Antam sales plunge on lower prices as ore exports ban

Antam’s unaudited sales plunged 16% in 2014 to IDR 9.46 trillion (USD 741.67 million) compared to the IDR 11.29 trillion generated in 2013.

Monday, February 9, 2015

Nickel Asia eyeing to top record ore sales in 2015

Reuters reported that Nickel Asia Corporation, the Philippines' biggest nickel miner by output and sales, is looking to ramp up ore exports this year after record sales in 2014 as market expectations of a global supply shortfall persist.

Monday, February 9, 2015

Bulk Commodities Freight Recorded 28 Years’ New Low

On Jan.29th, the Baltic Dry Index (BDI) declined by 5% to 632point, recording the new low since 1986. In addition to the excess capacity, unstable demand and the dropping fuel costs, the shrinking demand of China was considered to be the main driving force.

Tuesday, February 3, 2015

Jien Nickel loss RMB350-500million in 2014

According to the report of Jien Nickel, the company would loss RMB350-500million in 2014. In 2013, Jien Nickel gained RMB98.54million and the adjusted net profit was RMB80.51million.

Tuesday, February 3, 2015

Freeport-McMoRan slashes capital spending, to divest stake in Indonesian unit

Freeport-McMoRan (NYSE:FCX), the U.S. largest miner by market value and revenue, has slashed its capital budget for the year, while seeks funding for its natural oil and gas projects as the miner tries to protect itself from plunging commodity prices.

Wednesday, January 28, 2015

Fujian Lian De Planned to Operate One Additional Furnace of FeNi-China

Fujian Lian De Enterprise Co., Ltd located in Fujian province of China, which was invested by Yieh United Steel and engaged in high ferronickel production. The fist phase of the project had four sets of 36000KVA (RKEF) and the first furnace put into operation ...

Wednesday, January 28, 2015

Jiangsu Hongfeng Planned to Recover FeNi Production after New Year

Jiangsu Hongfeng New Material Technology Co., Ltd. locating at Jiangsu province, which owned 4 sets of 33000kva(RKFE)with monthly production of high FeNi of 5000tons

Wednesday, January 28, 2015

DeLong Planned to Build Nickel Smelter in Indonesia

It was ackonwledged that Jiang Su DeLong Co.,Ltd of China planned to build an nickel smelter with annual output of 3million tons in Konawe Industrial Zone of Southeast Sulawesi, Indochinese.

Tuesday, January 13, 2015
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