Highsun Group Wins Rights To Explore Kaolin In Guangxi 2011-04-01

Apr. 1, 2011 - Beihai Kaolin Technology, a subsidiary of Guangdong Highsun Group, won the exploration rights to a kaoline mine in Hepu county, Guangxi provnce, from the Land and Resources Department of Guangxi province, on March 30, reports Shanghai Securities News, citing a group filing.The kaolin mine is to have production capacity of three million tons of kaoline a year on an e…

Chinese demand, takeover talk propels Iluka Resources 2011-04-01

Apri. 1, 2011 - Shares in Iluka Resources, the world's biggest zircon producer, rose to a record yesterday, driven by price gains fuelled by demand from China as well as takeover speculation.Iluka, which has a market valuation of $5.6 billion, gained 8.75 per cent to $13.30, the highest since July 1968. The Perth-based company has risen 17 per cent in the past two days."It's all about the zircon…

First US chromite mine to start production in April 2011-03-31

Mar. 30, 2011 - Oregon Resources Corporation, the US subsidiary of Industrial Minerals Corp, plans to start operations in April from its Coos Bay mineral sands mine and nearby processing facility, ramping up to full production by July, Oregon COO Dan Smith said in an interview.Oregon will supply chromite and zircon sands for the foundry industry; the sands are used to make molds for the castings…

Base secures $US150m finance for Kwale 2011-03-30

Mar. 30, 2011 - Shares in Base Resources were higher after the company announced it had secured a $US150 million finance facility for its Kwale mineral sands project in Kenya.The company said its lead arranger WestLB had received in-principle confirmation of the proposed terms of syndicate participation from a number of other lenders, with combined indicative commitment levels exceeding the US$1…

China GengSheng Expands Fracture Proppant Capacity to Address Growing Deman… 2011-03-30

Mar. 29, 2011 - China GengSheng Minerals, Inc., a leading China-based high-tech industrial materials manufacturer producing heat resistant, energy efficient materials for a variety of industrial applications, today announced that it has signed a definitive agreement with a local affiliate in Gongyi, Henan Province to manufacture 30,000 metric tons of its fracture proppants through the end of 201…

RUSAL signs MOU with Chinese firm on aluminium 2011-03-29

Mar. 28, 2011 - United Co RUSAL Plc , the world's top aluminium producer said on Monday that it had signed a memorandum of understanding (MOU) with Xinshan Aluminum Industry Demonstration Park, a state-backed aluminium complex in Guangxi autonomous region, to develop bauxite mining and alumina and aluminium production projects.Within two months, a working group would be set up to analyse de…

Schlaff plans to sell his stake in RHI AG to Magnesita 2011-03-29

Mar. 28, 2011 - Martin Schlaff plans to get rid of his stake in technology and fireproof products manufacturer RHI AG, according to reports.Business magazine Trend claims today (Mon) that the Austrian billionaire wants to sell his interest to Brazilian Magnesita Refractories SA (Magnesita), one of RHI's main rivals.Schlaff, who started investing in RHI four years ago, currently holds more than 2…

Dow Corning investing $30m in silicon metal manufacturing site in Alabama 2011-03-29

Mar. 28, 2011 - Dow Corning Corp. is investing about $30 million at its Alabama silicon metal manufacturing facility.According to officials at the Williams Township-based company, the investment will be used to enhance equipment and technology at the site, helping to make the site more efficient."This investment signifies Dow Corning's commitment to sustaining the success of this site in Mt. Mei…

Spinel Refractories for Oxy-Fuel and Solar Glass Melters 2011-03-28

Mar. 23, 2011 - Following recent installations of DSF Frimax 7 Spinel in oxy – fuel and conventional glass melting furnaces DSF Technical Manager Chris Windle is presenting a paper entitled "Spinel Refractories for Oxy-Fuel and Solar Glass Melters" at the Annual Meeting of the International Commission on Glass (ICG) in Shenzhen China.The ICG 2011 Annual Meeting and 1st High-tech Internatio…

Bauxite Resources's Joint Venture Conditions Precedent Satisfied 2011-03-28

Mar. 24, 2011 - Bauxite Resources Limited has signed an agreement with Yankuang Corporation to confirm that all the conditions precedent in the Bauxite Resource Joint Venture and Alumina Refinery Joint Venture have been satisfied. The two joint ventures will have an official Commencement Date of 1 April 2011. The Conditions Precedent had included relevant Chinese and Australian regulatory approv…

S&B: Net Profit Increased To €13.1mn in 2010 2011-03-25

Mar. 24, 2011 - Significant margin expansion led to record profitability for the Bentonite, Continuous Casting Fluxes and Minerals Trading Divisions, according to the Board of Directors.FULL YEAR 2010 HIGHLIGHTS* Sales increase of 25.1% compared to 2009, with positive momentum maintained throughout the year* EBITDA growth ahead of sales, increasing 53.5% compared to 2009 as a result of strong op…

Cliffs to decide a smelter site for its Ontario chrome project 2011-03-25

Mar. 24, 2011 - Cliffs Natural Resources wants to get its chromite project, in Ontario's Ring of Fire, moving as quickly as possible and expects to have a prefeasibility study, which means decisions on transport infrastructure and where to build a smelter, by around September this year, according to Bill Boor, ferroalloys president of the company.

DSF - Spinel Refractories for Oxy-Fuel and Solar Glass Melters 2011-03-24

Mar. 23, 2011 - Following recent installations of DSF Frimax 7 Spinel in oxy – fuel and conventional glass melting furnaces Our Technical Manager Chris Windle is presenting a paper entitled “Spinel Refractories for Oxy-Fuel and Solar Glass Melters” at the Annual Meeting of the International Commission on Glass (ICG) in Shenzhen China.The ICG 2011 Annual Meeting and 1st High-tech International…

China Carbon Graphite Group Expects Continued Growth 2011-03-24

NEW YORK, March 23, 2011 - China Carbon Graphite Group, Inc. , the largest wholesale supplier of fine-grain and high-purity graphite in China and one of the nation's top manufacturers of carbon and graphite products, today announced that its management believes that the ensuing problems with Japan's nuclear facilities are not expected to diminish the Company's growth prospects.Despite the recent…

Mobarakeh becomes largest steel producer in Middle East 2011-03-24

Mar. 21, 2011 - With the acquisition of slab maker Hormozgan Steel, Mobarakeh is now the largest steelmaker in the Middle East, according to a local report. Mobarakeh's present capacity has now reached 7 mln tpa.Hormozgan's plant includes two 825,000 tpa Midrex DRI modules, a steelmaking plant with two electric arc furnaces, two ladle furnaces and a two-stand continuous slab caster. According to…