Merafe’s ferrochrome earnings rocket on strong demand

Mining News Pro - Ferrochrome company Merafe on Tuesday reported an after-tax profit of R576-million in the six months to June 30 compared with a loss of R961-million in the prior comparative period.

Ferrochrome is part of the green revolution

Mining News Pro - Diversified mining and marketing company Glencore views the ferrochrome market as being particularly strong currently.

Glencore records higher zinc, silver output but lower ferrochrome and copper production

Mining News Pro - Global miner Glencore says its mining assets performed well in difficult circumstances during 2020, with year-on-year increases in zinc, gold and silver production.

First-quarter European benchmark ferrochrome price settled at $1.17/lb

Mining News Pro - The European benchmark ferrochrome price for the first quarter of 2021 has been settled at $1.17/lb, JSE-listed Merafe reports.

Council says lower power prices are among what ferrochrome industry needs

Mining News Pro - While the Minerals Council South Africa welcomes government’s steps to support domestic ferrochrome production and the chrome value chain, it has expressed disappointed at government not addressing competitiveness in its Cabinet statement delivered in the week of October 23.

Ferrochrome business remains solid, world still requires large amount of it

Mining News Pro - The ferrochrome business remains solid and there is still a large amount of ferrochrome required in the world.

SA’s ferrochrome retreat points to steady erosion of competitiveness

Mining News Pro - The local chromium industry is ostensibly being cut out of global ferrochrome production, owing to its eroding competitiveness and the comparatively ‘low-hanging fruit’ of supplying chromite.

Third-quarter ferrochrome benchmark price rolls over at $1.14/lb

Mining News Pro - The European benchmark ferrochrome price for the third quarter of 2020 has been settled at $1.14/lb, a rollover from the second quarter of 2020, JSE-listed Merafe Resources advised shareholders on Monday.

Lion ferrochrome smelter, Eastern Chrome mines restart

Mining News Pro - Operations at the Lion ferrochrome smelter and Eastern Chrome mines of the Glencore Merafe Chrome Venture have recommenced, but the Boshoek, Rustenburg, Wonderkop, Lydenburg smelters and Kroondal mine will remain on care and maintenance until the macroeconomic environment improves, Merafe Resources said on Friday.

Merafe reports lower ferrochrome output

Mining News Pro - Merafe Resources’ attributable ferrochrome production from the Glencore-Merafe Chrome Venture decreased by about 3.6% year-on-year to 100 000 t for the quarter ended March 31.

Second-quarter ferrochrome price rises to higher level

Mining News Pro - The European benchmark ferrochrome price has been settled at $1.14/lb for the second quarter of 2020, Merafe Resources advised shareholders on Wednesday.

Samancor to cut chrome ore, ferrochrome output

Mining News Pro - A continued deterioration in market conditions, depressed prices and higher electricity tariffs has prompted Samancor Chrome to reduce its chrome ore and ferrochrome production levels for 2020.

Siemens to deliver product management solution for China’s leading ferrochrome producer

Mining News Pro - Minimum downtime and the optimum use of staff and resources are key to sustainable success in the minerals and mining industries.

The ferrochrome of Sabzevar is two products/The complex`ll have a nominal capacity of 25 thousand tons of ferrochrome in 2018

Mining News Pro - Ferosilice will be produced soon in the Ferrochrome Sabzevar Complex in addition to ferrochrome

Chinese ferrochrome traders are less willing to sell goods at low prices

Mining News Agency -As most of the ferrochrome factories are not in stock, the traders are less willing to sell goods at low prices.

Ferrochrome Plant Opens in Kerman Province

Mining News Agency -A ferrochrome plant with a 60,000-ton per year capacity was inaugurated in Kerman Province’s Rafsanjan Special Economic Zone on Thursday.

South African chromite concs, ferrochrome prices stabilize in Dec after Nov declines

Mining News Agency - South African chromite concentrate and high carbon ferrochrome prices appear to be stabilizing in December and are poised for a rise, following declines in November, market sources said Wednesday.

Latest on the ferrochrome smelter bid

Mining News Agency - Sault Ste. Marie`s bid team pursuing a Ring of Fire-related ferrochrome smelter will meet this week with officials of Essar Steel Algoma to consider possible locations on steel mill property.

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