As planned, the iron-ore production of Kumba Iron Ore in the three months to September 30 was lower, largely owing to the ultrahigh-dense-media-separation (UHDMS) project tie-in at Sishen, but third-quarter sales were supported by the drawdown of finished stock lifting sales to a 3%-higher ten-million tons. Market conditions softened through the quarter as weaker Chinese steel production, compressed mill margins and strong seaborne supply weighed on prices, but despite these headwinds, Kumba continued to realise a premium to benchmark prices, underpinned by the quality of its lump iron-ore products and its diversified customer base.
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02Nov2026
