Magnezit Group Gained the Leader of Branch-2012 Title in Ukraine 2012-11-02

Oct. 30, 2012 - Panteleymonovka Refractory Plant (settlement Panteleymonovka, town Gorlovka, Ukraine) which makes part of Magnezit Group, has been awarded the title of honour "Leader of Branch - 2012" in nomination "Production of Refractories" and has been taken the second line in the Ukrainian "National business-rating". In order to determine the leading plants of branches of economy the State …

Northern Graphite Submits Mine Closure Plan 2012-11-01

Oct. 31, 2012 - Northern Graphite Corporation is pleased to announce that the Mine Closure Plan ("MCP") for its 100% owned Bissett Creek Mine has been submitted to the Ontario Ministry of Northern Development and Mines ("MNDM"). Approval of the Mine Closure Plan by the MNDM will enable the Company to commence construction of the Bissett Creek Mine, subject to financing.The MCP is an all-encompas…

Third Quarterly Report of Australian Bauxite in 2012 2012-11-01

Oct. 30, 2012 - Australian Bauxite Limited quarterly report is dated 30th October 2012 and is for the three months to 30th September 2012 with the following principal points:Corporate- Share Purchase Plan raises $455,850- Cash in hand at 30 September was $2.29 million Exploration- Tasmanian bauxite project taking shape-- 334 holes & 1,521 samples have defined best bauxite zones in central No…

New Phenolic Resins Joint Venture Facility Constructed in China 2012-11-01

Nov. 1, 2012 - Momentive Specialty Chemicals Inc. ("Momentive Specialty Chemicals"), a leading global producer of specialty chemicals and materials, and UPC Technology Corporation ("UPC"), a leading Greater China-based producer of specialty chemicals, have recently broken ground on a joint venture manufacturing facility. The facility will produce specialty phenolic resins and be operated by Zhen…

RHI AG to Buy Orient Refractories for Rs 550 cr 2012-10-31

Oct. 29, 2012 - RHI Group, the $1.1-billion German major engaged in refractory business, is set to acquire Delhi-based Orient Refractories for an equity value of about Rs 550 crore from the Rajgarhias, two persons familiar with the development said."The negotiation is in the final stages and is likely to close early November," one of the persons quoted above said, requesting anonymity due to reg…

Chalco Swings to Loss on Sluggish Demand and Lower Prices 2012-10-31

Oct. 30, 2012 - Sluggish global demand and lower aluminum and alumina prices took Aluminum Corp. of China Ltd.'s (ACH) third quarter lower, its earnings report showed. The country's biggest alumina and aluminum producer by output reported a net loss of RMB1.08 billion ($173 million) for the three months ended Sept. 30, compared with a net profit of RMB555 million a year earlier. Revenue in the p…

Calderys Received an Order from Selas-Linde GmbH 2012-10-30

Oct. 29, 2012 - Calderys Deutschland received an order from Selas-Linde GmbH for the engineering and material supply of approx. 790t of refractory material for a hydrogen reformer and a cold outlet header, as well as for the installation of the cold outlet header. This is a hydrogen reformer for the Tüpras refinery in Izmir/Turkey. With a capacity of 160.000 Nm³/h this is the largest hydro…

Focus Graphite Announces Positive PEA of Lac Knife Project 2012-10-30

Oct 29, 2012 - Focus Graphite Inc. announces positive results of the Preliminary Economic Assessment ("PEA") on its Lac Knife Graphite Project. The PEA was prepared by Roscoe Postle Associates Inc. ("RPA"), in collaboration with Soutex Inc. ("Soutex" - responsible for metallurgy and mineral processing) and demonstrates that the Project has robust economics and excellent potential to become a pro…

Magnesita Refratarios SA Announces Change of CFO 2012-10-29

Oct. 19, 2012 - Magnesita Refratários S.A. announces to its shareholders and generally to the market that its Board of Directors, at meeting held on this date, accepted the resignation request presented by Mr. Flávio Rezende Barbosa to the position of Chief Financial Officer and Investor Relations Officer of the Company and also approved: (i) the election of Mr. Octávio Cortes Pereira Lopes t…

ArcelorMittal confirms French furnace closures 2012-10-26

Oct.1, 2012 - ArcelorMittal told unions it will permanently close two mothballed furnaces in northeastern France, enraging workers who blocked access to the steel plant and management offices at the site on Monday.In a blunt response to the Socialist government's demand last week that it restart or sell the furnaces, ArcelorMittal said it would give the state a two-month window to try to find a …

Alumina Partner Alcoa Posts Quarterly Loss 2012-10-26

Oct. 25, 2012 - Alumina received no dividends from its joint venture partner Alcoa in the three months to September after the US company posted a third quarter loss of $US143 million ($A140.96 million). Melbourne-based Alumina's only earning asset is its 40 per cent stake in Alcoa World Alumina and Chemicals (AWAC), which it co-owns with Alcoa. Alcoa's loss in the third quarter of calendar 2012 …

ZincOx establish a joint venture with Magnezit in Russia 2012-10-25

Oct. 22, 2012 - Zinc recycling specialist ZincOx announced a further endorsement of its technology - as it unveiled a joint venture agreement to establish a facility in Russia.On Friday, it entered into the deal with Ural-Recycling, a subsidiary of Magnezit Group Ltd, which will cover the first phase of a programme for a waste dust recycling facility.ZincOx liberates zinc from the dust left over…

Syrah Resources Gets Serious about Graphite 2012-10-25

Oct. 20, 2012 - Even with global equity market jitters and declines in the prices of many mineral commodities, one of the more extraordinary phenomena at the moment is the fact that wallets and chequebooks are still wide open - provided you have what investors see as the right project.Graphite seems to be one of those "right" stories - and a graphite project in Mozambique in particular.Syrah Res…

OMC's Chrome Ore Selling Procedure is Questioned 2012-10-25

Oct. 22, 2012 - Controversy has hit Odisha Mining Corporation (OMC) over its decision to sell chrome ore of the same grade at the same location at different prices, with a former MP challenging the state-owned undertaking's auction procedure in court."In the matter of auction sale of chrome ore/chrome concentrate by fixing two different rates for the same material for Odisha-based and outside Od…

BSP Establishes Blast Furnace No 8 with Requiring 23,166T Refractories 2012-10-24

Oct. 16, 2012 - Bhilai Steel Plant (BSP) has taken up yet another critical job under its expansion and modernization plan in the fast upcoming Blast Furnace No 8 (BF 8) Project with the inauguration of the job of layering of refractory castable of furnace bottom in Furnace Proper area.A statement issued by the company here said that the total volume of refractory material that would be used for …