Despite Covid-19-related global economic challenges and uncertainty, African Rainbow Minerals (ARM) on Wednesday reported record headline earnings of R5 039-million for the six months to December 31. This represented a 134% increase compared with the corresponding of 2019 and was underpinned by higher US dollar iron-ore and platinum group metal (PGM) prices, coupled with increased export iron-ore and manganese ore sales volumes.
from Engineering News | Home https://ift.tt/3uNPqje
