Global insight
Nickel Prices Seems to Remain Uncertainty in 2016
Nickel prices is expected to rise sharply last year, but fell to 12-year low in the end of 2015. However, the situation has not been improved in beginning 2016, due to the sluggish market demand |
Cancana JV Sells 7,500 Tonnes of Manganese;Share Surge
Cancana Resources (CVE:CNY), a Canada-based exploration-stage company, and its joint venture partner Ferrometals, together Brazil Manganese Corp., made a 7,500-tonne sale of manganese mineral product this month. Shares surged in morning trade. |
Yingli/Demeter Team up for Thailand-based Solar Panel Plant
Yingli Green Energy Holding Co. Ltd.’s YGE European subsidiary, Hainan Yingli New Energy Resource Co, LTD. ("Hainan Yingli"), has formed a joint venture (“JV”) with a Demeter Corporation PLC subsidiary, Demeter Power Company Limited. |
Steel Makers Seek Loan Restructuring, Interest Moratorium
Burdened with huge volume of loans and hostile macroeconomic factors, steel producers have sought a financial package from the Centre that allows debt restructuring. |
Zimbabwe: 'Chrome Ore Exports Slow'
Deputy Mines and Mining Development Minister Fred Moyo yesterday said chrome ore exports are moving at a "very slow" pace due to continued fall in global prices. |
Nickel Price Slumps to 12-year Low
Reuters reported that the nickel price hit its lowest level in 12 years on Tuesday on the back of concerns about high inventories. As of Tuesday, refined nickel inventories on the LME MNISTX-TOTAL were sitting at 437,334 tonnes, having risen 11 percent in the ... |
Sherritt Braces for C$1.6bn Impairment of Nickel Assets
Nickel miner and refiner Sherritt International Corporation has cautioned the market of an expected $2.4 billion impairment of the Ambatovy joint venture (JV) assets, in Madagascar, citing lower forecast nickel prices. |
United States steel company to delay new furnace project
United States Steel Corporation has announced to delay the construction of new furnaces at its Fairfield plant in Birmingham, Alabama (Fairfield). Because of the competition effect of falling demand for steel and oil and gas industries. New furnaces with a ... |
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