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06 Jul
14:53

Rana Gruber increases ore shipments, redirects China cargo

Rana Gruber increased iron ore hematite concentrate sales 8% on-year in the second quarter to 432,000 tonnes, while magnetite concentrate sales inched up to 28,000t, Kallanish notes. The hematite sales correspond to seven shipments. Final settlement of these shipments will be in July (three), August (two) and September (two). As previously announced, two shipments were initially meant for China. There has been a change in the destination for one of these shipments…
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