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Xstrata Expanding Lion Ferrochrome Smelter in South Africa ...

Xstrata plc has approved development of the second phase of its Lion ferrochrome complex near Steelpoort in Mpumalanga province, South Africa. The expansion will involve construction and commissioning of a 360,000-mt/y capacity smelter and will increase the Xstrata-Merafe chrome venture's total ferrochrome capacity to more that 2.3 million mt/y.

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Merafe expects sharp drop in earnings - Miningmx

Jul 20, 2011 · Merafe is the minority partner in the Xstrata-Merafe chrome joint venture which is the world's largest producer of ferrochrome. The company said in a trading statement released on Wednesday that the joint venture would run at about 50% of .

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IFM may soon join other ferroalloy producers in shutting ...

Johannesburg, South Africa --- ESI-AFRICA.COM --- 21 February 2012 - International Ferro Metals (IFM) may soon join South Africa's other ferroalloy producers by shutting down furnaces in an allocation buy-back agreement with national power utility Eskom Holdings, saying such a deal could be of significant value to shareholders.

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Xstrata-MERAFE Furnace halts to slice production | IOL ...

Xstrata-MERAFE Furnace halts to slice production Economy / 21 February 2012, 05:00am / Shutting five furnaces to save electricity could cost the Xstrata-Merafe ferrochrome joint venture 100 000 ...

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SA ferrochrome producers announce sweeping cuts as demand ...

JOHANNESBURG (miningweekly) – Ferrochrome producers in South Africa, which account for about three-quarters of global supply, have announced .

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Merafe in R235m chrome deal - Fin24

Johannesburg - Merafe Resources (MRF) on Wednesday announced that it had acquired Samancor's 50% interest in the Xstrata-Samancor Wonderkop joint venture for R235m. Xstrata Alloys and Merafe Resources, Xstrata's partner in the ferrochrome the Xstrata-Merafe Chrome Venture, have .

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Xstrata Alloys unveils R575m community-based BEE deal

Xstrata Alloys announced late on Monday that it had concluded a black economic-empowerment (BEE) transaction with the Bakwena Ba Mogopa community. In a press statement, Xstrata said that the ...

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Glencore - Latest news

Glencore 3 days "There is no one that can be limited in doing things, so long as you have something that drives you to do what you love." Princess's journey as a student at our #Mopani Central Training Centre has fuelled her ambitions to help empower young people in her #community. Glencore. Glencore. Glencore.

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Xstrata plc Lennard Shelf operation ceases production by ...

Lennard Shelf operation ceases production by 24hgold 24hgold . Gold & Silver Prices in

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IFM may soon join other ferroalloy producers in shutting ...

IFM may soon join other ferroalloy producers in shutting down furnaces. ... IFM would join the Xstrata/Merafe joint venture which announced a similar deal on Friday, while Samancor and Ruukki have reportedly also agreed to cutbacks. ... Merafe and Xstrata said on Friday their joint venture would shut five of its furnaces until May 31, but that ...

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Merafe in R235m chrome deal - Fin24

Johannesburg - Merafe Resources (MRF) on Wednesday announced that it had acquired Samancor's 50% interest in the Xstrata-Samancor Wonderkop joint venture for R235m. Xstrata Alloys and Merafe Resources, Xstrata's partner in the ferrochrome the Xstrata-Merafe Chrome Venture, have .

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Merafe Resources Limited

Xstrata-Merafe Chrome Venture Formed 1 July 2004 20.5% of EBITD A 79.5% of EBITD A Corporate Structure Largest ferrochrome producer in the world (±20% market share) Opportunity to invest directly into Xstrata's ferrochrome business

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Contents

Merafe Resources' net profit increased by R21 million year-on-year to R41.707 million. Merafe Resources concluded an agreement with Xstrata South Africa (Pty) Limited (Xstrata) for a 20.5% participating interest in Project Lion, a 360 000 tonne per annum smelter at Steelpoort, in the Lydenburg district of Mpumalanga Province.

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Xstrata plc Lennard Shelf operation ceases production by ...

Lennard Shelf operation ceases production by 24hgold 24hgold . Gold & Silver Prices in

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HOME | Merafe Resources

We are listed on the JSE Limited in the General Mining sector under the share code MRF. Currently, the main focus of our business is on the 20.5% participation of our wholly owned subsidiary, Merafe Ferrochrome and Mining Proprietary Limited, in the earnings before tax, depreciation and amortisation (EBITDA) of the Glencore-Merafe Chrome Venture (the Venture), in which Glencore has a 79.5% ...

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Xstrata approves R4.9 billion Lion ferrochrome smelter ...

The expansion will involve the construction and commissioning of a 360,000 tonne per annum capacity smelter and will increase the Xstrata-Merafe chrome venture's ("the Venture") total ferrochrome capacity to over 2.3 million tonnes per annum.

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IFM may soon join other producers in shutting down ...

Feb 21, 2012 · Johannesburg, South Africa --- MININGREVIEW.COM --- 21 February 2012 - International Ferro Metals (IFM) may soon join South Africa's other ferroalloy producers by shutting down furnaces in an allocation buy-back agreement with national power utility Eskom Holdings, saying such a deal could be of significant value to shareholders.

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Steve Phiri: CEO, Merafe Resources Limited - Moneyweb

Sep 27, 2007 · Steve Phiri: CEO, Merafe Resources Limited Merafe's participation in Project Bokamoso, a pelletising plant in a ferrochrome operation in Wonderkop, one of the plants in a joint venture with Xstrata.

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Merafe Resources Limited - Announcement Of Wonderkop ...

Merafe"s share will ultimately increase from 17.5% to 20.5% from 1 July 2006 onwards. In terms of the current Xstrata- Merafe Chrome Venture, Merafe has the right to increase its effective interest in the Xstrata-Merafe Chrome Venture over time to 26%.

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2008 Minerals Yearbook

in 2007; and at Lydenburg to 283,000 t from 341,000 t (Xstrata plc, 2009, p. 45, 76). The proposed doubling of the Lion plant's capacity to 720,000 t/yr by the end of 2010 was put on hold because of power supply constraints. In November, Xstrata and Merafe announced plans .

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