NUM wants restrictions on chrome exports to China

South Africa’s National Union of Mineworkers (NUM) on Friday called for “urgent” restrictions on chrome exports, particularly to China. The union’s national executive committee said in a statement that China was stockpiling chrome, mainly...

IFM expects ferrochrome demand to strengthen

Ferrochrome-producer International Ferro Metals (IFM) said on Tuesday it expected ferrochrome demand to strengthen over the next quarter, supported by an anticipated rise in stainless steel demand and seasonal production cuts by South African...

Samancor Chrome prepares to retrench, 900 jobs at risk

JOHANNESBURG (miningweekly.com) - South African chrome-miner and ferrochrome producer Samancor Chrome said on Tuesday that it was preparing to retrench workers as a consequence of its planned 55% cut in smelter production and 50% cut in...

Samancor Chrome prepares to retrench, 900 jobs at risk

South African chrome-miner and ferrochrome producer Samancor Chrome said on Tuesday that it was preparing to retrench workers as a consequence of its planned 55% cut in smelter production and 50% cut in chrome mining during 2009. Of the 4 800...

Merafe says ’08 profit could reach R1,1bn

Ferrochrome producer Merafe Resources’ net profit for 2008 is expected increase by between 317% and 358%, on the back of record ferrochrome prices in the financial year, the JSE-listed company said on Thursday. Merafe, which produces...

IFM output drops sharply, chrome-ore inventory continues to dampen prices

LSE-listed ferrochrome producer International Ferro Metals (IFM) CE David Kovarsky said he was confident that low-cost ferrochrome producers, such at IFM, would be “rewarded” when demand for the commodity picked up again. With the release of...

SA ferrochrome producers losing credibility

South African ferrochrome producers faced losing credibility as supplier and customer confidence took a dip because of the electricity cuts that producers were being asked to make, said stainless-steel ingredients producer Merafe Resources CEO...

Materials-handling company secures three-year contract

Bulk materials handling company Fraser Alexander Bulk Mech (FABM), a division of the Fraser Alexander Group, and ferrochrome production company ASA Metals, have signed a contract whereby FABM will be responsible for all ASA Metals materials...

Materials-handling company secures three-year contract

Bulk materials handling company Fraser Alexander Bulk Mech (FABM), a division of the Fraser Alexander Group, and ferrochrome production company ASA Metals, have signed a contract whereby FABM will be responsible for all ASA Metals materials...

Licking its wounds, Merafe sees ferrochrome market growth

South African ferrochrome producer Merafe Resources, which took a beating in the first half of 2006 from low ferrochrome prices and production cutbacks to combat oversupply, sees the international ferrochrome market recovering and growing by an...

Competition tribunal approves Kermas-IMR merger

South Africa’s Competition Tribunal on Thursday gave ferrochrome producer Kermas South Africa permission to merge with one of the world’s largest private mining and metals firms, Eurasian Natural Resources’ subsidiary...

Ferrochrome producer to get world's largest furnace

One of the world’s largest ferrochrome producers, Hernic Ferrochrome, near Brits, in the North West, will soon boast the biggest ferrochrome furnace in the world, Johannesburg-based smelter design and construction company Metix MD Reinier...