Global insight

Chinese metal miner steps up overseas buying

[Ferro-Alloys.com] China Molybdenum Co. has announced a bid to buy two metal mines as it accelerates overseas acquisitions to increase its share in global metal mineral reserves. The company plans to raise up to 18 billion yuan (2.77 billion U.S. dollars) thr...

Monday, May 23, 2016

China Molybdenum to Raise Up to CNY18 Billion Via Share Placement in China

[Ferro-Alloys.com] The board of China Molybdenum Co. (3993.HK) has approved a plan to raise as much as 18 billion yuan ($2.8 billion) via a share placement in China to fund acquisitions. The Chinese mining-and-processing company, which earlier this month ag...

Monday, May 23, 2016

Nickel, Tin Markets in Small Deficit

Global nickel market ended in small deficit of 8,400 tonnes in January-March 2016 with apparent demand exceeding production. According to WBMS, the calculated full year surplus had stood at 33.6 kt during the whole year 2015.

Monday, May 23, 2016

Indonesia’s PT Antam Q1 Nickel Output Drops

[Ferro-Alloys.com]Indonesia’s PT Antam Tbk said that the company produced 4,357 tons of nickel in the first quarter, decreasing by 3.4% from 4,512 tons in the same period of last year.

Friday, May 20, 2016

Brazil’s Ferbasa Domestic Sales of Ferro-silicon Plunge in Jan-Mar

Brazil’s Ferbasa said that its domestic sales of high carbon ferro-chrome totaled 31,377 tons during January to March, decreasing by 25% year on year.

Friday, May 20, 2016

Ferrochrome Industry Seeks Patnaik's Push to Restore Export Duty

[Ferro-Alloys.com]Plagued by financial stress and concerns of cheaper imports from China and Malaysia, the domestic ferrochrome companies have sought Odisha Chief Minister Naveen Patnaik's intervention to restore the 30 per cent export duty on chrome ore and c...

Friday, May 20, 2016

South Africa Chamber of Mines Says Half of Members in the Red

[Ferro-Alloys.com]South Africa’s Chamber of Mines warned Wednesday that nearly half of its members were in loss-making territory as a result of a sustained rout in commodity prices, climbing costs, falling productivity and regulatory issues.

Friday, May 20, 2016

India March Mineral Production down

[Ferro-Alloys.com]India's index of mineral production of mining and quarrying sector for the month of March 2016 has been recorded at 148.8 which is 0.1% lower as compared to March 2015. The cumulative growth for the period April- March 2015-16 over the corres...

Friday, May 20, 2016
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