Takeover target Sirius Resources has inked a supply agreement with diversified major Glencore to supply nearly half of the planned nickel sulphide concentrate production from the Nova mine, in Western Australia.
According to the statistics of Korea Customs, Korea’s ferroalloy import volume was 102,169 mt in Jul 2015, up by 26.2% M-O-M and up by 28.5% Y-O-Y. The total import volume in Jan-Jul, 2015 was 616,269 mt, decreasing down by 4.5% Y-O-Y.
Vanadium is a soft metal that does not naturally occur in isolation. According to WebElements, it must be separated from other substances, such as carnotite, roscoelite, vanadinite, mottramite and patronite, as well as some crude oils.
Molybdenum is a metallic element that is most commonly used as an alloying agent to enhance metals’ strength and durability. It is also used for a range of chemical purposes, for instance as a lubricant or pigment. In most applications, moly has no substitute...
Australian investment bank Macquarie on August 17 announces to adjust its global nickel market supply and demand forecasts for this year, the global nickel market is expected to be 15,000 tons this year.
MOIL announced that it is continuously exploring manganese ore deposits within its mining leases. The cumulative exploration over the year has resulted in proving of Bed (Insitu) ore resources, inclusive of Reserves.
BHP Billiton spin-off South32, which launched on the sharemarket with high hopes in May, tumbled to a new low on the ASX today amid a global commodity crunch, with shares down more than 30 per cent from their high point shortly after listing.