It is reported that Shenzhen GEM High-Tech Co. ,ltd signed a framework agreement June 26th, 2014 to acquire 60% stake in Yangzhou Ningda Noble Metal Co. at tentative price of 312 million yuan ($ 50.61 million).

Monchegorsk In line with the Nickel refinement salt flow recycling investment project Kola MMC (subsidiary of MMC Norilsk Nickel) commenced the construction of another major unit - intermediate salt storage depositary.

Tata Steel Ltd’s chromium mine in Odisha must remain shut till 10 July when a case filed by its competitor for redistribution of the mine comes up for its next hearing, according to an Odisha high court order reviewed by Mint.

Tight Supply of Silicon Metal Lingered in Sichuan

Foreign FeSi Buyers Struggled to Bring down Purchase Price

On a trade forum in China recently, experts disclosed dry & bulk cargo seaborne demand was still strong and it would maintain annual growth of 6% in the next five years.

London and the eurozone look set to benefit in the future from increased trade in yuan, as figures Thursday show yet another monthly increase in its use as a global currency.

According to the investigation of www.ferro-alloys.com, current production cost (including tax) of EMM is about RMB 12300/mt (USD1984/m) in China.