[Ferro-alloys.com] Zhenshi group in Indonesia's subsidiary FBLN announced its ferronickel project has started production on September 16. The company will continue the construction nickel iron BF smelting line, including 350 cubic lime kiln of 1 seat, BF of 4 ...
Nickel and palladium producer Norilsk Nickel (NILSY.PK) Monday said it will sell its operations in Africa, to BCL Ltd., for $337 million in cash. This transaction marks the firm's full exit from its African business, as well as from its international operation...
Norilsk Nickel and BCL Ltd entered into definitive agreements for sale of African operations to BCL.Total expected consideration for assets payable by BCL to Norilsk Nickel amounts to $337 million payable in cash.In addition....
The Brazilian miner has signed a divestment contract with the outgoing Indonesian government, to sell the stake to Indonesian parties within five years....
OAO GMK Norilsk Nickel (NILSY), the best performer earlier this year among Russian shares traded in the U.S., sank to a six-month low on concern demand will weaken amid expectations for a slowdown in global economic growth.
During the announcement of the company regarding the half year results on Wednesday, pin pointed on the pressures faced by the company, mainly due to the oversupply in the Chinese market as well as due to the creeping growth of the Chinese economy.