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Zimasco switches off two furnaces
Based ferrochrome producer, Zimasco Private Limited, has temporarily switched off two furnaces thereby cutting operations by 25 percent as it seeks to mitigate against the ever-increasing production costs amid a global market downturn. |
Merafe reports lower interim production in line with planned pullback
JSE-listed Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture for the six months ended June 30 was 185 000 t. |
BHP, Vale in London court confrontation over Brazil dam damages
Mining giants BHP Group and Vale faced off in a London court on Wednesday over who should accept legal and financial responsibility in a potential 36-billion pound ($44-billion) lawsuit stemming from Brazil's worst environmental disaster. |
Strong chrome market, price supports free cash generation for Tharisa
Chrome and platinum group metals (PGMs) miner Tharisa has increased its PGMs output to 37 000 oz of platinum, palladium, rhodium, iridium, osmium and ruthenium (6E) in the third quarter of its current financial year, compared with the 34 200 oz of 6E produced ... |
Odisha announces new long-term linkage policies for certain minerals
The Odisha government will offer long term ore linkage for iron ore, chrome, bauxite and limestone, mined and produced by the Odisha Mineral Corporation (OMC). The ore linkage will be for investors or companies that sets up end-use plants (greenfield/expansion... |
Indonesia’s growth in stainless steel industry shines light on chrome, ferro-chrome shipments
“Tsingshan may [bring an] additional 0.4 million tonnes of ferro-chrome capacity into production in the second half of 2023 and it will need less imported ferro-chrome, but more chrome ore,” Zhang said. He said that would lead to “a change in global ferro-c... |
Climate change presents ‘once-in-a-century’ opportunity for commodities traders: TELF
In a highly energy-intensive and carbon-generative industry like ferro-chrome, producers naturally have a growing focus on their energy usage and emission levels and what they can do to mitigate them, especially while end users increasingly look to solidify th... |
Telf Ag: An Unprecedented Opportunity For The Energy Transition
Telf Ag, a physical commodities trader, recognizes climate change as a "once-in-a-century opportuity" to actively participate in the energy transition, as highlighted in an interview with Fastmarkets, a renowned industry publication. |
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