IMFA predicts firmer ferrochrome prices this quarter
Subhrakant Panda, Managing Director of Indian Metals & Ferro Alloys (IMFA) expects ferrochrome prices to increase by ?3,000 to ?4,000 per tonne in the first quarter (April-June). |
Glencore’s Rustenburg ferrochrome smelter remains idled
Pending an improved price and cost environment, Glencore said in its first-quarter 2024 production report on Tuesday that its Rustenburg ferrochrome smelter in South Africa’s North West province would remain idled. |
Merafe reports 26% y/y decrease in first-quarter ferrochrome production
Merafe Resources has reported that its attributable ferrochrome production from the Glencore Merafe Chrome Venture in the first quarter ended March 31 was 77 000 t. |
Jubilee achieves record third-quarter chrome output
Jubilee Metals has achieved record production levels at its South African chrome operations, both on monthly output for March and for the quarter ended March 31 – which is the third quarter of the company’s 2024 financial year. |
Canada Nickel starts working on Crawford, eyes 2027 production
Canada Nickel (TSX-V: CNC) has kicked off front end engineering design (FEED) at its flagship Crawford nickel project in northern Ontario, which it expects to bring into production in 2027. |
Tharisa reports strong operational performance for the March quarter
Platinum group metals (PGM) and chrome miner Tharisa performed well, operationally, in the quarter ended March 31, CEO Phoevos Pouroulis says. |
Manhize steel plant 40pc complete
The Construction of the US$1 billion investment project that is estimated to give an annual turnover of US$1.5 billion is 40 percent complete. |
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