Posco and Japanese Tokai Carbon to Form Isotropic Graphite Venture 2011-11-25

Nov. 21, 2011 - Posco ChemTech Co. and Tokai Carbon Co. signed a contract to form a venture to produce isotropic graphite.The unit of South Korean steelmaker Posco will hold 60 percent of the venture, which will have an annual capacity of 4,000 metric tons by the end of 2014, and the Japanese partner will own the rest, according to an e-mailed statement from Posco today. Isotropic graphite is us…

Danieli Corus Gets Order for Taphole Design from Ternium Siderar 2011-11-25

Nov. 24, 2011 - Danieli Corus has received an order from Ternium Siderar for services, site services and blow-in services using the proprietary oxy-fuel lance technology for the No. 2 blast furnace at the San Nicolas de las Arroyos plant in Argentina.The furnace will undergo a repair in mid-2012 and the above-mentioned services will be executed in this period. The scope of the order includes the…

Illawarra manufacturing to suffer with Shinagawa job cuts 2011-11-24

Nov. 22, 2011 - Refractory and insulating materials manufacturer Shinagawa Refractories Australasia is offering voluntary redundancies at its Unanderra office due to depreciating market demand, according to a report by the ABC.More than 30 jobs are expected to go; jobs will include production, maintenance and office jobs.The company cited a decrease in demand for its decision to trim staff …

Iluka Confident Mineral Sands Oversupply Unlikely 2011-11-24

Nov. 23, 2011 - Amid the hubbub of the AGM season, last week's market update from mineral sands heavyweight Iluka Resources garnered few headlines.But for anyone interested in where the mineral sands market is going over the next five years, Iluka offered some interesting insight into its expectations.Iluka has come up with a list of all possible new sources of mineral sands that could be brough…

Orocan Signs Definitive Agreement for Graphite Properties 2011-11-24

Nov. 22, 2011 - Orocan Resource Corp. is pleased to announce it has signed a Definitive Agreement to acquire a 100% interest in three graphite properties in Ontario, Canada, including the Black Donald and Little Bryan Properties, formalizing the letter of intent originally announced on November 7, 2011.Graphite MarketGlobal consumption of natural graphite has increased from approx. 600,000t in 2…

Gunson Receives Interest from East Asian Industrial Group 2011-11-24

Nov. 23, 2011 - Gunson Resources' Coburn zircon project in Western Australia has caught the eye of the international investors, with the company executing a non-binding term sheet with a major East Asian industrial group, (with this group's name not yet released).The group is no doubt interested in the project due to revised project returns, with financial modelling using updated TZMI price fore…

Australia Group Explores Technology to Turn Kaolin into Alumina 2011-11-24

Nov. 23, 2011 - Australia Minerals & Mining Group has been granted a five year option to acquire a technology licence that allows the processing of kaolin or aluminous clay to alumina.Remuneration terms for the exclusive, Australia-wide technology licence have yet to be agreed.Professor Shang, who owns the technology process, has previously produced 86 grams of 99.99% high purity alumina and…

Morgan Thermal Ceramics to Showcase Materials for Energy Conservation 2011-11-23

Nov. 21, 2011 - Morgan Thermal Ceramics announces that it will be featuring a range of products that promote energy conservation and operational efficiency in the power generation and general maintenance markets, in booth #5644, at the POWER-GEN International 2011 Conference.The conference will be held December 13-15, 2011 at the Las Vegas Convention Center, Central Halls, in Las Vegas, Nevada.P…

Animated Project of Magnezit Shortlisted European Excellence Awards 2011 2011-11-23

Nov. 16, 2011 - A unique animated project of Magnezit Group — animated cartoon «Our help-mate Magnezit» has been shortlisted at the European Excellence Awards 2011 in the category «Corporate Film&Video».The animated cartoon «Our help-mate Magnesite» about diverse ways of mineral magnesite application is created on the basis of over 300 drawings of the chi…

First Bauxite Files BFSU for its Bauxite Project 2011-11-23

Nov. 21, 2011 - First Bauxite Corporation is pleased to announce that the NI 43-101 Technical Report - Bankable Feasibility Study Update ("BFSU") for its Bauxite Project in Guyana, South America, prepared by the independent engineering firm, Met-Chem Canada Inc., has been filed on SEDAR and can also be found on the Company's website.The proposed development plan is to now commence operations at …

SDIF to Sell Major Magnesite Firm for Minimum $320 mln 2011-11-23

Nov. 22, 2011 - The Savings Deposit Insurance Fund (SDIF) will sell a major magnesite processing company located in the central province of Kütahya for at least $320 million at an auction to be held on Dec. 20, the company's general manager said on Tuesday.  Speaking at a press conference, Kütahya Manyezit İşletmeleri A.Ş. (KÜMAŞ) General Manager Hüseyin Gürcan …

TRL Krosaki Refractories Sets up a New Effluent Treatment Plant 2011-11-22

Nov. 22, 2011 - TRL Krosaki Refractories has installed a new effluent treatment plant (ETP) of 50KL/day capacity inside its Belpahar works at an investment of Rs8 crore. The new ETP will treat effluents and generate clean water, which will be further utilised in the plant for various purposes. The facility was inaugurated by Arup Kumar Chattopadhyay, managing director of the company, on November…

Cliffs Natural Resources Plans on Shipping Chromite to Asia 2011-11-22

Nov. 21, 2011 - Cliffs Natural Resources said it plans to send some of the chromite it mines in the Ring of Fire to refineries in Asia, despite the Ontario Mining Act stipulation that ore mined in the province must be processed in Canada.Bill Boor, senior vice president with Cliffs, said the company will seek an exemption to the Act, if necessary.He said the economic viability of the project dep…

Unanderra's Shinagawa Refractories Sheds 39 jobs 2011-11-22

Nov. 21, 2011 - Another 39 Illawarra workers will be jobless before Christmas, as the effects of the BlueScope closures continue hitting the region's industrial heartland.Shinagawa Refractories at Unanderra will lay off 39 workers after a continued downturn in business. The workers have been spoken to and it is understood the last day for many will be this Friday.Shinagawa makes refractory brick…

United Cement Signs Deal for Mining License 2011-11-22

Nov. 21, 2011 - United Cement Company won the first license for mineral exploitation and its director general, Fahd bin Abdullah Al-Harbi, signed the deal on behalf of his company."This license is issued as part of the first phase during which two more licenses would be issued to exploit limestone used for Portland and white cement," said Sultan bin Jamal Shawly, undersecretary at the ministry f…