Finance & business - 03 April 2019

There is increasing demand for coal from end-user industries in Southeast Asia, Africa, Russia, and Turkey.

Teck Resources reports the closing of an acquisition by Sumitomo Metal Mining Co. amd Sumitomo Corp. of a 30% indirect interest in Compañia Minera Teck Quebrada Blanca S.A.

The agreement will allow both companies to share geological information on their respective projects in the Carmacks Copper District of Canada’s Yukon Territory.

Fortescue Metals Group has awarded a Major Component Overhaul and Replacement Services contract to three Port Hedland-based contractors, which will create 17 full time, local jobs.