Tharisa reports enthusiastically on PGM and chromium markets
PAPHOS, Cyprus – “While the PGM basket price increased by over 80% on an annual basis, this was somewhat dampened
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Ferrous Metals
worldsteel short range outlook for 2021 and 2022
The World Steel Association (worldsteel) has released an update of its Short Range Outlook (SRO) for 2021 and 2022. worldsteel
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Tharisa reports best quarterly production in the history of its mine
PAPHOS, Cyprus – Tharisa in the fourth quarter of its financial year delivered the highest production of PGMs and chrome
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Eti Krom to use solar energy for HC ferrochrome production
Yildirim Group, which owns chromium ore and HC ferrochrome assets in four countries (Turkey, Kazakhstan, Sweden and Russia) announced its
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Tharisa cold-commissions Vulcan Fine Chrome Beneficiation Plant
Tharisa, the platinum group metals (PGMs) and chrome co-producer dual-listed on the Johannesburg and London stock exchanges, today announces that
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Ferro-Alloy Resources produces of ferro-molybdenum and V2O5
Ferro-Alloy Resources Limited, the vanadium producer and developer of the large Balasausqandiq vanadium deposit in Southern Kazakhstan, has announced it
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Low-cost vanadium producer emerging in Kazakhstan
The Ferro-Alloy Resources Group (“FAR”) is developing the giant Balasausqandiq vanadium deposit in Kyzylordinskaya oblast of southern Kazakhstan. The ore
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Bauba Resources rises capital and reviews its results for the year
JOHANNESBURG – Bauba intends to raise an amount of R33 883 881.02 by way of a renounceable claw-back offer pursuant
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Zimasco to build new ferrochrome furnaces at its Kwekwe complex
On 19 September 2021, Zimasco, (owned by China’s Sinosteel Corp.) announced that it will invest US$35Million in new ferrochrome furnaces at
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August 2021 crude steel production
BRUSSELS, Belgium – World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 156.8
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Fluctuations in nickel prices make stainless steel makers nervous
LME nickel price hit a 7-year high to US$20,500/ton last week due to supply shortage, greatly boosting the stainless steel
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Tata to convert its polluting steelplant to hydrogen technology
Tata Steel on Wednesday said it would convert its heavily polluting steel mill in the Netherlands to a cleaner one
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ArcelorMittal SA appoints interim chief financial officer
Vanderbijlpark – Further to the announcement released on 4 May 2021 informing shareholders of Mr Desmond Maharaj’s resignation from ArcelorMittal
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Imbalance between steel supply and demand will stabilize in 2022
The outlook for the global metals and mining industry has been changed from positive to stable, Moody’s Investors Service says
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Bauba Resources: Changes to the Board of Directors AGAIN!
In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, the board of directors of Bauba (“the
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ARM Ferrous earnings 77% higher driven by iron and Mn ores sales
ARM Ferrous headline earnings were 77% higher at R7 927 million (F2020: R4 479 million) as a 104% increase in
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ArcelorMittal commissions 6 million tonne pellet plant in India
ArcelorMittal Nippon Steel India has commissioned its second six million tonne pellet plant, taking the total capacity at Paradip complex
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China Steel Corp Unveils Green Steel Goals
Taipei – Taiwan’s largest steelmaker China Steel Corp is setting ambitious carbon emission reduction goals. China Steel Corp Chairman Wong
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US steel production capacity utilization stays at 84.9%
American Iron & Steel Institute announced that in the week ending on August 28, 2021, US domestic raw steel production
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Vale and Ternium cooperate to decarbonize steel production
Ternium signed a memorandum of understanding with Vale agreeing to seek opportunities to develop steelmaking solutions focused on reducing CO2
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Algeria to launch new production unit at Bellara Steel complex
Algeria will launch a new steel production unit as part of a large complex that was constructed by an Algerian-Qatari
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World Steel announces July 2021 crude steel production
BRUSSELS, Belgium – World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 161.7 million
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Angang takes over Benxi forming mega steelmaker in China
Chinese steelmakers Ansteel Group and Ben Gang formally began the process of merging their operations. Benxi Steel’s listed subsidiary Bengang
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Samarco produces 4.4 million tonnes of iron ore since start-up
In July, seven months after the resumption of production in December 2020, Samarco reached the volume of 4.4 million tons
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First fossil-free steel delivered to Volvo
As the world looks to counter the deadly impact of greenhouse gas emissions, a Swedish company might give a fighting
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Iron-ore on track for a record monthly loss
Prices for iron-ore touched record highs this year, but look to suffer their biggest monthly loss ever as China’s curbs
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BAUBA: Changes to Board of Directors becomes weekly routine now
JOHANNESBURG – In compliance with the Listings Requirements of the JSE Limited, the board of directors of Bauba Resources, a
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SE-Asia’s steel production set to surge, worries of overcapacity
The continuation of ambitious expansions in steel capacity in Southeast Asia is strong even in a global pandemic. Five million
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MERAFE: State of ferrochrome market
Growth in global stainless steel melt rates reached a decade high in the first half of 2021 (“H1 2021”) as
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Rustenburg ferrochrome furnace 5 will resume operations in Q3 2021
Merafe Resources says the Lydenburg smelter remains on care and maintenance for the foreseeable future, however Rustenburg furnace 5 will
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