In the contrary, the mining industry posted a decrease of 6.2 percent.

The group said it shipped about 10,000 tonnes to its partners in Belgium and Spain during January.

The group also enjoyed spectacular growth in agriculture which made up 11.7 percent of its revenue and 12.4 percent of after-tax profit.

Russia may tighten restrictions on scrap export

Recently, Baosteel has successfully completed the scientific research project of one key RH refining model application, which has been independently researched and developed by Baosteel for three years.

Africa’s minerals sector should “seize the opportunities presented by the global transition towards green energy”, experts noted during a virtual webinar on the future of mining in Africa, post-Covid-19.

The Covid-19 pandemic has created an opportunity for the global mining industry to use available digital technologies to leapfrog productivity gaps, says Bosch mining solutions head Jonas Corali.

First ore from the Iron Ridge mine, in Western Australia, has departed from the Port of Geraldton, with the next export vessel scheduled to arrive in late February.