ZIMBABWE Alloys stands to unlock about $225 million from the export of three million tonnes of chrome ore over five years if Government grants the company’s application for an export licence.

[Ferro-Alloys.com]It is reported that Japan’s stainless steel mills have settled contract prices of high carbon ferro-chrome at average US$116 cents/lb in the third quarter of 2015, holding steady from the previous quarter.

Tata Steel has set a fresh target of December, 2015 for commissioning of 55,000 tonnes per annum (tpa) capacity ferrochrome plant at Gopalpur in Odisha.

The Tata Steel has executed supplementary lease deed for its Sukinda Chromite Mine following approval of lease extension by the State Government.

According to MEPS, global crude stainless steel production is expected to reach a new record of 42.2 million tons in 2015.

[Ferro-Alloys.com]One of China's large high-carbon ferrochrome producer in Inner Mongolia, whose ferrochrome furnaces are currently under maintenance, planned to restart its production in late-August after finishing the maintenance.

Mineral Resources Minister Ngoako Ramatlhodi says international mining giant Glencore should have looked at alternatives to retrenchments, including shifting workers to vacancies in other operations, before considering the potential retrenchment of about 1 000...

Iron ore exports to China provided a short-lived boom to the state economy. The mining companies made millions but the state squandered the gains by failing to beef up local industry.