Broad-based black economic-empowered company Ntsimbintle Mining was targeting the development of a new 800 000 t/y manganese mine, in the central-northern part of the Kalahari basin, in the Northern Cape

[Ferro-Alloys.com]LME Nickel has rallied continuously for the previous two weeks, with a marked rise at 6.06% last week. Up to Nov 24, the price gained an increase of 13.3% after hitting a ten-month low at 14690.

[Ferro-Alloys.com]Overseas moly oxide transacted at USD9.3-9.4/lbMo, which was pulled up by increased trading activities. USD9.1/lbMo was the price low level, traders are willing to buy materials at this point.

[Ferro-Alloys.com]Chinese FeMo price stabilized at RMB91,000-92,000/mt (USD14,918-15,081/mt, export duty excluded) by acceptance, after a brief slip.

Silicon metal price dropped in Fujian province. Electricity price in Fujian povince was higher than other areas in China.

Silicon metal price kept flat in late November in China.

Spot supply of calcium metal was abundant and market price continued to drop in China. According to the investigation of www.ferro-alloys.com,

Selenium dioxide (SeO2) was one of the major raw materials of electrolytic manganese metal (EMM). As EMM price decreased much recently,