IFM and Anglo American Dubsidiaries in Legal Dispute over Chrome Ore Supply

Ferro-chrome producer International Ferro Metals (IFM) subsidiaries have started legal proceedings against Anglo American Platinum subsidiary Rustenburg Platinum Mines (RPM), which has terminated a chrome ore supply agreement.

Wednesday, January 6, 2016

State Guarantees Market for Small-Scale Chrome Miners

Early this week, Zimasco lifted a trading ban on chrome ore producers on its claims paving way for the miners to sell the mineral to a buyer of their choice.

Monday, January 4, 2016

Zimasco Shuts down Kwekwe Refinery

ZIMASCO, a unit of China’s Sinosteel Corporation has completely stopped operations at its ferrochrome refinery in Kwekwe after switching off furnace number five and six.

Thursday, December 31, 2015

Rohit Ferro-Tech extends validity of BTA with Balasore Alloys

Rohit Ferro-Tech (RFTL) on Monday announced the company has extended the validity of Business Transfer Agreement (BTA) with Balasore Alloys for sale of its Jajpur manufacturing unit, upto Mar. 31, 2016.

Wednesday, December 30, 2015

Zimasco Ferrochrome Deal Hailed

The government has hailed the signing of the ferrochrome deal between the Zimbabwe Mining and Smelting Company (Zimasco) and Portnex International of South Africa. Mines and Mining Development Minister Walter Chidhakwa witnessed the two companies signing a $12...

Wednesday, December 23, 2015

China Increases 3.3 Milliion Tonnes of Stainless Steel Capacity in 2015

[Ferro-Alloys.com]China increases its stainless steel capacity by about 3.3 million tonnes in 2015, mainly thanks to the new mills like Chengde Group, Guangxi Zhongjin Metal, Taihe Stainless Steel, and etc.

Wednesday, December 23, 2015

Glencore Shares Soar as Company Spurts Cash, Reports “good” China Sales

The share price of Glencore soared more than 14% in Johannesburg after the diversified mining and marketing company told investors it would remain comfortably cash positive at materially lower commodity prices, had $14-billion liquidity headroom, beat its capi...

Friday, December 18, 2015

Yildirim Will Cut 250kt Chrome Ore from January

Yildirim Group will suspend 250,000 tonnes of chrome ore production in Turkey from January 2016, because of low prices, the industrial group announced on Thursday December 17. Unprofitable mines in Kayseri, Hatay, Elazig, Konya and Fethiye will close due to...

Friday, December 18, 2015
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