South African company Portnex International has signed a five-year deal with Zimasco, and thanks to that agreement three chrome smelting furnaces which were shut down early this year will be reopened.

ESKOM has confirmed the sale of electricity to Zimbabwe but denied that the power supply agreement with its Zimbabwean counterpart, the Zimbabwe Electricity Supply Authority (Zesa), is secret.

Ferro-chrome producer International Ferro Metals (IFM) subsidiaries have started legal proceedings against Anglo American Platinum subsidiary Rustenburg Platinum Mines (RPM), which has terminated a chrome ore supply agreement.

ZIMASCO, a unit of China’s Sinosteel Corporation has completely stopped operations at its ferrochrome refinery in Kwekwe after switching off furnace number five and six.

Rohit Ferro-Tech (RFTL) on Monday announced the company has extended the validity of Business Transfer Agreement (BTA) with Balasore Alloys for sale of its Jajpur manufacturing unit, upto Mar. 31, 2016.

The government has hailed the signing of the ferrochrome deal between the Zimbabwe Mining and Smelting Company (Zimasco) and Portnex International of South Africa. Mines and Mining Development Minister Walter Chidhakwa witnessed the two companies signing a $12...

[Ferro-Alloys.com]China increases its stainless steel capacity by about 3.3 million tonnes in 2015, mainly thanks to the new mills like Chengde Group, Guangxi Zhongjin Metal, Taihe Stainless Steel, and etc.

The share price of Glencore soared more than 14% in Johannesburg after the diversified mining and marketing company told investors it would remain comfortably cash positive at materially lower commodity prices, had $14-billion liquidity headroom, beat its capi...