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Global insight

MOIL Gains after Securing Mining Lease for Manganese Ore in Madhya

MOIL operates 10 mines, six located in the Nagpur and Bhandara districts of Maharashtra and four in the Balaghat district of Madhya Pradesh.

Wednesday, December 3, 2014

Result of Demand & Supply for Silicon Metal in October 2014 in Japan

On November 27, Japan Aluminium Alloy Refiners Association released the result of demand & supply for silicon metal and the result of production of secondary aluminium alloy products in October 2014.

Wednesday, December 3, 2014

REC Solar to combine with Elkem after US$640m Chinese buyout

State-owned chemical firm, China National Bluestar, has bought tier-one module manufacturer REC Solar ASA for NOK4.34 billion (US$639 million).

Wednesday, December 3, 2014

Miners End Strike at Glencore Chrome Venture

South African miners at a ferrochrome venture between Glencore and Merafe Resources reached an agreement to end a strike that will see the wages of the lowest paid workers almost double over the next three years, a union official said.

Tuesday, December 2, 2014

Sedgman Win GEMCO Processing Contract

The $133 million contract will see Sedgman provide the design, supply, fabrication, construction, and commissioning of a sands benefication plant, port stockpile expansion, and associated infrastructure at the site.

Monday, December 1, 2014

Ferroalloys Units in Andhra Pradesh, Telangana Face Mixed Fortunes

Having faced innumerable troubles due to power shortages during the last three to four years, highly power-intensive ferroalloys units are now staring at mixed fortunes post bifurcation.

Monday, December 1, 2014

S. Korea’s Ferroalloys Import Dropping down in October 2014

According to the statistics of Korea Customs, Korea’s ferroalloy import volume was 88,201 mt in October 2014, down by 4.3% M-O-M and down by 11.9% Y-O-Y. The import sources and volumes were as the followings, South Africa, 21,125 mt; China, 18,700 mt; India, ...

Friday, November 28, 2014

Competition Commission Recommends Approval of Anglo American, Samancor Transaction

The commission said it had found that the proposed transaction was not likely to substantially prevent or reduce competition in the affected markets, namely the production of manganese ore and manganese alloys.

Friday, November 28, 2014