Company News

Industry News

News

The South African Mining Council recommends drawing on Finland’s mineral processing model to promote value addition in the mining sector and upgrade industrial structures.

13

26-02

// Blog

The South African Mining Council recommends drawing on Finland’s mineral processing model to promote value addition in the mining sector and upgrade industrial structures.

Speaking at the third day of the 2026 Africa Mining Investment Conference held in Cape Town this Wednesday, Bongani Motsa, acting chief economist at the South African Minerals Council, stated that Finland is one of the countries South Africa could particularly draw upon for inspiration in the field of mineral beneficiation—also known as mineral value-addition processing. Motsa participated in a panel discussion alongside Shamini Harrington, Senior Executive Officer for Environment, Health, and Heritage at the South African Minerals Council, and Tebello Chabana, Senior Executive Officer for Public Affairs and Transformation. He pointed out that Finland has adopted a targeted strategy for mineral value addition, centered around its National Mineral Strategy. “Finland recognized that simply exporting raw minerals does not maximize economic and technological benefits,” Motsa said. “As a result, it has made substantial investments in downstream processing, R&D, and innovation.” Motsa emphasized that Finland’s model underscores the integration of mineral development with the EU’s Critical Raw Materials Agenda, while simultaneously building domestic industrial capacity. “This means strengthening close collaboration among mining companies, technology developers, and universities—ensuring that minerals are not only extracted but also transformed into high-value products used in batteries, clean energy systems, and high-tech manufacturing,” Motsa clarified.

Latest Developments in India’s Iron Scale Market in 2026: Prices Show Strong Momentum

12

26-02

// Blog

Latest Developments in India’s Iron Scale Market in 2026: Prices Show Strong Momentum

According to reports on February 11, 2026, iron ore fines prices in India’s major markets showed an overall upward trend. Compared with February 6, prices in various regions exhibited different trends, while corresponding trading volumes were also recorded. In the Kandla market, iron ore fines prices rose by INR 100 per ton on February 11 compared to February 6, reaching INR 8,400 per ton (DAP, delivered at destination). On that day, the market traded 9,000 tons of iron ore fines, with transaction prices ranging from INR 8,300 to INR 8,400 per ton (DAP). In the Raipur market, iron ore fines prices remained stable, staying unchanged from February 6 at INR 6,950 per ton (EXW, ex-factory price). The market traded only 100 tons on that day, with a transaction price of INR 6,800 per ton (EXW). In the Jalna market, iron ore fines prices remained flat week-on-week, holding steady at INR 6,600 per ton (EXW). On that day, 1,600 tons were traded, and the transaction prices matched the quoted prices exactly.

The South African Mining Qualifications Authority will hold a Mining Skills Conference in late February to celebrate its 30th anniversary.

11

26-02

// Blog

The South African Mining Qualifications Authority will hold a Mining Skills Conference in late February to celebrate its 30th anniversary.

The South African industry education and training body—the Mining Qualifications Authority (MQA)—announced that it will host the 2025-2026 Mining Skills Lekgotla from February 26 to 27 at the Gallagher Convention Centre in Midrand, Gauteng Province. This conference will provide the MQA with a formal platform to report on its performance to various stakeholders and facilitate exchanges around key industry priorities. The conference will also guide the development of skills-renewal and enhancement programs that align with future workplace demands, strengthening the MQA’s ability to respond effectively to stakeholders’ identified training needs and ensuring that both employed workers and unemployed youth acquire practical skills relevant to the evolving mining industry. This biennial Mining Skills Conference coincides with the 30th anniversary of the MQA’s establishment, and its theme is “30 Years of Excellence in Skills Development—Building Empowered Mining Skills for the Future.” Dr. Nomusa Zethu Khunta, the newly appointed Chairperson of the MQA, along with the newly appointed members of the Board of Directors and committees (who will serve during the 2030 NSDP term), will also attend this conference.

A storm is approaching Australia’s Pilbara region, prompting the closure of liquefied natural gas and iron ore ports.

10

26-02

// Blog

A storm is approaching Australia’s Pilbara region, prompting the closure of liquefied natural gas and iron ore ports.

Affected by a rapidly intensifying tropical low-pressure system, Australia’s Pilbara Ports Authority announced the suspension of operations at several export ports starting February 6. The authority stated that Ashburton Port, Cape Preston West, Dampier Port, and Varanus Island Port will clear all berths by 4 p.m. local time (8 a.m. GMT), while Hedland Port will close at 9:30 p.m. local time. The Pilbara Ports Authority said it would arrange for vessels to depart from these ports. These ports primarily handle exports of liquefied natural gas (LNG) and iron ore. Market sources revealed that the aforementioned export hubs had already entered a Category 2 cyclone alert status earlier this week. According to data from the Australian Bureau of Meteorology (BoM), Tropical Low 21U is currently located off the coast of Western Australia’s Kimberley region. It is expected to develop into a cyclone around 8 a.m. local time on February 7 and move southward, approaching the Pilbara region—a key area rich in iron ore resources. This weather system could come within close proximity to Dampier Port in the early hours of February 8. Data shows that in December 2025, Dampier Port handled LNG shipments totaling 1.4 million tons, down 12% year-on-year; iron ore shipments reached 15 million tons, up 9% year-on-year. Combined, other export ports under the Pilbara Ports Authority processed a total of 52 million tons of iron ore that month. Western Australian ports have previously been repeatedly affected by extreme weather events. Between January and February 2025, the Pilbara region experienced four cyclones, causing BHP and Rio Tinto’s iron ore shipments from Western Australia to decline in the first quarter of that year. On January 20, 2025, Cyclone Sean caused flooding in the railway unloading system at Rio Tinto’s East Intercourse Island facility in Dampier, temporarily halting loading operations until early March. However, during this period, the company continued to maintain shipments through other facilities in Western Australia.

South Africa and China Sign Framework Agreement on Trade and Investment

09

26-02

// Blog

South Africa and China Sign Framework Agreement on Trade and Investment

On February 6, South Africa and China signed a Framework Agreement on Trade and Investment in Beijing, aimed at facilitating the tariff-free entry of more South African products into the Chinese market and promoting Chinese investment in South Africa. The agreement, known as the China-Africa Economic Partnership Agreement (CAEPA), was signed by Parks Tau, South Africa’s Minister of Trade, Industry and Competition, and Wang Wentao, China’s Minister of Commerce. According to South Africa’s Ministry of Trade, Industry and Competition, the agreement covers cooperation in trade, investment, multilateral collaboration, and the field of new energy. South Africa pointed out that the CAEPA is designed to deepen bilateral trade relations while establishing relevant safeguard mechanisms to protect South Africa’s domestic industrial capacity. Following the signing of the framework agreement, both sides will continue negotiations and plan to conclude an “Early Harvest Agreement” by the end of March 2026. Chuangcai stated that as China-South Africa relations continue to deepen, South African businesses are now facing new opportunities to enter the Chinese market, with key sectors including mining, agriculture, renewable energy, and the technology industry. He noted that South Africa currently exports a variety of agricultural products to China, including citrus fruits and rooibos tea. According to the arrangements, the Chinese side will organize a procurement delegation to visit South Africa and invite South Africa to participate in the national and enterprise exhibitions at the 9th China International Import Expo, scheduled to be held in Shanghai this November. In addition, South Africa has also been invited to attend a special event highlighting investment opportunities in South Africa’s steel industry. Chuangcai emphasized that China’s investment in Africa and South Africa continues to expand, particularly in the automotive industry. From the South African side, there was an expression of hope to attract even more Chinese investment and further promote the entry of South African products into the Chinese market.

China's steel company, Baowu Resources, has acquired a controlling stake in the consortium for the Simandou iron ore project in Guinea.

06

26-02

// Blog

China's steel company, Baowu Resources, has acquired a controlling stake in the consortium for the Simandou iron ore project in Guinea.

China’s steel giant Baowu Resources has increased its stake in the Winning Consortium Simandou—the operating consortium for Blocks 1 and 2 in the northern part of the Simandou iron ore project—from 49% to 51%, thereby gaining controlling interest. Following the completion of the transaction, the consortium’s Singapore-registered parent company and its Guinean subsidiary have been renamed Baowu Winning Consortium Simandou (BWCS). In Blocks 3 and 4 in the southern part of Simandou, Chinese state-owned enterprises hold stakes through a joint venture led by Chinalco, with partners including Rio Tinto and the Guinean government. This collaborative structure is known as Simfer. Baowu stated that this transaction further underscores the company’s long-term industrial and strategic commitment to what it calls “one of the world’s most significant integrated mining and infrastructure projects.” The company emphasized that it will continue to enhance the project’s competitiveness, promote local development, and strictly adhere to internationally recognized ESG standards in the future. Once fully operational, the two major mining centers of the Simandou project are expected to export up to 120 million tons of high-grade iron ore annually by sharing railway and Atlantic port infrastructure. Upon full commissioning, Guinea could join Australia and Brazil as one of the world’s leading suppliers of iron ore.

Contact us for better prices!

Submit

+86-18654318088

mike@chuangcaigroup.com

+86-532-57752682

Share your needs with us and get impressive cooperation and reliable products.

Submit
%{tishi_zhanwei}%
Facebook Linkedin Twitter Tumblr Pinterest tiktok Youtbe Insgram

Copyright © 2025 Chuangcai Group Limited

国际站建设：中企动力 淄博 外贸Google推广

领先///先进

Sorry，当前栏目暂无内容!

您可以查看其他栏目或返回 首页

Sorry，The current column has no content!

You can view other columns or return Home