Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
South African logistics group, Transnet, said on Wednesday lower global iron-ore prices had not hurt its rail business and it was on track to export a record 62-million tonnes of iron-ore in 2015/16. "We railed some 15.7-million tonnes against a budget (target) of 15.66-million tonnes in quarter one. We are still in quarter two so there is no figure yet. But yes, we are on track (to reach record)," Mike Asefovitz told Reuters in an emailed response to questions.
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