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Ferrous Metals News

Ferrochrome plant to produce 175 000 t in 2002

31st January 2002 South Africa’s Assmang chrome plant has spent R750-million to raise capacity of ferrochrome alloy to more than 300 000 tons a year from about 100 000 tons despite weak metal prices, the company said. 

Iron-ore project for Western Australia

31st January 2002 Resource company BHP Billiton has approved a project to produce a new high value lump pisolite iron-ore product at its Yandi mine in Western Australia. 

Mineral science council makes progress on magnesium project

By: Keith Campbell     18th January 2002 MINERALS and beneficiation science council Mintek has achieved an important milestone in the development of its magnesium furnace project. 

Minerals science council makes progress on magnesium project

18th January 2002 South African minerals and beneficiation science council Mintek has achieved an important milestone in the development of its magnesium furnace project. The pilot magnesium plant is now working, and recently, for the first time, molten magnesium was successfully tapped from it. The resulting... 

Brazilian firm awards IT contract

18th January 2002 Mining and mineral information technology (IT) supplier Gemcom Software has been awarded a contract by Ferteco of Brazil to enhance its mine planning operations. 

IT and iron-ore firm forms strategic alliance

18th January 2002 International mining information technology (IT) firm Modular Mining Systems has entered into a strategic alliance with Cleveland-Cliffs, a leading supplier of high-quality iron-ore products for the North American steel industry. 

Supplying finance to leading projects

14th December 2001 Established in 1995 with a view to providing an all encompassing merchant banking service to the resources-based industry, RMB Resources has grown into one of Africa’s leading national resources participants. 

Smelter construction under way

14th December 2001 Construction is under way at SA Chrome and Alloys’s new smelter, pelletising and sintering plant at Boshoek, some 20 km north of Rustenburg in the North West Province. 

R700m ferrochrome smelter on track

14th December 2001 The construction of SA Chrome’s R700-million smelter project in the North-West Province, due to be operational by the middle of next year, is well on track. 

Latest technology for f'chrome smelter

14th December 2001 The latest gas-cleaning technology and new equipment will be introduced in the sintering and preheating processes at South African Chrome and Alloy’s smelter plant near Rustenburg in the North West Province by Finnish global metals group, Outokumpu. 

South Africa continues its world chrome domination

14th December 2001 The success of South African Chrome and Alloy’s smelter project will be 

Mine upgrade is under way

14th December 2001 As part of its efforts to become one of the lowest-cost ferrochrome producers in the world SA Chrome and Alloys is re-commissioning the old Horizon Chrome Mine. 

South America's mining giants – when will they move out

10th December 2001 One of the big questions in world mining today is when, where and how South American giants CVRD (Brazil) and Codelco (Chile) go international. It seems CVRD is going into China. 

Menell confirms iron-ore strategy

By: Terence Creamer     7th December 2001 The head of Anglovaal Mining (Avmin), Rick Menell, has confirmed that none of the three alliance partners holding shares in Kumba intend selling their stakes when the company is listed on the JSE Securities Exchange on Monday. 

Firm strategically positioned for growth

By: Deborah Spicer     30th November 2001 Having completed a five-year re-engineering drive, Kumba Resources is intent on making its strategic business units (SBUs) more efficient by increasing the volumes produced and critically challenging potential investments. 

SA ferrochrome plant closed

27th November 2001 Mining and energy giant BHP Billiton has announced the closure of its Palmiet Ferrochrome operation, located in Krugersdorp, South Africa, effective immediately. 

Rotary kilns installed for magnesite conversion

23rd November 2001 One of two new rotary kilns installed by mining and chemical company Chamotte at its works near Malelane, in Mpumalanga, has been commissioned. 

Menell confirms iron-ore strategy

By: Terence Creamer     23rd November 2001 The head of Anglovaal Mining (Avmin), Rick Menell, has confirmed that none of the three alliance partners holding shares in Kumba intend selling their stakes when the company is listed on the JSE Securities Exchange on Monday. 

Jig system performs well

16th November 2001 East Rand company Humboldt Wedag SA has installed and commissioned the first full Batac jig system in an iron-ore application in South Africa at the Assmang Beeshoek mine in the Northern Cape. 

SA’s newest chrome producer sees recovery in 2002

12th November 2001 Despite ferrochrome prices reaching near thirty-year lows, SA Chrome MD Terence McConnachie is confident that prices will stabilise in the next quarter when the first sale of product from its 235 000 t plant in the North West province should start. 

Union, mining group close to deal on strike

6th November 2001 Mining company BHP Billiton said it hoped a 25-day wage strike at its Samancor unit would soon be resolved after a key union said it may end the strike today. 

Mining group’s life may be short following approach

By: Terence Creamer     1st November 2001 Although steel and mining group Iscor has confirmed a formal approach for its mining business, it is unlikely that any moves will be made until after the conclusion of unbundling process on November 26. 

Iron-ore deal is trade compliant – Erwin

By: Terence Creamer     31st October 2001 Trade and Industry Minister Alec Erwin has strongly defended as trade-rule compliant a recently-announced deal through which South Africa’s largest steel company, Iscor, has secured an undivided 6,25-million tons a year of iron-ore from its associate Kumba Resources. 

Miner opposes sympathy strikes

30th October 2001 Diversified miner BHP Billiton on Monday appealed against a court order which would allow workers at its South African aluminium and manganese units to join strikers at its ferrochrome plants. 

$350m HBI plant on cards for SA

26th October 2001 The construction of a low-cost $350-million hot-briquetted iron (HBI) project in South Africa, is being promoted by minerals and metallurgical technology parastatal Mintek. 

Empowerment-in-mining plans

By: Martin Zhuwakinyu     26th October 2001 Black economic empowerment (Bee) companies are set to benefit over the next few years from several projects worth billions of rands being promoted by mineral and metallurgical parastatal Mintek. 

Is iron-ore deal trade law friendly?

By: Terence Creamer     19th October 2001 The complex iron-ore procurement arrangement at the heart of the Iscor-Industrial Development Corporation (IDC) unbundling deal, announced late last month, could raise the eyebrows of increasingly skittish competition authorities worldwide. 

Aussie magnesium plans progress

17th October 2001 Gold-miner Normandy Mining’s 62%-owned subsidiary Australian Magnesium Corporation (AMC) announced arrangements for a capital raising for up to $525-million for the development of the Stanwell magnesium project. 

Strike hits ferrochrome output

12th October 2001 Ferrochrome producer Samancor, a subsidiary of BHP Billiton, has cut 40 000 tons of its 850 000 tons annual output because of a wage strike that started on Thursday, a BHP Billiton spokesman said. 

‘China to cushion iron-ore prices’

By: Terence Creamer     12th October 2001 South Africa’s leading iron-ore producer is confident that the commodity remains in decent shape despite current woes in the international steel sector, where talk of rationalisation is rife. 

Now ferrochrome strike looms

10th October 2001 The National Union of Metalworkers of South Africa (Numsa) said its members would embark on a wage strike from Thursday at the ferrochrome units of Samancor, a subsidiary of mining giant BHP Billiton. 

Chrome operation gets new machines

5th October 2001 The reputation of Volvo equipment and the support provided Babcock Equipment has lead a Pretoria plant-hire company to purchase three materials-handling machines for its new opencast operations. 

SA iron-ore project less urgent after unbundling deal

By: Terence Creamer     2nd October 2001 The development of the Welgevonden iron-ore mine, in the Northern Cape, is likely to be less urgently pursued following last week’s unbundling agreement between Iscor and the the Industrial Development Corporation IDC. 

Firm saves R1,3m in new IT implementation

14th September 2001 Iron, steel and mining giant Iscor saved R1,3 million within 195 days on its human resources datamart project, the first of seven projects it has undertaken with the Acta data-management solution, a 33% return on its original investment. 

Golden bid won’t force magnesium rethink

12th September 2001 Australian Magnesium Corporation (AMC) said it would soon launch a revised equity raising to fund its A$1,3-billion magnesium plant in Queensland. 

Swiss group in new facility era

By: Keith Campbell     7th September 2001 SWISS-based mining group Xstrata saw the commissioning of a number of important new facilities during the first half of this year. 

Ferrochrome electrical contract nears completion

7th September 2001 A fast-track electrical and instrumentation contract on a furnace and sinter plant for Bateman Titaco at Assmang’s Machadodorp ferrochrome works is being completed by B&W Industrial Technology. 

SA miner pleads for sanity in Aussie iron-ore rail talks

By: Terence Creamer     7th September 2001 Fledgeling South African mining group Kumba Resources – which is to list as an independent entity following the unbundling of steel and mining company Iscor later this year – is hoping that sanity will prevail as it begins negotiating access to rail infrastructure for its proposed... 

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