Global insight

ICBC Standard Bank Names Mark Thompson Head of Base Metals Trading

ICBC Standard Bank has appointed Mark Thompson, a former executive at trading house Trafigure’s asset management business, head of its global base metals trading.

Tuesday, January 19, 2016

Solar Power Starts Ascent In Texas

For years, Texas consumers have been buying electricity through renewable energy plans. Now TXU Energy, the state’s largest electricity retailer, has added a twist: 100 percent solar power.

Tuesday, January 19, 2016

Vietnam’s Steel Imports Raise in 2015

Vietnam Steel Association (VSA) has announced in 2015, Vietnam imported 13.7 million tons of steel products, an increase of 22.56% year on year, including more than 1.78 million tons of billet, an increase of 198% year on year.

Tuesday, January 19, 2016

Small Scale Miners Yearn for Ferrochrome Smelters

THE government’s decision to lift a four-year ban on exporting raw chrome mid-last year gave hope to a sector that was on the verge of collapsing. It was sweet music to the ears of most artisanal chrome miners and companies who were stuck with piles of chrome...

Tuesday, January 19, 2016

Queensland Nickel Enters Voluntary Administration

The embattled Queensland Nickel on Monday announced that the company had gone into voluntary administration, as it struggled to stay afloat.

Tuesday, January 19, 2016

Brazil's Export of Manganese Ore in December 2015

According to the customs statistics of Brazil, the total export volume of manganese ore in December 2015 was 222,210 tons (material quantity), down by 0.8% from 224,039 tons in the prior month.

Tuesday, January 19, 2016

Queensland Nickel Cuts 237 Jobs at Townsville

Embattled nickel miner Queensland Nickel on Friday announced that 237 workers would be made redundant at its Townsville operations.

Monday, January 18, 2016

Zimasco Applies for Judicial Management

Zimbabwe’s largest ferrochrome producer, Zimasco, has approached the High Court seeking to be placed under judicial management. The company identified Grant Thornton managing partner Reggie Saruchera as the judicial manager.

Monday, January 18, 2016
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