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Global insight

Spot Offers Remain Under Pressure on Weak Demand for Asia FeSi

Spot offers of 75%-Si ferrosilicon in Asia remained under pressure on prevailing weak demand and intense competition from indirect shipments via Vietnam, sources said Thursday.

Friday, December 4, 2015

Gulf Manganese Announces Raising of $1.125M Capital

Gulf Manganese Corporation Limited (ASX:GMC) announced that the Company has raised $1.125 million from the placement of 75,000,000 shares and 37,500,000 options, which were approved at the General Meeting on 2nd October.

Friday, December 4, 2015

Ukraine Zaporizhstal’s Steel Output down in November y-o-y

Ukraine iron and steel producers Zaporizhstal, announced its finished steel output down 29.6% year on year, to 205,300 tons; crude

Friday, December 4, 2015

America Ready to Mine in Outer Space

U.S. citizens can now legally own resources mined in space after President Barack Obama signed into law a debated bill that allows people to mine, sell and own any space material.

Friday, December 4, 2015

Market Trend of Import of Ferroalloy in Japan as of 30 November 2015

The price of silicon metal has continued to decline gradually, but the price of 553 grade as a low-grade product seems to stop declining before being down to CNY9,000

Friday, December 4, 2015

Brazil Asks Court to Uphold Closure of Vale Amazon Nickel

Brazil's attorney general has asked the supreme court to uphold the closure of Brazilian mining company Vale SA's Onça Puma nickel mine for allegedly failing to meet the terms of its environmental license

Thursday, December 3, 2015

Peru Molybdenum Production Increases 17.2% in January- September 2015

According to the Peru Ministry of Energy and Mines in first nine months of this year, Peru's pure molybdenum production was 14,548 tons, an increase of 17.2% year on year, to 12,409 tons.

Thursday, December 3, 2015

Vale Still Operating Nickel Processing Plant at Onca Puma

While the plant continues to process ore into ferronickel, Vale has stopped operations at the open pit mine where it obtains the nickel ores, Jennifer Maki, Vale’s head of base metals, said on the sidelines of the annual “Vale Day” event.

Thursday, December 3, 2015