Global insight

Glencore Leads Mining Slump

Glencore Plc led a global slump in mining shares on concern China’s decision to devalue the yuan will sap demand for commodities.

Wednesday, August 12, 2015

December 2015 – New Commissioning Date for 55kt Tata Ferrochrome Plant

December 2015 is the new target date for Tata Steel to commission a 55kt per annum ferrochrome plant in Gopalpur, Odisha. Two previous dates – March and July 2015 – have been and gone and the company blamed delays on the installation of power transmitters.

Wednesday, August 12, 2015

New Nickel Copper Discovery at Double Magic Ni-Cu Project

Buxton Resources Limited (ASX: BUX & BUXO) advises that it has discovered significant nickel and copper sulphide mineralization in its first reverse circulation (RC) drilling program at its 100% owned Double Magic Nickel-Copper (Ni-Cu) Project in Western Austr...

Wednesday, August 12, 2015

Turkish Ferroalloys Import Slightly Down by 9.2% in H1 of 2015

In Jun 2015, Turkish ferroalloy export was 4,259 mt, dropping down by 41.5% M-O-M and dropping down by 206% Y-O-Y. In H1 of 2015, the total export was 37,391 mt, down by 40.5% Y-O-Y. Netherlands and Canada were the main importers of Turkish ferroalloys.

Wednesday, August 12, 2015

Eskom Unveils New Coal-Sourcing Strategy as it Pursues R2bn Optimum Claim

State-owned electricity utility Eskom has confirmed an overhaul to its coal-sourcing model, which could result in it withdrawing from its historical cost-plus arrangements with “tied collieries” in favour of arms-length commercial contracts with coal supplie...

Wednesday, August 12, 2015

Eskom still Looking to Close ‘gap’ between Actual and ‘Cost-Reflective’ Tariffs

State-owned electricity utility Eskom has again argued that South African consumers are not yet paying “cost-reflective tariffs” and has indicated that it will continue to pursue revenue “claw backs” through the National Energy Regulator of South Africa’s...

Wednesday, August 12, 2015

Brazil’s Ferroalloy Import Rose Up by 63.3% in H1 of 2015

In June, 2015, Brazil exported 23,326 tons of ferroalloy, slightly down by 1% M-O-M and decreasing down by 25.2% Y-O-Y. In H1 of 2015, Brazil totally exported 232,349 tons of ferroalloys, up by 15.2% Y-O-Y. The materials including ferronickel, ferrosilicon and...

Wednesday, August 12, 2015

South Africa Ferroalloys Export Slightly Down by 6.6% in H1 of 2015

In Jun 2015, South African ferroalloy export was 336,185 mt, dropping down by 24.4% M-O-M and dropping by 9.6% Y-O-Y. In H1 of 2015, the total export was 2,244,100 mt, down by 6.6% Y-O-Y. China, South Korea, Japan, USA and Taiwan China were the main importers ...

Wednesday, August 12, 2015
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