Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, OMX: AFAGR) refers to its announcement from 2nd January 2015 regarding the sale of saw mill equipment and announces that it has concluded further agreements for the sale of parts of the saw mill equipmen...

A major fire broke out in Anantpur village based TS Alloys factory situated in Athgarh, Cuttack district of Odisha late last night, a blast furnace of the steel factory was completely gutted in the accident.

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...