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.

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...

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.