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 its operational performance for the six months ended December 31, 2008, Kovarsky noted that IFM was disappointed in the collapse of ferrochrome [...]

Australian iron ore company Cape Lambert has reached an agreement with Marampa Iron Ore Limited, a subsidiary of African Minerals, to increase its investment in Marampa, the holder of the Marampa Iron Ore Project in Sierra Leone to approximately 35%.
The consideration payable by Cape Lambert for its increased investment in Marampa is the issue of 17 million fully paid [...]

20 January 2009
Rio Tinto Alcan plans to implement further production curtailments to align production with customer demand. Further to curtailments which occurred in the fourth quarter of 2008, totalling five per cent of global production, Rio Tinto Alcan plans to reduce aluminium output by another 230,000 tonnes. This brings the total production decrease to 450,000 tonnes or approximately 11 [...]

 
Rio Tinto’s subsidiary, Rio Tinto Iron & Titanium, has begun production of ilmenite at its QMM mineral sands operation at Fort Dauphin in Madagascar.
The development (owned 80 per cent by Rio Tinto and 20 per cent by the Madagascar government) began as an exploration project in the 1980s and is the second largest investment on the island. Ilmenite from [...]

Chromex Mining, the AIM listed dedicated chrome company, announced today that it has finalised plans to construct a new processing facility at its Stellite chrome mine (‘Stellite’) on the Western limb of the Bushveld Complex in South Africa.   The plant, which is expected to be commissioned at the end of April 2009 for a cost of approximately ZAR 22 million (GBP 1.5 million), has been designed to process circa 40,000 tonnes per month run of mine ore.  When operational, it will [...]