Kolomela Iron Ore Mine Northern Cape South Africa Mining
The Kolomela mine is located 22km from Postmasburg in the Northern Cape province of South Africa The mine produces direct shipping iron ore The mine is operated by the Anglo American group company Kumba Iron Ore through its subsidiary Sishen Iron Ore Company SIOC SIOC is % owned by Kumba while the remaining interest is held by Black
Kumba Iron Ore Limited production and sales report for the
Iron ore prices strengthened during Q3 2023 despite a 7% increase in global iron ore supply and thin steel mill margins Steel production in China increased by 3% YTD driven by a strong increase in exports Lower domestic iron ore production less steel scrap usage and low iron ore inventories at Chinese ports provided further price support