[Ferro-Alloys.com] Nickel’s low price in London Metal Exchange (LME) stayed at 8,500-9,000USD/T and in Shanghai Futures Exchange (SHFE) priced at 65,000-70,000USD/T which performs pretty stable before the coming interest rate hike in America. Since November 2...
Repeated pleas by the ferro alloy manufacturing industries to the AP government seeking electricity supply at an affordable price appears to be falling on deaf ears as three ferro alloy industries have downed shutters in the last 15 days in the state.
Global miner Rio Tinto (RioTinto) said recently that the company plans to increase its aluminum production output of 10%, despite global aluminum production surplus. It expects to produce about 2.6 million tons of aluminum in 2016.
The latest exploration at Salt Creek – which included two traverses of aircore drilling to follow up detailed survey work at two coincident gravity and magnetic features – intersected three zones of mafic intrusive rocks that appear to be largely coincident ...
Swiss miner Glencore says it might close more Australian mines if weak commodity prices persist, with the Murrin Murrin nickel mine in Western Australia the next probable candidate.