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Weba Chute Systems & Solutions

Press Office - Weba Chute Systems & Solutions

ADQ, Orion Resource Partners establish metals, mining JV
31st January 2025 By: Schalk Burger

Abu Dhabi sovereign investment company ADQ and metals and materials investment firm Orion Resource Partners have entered into an agreement to establish a new Abu Dhabi-based joint venture (JV) that... 


Andaman Partners logo
China Remains a Critical Player in Global Mining: Now is the Time to Engage It More Strategically
31st January 2025

Kobus van der Wath – Co-Founder & CEO, ANDAMAN PARTNERS China remains one of the world’s largest producers of resources and the largest consumer; and it is typically the largest importer of... 


Image of iron-ore stockpile
Simandou iron-ore project, Guinea – update
31st January 2025 By: Sheila Barradas

Chinalco-led consortium Winning Consortium Simandou has awarded a contract for Evolution Series ES43ACmi locomotives and services. 


The Scully iron-ore mine
Strategic Resources looking to use iron-ore concentrate from Scully mine
30th January 2025 By: Creamer Media Reporter

TSX-V-listed Strategic Resources and Tacora Resources, the operator of the Scully mine in the Labrador Trough, have signed a collaboration agreement to explore the use of Tacora’s iron-ore... 


Champion Iron maintains stable volumes despite Q3 rail and production disruptions
Champion Iron maintains stable volumes despite Q3 rail and production disruptions
30th January 2025 By: Mariaan Webb

Toronto- and Sydney-listed Champion Iron has maintained stable sales volumes in the third quarter ended December 31, despite encountering a 14-day rail outage and other operational challenges at... 


Coal stockpiles
Anglo completes sale of minority interest in Jellinbah for A$1.6bn
29th January 2025 By: Creamer Media Reporter

Diversified miner Anglo American has concluded the sale of its 33.3% minority interest in Jellinbah Group, a joint venture (JV) that owns a 70% interest in the Jellinbah East and Lake Vermont... 


Vale posts highest annual iron-ore output since 2018 despite fourth-quarter slide
Vale posts highest annual iron-ore output since 2018 despite fourth-quarter slide
29th January 2025 By: Reuters

Brazilian miner Vale posted on Tuesday its highest annual iron-ore production since 2018, even after a decline in output in the fourth quarter when the company prioritised higher-margin products.... 


An artist's rendering of the Evolution Series ES43ACmi locomotives to be delivered to Simandou
Wabtec awarded $248m locomotive order from Winning Consortium Simandou
29th January 2025 By: Creamer Media Reporter

NYSE-listed Wabtec Corporation has been awarded a $248-million order for Evolution Series ES43ACmi locomotives and services from Winning Consortium Simandou, to support the latter's rail operations... 


Liberia anticipates new minerals discovery will draw $3bn
29th January 2025 By: Bloomberg

Liberia expects to attract $3-billion in investment after the discovery of new minerals, President Joseph Boakai said. Studies conducted over five decades and funded by the Chinese show the iron... 


US President Donald Trump
Copper extends losses after Trump threatens tariffs on metals
28th January 2025 By: Bloomberg

Copper declined after US President Donald Trump said he planned to impose import tariffs on the metal, as well as aluminum and steel, raising fears of trade wars and spurring further gains in the... 


The Blacksmith iron-ore project is located near Fortescue's Solomon operations.
Fortescue swoops on Red Hawk, targeting Blacksmith iron-ore project
28th January 2025 By: Mariaan Webb

Australian resources heavyweight Fortescue has made a move to expand its iron-ore footprint, launching an off-market takeover bid for Red Hawk Mining on Tuesday. The ASX-listed company, founded by... 


Vale CEO Gustav Pimenta
Vale shares shed $17bn as iron-ore slump foils turnaround
28th January 2025 By: Bloomberg

A weaker China economy and battered iron ore prices have helped drive down Vale’s stock, making investors wary of uncertainties plaguing one of the world’s top suppliers of the steelmaking... 


Rio Tinto confirms disruptions to iron-ore shipments
Rio Tinto confirms disruptions to iron-ore shipments
24th January 2025 By: Mariaan Webb

Australian iron-ore giant Rio Tinto confirmed on Friday that its rail and port operations in the Pilbara region had been disrupted by Tropical Cyclone Sean, which brought record rainfall to parts... 


Fortescue Energy CEO says green hydrogen cost is key as demand drops
24th January 2025 By: Reuters

Replacing fossil fuels with green hydrogen depends on creating demand by making it price competitive, as buyers are unwilling to pay "green premiums", Fortescue Energy CEO Mark Hutchinson told... 


Transnet's Central Corridor rail line
South African coal, metal exporters to spend billions fixing rail
24th January 2025 By: Bloomberg

South African coal and iron-ore exporters aim to sign agreements with state-owned logistics company Transnet next month that could pave the way for them to spend billions of rand to help fix... 


Image of iron ore bucket loaders
Kamistiatusset iron-ore project, Canada – update
24th January 2025 By: Sheila Barradas

Iron-ore mining and development company Champion Iron has reported that Japanese steelmaker Nippon Steel and trading house Sojitz will buy a 49% stake in the Kami project for A$245-million. 


Fortescue's Q2 iron-ore shipments edge up; Iron Bridge shutdown weighs
Fortescue's Q2 iron-ore shipments edge up; Iron Bridge shutdown weighs
23rd January 2025 By: Reuters

Shares of Australia's Fortescue slipped on Thursday to a one-week low as it posted a marginal rise in its second-quarter iron-ore shipments, largely in line with market expectations for the... 


Iron-ore and other metals drop after Trump’s China tariff threat
Iron-ore and other metals drop after Trump’s China tariff threat
22nd January 2025 By: Bloomberg

Iron-ore and most base metals fell after US President Donald Trump said that he could hit China with 10% tariffs on all imports, suggesting February 1 as the possible start date. Futures of the... 


Yearly South African mining production fell by 0.9% in November
21st January 2025 By: Darren Parker

Mining production decreased by 0.9% year-on-year in November last year, Statistics South Africa (Stats SA) has revealed in its latest mining production update, published on January 21. The largest... 


BHP CEO Mike Henry
BHP ‘in good shape’, says Henry as miner reports strong production results
21st January 2025 By: Mariaan Webb

The world’s biggest listed miner, BHP, on Tuesday announced strong production results for the first half of the financial year, with significant gains in its flagship copper and iron-ore... 


Rio Tinto CEO Jakob Stausholm
Rio Tinto and Glencore spoke for months about deal that was once taboo
20th January 2025 By: Bloomberg

When Glencore proposed a combination with Rio Tinto Group a decade ago, the larger company turned it down after just a few days. News this week that the two spent several months in negotiations in... 


Australia iron-ore hub resumes operations after cyclone threat
Australia iron-ore hub resumes operations after cyclone threat
20th January 2025 By: Reuters

Australia's Port Hedland, the world's largest iron-ore export hub, has resumed operations after cyclone Sean moved away from the port, the Pilbara Ports Authority said on Monday. The port off the... 


Rio Tinto to form new lithium unit after Arcadium buy, memo says
17th January 2025 By: Reuters

Anglo-Australian mining giant Rio Tinto plans to create a standalone lithium division after it closes its $6.7-billion acquisition of Arcadium Lithium, according to an internal memo seen by... 


Copper in longest winning streak since 2017 on China demand hopes
Copper in longest winning streak since 2017 on China demand hopes
17th January 2025 By: Bloomberg

Copper headed for an eighth day of gains, its longest winning streak since 2017, as fresh economic data from China brightened the demand outlook in the top metals-consuming nation. The industrial... 


Safety vests with the Rio Tinto logo
Rio Tinto, Glencore discuss mining's biggest-ever potential merger
17th January 2025 By: Bloomberg

Rio Tinto Group and Glencore have held early stage talks about combining their businesses to create a behemoth to rival longstanding industry titan BHP Group. The discussions took place as recently... 


Photo of Terence Creamer
Unsurprising yet painful
17th January 2025 By: Terence Creamer

News that the struggling Newcastle Works will close at the end of this month is yet another painful reminder of South Africa’s ongoing deindustrialisation. The development itself is not surprising,... 


Simandou North metallurgical testwork exceeds expectations – Arrow
15th January 2025 By: Creamer Media Reporter

Recent metallurgical testwork at Simandou North, in Guinea, has confirmed the potential for premium-quality iron-ore, with grades surpassing 66% iron and alumina levels below 0.5%, Arrow Minerals... 


Aluminum rises on EU’s possible Russia ban, China supply trends
Aluminum rises on EU’s possible Russia ban, China supply trends
15th January 2025 By: Bloomberg

Aluminum ticked higher, with the European Union considering import restrictions on Russian metal and Chinese production growth expected to slow. The metal climbed toward $2 600 a ton in London,... 


Rosond CEO Glen McGavigan
Rosond appoints Glen Mc Gavigan as incoming CEO
14th January 2025 By: Sabrina Jardim

Drilling and exploration company Rosond has appointed Glen Mc Gavigan as CEO, effective 13 January.   Mc Gavigan succeeds Ricardo Ribeiro, who has taken up the role of executive chairperson. 


Iron-ore advances after record China imports boost demand hopes
Iron-ore advances after record China imports boost demand hopes
14th January 2025 By: Bloomberg

Iron-ore surged back above the $100-a-ton threshold after data showed China’s annual imports of the steel-making ingredient reached a record and its trade surplus soared. Futures gained for the... 


China 2024 iron-ore imports hit record on resilient demand, steel exports
China 2024 iron-ore imports hit record on resilient demand, steel exports
13th January 2025 By: Reuters

China's iron-ore imports in 2024 rose to a record high for a second year, customs data showed on Monday, as lower prices spurred buying while demand remained resilient due in large part to massive... 


India Prime Minister Narendra Modi (left) with South African President Cyril Ramaphosa during 2023 visit.
India targeting five-million tons of green hydrogen a year by 2030, PM announces
10th January 2025 By: Martin Creamer

India aims to produce five-million tonnes of green hydrogen year by 2030 under the National Green Hydrogen Mission, Prime Minister Narendra Modi has announced. As a first step, two green hydrogen... 


Transnet Rail Infrastructure Manager interim CE Moshe Motlohi
Transnet Rail Infrastructure Manager gears up to allocate first rail slots to private operators
10th January 2025 By: Terence Creamer

South Africa’s recently established Transnet Rail Infrastructure Manager (TRIM) is gearing up for the allocation of the first route slots to private train operating companies (TOCs) in line with... 


The nuGen™ green hydrogen fuel cell truck retrofitted from a diesel-powered vehicle.
Mining needs to commit to intensified decarbonisation goals, consulting firm shows
9th January 2025 By: Martin Creamer

The mining industry needs to commit to an intensified pursuit of decarbonisation goals amid the rate of greening being too slow to meet science-based targets, consulting services firm dss+ points... 


Glencore loses senior aluminum traders to rivals Vitol, Mercuria
Glencore loses senior aluminum traders to rivals Vitol, Mercuria
9th January 2025 By: Bloomberg

Two of the top traders in Glencore’s aluminum department are leaving for Vitol Group and Mercuria Energy Group — the latest sign of how a return into metals by energy firms is fueling a talent war... 


ArcelorMittal Rail and Structural, pictured, will also be shut when Newcastle closes
No reprieve likely this time after talks on Newcastle mill’s survival fail
6th January 2025 By: Terence Creamer

The failure of a task team established to chart a survival strategy for ArcelorMittal South Africa’s (AMSA’s) Newcastle Works, in KwaZulu-Natal, culminated in the JSE-listed steel group notifying... 


China's 2025 iron-ore imports set to hit new high even as steel demand dwindles
China's 2025 iron-ore imports set to hit new high even as steel demand dwindles
6th January 2025 By: Reuters

China's iron-ore imports are likely to hit a new high in 2025 as traders stockpile cheap ore for the world's top consumer despite a protracted property crisis continuing to weigh on Chinese steel... 


Anglo American's South African office
Lure of Anglo's copper mines could test BHP's spending resolve
20th December 2024 By: Reuters

BHP, the world's biggest miner, would need to offer a minimum 40% premium over Anglo American's share price to make a renewed takeover bid now the rival's value has been boosted by asset sales, two... 


Barminco equipment being used underground
Perenti secures A$185m of new work and a contract extension
20th December 2024 By: Creamer Media Reporter

Mining services provider Perenti has announced the execution of new contracts and an extension to an existing contract for the company’s subsidiary businesses. These contracts are expected to... 


Grindrod's rail operations
Grindrod outlines focus for 2025, reflects on 2024 performance
19th December 2024 By: Schalk Burger

JSE-listed logistics company Grindrod, in a December 19 pre-closing trading update, said its focus going forward would be to drive growth in bulk handling, container handling, logistics capability... 


An iron-ore mine in Australia
Australia expects export resource earnings to drop 10% in FY2025
19th December 2024 By: Reuters

Australia expects its resource and energy export earnings to fall by about 10% to A$372-billion ($231.6-billion) in the fiscal year ending June 2025 mostly due to falling iron-ore prices and... 


A Rio Tinto office
Rio Tinto shareholders call for resolution on review of dual-listed structure
19th December 2024 By: Reuters

Activist investor Palliser Capital and over 100 other shareholders on Thursday sought a resolution over a review of Rio Tinto's RIO.AX dual-listed model, in a bid to unify the miner's corporate... 


Champion Iron CEO David Cataford
Nippon Steel, Sojitz to take 49% stake in Champion Iron's Canada project
19th December 2024 By: Reuters

Australia's Champion Iron said on Thursday Japanese steelmaker Nippon Steel and trading house Sojitz will buy a 49% stake in the company's Kami project in Canada for A$245-million ($152-million).... 


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