Cabinet has approved the issuing to Transnet Port Terminals (TPT) of a permanent operating licence to operate the manganese container terminal at the Port of Ngqura, near Port Elizabeth.

A Brazilian federal court on Friday ordered Vale to halt activity at its Onsa Puma nickel mine, in Brazil’s Amazon state of Para, until it can demonstrate what actions it has taken to compensate indigenous communities in the region.

LME Nickel Price Sharply Fluctuated due to Depreciation of Yuan (Aug 10th-Aug 14th)

Nickel Ore Price forced to Decline Domestically (Aug 10th-Aug 14th)

FeNi Price Held at a Low Level (Aug 10th-Aug 14th)

[Ferro-Alloys.com] According to the investigation of www.ferro-alloys.com, core wire market was peaceful last week in China. In Henan province, ex-work price of Ca98%min∮9㎜Ca wire stayed around RMB10,000-10,200/mt (USD1,639-1,672/mt).

[Ferro-Alloys.com]Chinese FeMo was quoted at RMB63,000/mt by acceptance. Major steel mills cut the tender price, transaction price dropped further. Overseas moly oxide traded at USD5.8-5.9/lbMo.

[Ferro-Alloys.com] Since the early August, the major steel mills have reduced the purchase price of ferrosilicon was about RMB100/MT-200 /MT, ferrosilicon as the upstream of magnesium market is still weak at present, the recent magnesium market facing the same...