Business Movement

BHP Commentary and Outlook for Nickel

Thu, 20 Feb 2020 04:15:00 GMT
Global mining giant BHP said “Nickel prices ranged from USD 12,025 per tonne to USD 18,625 per tonne over the first half of the financial year, averaging USD 15,495 per tonne. The major infl...
Tags: NickelNickel MetalNickel OreFerro Nickel

Eramet freezes lithium mine project in Argentina

Thu, 20 Feb 2020 02:50:00 GMT
Eramet has postponed an Argentine lithium mine project aimed at shifting the group's focus towards electric vehicle minerals, it said, citing economic and regulatory uncertainty in the debt-st...
Tags: ManganeseManganese OreRare EarthOther

Inner Mongolia Ganfeng Titanium Industry Co. LTD will maintain high titanium slag in normal production

Wed, 19 Feb 2020 06:07:00 GMT
www.ferroalloynet.com:Inner Mongolia ganfeng titanium industry co., LTD., founded on September 28, 2012, its business scope includes permitted business items: no general business items: production...
Tags: TitaniumTitanium OreHigh Titanium Slag

Eskom needs cash injection to avoid debt crisis-CEO

Wed, 19 Feb 2020 04:01:00 GMT
Ailing power utility Eskom urgently needs more cash to stabilise its ballooning debt pile with the funds coming from a rise in tariffs or new equity, new CE Andre de Ruyter told lawmakers on Tuesd...
Tags: ManganeseChromeChrome OreFerro ChromeFerro ManganeseManganese OreSilicon Manganese

Glencore plans leadership shakeup this year, says CEO

Wed, 19 Feb 2020 03:32:00 GMT
Glencore (GLEN.L) will make more changes to its front bench this year, Chief Executive Ivan Glasenberg said on Tuesday, as the world’s largest commodities trader hastens a transition to a ne...
Tags: ChromeChrome Ore

ARM's basic earnings expected to rise

Tue, 18 Feb 2020 05:09:00 GMT
Diversified miner African Rainbow Minerals (ARM) expects its basic earnings for the first half of the 2020 financial year to increase by between 60% and 65% to between just over R2-billion and R2....
Tags: ManganeseNickelNickel OreManganese Ore

Lower chrome prices drag down Merafe's headline earning

Tue, 18 Feb 2020 04:17:00 GMT
JSE-listed Merafe Resources expects to report a basic loss a share of between 52.9c and 58.3c for the year ended December 31. The company also anticipates a headline loss a share of between 2.3c a...
Tags: ChromeFerro Chrome

Bids in for Vale nickel company in New Caledonia

Tue, 18 Feb 2020 02:54:00 GMT
The Vale nickel company in New Caledonia says three bids are in to buy the 95 percent stake put up for sale by Vale of Brazil. The head of its Noumea-based subsidiary has declined to name them but...
Tags: NickelNickel MetalNickel OreFerro Nickel

FerroAlloyNet domestic online conference - Discussion on vanadium market under epidemic situation

Fri, 14 Feb 2020 07:00:00 GMT
www.ferroalloynet.com:Affected by the novel coronavirus epidemic situation, the domestic vanadium plants have generally delayed construction after the festival. Up to now, the resumption is still ...
Tags: VanadiumVanadium PentoxideFerro VanadiumVanadium NitrogenAmmonium Metavanadate

India's GS Mishra & Sons has acquired the rights to the Gorumahisani iron ore mine

Thu, 13 Feb 2020 05:19:00 GMT
On February 11th India's Ghanashyam Misra Sons, a mining company, won a 115% premium to retain the Gorumahisani iron ore deposit in an auction in the state of orissa. A total of 11 mining comp...
Tags: Iron Ore