Global insight

Iron Ore Specialists Take $10b Hit as Prices Slump

The crashing iron ore price has wiped more than $10 billion of value off Australia's four key pure-play iron ore miners so far this year, with Atlas Iron worst hit by the broad sell-off.

Tuesday, November 11, 2014

Brazil’s Ferroalloy Export in September Up by 13.4% M-O-M

In September, 2014, Brazil exported 28849 tons of ferroalloy, up by 13.4% M-O-M and down by 23.3% Y-O-Y. In Jan-Sep, 2014, Brazil totally exported 286,635 tons of ferroalloys, up by 4.6% Y-O-Y. The materials including ferronickel, ferrosilicon and ferroniobium...

Tuesday, November 11, 2014

General Moly Posts Losses of US$3 Million

US Molybdenum mining company General Moly has posted net loss for the three months ended September 30, 2014 of US$3.2 million compared to net income of US$2.6 million for the same period of 2013.

Tuesday, November 11, 2014

Thompson Creek Metals Reports Moly Production

Thompson Creek Metals Company Inc has posted molybdenum production from its Thompson Creek and Endako mines of 6.6 million pounds for the third quarter of 2014 and 21.9 million pounds for the nine months ended September 30, 2014.

Tuesday, November 11, 2014

Molycorp Q3 Results: 6% Revenue Increase

Molycorp Inc has reported consolidated net revenues in the third quarter of 2014 of US$123.9 million, a 6% increase over the preceding quarter.

Tuesday, November 11, 2014

US Ferroalloys Import Volumes Sharply Down in September of 2014

According to the statistics of US International Trade Commission, American ferroalloy export volume was 10,167 mt in September 2014, slightly up by 1.5% M-O-M and up by 14.4% Y-O-Y. The total export volume in Jan-Sep of 2014 was 97,700mt, up by 10.2% Y-O-Y.

Monday, November 10, 2014

Globe Specialty Metals Reports Strong First Quarter Fiscal 2015 Results

MIAMI, Nov. 5, 2014 (GLOBE NEWSWIRE) -- Globe Specialty Metals, Inc. (Nasdaq:GSM) (the "Company") today announced results for the first quarter of fiscal 2015, ended September 30, 2014.

Monday, November 10, 2014

Lower Prices, Not China Demand, the Cause of Iron Ore Oversupply

One of the recurring themes in iron ore’s precipitous decline this year has been the weak state of Chinese demand. The problem with this is that it simply isn’t true.

Monday, November 10, 2014
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