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Merafe Resources’ Share Price Drops on Earnings Warning
MERAFE Resources’ share price fell 8.42% to 87c on Tuesday morning after the ferrochrome producer warned shareholders its interim earnings were expected to halve. |
Tata Steel KZN finally sold
Durban - A bidding war between two companies to buy out the “hopelessly insolvent” Richard’s Bay-based Tata Steel KZN has been put to bed with a ruling by a Durban High Court judge sanctioning its sale to an international metals merchant with mining interes... |
Ferrochrome Industry Seeks Patnaik's Push to Restore Export Duty
[Ferro-Alloys.com]Plagued by financial stress and concerns of cheaper imports from China and Malaysia, the domestic ferrochrome companies have sought Odisha Chief Minister Naveen Patnaik's intervention to restore the 30 per cent export duty on chrome ore and c... |
Scrapping Export Duty on Chrome to Hit JSL Revenue by Rs 300 Crore
Government's decision to scrap export duty on chrome will adversely impact India's largest stainless steel maker, Jindal Stainless, which said the move will lead to a Rs 300-crore annual revenue loss. |
Armco Metals Holdings, Inc. Receives Notice of Non-Compliance With NYSE MKT Continued Listing RequirementsIFM creditors to vote on amended BRP, acquisition price lowered to R520m
Creditors of International Ferro Metals (IFM) will, on March 24, vote on an amended business rescue plan (BRP) for subsidiary IFM South Africa (IFMSA), with the BRP outlining a decrease in the purchase price payable by Samancor Chrome to an estimated R520-mill... |
Armco Metals Holdings, Inc. Receives Notice of Non-Compliance With NYSE MKT Continued Listing Requirements
Frank Smeenk the President and CEO of KWG Resources, one of three leading mining companies vying for opening up the mineral rich but inaccessible track in Northwestern Ontario known as the Ring of Fire, believes in finding solutions to seemingly intractable pr... |
Nava Bharat, Tata Steel in Pact for Chrome Ore Conversion
Nava Bharat Ventures Ltd has entered into an agreement with Tata Steel Limited for a period of 4 years commencing from April 2016 for conversion arrangement of Chrome Ore into Ferro Chrome. This is a renewal agreement. |
4 Top Chromium-producing Countries
South Africa was the largest producer by a long shot in 2015, followed by Kazakhstan, Turkey and India. |
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