A recent deterioration in profits among China's steel producers is boosting the prospects of lower-grade iron ore producers such as Fortescue Metals Group, with steelmakers expected to shift their focus to reducing costs rather than boosting volumes if margins continue to decline.
Danakali has appointed Danny Goeman as chief executive. Mr Goeman is a highly experienced mining industry professional who joined Danakali in 2016 as head of marketing.
