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? Mining companies finally embracing digital technologies
Recent covid-19 related regulation in South Africa allows platinum mines to resume operations up to 50% of capacity, requiring facilities to have suitable quarantine and testing facilities. Companies are experiencing cash flow issues leading them to go into cash conservation mode, which has a knock on effect in the consulting environment. Due to pressure from […]
TOMRA: Automating chrome mining processes to reduce wasted energy and water in South Africa.
Chrome sorting process separates the waste at the beginning of the process to reduce water, energy and chemical use later in the process. TOMRA’s process uses half the energy of competing processes. Chrome spot price may increase based on demand out of China, who is now out of lockdown. Links waste reduction to profits giving […]
Ore trader cautions that it’s going to be a “very tough year”
China has become more dependent on South Africa for its chrome and manganese requirements China has sufficient stocks to last a few months Depending on how long South Africa remains in lock-down will determine the impact on prices However, Jonathan stresses that this was always going to be a challenging year for China, irrespective of […]
June Ferrochrome Market Overview: Benchmark Prices Fall Hard
Our June chrome market report details how the downward trend culminated in a significant drop in the ferrochrome benchmark price to 104c/lb from 120c/lb in the second quarter. The Chinese benchmark price is currently at 74-75c/lb for the third quarter from the previous 76-77c/lb. The market was definitely impacted by the depreciation of the Yuan […]
Trump’s Tariffs Affect Chrome Markets
In our latest Ferrochrome Monthly, Core Consultants acknowledged a vast improvement in the European ferrochrome benchmark price. Prices soared from $1.18/lb in the first quarter to a whopping $1.42/lb in the second quarter 2018. This represents a rise of 20.3% q.o.q and was entirely unanticipated on our part. However, rising costs for global ferrochrome producers, […]
Help Chrome has Fallen off a Cliff
Presented to members of the SAIMM in June 2017. This video presentation highlights the volatility of the chrome market, paying close attention to the inventory levels and stocks at ports. Download Presentation
Understanding The Portnex/Zimasco Relationship
Unfortunately when it comes to understanding what is going on in Zimbabwe, discerning what is fact is always challenging. We have therefore sought the correct story from Zimasco and feel that it is necessary to share this with our clients so as to better understand the market situation. As part of its strategy to sweat […]
South African Chrome And Ferrochrome Relations
On September 18th 2011, Alexis Assimacopoulos, Analyst at Core Consultants, presented on South African chrome prospects for China at the 2011 Ferroalloy-Net Nickel and Chrome conference in Taiyuan City On September 18th 2011, Alexis Assimacopoulos presented on South African chrome prospects for China at the 2011 Ferroalloy-Net Nickel and Chrome conference in Taiyuan City. The […]