The management of BHP's spin-off of unwanted assets, South32, will have little choice but to chase acquisitions if they want to pursue growth, according to Deutsche Bank.
Sakura Ferroalloys SDN BHD is a joint venture between mining house, Assmang Limited (South Africa), trading giant, Sumitomo Corporation (Japan) and manufacturer, China Steel Corporation (Taiwan).
Sakura Ferroalloys Sdn Bhd, which is expected to commission its manganese alloy smelting plant in Samalaju Industrial Park, Bintulu in October, is eyeing major steel manufacturers to sell its products.
[Ferro-Alloys.com] It is reported that imports for manganese ore at Lianyun port expanded to 625.1 thousand tons in 2014, registering an increasing of 15.52% based on the same period of last year