Nickel miner Poseidon Nickel has renegotiated its convertible notes, reducing the face value of the notes from $35-million to $17.5-million and extending the term of the notes by 42 months. The notes were originally issued in two tranches for a total face valu...
China plays a dominant role in the tungsten industry. It accounts for about 84.5 percent of the world’s total output, and is a net importer of tungsten concentrates; as a result, it heavily influences the tungsten price.
The International Manganese Institute (IMnI) just put out its research report for October, giving a good overview of manganese supply and demand trends.
It is reported that the U.S. Department of Commerce announced to impose preliminary duties on some steel products from China. There were Six American steelmakers including U.S. Steel filed trade complaints against China imports. The Commerce Department establi...
Eclipse Metals (ASX:EPM) is gearing up for new exploration at its manganese and uranium properties with a fundraising drive targeting up to A$970,660 before costs.
Industry officials will love to believe the worst is over for the ferroalloys industry and prices of intermediate products that go into adding strength and rust proofing of carbon, alloy and stainless steel, have bottomed out. Crystal gazing into commodity pri...