GOVERNMENT, through Apple Bridge Investment - a special purpose vehicle established to facilitate chrome ore exports - has set prices at which it will buy the mineral from local producers.
South Africa- and Singapore-based commodities trader Sail Group, in conjunction with integrated chrome producer Afarak Group and trade services company Chinalight Resources, launched the Sectional Block model – an approach to mine development that serves both...
THE government has placed a cap of 200,000 metric tonnes on raw chrome exports to end of December this year in a move aimed at enhancing viability of local smelting firms.
It was a boom for five years. With high profit margins, easy availability of iron ore and coal, and better logistics, Odisha became a hot seat for sponge iron industry in India during 2005-2010, leading to mushrooming of sponge iron units – 95 of them. Howeve...
Chinese chrome smelting company, Afrochine’s Selous smelting plant is failing to reach full production capacity due to feedstock shortages, the company has said. The company is considering increasing production following the recent lifting of a ban on chrome ...
Government has identified four potential international buyers of chrome ore while issuance of export licences to local producers has started, a senior official has said.
Chrome ore mining companies are yet to benefit from the lifting of a ban on exports of chrome ore of up to 30 million tonnes amid indications that little will be exported this year pending finalisation of export licences.
Dosman Mangisi Mining Correspondent
SCORES of small scale chrome miners are in a fix as they cannot sell their produce at competitive prices four months after the government lifted the ban on the raw export of the mineral.
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