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South Africa mining rebounds in Q3 as iron ore, PGMs lift output and sales

Iron ore mining site. Photo by Bishnu Sarangi @ Pixabay
Iron ore mining site. Photo by Bishnu Sarangi @ Pixabay
  • Iron ore output jumps nearly 25%, driving October production rebound
  • PGM sales surge despite global trade and tariff uncertainty

 

JOHANNESBURG, SOUTH AFRICA – South Africa’s mining sector rebounded sharply in October, led by iron ore output and a surge in platinum-group metal sales, official data showed.

South Africa’s total mining production rose 5.8% year on year in October, while mineral sales climbed 13.3%, according to figures released by Statistics South Africa.

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