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The article presents an interview with John Walrond, a veteran in the mining and inspection industry, discussing his extensive career spanning Southern Africa to New Zealand. Topics include his early experiences in gold and asbestos mining, challenges and highlights throughout his career, and reflections on industry changes and safety concerns, culminating in his current retirement activities and appreciation for lifelong friendships and mentors.

The article emphasizes Rio Tinto Ltd's unwavering iron ore production and demand, noting plans to expand Gudai-Darri mine and tap into additional Pilbara deposits. Despite global iron ore market uncertainties, Rio Tinto remains confident in meeting increasing demand, leveraging technological advancements and automation while addressing cultural heritage concerns through co-management strategies.

Utah's Kennecott mine is recovering tellurium, a rare element used in green energy products like solar panels. Tellurium is combined with cadmium to create a compound that enhances electrical conductivity in solar cells. Rio Tinto began the process of recovering tellurium at Kennecott mine in 2022, making it one of the few active refineries for the element in the United States. The United States' net import reliance for tellurium dropped to 25 percent in 2023, and Kennecott mine is expected to become the sixth-largest producer of tellurium in the world. Mining for critical minerals is necessary for the energy transition and reducing greenhouse gas emissions, but it also comes with environmental concerns. The mining industry is working to improve its environmental practices. [Extracted from the article]

The $350 million contract for the development of Saindak copper-gold mine between the SML and China's MCC Resources Development Company Limited (MRDL) expired in October 2012. Pakistan has immense mining potential. [Extracted from the article]

For the purposes of mining, the Saindak Copper-Gold Project was set up by Saindak Metals Ltd (SML), a company fully owned by the Government of Pakistan, at the end 1995 with a cost 13.5 billion rupees. Enabling the environment in terms of safety and security for investors, while overcoming our bureaucratic hurdles between the federal and provincial governments can be a good omen for mining sector development in Pakistan particularly in Balochistan. Pakistan is blessed with a variety of terrains, all four seasons and a vast sea. [Extracted from the article]

The article discusses the potential partnership between the US and Brazil in the field of critical minerals. The US is seeking access to Brazil's vast resources of rare earths, lithium, nickel, graphite, niobium, and other critical raw materials. Australian explorers in Brazil are expected to benefit from this partnership, as several Australian companies have already pivoted to Brazil in recent years. The article highlights the success of Latin Resources Ltd, Centaurus Metals Ltd, and Meteoric Resources Ltd in Brazil, as well as the arrival of Gina Rinehart-backed Brazilian Rare Earths Ltd. The stability of Brazil's mining economy and its experience in the mining industry make it an attractive investment destination. The article also emphasizes the importance of local expertise and knowledge in achieving success in foreign markets. [Extracted from the article]

The article discusses the town of Kiruna in Sweden, which is at risk of sinking due to extensive iron ore mining. The mining company LKAB is relocating important buildings to prevent the town from sinking, but they also plan to continue mining for rare earth elements. This poses a threat to the traditional way of life of the Indigenous Sámi people who live in the area. The article explores the global demand for critical minerals and the environmental and social costs associated with mining and recycling. It also raises concerns about the reliance on other countries for critical minerals and the potential exportation of environmental damage. [Extracted from the article]

And don't worry if your Land Rover is standard or on road tyres; the team at Dalton have sets of steel wheels with mud-terrain tyres available to hire for use on your own vehicle, to make your experience even more fun and see what your Land Rover can really do. NIGEL SIMPSON Nigel is a Land Rover enthusiast, experienced off-road driver and veteran greenlaner, who loves to share his knowledge of the Lake District with visitors and locals alike. All-terrain tyres give a good blend of on and off-tarmac capability, but for wet mud and slippier surfaces a mud-terrain tyre is what you need. It's true -- you need to keep the speed down low enough to make calculated decisions as you drive and ensure the Land Rover and its wheels are in the right places, but sometimes momentum is needed to carry the weight of the vehicle through an obstacle without getting stuck. [Extracted from the article]

Another is the English October beer, which was a manorial beer that was barrel-aged for years, essentially for purposes of showing off. Once the beer had fermented for 24 hours, they opened the solera barrel, drew off 75 liters of aged beer, and added the 75 liters of new beer - which was probably still fermenting. Another source, later, says that their beer was 6 percent ABV, and that the pH of the beer coming out of the barrel was 3.1 - pretty sour. This beer was called "hundred-year beer", but how old was the beer in the barrel, actually?. [Extracted from the article]

Bulwark: Falconeer Chronicles is an open-world city-building game set in the same universe as The Falconeer. Players explore The Great Ursee, a planet shattered by war, and build settlements by combining pieces from different factions. The game offers an approachable building tool that allows for quick construction and the creation of visually spectacular cities. In Campaign Mode, players must strategically manage resources and appease competing factions. However, the game lacks progression and meaningful challenges in later stages, and the combat system is confusing. Despite these flaws, Bulwark's atmospheric world and photography mode offer enjoyable experiences for players. [Extracted from the article]

This study compares the results of two regional steadystate U.S. Geological Survey Modular Three-Dimensional Finite-Difference Ground-Water Flow (MODFLOW) models constructed to quantify the hydrologic changes in the St. Louis River Basin from iron mining on the Mesabi Iron Range in northeastern Minnesota. The U.S. Geological Survey collaborated in this study with bands of the Minnesota Chippewa Tribe, and the Minnesota Pollution Control Agency to inform management decisions about aquatic resources in the St. Louis River Basin. A model constructed and calibrated to represent average 1995-2015 mining conditions produced regional groundwater heads and flows. A pre-mining scenario model was constructed from this mining model but had the land and bedrock surfaces restored to pre-mining topographies and had modeled mining features (mine pits, tailings basins, waste-rock piles, and mining-disturbed areas) eliminated to represent general pre-mining stratigraphy and hydrogeology. Many of the features important to the hydrology of this mining area (like individual mine pits) are difficult to represent in groundwater models and required the use of modeling tools to indirectly account for their effects. The difference between the results of these two models represents mining's effects on the hydrology in the Mesabi Iron Range area of the St Louis River Basin. The mining and pre-mining regional models also can provide boundary conditions and initial properties for future local or site-specific groundwater-flow models in the area. Total groundwater flow through the mining model is 171 million cubic feet per day. Areal recharge is the largest source of groundwater (78 and 81 percent of total groundwater flow in the mining and pre-mining scenario models, respectively). Seepage from streams and lakes provides another 17 percent of the total groundwater flow through both models. Water leaves aquifers through seepage to streams (discharge as base flow, 43 percent in both models) and areal seepage to the land surface (surface seepage), for example to wetlands (45 and 49 percent, mining and pre-mining scenario models respectively). Comparison of the results from the mining and premining scenario models shows that iron mining has produced measurable hydrologic changes in the St. Louis River Basin, but that most of those changes and the highest magnitude changes occur near the mining features. Flow changes to and from surface-water bodies like streams and wetlands were analyzed in detail because of their importance in sustaining surface waters and aquatic life. Overall, groundwater flow in the mining model was 3.62 million cubic feet per day (2.2 percent) greater than total pre-mining model groundwater flow. This was caused by an increase in recharge from tailings basins and a decrease in discharge from surface seepage. Groundwater discharge to mine pits was the largest change in groundwater flows between the models (a change representing 2.8 percent of total pre-mining model groundwater flow). Net recharge to groundwater from tailings basins (2.4 percent), net decrease in surface seepage from groundwater (2.7 percent), and net increase in seepage to streams (1.0 percent) were all in this same range of total pre-mining model groundwater flow. Groundwater lost through mine-pit withdrawals was nearly offset by groundwater gained through recharge from tailings basins. However, because losses and gains occurred in different areas, the effect of mining can have more substantial effects on local areas than the model-wide averages represent. [ABSTRACT FROM AUTHOR]

Nokia talks with Fierce about the iron ore mine of the future at the Brooklyn 6G Summit. [ABSTRACT FROM AUTHOR]

Fortescue Ltd. has highlighted potential supply challenges in the iron ore market, emphasizing that existing mines are facing output declines and new deposits have shorter mine-lives. The company's metals chief, Dino Otranto, pointed out that regulatory hurdles in Australia's Pilbara region are also contributing to supply issues. Additionally, concerns about China's slowing economy and plateauing steel demand could impact iron ore prices in the future. Fortescue is exploring the Belinga project in Gabon, which is considered one of the last undeveloped high-grade iron ore deposits globally. [Extracted from the article]

The world's top two iron ore miners, Rio Tinto Group and Vale SA, increased their output of iron ore in the last quarter, despite challenges in demand from China due to the unresolved property crisis. China's economic recovery has been uneven, prompting more government support to sustain growth, with a shift towards advanced manufacturing and power infrastructure driving future commodity demand. Rio and Vale are expanding their production capacities, with Rio focusing on iron ore and copper projects, while also diversifying into other commodities like lithium. [Extracted from the article]

Brazil is considering revising regulations that currently protect caves from exploration and development, potentially benefiting energy projects and Vale SA's iron ore prospects. The government is engaging in technical discussions led by the Environment Ministry to strike a balance between industry growth and environmental protection. Vale believes that reclassifying some caves could unlock 1.6 billion tons of iron ore reserves, including those in the Amazon rainforest, which are currently restricted by strict regulations. [Extracted from the article]

Rio Tinto Group, a mining company, has announced its $6.7 billion acquisition of Arcadium Lithium Ltd., marking a significant expansion of Rio's investment in lithium. This move represents a return to acquisitive growth for Rio after a period of cost cuts and management changes. The acquisition is seen as a strategic bet on lithium, a metal that other miners have been hesitant to invest in. Rio's CEO, Jakob Stausholm, has been focused on fixing internal issues and projects before pursuing M&A opportunities. The acquisition of Arcadium is seen as a positive move by investors, although Rio still needs to convince all shareholders that it is ready to spend on larger-scale M&A. [Extracted from the article]

According to Chief Minister Eknath Shinde, the MahaYuti government in Maharashtra has successfully disrupted the supply chain of Maoists, resulting in a decrease in the number of armed Maoist cadres from 550 in 2013 to 56 in 2024. The government's efforts have led to the killing, arrest, and surrender of Maoist members, making their leadership ineffective. Development initiatives, such as road infrastructure, internet network, industry, health, and education, have been implemented in Maoist-affected areas, and investments have been made to create jobs. The Chief Minister has requested financial assistance and additional support from the central government to further address the issue of Maoist insurgency. [Extracted from the article]

Fortescue Ltd has signed a memorandum of understanding with Chinese shipping company COSCO Shipping Ltd to develop technologies for lower emissions and a green fuel supply chain. The collaboration aims to reduce carbon emissions in the Australia-China iron ore shipping corridor. Fortescue has also developed a green ammonia capable ship engine and received certification to use ammonia as a marine fuel. Western Australia has introduced significant reforms to its environmental laws, allowing other government regulators to issue approvals ahead of an environmental impact assessment. The changes aim to streamline the approval process for major projects while maintaining strong environmental protections. Australia is the second-largest producer of carbon dioxide emissions, trailing only Russia in carbon exports. The country's high exports of coal and gas contribute to its large global carbon footprint. Gold Fields Ltd is expanding its solar capacity at the Granny Smith mine in Western Australia, aiming to generate 21% of its energy requirements from renewable sources. The expansion will reduce energy costs and carbon intensity at the mine. [Extracted from the article]

The article discusses Guinea's resource abundance and the progress being made in developing its mining industry. Arrow Minerals Ltd is benefiting from the established mining system in Guinea created by Rio Tinto Ltd as it works on its iron ore and bauxite projects. The company is conducting drilling and exploration to define resources and is planning to identify the lowest capital operations before expanding into larger opportunities. The Guinean government is focused on mining growth and shared infrastructure, with plans to develop downstream capacity and prioritize local development. Guinea's resources include bauxite, iron ore, gold, diamonds, mineral sands, and critical minerals. [Extracted from the article]

Nippon Steel Corp and JFE Steel Corp have purchased a 30% stake in Whitehaven Coal Ltd's Blackwater coal mine in Queensland for $1.6 billion. This deal is expected to extend the mine's production to over 50 years. The move goes against the trend of divestment from fossil fuels, but Nippon and JFE were motivated by rising competition for high-quality coking coal and the Queensland Government's royalties decision. Environmental groups have criticized the deal, but Nippon and JFE argue that the coal will be used to reduce emissions through green steel-making methods. [Extracted from the article]

Extinct volcanoes, which are difficult to study because they no longer erupt, could be a valuable source of rare earth elements. Researchers used a unique experimental technique to recreate an extinct volcano in a lab and discovered that certain types of magma found in these volcanoes are efficient at concentrating rare earth elements. Demand for rare earths is increasing as society moves towards renewable energy, and finding economically viable deposits of these metals is a challenge. The study suggests that extinct iron-rich volcanoes, which are often mined for iron ore, could potentially be modified to produce rare earths as well, reducing the need for new mines and minimizing environmental disruption. [Extracted from the article]

Fortescue Ltd., the fourth-largest iron ore miner in the world, plans to spend $2.8 billion to replace the majority of its fleet of haulage trucks and equipment in Western Australia with electric versions. The company aims to reduce diesel consumption and meet emissions-reduction targets. The fleet will consist of 475 emissions-free machines, including 360 autonomous battery-electric trucks, and will be used in Fortescue's iron ore operations in the remote Pilbara region. The move is part of Fortescue's goal to decarbonize its entire mining operations by 2030. [Extracted from the article]

Fortescue Ltd., the fourth-largest iron ore miner in the world, has signed a $2.8 billion deal to replace two-thirds of its fleet of haulage trucks and equipment in Western Australia with electric versions. The company plans to buy 475 emissions-free machines, including 360 autonomous battery-electric trucks, from Germany's Liebherr Group. This move is part of Fortescue's goal to decarbonize its entire iron ore mining operations by 2030 and reduce industrial pollution. The mining industry is a significant contributor to air pollution in Australia, and emissions from the global industry sector are increasing rapidly. [Extracted from the article]

Australia, a major natural gas exporter, plans to begin exporting green hydrogen by the end of the decade. The government will provide incentives of around $5.4 billion over the next ten years, which is expected to attract $50 billion in private investment. The goal is to produce at least 500,000 tons of hydrogen annually using renewable energy and export a minimum of 200,000 tons by 2030. Australia aims to leverage its renewable energy resources to create new manufacturing opportunities and reduce emissions in industries such as steelmaking. However, the country faces challenges in developing its green hydrogen sector, including high energy prices and limited demand. Australia has updated its National Hydrogen Strategy to address these issues and has also signed an agreement with Germany for shared investment in Australian hydrogen projects. [Extracted from the article]

The article focuses on various aspects related to the establishment and operation of iron mines. It discusses the need for conducting research and exploration in known mining areas and emphasizes the importance of proper mining techniques and the use of wood in the mining process. It also mentions the necessity of finding accommodation for the workers near the mine, storing necessary equipment, and setting up a forge for tool production and repair.

6 GET SALTY The resort Madden's on Gull Lake debuts an outdoor saltwater pool this summer, and Nisswa's Grand View Lodge recently expanded its Glacial Waters Spa to include more ways to soak and relax, plus a salt room for halotherapy. Next door, Notch 8 Chow House and Drinkery pours local beers and tops its most popular pizza with stout beer sausage and wild mushrooms. If you haven't vacationed in Minnesota's Brainerd Lakes area for a while, here are 10 reasons (plus, of course, the 400 lakes) to return. [Extracted from the article]

The article focuses on LKAB's discovery of Europe's largest deposit of rare earths in Sweden, with over 1mt identified near its iron ore mine in Kiruna, playing a crucial role in the EU's pursuit of critical mineral independence from China and Russia. Meanwhile, Infinity Lithium Corp Ltd lodges an application for lithium mining in Spain, aiming to contribute to the EV market.

Fortescue Ltd., the fourth-largest iron ore miner, reported a small increase in full-year profit but fell short of analyst forecasts due to inflationary pressures and a slowdown in demand from China. The company, led by Chairman Andrew Forrest, has faced challenges in diversifying its commodities and has recently scaled back plans to become a green-energy powerhouse. Fortescue's financial performance was also impacted by higher costs, a train derailment, and poor weather conditions. Despite these challenges, the company remains committed to reaching net zero emissions by 2030 and has plans to develop green hydrogen projects globally. [Extracted from the article]

The article discusses the challenges faced by the iron ore mining industry in Australia's Pilbara region due to increasing heatwaves and extreme temperatures. The region, which is vulnerable to volatile weather, experienced record-breaking temperatures during the recent summer, causing disruptions to mining operations. Mining companies like Rio Tinto and BHP Group are forecasting a significant increase in the number of days above 40 degrees Celsius in the future, which could pose risks to employee health and infrastructure reliability. Despite these challenges, the mining industry continues to expand in heat-prone areas. [Extracted from the article]

Unions representing workers in Australia's iron ore industry are preparing to negotiate potential wage increases with major mining companies such as BHP Group and Rio Tinto. The Western Mine Workers Alliance, a coalition between the Mining and Energy Union and Australian Workers Union, has been surveying members in Western Australia's Pilbara district to raise wages and secure new contracts. This is the first time in over a decade that unions have negotiated collective worker agreements in the iron ore industry. The unions have taken advantage of recent changes to labor laws to gain access to mine sites. [Extracted from the article]

Researchers from Kemerovo State University in Russia have conducted a study on removing excess iron from natural waters and wastewaters. They found that adsorption, specifically using mineral sorption materials with aluminosilicate of AC grade, was the most effective method for purifying water from iron. The study analyzed the adsorption patterns and kinetics of iron adsorption by different sorbents, and concluded that the mineral sorption materials with aluminosilicate of AC grade were efficient in removing iron from wastewater. The research provides new insights into iron adsorption and its potential applications in industrial wastewater treatment. [Extracted from the article]

Kumba Iron Ore, a subsidiary of Anglo American Plc, has stated that South Africa's new government is open to addressing the logistics bottlenecks that are hindering iron ore exports. The company has experienced production slowdowns due to constraints in the state rail and port infrastructure. While the new government has shown willingness to collaborate, Kumba's CEO does not expect a full turnaround of the infrastructure for at least three years. The company is advocating for policy reform to allow for greater private sector participation and is working towards concessioning the port and rail assets to new operators. [Extracted from the article]

Australian billionaire Gina Rinehart's company, Hancock Prospecting Pty Ltd., is considering a $3.3 billion iron ore project in Western Australia. Hancock acquired a 51% interest in the Mt Bevan project from Legacy Iron Ore Ltd. and Hawthorn Resources Ltd., with the potential to increase its holding to 70%. Australia is the world's largest iron ore shipper, and while Chinese demand has decreased, Australian projects still have lower costs. The project would involve a 12 million ton per year mine, with ore transported through a slurry pipeline and exported from the port of Esperance. [Extracted from the article]

Rio Tinto Group has reported a modest increase in iron ore shipments from Western Australia in the second quarter, despite weakened demand from China's property market. The company's copper production also saw a significant jump, driven by increased output at its Mongolian mine. While iron ore prices have dropped this year due to decreased demand, Rio Tinto expects prices to remain above $100 a ton in 2024. The company is also diversifying its output and making progress in developing projects for lithium in Argentina, as well as copper in Canada and Serbia. [Extracted from the article]

Vale SA, the world's second-largest iron-ore supplier, is seeking approval to develop a controversial mine in southeastern Brazil. The Apolo project, which had been shelved for years, is located in a biodiverse area near a national park and has sparked opposition from locals and environmentalists. Vale aims to produce 14 million tons of high-grade ore annually from Apolo, but concerns have been raised about the potential environmental impact, including the threat to water supplies. The project is part of a larger conflict between resource companies, local communities, and environmental interests. [Extracted from the article]

Iron ore prices are expected to remain above $100 per ton for the rest of 2024 due to cost support. However, a wave of cheap supply from West Africa, particularly Guinea's Simandou project, could lower industry costs and force prices to reflect China's declining steel industry. Simandou is projected to deliver 5 million tons in 2025 and ramp up to 90 million tons by 2028, potentially reaching a capacity of 120 million tons in the next five to seven years. The project, along with other large mines scaling up operations, could put pressure on prices and lead to the closure of higher-cost mines. The slowing Chinese economy, reduced steel demand, and efforts to cut emissions and reduce overcapacity in the steel industry also contribute to the uncertain outlook for iron ore prices. [Extracted from the article]

China Baowu Steel Group has completed its purchase of a stake in the Simandou project in Guinea, which is the world's largest untapped iron ore mine. The stake was bought from Winning Consortium Simandou, which includes Singapore's Winning International Group and China Hongqiao Group. The Simandou project has faced challenges due to ownership disputes, infrastructure issues, and political changes in Guinea. The mine's other two blocks are held by Rio Tinto Plc and Chinese companies. Production from the mine is expected to begin in 2026, with plans to build a steel factory and pellet plant in the future. [Extracted from the article]

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The article outlines Rio Tinto's collaboration with Yindjibarndi Energy Corporation for up to 300MW of solar projects in the Pilbara, forming a major part of Rio Tinto's renewable energy plans. The collaboration aims to harness solar and wind power, potentially contributing up to half of Rio Tinto's required renewable generation, emphasizing the company's commitment to decarbonization and partnerships with Traditional Owners for sustainable energy solutions.

For the first part of the drive,the button grass plains are contrastedby coastal tea trees that dominate thearea due to the wet, swampy blackmarshlands. ARTHUR RIVER ONE way to explore this remote regionis to head south from the coastaltown of Arthur River (where werestocked) along Temma Road, thenfollow Rebecca Road and turn rightat Norfolk Road to the start of theWestern Explorer Road (WER). 4X4AUSTRALIA EXPLORE WESTERN EXPLORER,TASMANIA TASMANIA'S WESTERN EXPLORERHIGHWAY TRACES THE WORLD-FAMOUSTARKINE WILDERNESS AREA. [Extracted from the article]

B2Gold's Johnson says low employee turnover is an important part of his company's success. "First Nations are often the last to know about a tenure application on their land", Fogarassy says. The challenge is to align its regulations with market demands and figure out ways to encourage companies to do the right thing, Young says. When researchers from the University of Ulm in Germany and the State of Sustainability Initiatives, an international project that examines industry standards, independently looked at the different mining certifications, both found that IRMA was the best. [Extracted from the article]

Kudremuck Iron Ore Limited (also known as KIOCL), an iron ore mining and pelletization company owned by India's Ministry of Steel, has tapped TrueConf Server as its on-premises 4K video conferencing platform. [ABSTRACT FROM AUTHOR]

Brazil's National Land Transport Agency has given approval for the construction of a railway bridge over the Araguaia River as part of the Central-West Integration Railway project. The bridge is part of a larger concession contract for the Fico rail line held by mining company Vale. The Fico subsection of the rail line spans 383km and aims to improve the transportation of grains from the states of Goiás, Mato Grosso, and Rondônia to various ports for export. Vale recently sold a stake in its Serra da Serpentina iron ore mine for $158 million. [Extracted from the article]

The Brazilian government has rejected a settlement proposal from mining companies Vale SA and BHP Group Ltd. for the 2015 tailings dam disaster at their joint venture Samarco Mariana. The proposal, which would have amounted to $25.7 billion in compensation, was deemed inadequate and inappropriate by Brazil's Mines and Energy Minister. The government is now exploring legal avenues to pressure the companies into reaching a settlement. The dam collapse in 2015 resulted in the deaths of 19 people and caused significant environmental damage. [Extracted from the article]

BHP Group's proposed $39 billion combination with Anglo American could reshape the global mining industry, creating the world's largest copper producer and adding to BHP's iron ore and coal operations. However, antitrust authorities in China, South Africa, Japan, and other countries will play a crucial role in determining the outcome of the deal. In China, concerns about copper concentrate and access to key minerals may lead to regulatory oversight. South Africa, where Anglo has significant participation in the economy, may also have concerns about the deal. Chile, on the other hand, is not expected to impose significant restrictions given its reliance on copper exports. Japanese authorities may scrutinize the transaction due to the potential impact on steel mills. BHP will likely need to notify competition authorities in countries beyond the 12 in which Anglo operates. [Extracted from the article]

The Lagos Chamber of Commerce and Industry (LCCI) has expressed concern over the declining performance of Nigeria's solid minerals sector, which contributes less than 0.5% to the country's GDP. The LCCI called on the government to review the mining industry's strategy, attract investment, and address funding issues. The chamber also highlighted obstacles such as inadequate infrastructure, regulatory inconsistencies, limited financing, and security concerns. They emphasized the need for an inclusive strategy for artisanal and small-scale mining and the provision of amenities in mining areas. The LCCI believes that implementing these measures could revitalize the mining sector and contribute to Nigeria's economic growth and development. [Extracted from the article]

Brazil's Corumba region may increase iron ore shipments through Uruguay by more than double this year if there is enough water in the rivers, according to Navios South American Logistics. The company's chairwoman, Angeliki Frangou, stated that miners have expressed interest in shipping eight to ten million tons of iron ore through Uruguay's Nueva Palmira port, up from 4.1 million tons in 2023. The Hidrovia system, which connects Paraguay, Brazil, Argentina, Uruguay, and Bolivia, is a crucial waterway for South American producers to access global markets, but droughts have reduced its capacity in recent years. Navios plans to invest $300 million to expand its operations in Uruguay and build terminals in Montevideo. [Extracted from the article]