Sectors
NIOBIUM
Russia to significantly increase domestic niobium production
Russia plans to significantly increase the volume of domestic niobium production in the coming years, that will be achieved through the expansion of the existing production and processing capacities. As part of these plans, production will be accelerated on...
STEEL
Saarland’s steel industry is participating in Mapudo GmbH
On behalf of Saarland’s steel industry, SHS Ventures, a venture capital company, has acquired a stake in Mapudo GmbH, an independent trading platform for steel traders based in Düsseldorf. The investment in the single digit million range has taken...
PLATINUM
Sibanye to Acquire Stillwater Mining Company for $2.2 Billion
Stillwater Mining Company announced that it has entered into an agreement with Sibanye Gold Limited , under which Sibanye will acquire Stillwater for $18.00 per share in cash representing an aggregate enterprise value of $2.2 billion. The $18.00 per...
PHOSPHATES
Phosphate Mining Firms Set Sights on Southern Africa’s Sea Floor
A persistent fear of diminishing phosphorus reserves has pushed mining companies to search far and wide for new sources. Companies identified phosphate deposits on the ocean floor and are fighting for mining rights around the world. Countries in southern...
NIOBIUM
Anglo American to Sell Brazilian Niobium and Phosphates Businesses to China Molybdenum
Anglo American plc announces it has reached agreement with China Molybdenum Co. Ltd to sell its Niobium and Phosphates businesses for a total cash consideration of $1.5 billion . The total consideration will be payable to Anglo American at...
NIOBIUM
Chinese firm buys Anglo American niobium and phosphate operation in Brazil
As of October 1, 2016 China Molybdenum Co will own Anglo American’s niobium and phosphates businesses in the Brazilian states of Goiás and São Paulo. Specifically, CMOC bought Fosfatos Brasil Limitada and Nióbio Brasil Limitada, as well as the...
STEEL
K Steel Introduces NEXMETâ„¢ Family of Next Generation High Strength Steels
AK Steel announced it is launching NEXMETâ„¢, an innovative family of high strength steels for use in automotive lightweighting applications. These products are specifically designed to assist automotive original equipment manufacturers (OEMs) in meeting 2025 U.S. Corporate Average Fuel...
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