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... |
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... |
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. |
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... |
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. |
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. |
Eskom still Looking to Close ‘gap’ between Actual and ‘Cost-Reflective’ Tariffs
State-owned electricity utility Eskom has again argued that South African consumers are not yet paying “cost-reflective tariffs” and has indicated that it will continue to pursue revenue “claw backs” through the National Energy Regulator of South Africa’s... |
Eskom Unveils New Coal-Sourcing Strategy as it Pursues R2bn Optimum Claim
State-owned electricity utility Eskom has confirmed an overhaul to its coal-sourcing model, which could result in it withdrawing from its historical cost-plus arrangements with “tied collieries” in favour of arms-length commercial contracts with coal supplie... |
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