China is expected to slash in half the rate of steel production in Tangshan, a city in the north-east that produces 11 per cent of the country’s total output
CEO Patrick Pouyanne said the company’s priority was "value over volume", adding that oil sands were among the high breakeven projects in Total's portfolio.
The Canadian miner said measure was taken after violent groups blocked main road to the mine, which has prevented essentials from reaching the operation.
Companies have reached agreement for the expansion of Cat® Command for Hauling at Fortescue’s iron ore mines in the Pilbara region of Western Australia.