Commodities jumped on Friday, headed for their largest weekly gain in more than three years as base metals roared higher after Glencore pledged to slash zinc output and gold hit three-week highs after dovish Federal Reserve minutes.
[Ferro-Alloys.com]One of China's largest ferrochrome producers in Shanxi is currently building its furnace to increase its low- and micro-carbon capacity. The furnace in construction is scheduled to put into production at the end of 2015
With huge overburden of chrome ore creating environmental problems, the State Pollution Control Board (SPCB) has directed that a comprehensive overburden management action be prepared for Sukinda Valley.
GOVERNMENT, through Apple Bridge Investment - a special purpose vehicle established to facilitate chrome ore exports - has set prices at which it will buy the mineral from local producers.
THE government has forfeited about 600 mining claims of base metal minerals in the Midlands province in terms of the Mines and Minerals Act (Chapter 21:05).
[Ferro-Alloys.com]A high-carbon ferrochrome furnace of 30,000KVA in Inner Mongolia is now for rent. The furnace is already completed and can be put into production anytime.
[Ferro-Alloys.com]One of China's largest high-carbon ferrochrome producers in Inner Mongolia, whose high-carbon ferrochrome furnaces has been closed for about two months, still has no plan when to resume its production, one official stated.