wild Ride, Stevenson-Yang concludes that China is returning to the poverty and isolation of the Mao era. What happened to the promise of the political change that would come with the opening of the economy? And the institutional reforms of the last four decades? The author says all that change was all an illusion. Communist China, being interested only in survival, played along and the West fell for it. With the rise of Xi Jinping, that capitalist experiment is over. 'It took me years to understand that I was an unwitting player in an elaborate dramatic confection. 1943

In this week's Talking Wealth podcast, Janine slashes her near-term forecast for iron ore prices, signalling a challenging road ahead for BHP's share price. The news isn't good for Australia's iron ore miners, bringing more pain for shareholders.

Australia's Real Economy Is VERY POOR Right Now! Will it get better or WORSE?    What are our TWO BIGGEST RISKS? How will it impact city by city residential and commercial property prices?    In this episode we pick apart the RBA and International Monetary Funds (IMF) Australian economic forecasts.    We discover shocking truths about Inflation vs Wages, AUD currency debasement, Iron Ore prices, Unemployment & Australian "Middle Class" collapse.    These are times like no other. You'll learn a lot.         Discussion Points: 00:00: Introduction 01:23: What's happening in capital cities across Australia 02:23: Comparing office, retail/commercial, and industrial post covid 04:02: The most dire time in the economic cycle? 08:25: A deep dive into the real GDP data   10:56: The harsh reality of iron ore prices 13:29: What does a soft landing mean for house prices? 14:59: Two biggest risks stampeding through the narrative  17:18: Conclusion  About The Host:   Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.    PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.  Resources: Watch FREE Trainings On Our Website

Stephen Groootes speaks to Mamokgethi Molopyane, mining and labour analyst, to examine the myriad issues plaguing the mining and iron ore industry. What's the outlook for its long-term viability?See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

Mpumi Zikalala, CEO at Kumba Iron Ore takes Ray White through the company's financial results. Kumba Iron Ore has reported a 24% fall in headline earnings per share as the company battles weaker commodity prices and logistics challenges.See omnystudio.com/listener for privacy information.

Andrew Forrest says a move to slash 700 jobs from Fortescue is not a sign he is pulling away from his green hydrogen ambitions. Resources analyst Tim Treadgold says the redundancy announcement comes at a challenging time for the company.

Welcome back to "Freight Up," your go-to podcast for insights into the major freight and bulk commodity markets from FIS. I'm your host, Davide, and it's time once again for the latest updates and movements in major freight and bulk commodity markets. Joining us are Hao Pei from Shanghai to discuss the iron ore market and Archie Smith, who will break down the fuel oil sector. We'll be covering everything from the recent dip in the US unemployment rate and China's inflation trends to fluctuations in iron ore and fuel oil prices. Listen for insights on market movements, coal demand, and the latest data impacting our industry. Don't forget to follow the podcast and our company page on LinkedIn, and download our FIS Live app to stay ahead with the freshest freight and commodity analysis. Let's get started!Timestamped summary00:00 Shipping rates fluctuate, handysize index remains flat.05:25 Futures prices and open interest continue to rise.08:30 Attempting to persuade market on resilient iron ore demand in China.12:15 Trump's impact on oil market, weak China imports.

Welcome back to "Freight Up," your go-to podcast for insights into the major freight and bulk commodity markets from FIS. I'm Jess, your host, joined by Davide. In today's episode, we have a jam-packed agenda covering the latest news and market movements. Ben Klang is reporting live from London with updates on dry freight, while Hao Pei, our senior analyst from Shanghai, delves into the iron ore and coking coal markets. Plus, we have a special guest, Erik Hoffman, Managing Editor of ENGINE, who will shed light on biofuels and the emerging EU regulations that are set to impact the shipping industry. Listen now for in-depth insights and expert analysis!00:00 Shipping market: C5DC index up, P5TC down. Steady fuel price increase.03:52 Index climbs driven by vessel rate increase.08:11 Iron ore index increased, outlook remains uncertain.12:44 Biofuel: alternative, popular, easy, cheap, safe, available.15:40 EU shipping firms pay for CO2 emissions.17:18 Consumer proximity and willingness to pay determine impact.21:44 Biofuels offer cheapest compliance for EU ships.23:03 Maritime fuel campaign touts benefits, efficiency.

In this episode, we chat with Chris Griffith, CEO of Base Metals at Vedanta Resources, a global powerhouse of minerals, power, and energy companies within the group where these businesses have multiple subsidiaries within a portfolio of operations and projects comprising of operations in Zinc, Lead, Silver, Copper, Iron Ore, Steel, Nickel, and Aluminium. Chris has a wealth of experience in the mining industry and previously served as the CEO of Gold Fields and also two major mining business, Anglo American Platinum and Kumba Iron Ore. Now with Vedanta, he tells us more about the company and the demerger of its business into 6 separately listed companies. He also discusses the critical minerals space in general and the geo-politics impacting on the critical minerals industry. KEY TAKEAWAYS Vedanta Resources is planning to demerge into six separately listed companies, each focusing on specific commodities, which is expected to unlock substantial value. The base metals division of Vedanta, has significant growth plans, aiming to increase zinc and copper production to over a million tons each by 2030. Geopolitics is impacting the critical minerals industry, with countries like the US, Canada, and China focusing on securing critical mineral assets and investing in African mining projects. Vedanta's mines and processing plants are strategically located in favourable mining jurisdictions like South Africa, Namibia, Zambia, India, and the Middle East to capitalise on growth opportunities. Vedanta has made significant progress in ESG initiatives, ranking among the top three globally in the Dow Jones Sustainability Index, showcasing their commitment to sustainability and responsible mining practices. BEST MOMENTS "I think the potential for Africa growth with the demand for critical minerals, and as we see the growth of the world needing growth in mining, you'll continue to see expansion of mining in Africa." "We've already seen 100% growth in the share price in this past year. I think as the demerger happens, which I think is one of the key things to watch for, I think that's all lined up to happen."  "The real jewel in the crown is the fact that KCM, the Konkola copper mines in Zambia, which has been sort of under government control for the past five years, we announced at the end of last year that we had reached agreement with government and now just needed to go through the regulatory approval process." VALUABLE RESOURCES Mail:        rob@mining-international.org LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X:              https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast  Web:        http://www.mining-international.org https://www.vedantaresources.com/ ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people's experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics. 

In this episode we chat to Marty Knauth, CEO of Zanaga Iron Ore Company (ZIOC) who are an iron ore exploration and development company with their flagship asset Zanaga Iron Ore Project which is located in the Republic of Congo. I've known Marty for more than 10 years now and has a strong reputation for building teams, turning visions into reality and generally getting things done in numerous cultures and countries. He has recently joined Zanaga Iron Ore as CEO and joins us to talk about an exciting project he is leading in the Republic of Congo, some of the challenges the project is developing solutions for, and a general discussion about leadership in the minerals sector. KEY TAKEAWAYS Marty has over 30 years of experience in the mining industry, with a strong reputation for building teams and turning visions into reality in various countries and cultures. Zanaga Iron Ore Project in the Republic of Congo has a compelling investment case, with well-understood geology, low strip ratio, and a two-stage capital profile for hematite and magnetite processes. Clear and consistent communication has been key to building trust with the government of the Republic of Congo and other stakeholders, demonstrating the importance of integrity in relationships. The mining industry faces a major challenge in attracting and retaining skilled individuals with the right attitude and aptitude for the work, highlighting the need for better promotion of the industry's value. Zanaga Iron Ore is focused on partnerships and front-end engineering and design phase in the next 15-18 months, aiming for a construction decision in mid-2026 and commissioning in the first half of 2030 for the phase one hematite process. BEST MOMENTS "We need to work harder. We need to train harder. We need to communicate harder around that mining, materials management, bulk materials handling through quality products that we all, all of our raw feed goes into actually does make a difference to the planet."  "The key challenge is reminding people who Zanaga are, what we're about, and the scope and the scale of this project." "Obviously, what you've been talking about is branding of our industry. And I suppose and I hear often that we're not good promoters of our own industry." VALUABLE RESOURCES Mail:        rob@mining-international.org LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X:              https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast  Web:        http://www.mining-international.org https://www.zanagairon.com/ https://www.linkedin.com/company/zanaga-iron-ore-company-ltd/about/ ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people's experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics. 

In this episode, we chat to Rob Mosig, Non-Executive Technical Director for Alien Metals who are a global minerals exploration and development company that will shortly make the transition to iron ore producer. The company now holds a collection of high-quality projects within its portfolio, spearheaded by its Hancock DSO (direct shipping ore) iron ore project in which it has a 90% holding, through its 100% owned subsidiary the Iron Ore Company of Australia (IOCA). Rob is a geologist with over 30 years of experience in lateritic terrain, platinum group metals, diamonds, and precious metals and has been previously a founding CEO and MD of a few ASX-listed companies during his career. He talks about Alien Metals, its projects, exploration activities, and the strategic outlook for the company. KEY TAKEAWAYS Rob has over 30 years of experience in the mining industry, particularly in platinum group metals, diamonds, and precious metals. Alien Metals is a small junior exploration company with two significant brownfields projects in iron ore and platinum group metals, focusing on imminent development. The strategic vision for Alien Metals includes transitioning to a miner in the near term by prioritising iron ore production while also developing the Pinderi Hills project for platinum and silver mining. The key ingredients for Alien Metals to transition to a miner include building a strong team, focusing on quality projects, and managing finances carefully. The exploration industry has evolved over the years with advancements in drilling technology and geophysical methods, providing opportunities for Alien Metals to enhance their exploration activities. BEST MOMENTS "I think teamwork is one of the big ingredients that's necessary. Then I think we need projects that we believe in."  "There's been some excellent discoveries made by office interpretation. But overall, I think there has been less field time."  "I believe that iron ore will be in focus. And I believe that with regards to Pinderi Hills and its silver and platinum, my main aim now is to assist the team."  VALUABLE RESOURCES Mail:        rob@mining-international.org LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X:              https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast  Web:        http://www.mining-international.org LinkedIn: https://www.linkedin.com/in/rob-mosig/ Website: https://www.alienmetals.uk/ Email address: robertwmosig@gmail.com ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people's experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics. 

Welcome to another episode of Freight Up, your go-to source for the latest news and insights in the freight and bulk commodity markets. I'm Jess, and today, along with Davide, we'll bring you up to date on recent market movements. Our expert line-up this week includes Hao Pei, who'll shed light on the reasons behind the sharp drop in iron ore prices, Archie Smith with his analysis on the oil market post-OPEC meeting, and our old friend Rob Belcher, who'll provide insights into the steel and scrap market. Additionally, we'll cover the latest acquisition news with FIS acquiring GR8 Chartering in Athens, and update you on global inflation figures and broad market movements. Listen in for an episode packed with essential updates and expert opinions to keep you informed and ahead in the freight and commodity landscape!Useful links:FIS LiveTimestamped summary00:00 UK inflation down, Japan down, Euro up.03:46 Silver and iron ore markets see drops.09:08 Narrowing spread between high and low sulphur.12:12 German construction slows, prices remain subdued.14:37 Turkish scrap and rebar market trends summarised.16:18 Subscribe for the latest freight and commodity analysis.

BYD announced that it opened its 100th dealership in Brazil, highlighting the South American country's growing importance to the Chinese electric vehicle giant. It's a similar story across the board in tech, agriculture, and natural resources, among other sectors. Trade and investment between China and Brazil is booming and is unlikely to slow anytime soon. Tulio Cariello, director of content and research at the Brazil-China Business Council, joins Eric & Cobus from Rio de Janeiro to explain how Brazil is benefitting greatly from Beijing's souring ties with Washington. JOIN THE DISCUSSION: X: @ChinaGSProject | @stadenesque | @eric_olander  Facebook: www.facebook.com/ChinaAfricaProject YouTube: www.youtube.com/@ChinaGlobalSouth FOLLOW CAP IN FRENCH AND ARABIC: Français: www.projetafriquechine.com | @AfrikChine Arabic: عربي: www.alsin-alsharqalawsat.com | @SinSharqAwsat JOIN US ON PATREON! Become a CAP Patreon member and get all sorts of cool stuff, including our Week in Review report, an invitation to join monthly Zoom calls with Eric & Cobus, and even an awesome new CAP Podcast mug! www.patreon.com/chinaglobalsouth

Hello and welcome back to Freight Up, the number 1 commodities and freight markets podcast from FIS. We're your hosts, Jess, and Davide, and in this episode of Freight Up, we're joined by Ben Klang, who breaks down the latest trends in the dry freight market, Hao Pei provides an insightful analysis of the new Chinese stimulus package's impact on the iron ore market, Archie Smith gives us a comprehensive overview of the current state of the oil market.Whether you're a current client or someone who's thinking of working with us, this episode's packed with essential information to keep you informed on the critical movements within the trading sphere. Listen in as we explore these topics and more on Freight Up!Remember, follow "Freight Up" in your favourite podcast app, and find us on LinkedIn! And check out our app FIS Live for the latest insights. Thanks in advance for listening to this Freight and Commodity podcast by FIS!Useful links:FIS LiveTimestamps00:00 Freight rates declined while fuel prices dropped.04:43 Panamaxis and supermax index rates fluctuate downward.07:45 Short-run metals trade crowded, impacting gold, silver, copper, zinc.10:02 Crude oil price remained range-bound, supported.14:08 Subscribe and follow for future podcast updates.

Markets in Motion: Dry Freight Gains, Middle East Tensions, and Iron Ore UpdatesHello and welcome back to Freight Up, the number 1 commodities and freight markets podcast from FIS. We're your hosts, Jess, and Davide, and in this episode of Freight Up we'll dissect the latest geopolitical events impacting our sectors, from the Middle Eastern tensions and their muted effect on crude oil, to the unexpected surge in cocoa prices due to West African crop shortfalls.In this episode, Ben Klang decodes the dry freight market's roller coaster ride, while Hao Pei predicts the iron ore market's resistance to a short-term correction. Our people's broker and resident fuel oil expert Archie Smith reports to us remotely from Dubai, shining a light on the rising cracks in fuel oil prices this month.Brace yourselves for another 'deep dive' into the seas of freight and commodities. Remember, follow "Freight Up" in your favourite podcast app, and find us on LinkedIn! And check out our app FIS Live for the latest insights. Thanks in advance for listening to this Freight and Commodity podcast by FIS!Useful links:FIS LiveTimestamps00:00 Middle East tensions ease, commodities fluctuate. Fed adjusts.04:21 TC index down 7% then rebounded. Market sentiment improved.08:16 High market, steel margin drop, iron ore strategy.09:36 Steel demand may gradually increase over months.13:09 OPEC cuts impacting high sulphur crude market.

Iron Ore's Resurgence and Oil's Rally: Navigating the Current Commodity Climbs!Hello and welcome back to Freight Up, the number 1 commodities and freight markets podcast from FIS. I'm your host, Fernanda, and in this episode of Freight Up it's a mix of emotions as I'll be saying my final goodbye to you. But before you and I dock for the last time, let's chart the course for today's adventure through the world of Freight and Commodities. We'll welcome aboard Jessica Free, our very own new marketing executive, who'll share some tantalizing tidbits about the much-anticipated overhaul of our FIS Live app.As we navigate through today's choppy waters, we'll examine the downturn in freight indices and investigate the iron ore market's surprising resurgence. Plus, we'll dissect the impact of geopolitical turbulence on soaring oil prices. Our crew of Freight Uppers for this episode includes: Ben Klang, who'll talk us through bulk carrier ratesHao Pei, whose market insights keep us ahead of the curveAnd Archie Smith, the people's broker, who'll unpack the reasons behind crude oil's climb above $90... So, grab your life vest as we set sail one last time together. It's an honor to have been your captain here on Freight Up, and I'm thrilled to have you with me for one final voyage.Useful links:FIS LiveTimestamps00:00 Freight market down, indices show negative trends.04:36 Capes rates decreased, but recovered slightly.09:23 China decreases mortgage rate, boosts housing market.10:58 Iron market indicators improving, sustainable rebound expected.14:33 OPEC continues production cuts, Middle East tensions boost prices.

Dramatic Movements in Dry Freight Markets and Significant Rally in Crude OilHello and welcome back to Freight Up, the number 1 commodities and freight markets podcast from FIS. I'm your host, Davide, and in this episode of Freight Up, we're back with our usual format after the special episode on US energy last week. If you missed that, you can catch up here.We'll be discussing the latest movements in the dry freight markets, the iron ore market, and fuel oil. I'll start with a roundup of the latest commodity news, including the US durable goods orders, Russian oil shipments to North Korea, and the potential trade implications of the Baltimore bridge collapse. Then, we'll hear from our experts as Ben Klang shares insights on the dry freight market, Hao Pei discusses the iron ore market, and Archie Smith provides analysis on the significant rally in crude oil. Click play and join me for this insightful voyage through the current trends and developments in the freight and commodities industry.Useful links:FIS LiveTimestamps00:00 Freight up with Davide: Latest commodity news.04:45 Shipping rates fluctuated, ending the week lower.08:36 Iron ore market volatility rises, directionless sentiment.12:21 Brent future hits recent highs, supply tightness.14:49 Front cracks softened and April May spread narrowed.

Iron ore prices slumped more than 7 per cent overnight, extending its recent slide, so what does that mean for government revenues? Rhayna Bosch speaks with Westpac Senior Economist Justin Smirk, plus SBS Finance Editor Ricardo Gonçalves discusses the day's market moves with Scott Phillips from The Motley Fool.

Iron Ore Index Dive: Can We Expect a Quick Rebound to $116-$118? Hao Pei Reveals All!Hello and welcome back to Freight Up, the number 1 commodities and freight markets podcast from FIS. I'm your host, Fernanda and in this episode of Freight Up, I'm joined again by Davide, the newest member of the "Freight Up" team. Cape Size Surge and Iron Ore Market:The episode highlights the significant surge in Cape Size index and its impact on the FFA market. Hao Pei provided valuable insights on the iron ore market, discussing China's recent policy updates and their implications. Dry Freight Market Movements:Ben Klang discussed the movements in the dry freight market, providing detailed insights into the Cape FFA market and its impact on the wider market. He elaborates on the increasing physical activity in the Pacific and steady rates in the Atlantic region, along with the high demand for the c five iron ore route. Ben's analysis highlighted the strong volumes and trading activities in the Cape, Panamax, and Supermax vessels, offering a comprehensive overview of the dry freight market.OPEC's Extended Cuts and Fuel Oil Market:Archie Smith provides a hot take on OPEC's extended cuts and the future of Brent crude prices. He sheds light on the impact of Russia's decision to cut a further almost 500,000 barrels a day in production and exports in Q2, which surprised the market. Archie's analysis suggests that mere cuts might not be sufficient to reach the $100 per barrel mark, emphasising the potential influence of geopolitical tensions. Additionally, he discusses the volatility in low sulphur fuel oil cracks and spreads, offering valuable insights into the fuel oil market.Useful links:FIS LiveTimestamps00:00 Big conference discussing stimulus and government policies.06:25 Cape FFA market sees fluctuating rates.07:52 Week's maritime markets saw mixed performance.13:49 Monday morning saw significant swings in cracks.14:44 Oil prices fall due to lower settlements.

Mpumi Zikalala, CEO at Kumba Iron Ore on how the troubled Transnet has impacted business; and their plans to help fix logistics issues.   George Glynos, head of research at ETM Analytics on SA's unemployment rate ballooning to 32.1% in Q4 of 2023, up from 31.9%.   Warren Ingram, co-founder of Galileo Capital and a personal financial advisor, on essential tips for protecting yourself against the increasingly sophisticated fraud and scams happening currently.See omnystudio.com/listener for privacy information.