Zimbabwe: 'Exploit Chrome Resources Fully'

ICE PRESIDENT Emmerson Mnangagwa has implored the Zimbabwe Mining and Smelting Company (Zimasco) and ZimAlloys to use the chrome ore reserves they have across the country or risk losing them. Addressing people gathered for the official opening of Dazzle Supers...

Tuesday, August 18, 2015

IFM Fights Low Ferrochrome Price, Higher Input Costs

International Ferro Metals’ (IFM’s) financial performance and cash flows will likely remain under pressure unless there is a “sustained improvement” in the ferrochrome price, which has been hovering at the same level for three consecutive quarters.

Monday, August 17, 2015

Government Takes Steps to Boost Its Fragile Economy

Armco Metals Holdings, Inc. ("Armco Metals Holdings" or "the Company") (NYSE MKT:AMCO), a U.S. based company that engages in the import, sale, and distribution of metal ore and non-ferrous metals in the People's Republic of China, recycles scrap metals used by...

Monday, August 17, 2015

Armco Metals Holdings Announces Financial Results for the First Quarter of 2015

Armco Metals Holdings, Inc. ("Armco Metals Holdings" or "the Company") (NYSE MKT:AMCO), a U.S. based company that engages in the import, sale, and distribution of metal ore and non-ferrous metals in the People's Republic of China, recycles scrap metals used by...

Monday, August 17, 2015

NRZ Volumes up 150 percent

THE National Railways of Zimbabwe’s volumes have increased 150 percent since the beginning of the year spurred by an increase in coal production at the country’s major mines.

Monday, August 17, 2015

Optimum Rescue Chance Reasonable if Eskom Deal Renegotiated – Glencore

The directors of Optimum are of the view that there is a reasonable prospect of rescuing Optimum Coal if the supply agreement with Eskom can be renegotiated, Glencore said on Thursday. Optimum Coal announced on August 4 that it had begun business rescue procee...

Friday, August 14, 2015

Brazil’s Ferbasa Sales up in Apr-Jun

According to Brazil’s Ferbasa said that its sales of high carbon ferro-chrome totaled 29,136 tons during April to June, increasing by 4.7% year on year.

Thursday, August 13, 2015

December 2015 – New Commissioning Date for 55kt Tata Ferrochrome Plant

December 2015 is the new target date for Tata Steel to commission a 55kt per annum ferrochrome plant in Gopalpur, Odisha. Two previous dates – March and July 2015 – have been and gone and the company blamed delays on the installation of power transmitters.

Wednesday, August 12, 2015
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