Ruukki-Kermas JV offers £37m for Chromex

Newly incorporated joint-venture company Synergy Africa on Thursday announced that it had put a £37-million cash offer on the table for Aim-listed Chromex. Synergy Africa is 51% owned by the Finnish group Ruukki and 49% owned by UK-based...

Ruukki studies 250-MW plant to supply Mogale Alloys

Finnish company Ruukki plans to start a feasibility study for a proposed 250-MW power plant to provide its Mogale Alloys venture in South Africa with reliable electricity supply, by the fourth quarter of this year. Ruukki, which bought the Mogale...

Ruukki reports Q1 revenue rise

Finnish company Ruukki, which bought South Africa's Mogale Alloys last year, on Friday reported first-quarter revenue growth, lifting revenue to €54,4-million, from €44,5-million a year earlier, reflecting a slow, but definite economic...

Ruukki to triple ferrochrome smelting capacity

Ferroalloy producer Ruukki on Thursday reported that it was on the verge of completing an internal feasibility study into its expansion plans for the recently acquired Mogale production facilities. Speaking to journalists on a conference call,...

Ambition to integrate ferrochrome/platinum production and processing

For decades, South Africans have mined and processed chrome and platinum separately and never the twain have met, but now the Kermas-linked Finnish company, Ruukki, has ambitions to do otherwise. The little-known Ruukki, of Finland, has swooped...

Ambition to integrate ferrochrome/platinum production and processing

For decades South Africans have mined and processed chrome and platinum separately and never the twain have met, but now the Kermas-linked, Finnish company Ruukki has ambitions to do otherwise.

Mine-to-metals platinum, ferrochrome link in R2,9bn Ruukki-Sylvania merger

Finnish company Ruukki is emerging on the South African mining and metals front with an integrated platinum and ferrochrome mine-to-metals business that is heading for listings in London, Johannesburg and Helsinki, following Tuesday’s...

Finland’s Ruukki buys Mogale Alloys in R2bn deal

South African subsidiary of Finnish industrial refining group Ruukki, Ruukki South Africa, has acquired an 84,9% stake in Mogale Alloys, in Krugersdorp, for about R2-billion, it announced on Monday. The subsidiary was planning to make further...

Plant to see out the mine

Alwyn Smit, metallurgical manager at Driefontein, is a man of quiet demeanour.