Global insight

Smelters Need Support to Survive

Smelters and foundries need support if they are to survive. As a start, Eskom has to sort out its electricity supply problems, and government’s R4-trillion infrastructure plan needs to get under way soon.

Friday, September 5, 2014

India Ferro Silicon Prices Rise by INR 500/MT

Ferro Silicon prices gain marginally on the ground of stronger buying activity. Market sources assume prices to remain stable and perhaps strengthen in the coming month.

Friday, September 5, 2014

Nickel Revenue of Norilsk Nickel declined 3% in H1 2014

In 1H2014, nickel revenue of Norilsk Nickel declined 3% y-o-y to USD 2.1 billion. Though the average realized price recovered by 3% y-o-y, nickel sales revenue was negatively affected by a 4.5% y-o-y decrease in physical sales volume. Nickel remained the larg...

Thursday, September 4, 2014

JSL awarded Highest Allocation in OMC Chrome Ore Auction in Aug.

Jindal Stainless Limited (JSL) has got the highest allocation of 15,300 MT Friable ore among the inside -state (Odisha) bidders in the August round of Chrome ore e-auction followed by Visa Steel with 10,700 MT.Meanwhile, Rohit Ferrotech has got an allocation o...

Thursday, September 4, 2014

Bushveld Minerals updates on Bushveld Vanadium Project in South Africa

Bushveld Minerals Limited (AIM: BMN), a mineral development company focused on iron, vanadium and tin projects in southern Africa, is pleased to provide an operations update for its Main Magnetite Layer ("MML") vanadium project in Limpopo Province, South Afric...

Thursday, September 4, 2014

Largo makes first shipment of vanadium pentoxide

Largo Resources Ltd. ("Largo" or the "Company") is extremely pleased to announce that it has made its first shipment of vanadium pentoxide from its Maracas Menchen Mine ("the Project") located in Bahia State, Brazil.

Thursday, September 4, 2014

Ramatlhodi Pushes for Larger BEE Participation in BHP spin-off

The South African government is hoping to negotiate greater black economic-empowerment (BEE) participation in the BHP Billiton spin-off company that will host many South African mining assets.

Wednesday, September 3, 2014

Iceland’s Ferrosilicon Shipment Rising Up by 58.9% in July 2014

In July 2014, Iceland exported 11401 tons of ferrosilicon, up by 58.9% Y-O-Y and up by 26.9% Y-O-Y. The materials were mainly shipped to Holland, Spain and Germany with quantities respectively at 3335 tons, 2501 tons and 2241 tons, which were all violently ris...

Wednesday, September 3, 2014
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