Sponge Iron Industry in Odisha Stares at Dead-End

It was a boom for five years. With high profit margins, easy availability of iron ore and coal, and better logistics, Odisha became a hot seat for sponge iron industry in India during 2005-2010, leading to mushrooming of sponge iron units – 95 of them. Howeve...

Monday, September 28, 2015

Zimasco Targets Cost-Effective Chrome Mining

ZIMASCO says there is need for extensive exploration so more chrome ore bodies can be identified to enable cost-effective mining of the thin chrome ore seams of the Great Dyke.

Monday, September 28, 2015

AFARAK GROUP OYJ’S HOLD RATING REAFFIRMED AT INVESTEC (AFRK)

Chinese chrome smelting company, Afrochine’s Selous smelting plant is failing to reach full production capacity due to feedstock shortages, the company has said. The company is considering increasing production following the recent lifting of a ban on chrome ...

Monday, September 28, 2015

Four Foreign Chrome Buyers Identified

Government has identified four potential international buyers of chrome ore while issuance of export licences to local producers has started, a senior official has said.

Thursday, September 24, 2015

LC FeCr Production Cost Down with New Process

[Ferro-Alloys.com]One of China's largest ferrochrome producers lowered its production cost by around RMB1,000/T after adopting a new technology this month, which sharpened its edge in the market. Introducing new technology and process to cut the production cos...

Wednesday, September 23, 2015

No Cheers for Chrome Miners

Chrome ore mining companies are yet to benefit from the lifting of a ban on exports of chrome ore of up to 30 million tonnes amid indications that little will be exported this year pending finalisation of export licences.

Tuesday, September 22, 2015

Chrome miners in catch 22

Dosman Mangisi Mining Correspondent SCORES of small scale chrome miners are in a fix as they cannot sell their produce at competitive prices four months after the government lifted the ban on the raw export of the mineral.

Monday, September 21, 2015

Government intervention to save steel industry ‘too late’ – Vavi

Nava Bharat Ventures Ltd has informed BSE that the Company has entered into a Conversion Agreement with M/s. Tata Steel Limited (TSL) for conversion of Chrome Ore into Ferro Chrome, and the arrangement will commence upon.the receipt of ore and reductants from ...

Wednesday, September 16, 2015
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