Company Announcement: Stainless production rises in the first half of 2011 but results are mixed

Preliminary figures released by the International Stainless Steel Forum (ISSF) show that stainless steel crude steel production increased in the first half of 2011 by 3.8% compared to the same period of 2010.

Operational temperatures attained at Middelburg furnace

Mining exploration to metal development company Jubilee Platinum has reached operational temperatures at the company’s new 5-MW alternating current (ac) furnace at the Thos Begbie site, in Middelburg, which is now moving towards full production...

New IFM chrome mine, low-cost ore on way, 2011 profit in sight

London-listed ferrochrome producer International Ferro Metals (IFM) is poised for profit in 2011, buoyed by sturdy stainless steel demand, rising ferrochrome prices and increasing production. IFM produces ferrochrome for stainless steel from...

Jubilee Platinum goes commercial on lucrative ferronickel

JSE-and Aim-listed Jubilee Platinum has advanced from a four-year developmental stage into a new phase as a producer of lucrative ferronickel from waste. Jubilee CEO Leon Coetzer, who hosted an analyst and media visit to the 85-employee operation...

Next decade to see increase in lithium supply and demand

The next ten years will see an increase in the supply of, and demand for, lithium and new developments in the market, analyst house Core Consultants MD Lara Smith tells Mining Weekly.

Power uncertainty causing ferrochrome project standstill as demand lifts – Merafe

Ferrochrome producers are very bullish on future demand, but electricity uncertainty has caused the project pause button to be pushed. Although researchers indicate the possibility of “seriously high” demand, that extremely positive outlook...

Power uncertainty causing ferrochrome project standstill as demand lifts – Merafe

Ferrochrome producers are very bullish on future demand, but electricity uncertainty has caused the project pause button to be pushed. Although researchers indicate the possibility of “seriously high” demand, that extremely positive outlook...

IFM sees strong demand for ferrochrome, output jumps 85%

London-listed International Ferro Metals (IFM) on Thursday reported that its second-quarter ferrochrome production was up by 85%, compared with the previous corresponding period. The company produced 57 942 t of ferrochrome from its operations in...

Ferrochrome downcycle seems to be bottoming – International Ferro Metals

The down-cycle in the global ferrochrome market appeared to be bottoming, with recent experience indicating that the current 69c/lb ferrochrome price might not decline further, International Ferrochrome Metals (IFM) CEO David Kovarsky told Mining...

Ferrochrome sector likely to stabilise by third quarter - analyst

South Africa’s ferrochrome industry – heralded for producing about three- quarters of the world’s supply of the anticorrosive alloy – hit a slump in 2008, which spurred an unprecedented shutdown of operations in the country. At present,...

Yes, I think ferrochrome will definitely stabilise by third quarter – Cadiz’ Peter Major

South Africa’s ferrochrome industry - heralded for producing about three quarters of the world’s supply of the anti-corrosive alloy- hit a slump in 2008, which spurred an unprecedented shutdown of operations in the country. At present, only...

Merafe earnings up fourfold, sees soft demand

Despite posting a fourfold increase in headline earnings a share for the 2008 financial year, South African ferrochrome producer Merafe Resources on Monday reported that demand for its products was still low. The producer’s headline earnings a...