Scrapping Export Duty on Chrome to Hit JSL Revenue by Rs 300 Crore
Government's decision to scrap export duty on chrome will adversely impact India's largest stainless steel maker, Jindal Stainless, which said the move will lead to a Rs 300-crore annual revenue loss. |
Zimasco Cedes Chrome Claims to Govt
Zimbabwe’s largest ferrochrome producer, Zimasco has ceded 50 percent of its chrome claims to Government to enable new investors to explore the chrome mining sector, a senior company official said. The move is in line with a directive that was issued by Gover... |
Armco Metals Holdings, Inc. Receives Notice of Non-Compliance With NYSE MKT Continued Listing Requirements
Frank Smeenk the President and CEO of KWG Resources, one of three leading mining companies vying for opening up the mineral rich but inaccessible track in Northwestern Ontario known as the Ring of Fire, believes in finding solutions to seemingly intractable pr... |
Armco Metals Holdings, Inc. Receives Notice of Non-Compliance With NYSE MKT Continued Listing RequirementsIFM creditors to vote on amended BRP, acquisition price lowered to R520m
Creditors of International Ferro Metals (IFM) will, on March 24, vote on an amended business rescue plan (BRP) for subsidiary IFM South Africa (IFMSA), with the BRP outlining a decrease in the purchase price payable by Samancor Chrome to an estimated R520-mill... |
Rand offsets weaker prices for platinum, chrome producer Tharisa
Weaker dollar platinum group metals (PGMs) and chrome prices in the three months to end March were partially offset by local currency decline which lifted the rand prices, JSE-listed and Cyprus-domiciled Tharisa reported on Thursday. |
Geochemical mapping of KZN leads to discovery of new target zones
Council for Geoscience (CGS) has carried out a semiregional geochemical survey of the Tugela Terrane, in KwaZulu-Natal, which has resulted in the delineation of several new target areas for follow-up studies and a few geological anomalies near to known mineral... |
Chrome ore: Firms Deek Export Duty Re-Imposition
Ferro chrome producers such as Jindal Stainless and Visa Steel have urged the government to re-impose 30% export duty on chrome ore as India’s insufficient reserves have been depleting fast.Chrome ore is used for production of ferro chrome, an important raw m... |
Nava Bharat Ventures Gains after Signing Pact with Tata Steel for Chrome Ore Conversion
Nava Bharat Ventures rose 1.66% at Rs 165 at 10:10 IST on BSE after the company said that it has entered into an agreement for renewal of conversion arrangement of chrome ore into ferro chrome with Tata Steel. |
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