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Roskill Rare Earths: Market pressures revving into gear

Read about Roskill’s insights into the recent rare earth market pressures and price movements. View here Highlights: NdPr permanent magnets, electric vehicles, catalysts, supply-demand balance, China and prices. Roskill Information Services has published 16 editions of its multi-client report on the global rare earths industry over the last 40 years.… Read more

Vanadium: IRL buys Mapochs mine in South Africa

Roskill view: The Mapochs mine has been sold at auction to International Resources Limited (IRL) of China. IRL has interests in mining, forestry and real estate. News hit the market in early September that the mine in South Africa was to be auctioned on 14 September 2017. IRL tried and… Read more

Chrome: Hernic Ferrochrome enters business rescue

Roskill view: Hernic Ferrochrome has entered business rescue, after being required to repay its loan of a key lender in full by 1 April 2018. The business rescue allows for reassessing the company’s financial alternatives and repayment structure of the loan. Hernic operates a 420ktpy charge chrome smelter in Brits,… Read more

Chromium

Chrome: Traxys suspends ferrochrome production at Richards Bay

Roskill view: Richards Bay Alloys has suspended ferrochrome operations in South Africa for three months owing to low ferrochrome prices, its parent company, Traxys, confirmed. Luxembourg-based Traxys bought the operation from Tata Steel KZN plant in 2016. Tata KZN went into business rescue proceedings in mid-2015. The Richard’s Bay smelter… Read more

Cobalt

Nickel/Cobalt: IGO’s Australian mine is ramping up

Roskill view: The Nova nickel-copper-cobalt mine, owned by Independence Group (IGO), officially opened on September 8th in Western Australia. IGO became the sole owner of the Nova mine following its September 2015 purchase of Sirius Resources. The underground mine achieved commercial production in July 2017, a year ahead of expectations.… Read more