After the holiday, the prices of calcium-based products have somewhat declined.

GLENCORE CEO Gary Nagle said he was confident Eskom will grant the group a 54% electricity tariff reduction before the end of February, a development that would enable the group to restart ferrochrome production.

GLENCORE has agreed to purchase nearly 2,000 tons of cobalt from industry veteran Rami Weisfisch in a deal worth close to $115m at current prices, said Reuters citing two sources with knowledge of the transaction.

GLENCORE CEO Gary Nagle said he was confident Eskom will grant the group a 54% electricity tariff reduction before the end of February, a development that would enable the group to restart ferrochrome production.

THE Democratic Republic of Congo’s state mining company, Gecamines, has secured rights to market a significant portion of copper produced at Glencore’s Kamoto Copper Company operation in the country

The Minerals Council South Africa has expressed disappointment that there was no mention in the 2026 Budget, presented to Parliament by Finance Minister Enoch Godongwana on February 25, of reduced electricity tariffs for the ferroalloys industry

Oman is advancing toward becoming a global center for green iron and steel production as part of itsbroader industrial transformation strategy.

Ahead of the Spring Festival, downstream enterprises are gradually suspending operations, and market trading sentiment is turning increasingly subdued.