Ores

Korean Steelmakers Hit by Double Whammy — Demand Cliff and Cost Surge

[Ferro-Alloys.com] The Korean steel industry is suffering from a double whammy — a steep rise in costs and a demand cliff following the spread of COVID-19. Although price hikes are urgently needed in view of worsening profitability amid rising production cost...

Wednesday, July 1, 2020

Alcoa to shut Ferndale smelter, throwing 700 out of work

[Ferro-Alloys.com] Ferndale Mayor Greg Hansen took “a nice, long walk in the rain’’ to compose himself Wednesday before agreeing to speak about the announced closure of the nearby Alcoa aluminum smelter — it’s a huge blow to a community already reeling.

Friday, April 24, 2020

Mechel Reports Selling Elga Coal Complex and Completing Restructuring Process with State-Controlled Lender Banks

[Ferro-Alloys.com] Moscow, Russia – 22 April 2020 – Mechel PAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports closing the deal on the sale of companies comprising Elga Coal Complex, and signing agreements with Gazpr...

Thursday, April 23, 2020

South 32: Quarterly Report March 2020

[Ferro-Alloys.com] Responded to market conditions to maintain the financial strength of our business by suspending the remaining US$121M of our current on-market share buy-back program and lowering FY20 sustaining capital expenditure guidance, including equity...

Tuesday, April 21, 2020

Eskom agrees temporary coal price with South32 which targets sale of SAEC by December

[Ferro-Alloys.com] SOUTH32 expected to complete the sale of its stake in its South African Energy Coal (SAEC) business to Seriti Resources in the December quarter, but the onset of the COVID-19 pandemic had delayed a review of the South African manganese smelt...

Tuesday, April 21, 2020

Manganese mining company Tshipi é Ntle donates R5 million to Covid-19 Solidarity Fund

[Ferro-Alloys.com]JOHANNESBURG - Manganese mining company Tshipi é Ntle has donated R5 million to the coronavirus (Covid-19) Solidarity Fund set up by President Cyril Ramaphosa to help fight the disease in South Africa, company board chairman Saki Macozoma sai...

Saturday, April 18, 2020

South Africa extends lockdown but offers roadmap for reopening

[Ferro-Alloys.com] KEY POINTS South Africa remains the most affected country in Africa by the pandemic, with 2,415 confirmed cases as of Wednesday morning according to data compiled by Johns Hopkins University.

Friday, April 17, 2020

South African Mines Reopen at 50% Capacity as Lockdown Eases

[Ferro-Alloys.com] South Africa allowed mining companies to resume operations at half their normal capacity as the government takes its first steps to ease a nationwide coronavirus lockdown.

Friday, April 17, 2020
  • First  Prev  ...  198  199  200  201  202  203  204  205  206  207  ...  Next  Last