Zimbabwe: Zimasco Still Pursues Judicial Management

Zimbabwe's largest ferrochrome producer Zimasco is still pursuing judicial management amid reports that some of the creditors had started attaching the company assets in a bid to recover debts.

Sunday, February 14, 2016

Merafe Resources Expects an Increase in its Earnings for The Year

Merafe Resources Limited, a South African-based ferrochrome exploration and development company, released its production report and trading statement for the year ended 31 December 2015.

Thursday, February 4, 2016

South Africa Remains Zim’s Largest Trading Partner

South Africa has remained Zimbabwe’s largest trading partner in the month of December 2015 with goods such as tobacco and minerals topping the export list by the later, statistics released by ZimStat show.

Thursday, February 4, 2016

ASIA FERROCHROME: JAPAN PRICES FALL TO 10-YEAR LOW OF 60-62 CENTS/LB

Japan's spot high-carbon ferrochrome prices fell to a 10-year low of 60-62 cents/lb CIF Japan this week as keen spot sellers emerged amid the seasonal pre-Lunar New Year holiday lull, according to Platts' assessments.

Monday, February 1, 2016

China’s Large Ferrochrome Producers Expected to Start Operation in June

[Ferro-Allys.com]Despite the dramatic decline in the ferrochrome prices in recent years, China’s investment in chrome industry never stops. A new ferrochrome project in Southern China is currently in construction, which is expected to complete and be put into...

Friday, January 29, 2016

SOUTH AFRICA'S IFM SETTLES CHROME ORE SUPPLY DEAL WITH RUSTENBURG

International Ferro Metals has entered into a settlement agreement with Rustenburg Platinum Mines regarding its interests under a chromite supply agreement under which Rustenburg is obliged to supply UG2 chrome ore to IFM, the South African ferrochrome produce...

Friday, January 22, 2016

Troubled Smelter Firm Seeks Court Order for Supply of Ore

International Ferro Metals might have overplayed its hand when it approved a business rescue plan to sell its smelting business to its neighbour, Samancor, although it knew that Rustenburg Platinum Mines , owned by Anglo American Platinum , could suddenly stop...

Monday, January 18, 2016

Zimasco Applies for Judicial Management

Zimbabwe’s largest ferrochrome producer, Zimasco, has approached the High Court seeking to be placed under judicial management. The company identified Grant Thornton managing partner Reggie Saruchera as the judicial manager.

Monday, January 18, 2016
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