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IFM SA Placed on Business Rescue

Deteriorating business conditions have pushed London-listed International Ferro Metals’ South African subsidiary (IFM SA) into business rescue proceedings.

Wednesday, December 9, 2015

IFM Business Rescue Plan Approved

The business rescue plan recommending the sale of London-listed International Ferro Metal’s (IFM’s) embattled South African subsidiary has been approved by creditors. The business rescue practitioner for the ferrochrome producer would now seek to negotiate a...

Wednesday, December 9, 2015

Production Cuts Mean Nothing without Improved Demand

Ores and alloys producers have announced a swathe of new production curtailments in the past few weeks in response to poor market conditions.Three production cuts, in chrome ore, ferro-chrome and silico-manganese were announced on December 1 alone, although tw...

Wednesday, December 9, 2015

Eramet Group Denied to Halt Its Nickel Production Units

The ERAMET group issues a firm denial of reports carried in various articles of this morning's press that it was halting its nickel production in New Caledonia. It is currently considering a project which will be submitted to the staff representative bodies at...

Wednesday, December 9, 2015

SA Exports to China to Flourish

South Africa is China’s biggest trading partner in the African continent and its 20th in the world.Currently, main exports to China include iron ore, steel, manganese, chrome ore

Wednesday, December 9, 2015

HC FeCr Price Remained Stable

[Ferro-Alloys.com]The prices of South African origin chrome ores, widely used by ferrochrome producers, exceeding 70% of all the imported chrome ores, dived deeper after China's stainless steel mills sharply cut their tender prices of high-carbon ferrochrome i...

Wednesday, December 9, 2015

Chrome Ore Prices Slipped Following the Collapse of HC FeCr Prices

[Ferro-Alloys.com]The prices of South African origin chrome ores, widely used by ferrochrome producers, exceeding 70% of all the imported chrome ores, dived deeper after China's stainless steel mills sharply cut their tender prices of high-carbon ferrochrome i...

Wednesday, December 9, 2015

Hazelwood Resources Sells Tungsten Projects to Focus on Production

Hazelwood Resources has improved its financial footing and sharpened its focus on the ATC ferrotungsten operation in Vietnam by closing the sale of two Western Australian tungsten exploration properties to Tungsten Mining .

Wednesday, December 9, 2015
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