Ukraine & Russia: Silicomanganese, June 2015

Metals developer Axiom Mining has raised 5 million dollars through a private share placement to fund the ongoing development of its Isabel nickel project, in the Solomon Islands.

[Ferro-Alloys.com]In mid-July, producers in India are quoted /traded the export price for silicon manganese 6014 at USD725-730/mt on FOB basis

In 2Q15, Vale manganese ore output from Carajas Azul manganese mine decreased by 15.1% when compared to 1Q15, reaching 346,000 t in 2Q15, as a result of a shedueled maintenance stoppage in 2Q15.

Ferroalloy anti-dumping duties from the European Union should come in by September 2015, an industry source said.

Just four-five short years ago even the flimsiest prospect or project could look forward to lavish funding and a fat market cap. Today even those juniors doing the right thing at the right time still cannot attract investors to take it to the next level.

A boom-time will come in another 2-3 years during which the steel industry will rebound and along with it will increase the consumption of ferro alloys. But the industry needs to give the present government another 2-3 years' time, an industry insider informe...

Minister of State for Steel and Mines Prafulla Kumar Mallick on Wednesday said that the inter-departmental committee on mines has recommended reopening of seven non-captive mines in the State.