Global insight

Anglo American to Slash Workforce by 85,000 amid Commodity Slump

Anglo American has suspended its dividend and announced plans to cut its workforce by 85,000 and dispose of more than half its mines in response to the plunging price of iron ore and other metals.

Wednesday, December 9, 2015

Ambatovy Mine Continues to Perform

[Ferro-Alloys.com] The Ambatovy nickel and cobalt mine, in Madagascar, in which TSX-listed Sherritt International owns a 40 percent interest, produced 4006t of of nickel and 283t of cobalt in November. Production for the month was at about 81 percent of namepl...

Tuesday, December 8, 2015

Yildirim Group Invokes Force Majeure Due to Fire at Tikhvin Plant

A fire occurred at Tikhvin Ferro Alloy Plant in Russia owned by a Turkey's major firm, Yildirim Group on November 26. The cause is still unclear, but this group anticipated the operation to be suspended for 6 months and announced it invoked force majeure.

Tuesday, December 8, 2015

Solar Energy Widely Used In Indian Airports

The 20-year-old International airport in the South Indian city of Kochi has now become the world’s first solar-powered airport. With its new solar plant, the airport can now produce more than 50,000 units of electricity, making it self-sufficient in terms of ...

Tuesday, December 8, 2015

Strong Potential for Silicon Industry in Oman

Oman has all of the key ingredients necessary to attract international investment in the manufacture of silicon -- a strategically important metal with extensive application in metallurgy, silicone-based products, and crucially, in the production of solar pane...

Tuesday, December 8, 2015

Vale’s Onca Puma Ferronickel Operations Face Shut-Down Risk

The Onca Puma mine has a capacity of 62870t and the ferronickel processing facility has a capacity of 53000t, though it produces less than half of that.

Monday, December 7, 2015

A Nickel Crisis For BHP Billiton And Vale

The last thing two of the world’s biggest mining companies, BHP Billiton and Vale , need today is speculation that after the disaster at their jointly owned Samarco iron ore mine in Brazil they might also have to close big nickel-mining operations to stem a t...

Monday, December 7, 2015

Spot Offers Remain Under Pressure on Weak Demand for Asia FeSi

Spot offers of 75%-Si ferrosilicon in Asia remained under pressure on prevailing weak demand and intense competition from indirect shipments via Vietnam, sources said Thursday.

Friday, December 4, 2015
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