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Commodity freighters are shrugging off Covid-19

The cost of moving commodities like coal and iron-ore across the world’s oceans is surging as China lifts cargo purchases. Whether the rally will withstand the economic aftershocks of the coronavirus is a thornier question. Rates for giant capesize ships climbed to...

Metso Outotec merger sets up future expansion

Image: Metso Australia. Metso has officially merged its minerals business with Outotec to form a new company with aims to become an industry leader across the minerals, aggregates, metals refining and recycling industries. The newly-formed Metso Outotec will fuse and...

MACA wins $230m Corunna Downs contract

Atlas Iron Corunna Downs project Source: MACA Atlas Iron has awarded MACA a contract to carry out open pit mining services at the Corunna Downs iron project in the Pilbara region of Western Australia. Corunna Downs, which is 100 per cent owned by Atlas Iron, is 33...