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. |
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... |
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. |
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. |
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. |
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. |
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. |
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. |
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