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Tshipi to Slash Mn Exports, Labour Force amid Depressed Market
Tshipi é Ntle Manganese Mining will reduce exports over the the next three months by at least 35%, and by 30% in 2016, and has also started with a restructuring process that could see it cutting its workforce by up to 60%, it said on Monday. |
CosMin Financial Results for the three months and nine months to 30 September 2015
Total tonnes of manganese ore production for Q3 2015 decreased 22% compared to Q3 2014. Australian manganese ore production decreased by 41% and Ghanaian manganese ore production decreased by 3% compared to Q3 2014. Overall, total manganese ore produced year t... |
Nickel Ore’s Shortage Prop up Its Quotations (Nov 7th-Nov 11th)
[Ferro-Alloys.com] In domestic market, nickel ore price held at steady. Low-grade nickel ore 0.9-1.1% priced at 120-130yuan/t; mid-grade nickel ore 1.4-1.5% priced at 170-210yuan/t; mid-grade nickel ore 1.5-1.6% priced at 210-260yuan/t; high-grade nickel ore 1... |
Chairman Karl Liu of Ferro-alloys.Com Visited VFMSTA
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Karl Liu, the chairman of Ferro-alloys.com, paid a visit to Vietnam Foundry & Metallurgy Science and Technology Association (VFMSTA) and took a meeting with the Vice Chairman and General Secretary CHU DUC KHAI on the morning of December 14th during his busines... |
FMI Announces Shutdown of Sierrita Mine
Freeport-McMoRan announced Wednesday a “full curtailment” of its Sierrita mine in Pima County that will mean an additional 450 jobs lost. |
General Moly, Inc. (GMO) Short Interest Down 1.2% in November
General Moly, Inc. (NYSE:GMO) saw a significant drop in short interest in the month of November. As of November 13th, there was short interest totalling 1,461,080 shares, a drop of 1.2% from the October 30th total of 1,478,369 shares, Market Beat Ratings repor... |
Weak Demand Weighs on Ferrous Nickel Price (Nov 7th-Nov 11th)
[Ferro-Alloys.com] Ferrous nickel price maintained at a low level, but weak demand makes little transactions in the market. Low-grade ferronickel 1.6-1.8% priced at 1550-1600yuan/t, a decrease of 20yuan/t; mid-grade ferronickel 4-6% priced at 720-730yuan/nicke... |
The Price of Chinese SiMn Products Remained Stable (Dec 7th – Dec 11th )
[Ferro-alloys.Com] The price of Chinese silicon manganese products remained at a low level during the past week. The Current quotation of silicon manganese 6517 was RMB3900-4000/mt in Ningxia. The mainstream quotation of silicon manganese 6517 was RMB3950-40... |
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