Botswana's sole iron ore mine halts operations as prices fall
Published on: Tuesday 30 May 2023
By Brian Benza GABORONE, May 31 (Reuters) - I kongwe Mine, Botswana’s sole iron ore mining operation, has stopped production due to falling export prices for the mineral, a senior company official said on Wednesday. The mine, owned by Botswana-registered Vision Ridge Investments, a unit of India's Yashomann Industries, began production in 2021 as prices of iron ore, the main ingredient in steel
News source: https://www.msn.com/en-us/money/other/botswana-s-sole-iron-ore-mine-halts-operations-as-prices-fall/ar-AA1bXKfw
