News

Chromium: Tata Steel Gopalpur ferrochrome plant nearing completion

Roskill view: Tata Steel is one of several companies that has announced intentions for opening/expanding ferrochrome capacity. It plans to bring a new 50,000tpy HC ferrochrome plant on stream in India. The plant in Gopalpur, Odisha state, was originally intended to open in 2014 but has been beset by delays.… Read more

Rare Earths: China to take tougher stance on illegal mining

Roskill view: Chinese government sources spoke at the 8th Baotou International Rare Earth Forum last week about ongoing plans to crack down on illegal mining and to take a ‘zero tolerance approach’. Mining from unofficial sources accounts for 25-30% of global rare earth supply in 2016. Illegal mining is carried… Read more

Magnesia: RHI mothballs Porsgrunn fused magnesia plant

Roskill view: RHI Normag, the Norwegian subsidiary of Austrian-headquartered refractories group RHI AG, is to mothball production at its fused magnesia plant at Herøya Industrial Park in Porsgrunn, Norway, according to local press reports last week. The news will perhaps not come as a surprise to many, given that the… Read more

Tin: Chinese smelters shuttered over environmental concerns

Roskill view: In China, the world’s largest producer of mined and refined tin, a new wave of environmental inspections may lead to shutdowns or production cutbacks, possibly affecting some 60-80,000t of supply, if all remain shuttered. Roskill expects that some of the slack will likely be taken up by excess… Read more

Molybdenum July 2016 Quarterly Review – Sample

Ferromolybdenum prices recover strongly in Q2 2016 In 2015, the picture that molybdenum prices painted was bleak, as quarterly US ferromolybdenum prices continued to show consecutive declines since Q3 2014.  Quarterly US ferromolybdenum prices reached a low of US$5.65/lb Mo in Q4 2015, a decrease of 60% compared to the… Read more

The Industrials Mineral Markets and Outlook in 2016

Mood of the industrial mineral markets – any silver linings? Industrial minerals markets, though diverse, have largely been in decline throughout 2015 and 2016 because of falling demand growth in major markets, declining oil prices and oversupply.   To capture the mood of the industry, Roskill’s David Merriman attended the Industrial… Read more

Africa Mining Report – Namibia Sample

Namibia gained independence in 1990 from South Africa and it is because of this historic link, and geographical proximity, that the country’s economy remains closely tied to its southern neighbour.  The Namibian dollar (NAD) remains pegged on a one-to-one basis to the South African rand (ZAR) and its central bank… Read more

Cobalt Quarterly Update July 2016 – Sample

Tenke Fungurume Mining sold to Chinese producer In early May, Freeport-McMoRan Copper & Gold (FCX) announced the sale of its largest African copper mine to China Molybdenum (CMOC). FCX has an effective 56% interest in Tenke Fungurume Mining (TFM) in the DRC. Lundin Mining (24%) and state-owned-enterprise, Gécamines (20%), own… Read more