[Ferro-Alloys.com]Chinese FeMo offer dropped to RMB-/mt by acceptance.

tight supply of silicon metal existed even until the end of June 2014 in China. Producers said their businesses were hot recently and it was very hard to procure spot silicon metal for export order due to quite tight supply.

Molybdenum prices kept falling on Friday June 27 as “panicking” traders liquidated stocks.

Gabonese State-owned mining company Société Equatoriale des Mines (SEM) and Dubai-based group Navodaya Trading DMCC (NTDMCC) have announced a joint-venture (JV) partnership to explore and develop the manganese deposit in Okondja, in eastern Gabon.

Low capacity utilization of two subsidiaries of State-owned IDCOL (Industrial Development Corporation of Odisha Limited) has resulted in production loss of `134 crore during 2008-2013.

Premier African Metals (LON:PREM) will now focus on its RHS tungsten project in Zimbabwe, while the viability of a pilot plant at its Zulu pegmatite deposit is also under study.

Monchegorsk In line with the Nickel refinement salt flow recycling investment project Kola MMC (subsidiary of MMC Norilsk Nickel) commenced the construction of another major unit - intermediate salt storage depositary.

Tata Steel Ltd’s chromium mine in Odisha must remain shut till 10 July when a case filed by its competitor for redistribution of the mine comes up for its next hearing, according to an Odisha high court order reviewed by Mint.