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JP Morgan Reduces Estimates On Minerals Technologies

Nov. 1, 2010 - JP Morgan has published a research report on Minerals Technologies (MTX) following 3Q results that reported increased sales and profits. In the report, JP Morgan writes "MTX's 3Q:10 consolidated sales increased 7%, gross profit improved 19%, operating income rose ...

Austrian refractories maker RHI to install plant in Brazil

Oct. 26, 2010 - Austrian refractories manufacturer RHI AG is said to invest some R$234.1m to set a plant in Brazil, but detailed information is not released yet. Please see "Magnesita studying alliance to form the largest refractories company in the world" for reference.

Iluka rations zircon due to supply constraints

Oct. 26, 2010 - ILUKA Resources is rationing zircon supply to customers because it cannot meet demand. In its September quarter report yesterday, Iluka said it had reached nameplate capacity in July at its Jacinth-Ambrosia mine in far west South Australia and at Murray Basin 2 - ...

Deadlock over dolomite transportation at BSP

Oct. 29, 2010 - Chhattisgarh had banned the transportation of dolomite from the Steel Authority of India Limited (SAIL) mines in Bilaspur for alleged violation of norms. SAIL has a major dolomite mining operation in Hirri of Bilaspur district, about 100 km from Raipur. Dolomite ...

GrafTech International announces Q4 2010 outlook

Nov. 1, 2010 - Based on International Monetary Fund projections and other economic reports, global economies continue to recover, to varying degrees, however downside risks remain high. The fragility of the global economic recovery remains a concern in both advanced and emerging ...

Industrial Minerals US mine to start production Feb. 2011

Nov. 2, 2010 - Industrial Minerals Corporation Ltd says it's on track to bring its Oregon heavy minerals project in the US into production in late February next year. Chief executive Philip Garratt said the $US50 million ($A50.65 million) project was based on a unique deposit ...

India NALCO tender for sale of 30,000 T alumina

BHUBANESWAR, India Nov. 2, 2010 - India's state-run National Aluminium Co Ltd (NALCO) has issued a tender to export 30,000 tonnes of alumina for delivery in the last week of this month, a company source said on Tuesday. The last date for submission of bids is Nov. 10, the ...

CVS Makina to supply ladle furnace to Turkish steelmaker Cemtas

Nov. 2, 2010 - Kocaeli-based CVS Makina, Turkey's only engineering and plantmaking company for the iron and steel sector, has announced that it will supply a ladle furnace to Bursa, Turkey-based steelmaker Cemtas A.S. As a result of the investment, the low-heat steel produced by ...

Magnezit completes modernization of gas-purifying facilities roasting plant magnesite powder

Nov. 2, 2010 - The project of modernization of gas-purifying facilities 1 site roasting plant magnesite powder production department of the Group Magnesite (Satka, Chelyabinsk region), worth 400 million rubles, has entered its final stage. Completes modernization of gas cleaning ...

Exxaro shuts down S.Africa mineral sands Furnance 2

Nov. 1, 2010 - South African diversified miner Exxaro said on Monday it will lose 9,000 tonnes per month in slag production after shutting down Furnace 2 at its Kwazulu Natal mineral sands unit following an incident (occurred on 24 October 2010.). The company said in a statement ...

i-minerals inc. Announces Positive Results of its PFS for the Kelly's Basin project

Nov. 3, 2010 - i-minerals inc. is pleased to announce estimated probable Mineral Reserves of 10.455 million short tons and the updated status of its Preliminary Feasibility Study ("PFS") for the Kelly's Basin Deposit. The PFS covers one of two deposits of economic interest ...

Imerys Announces Sharp Increase in Consolidated Results for the First Nine Months of 2010

Nov. 3, 2010 - the Board of Directors of Imerys, meeting under the chairmanship of Aimery Langlois-Meurinne, examined the non-audited consolidated results to September 30, 2010, as presented by Chief Executive Officer Gerard Buffiere. Gerard Buffiere commented: "During the first ...

Carborundum Universal Expects electromineral price to increase in Q3 FY 11

Nov. 3, 2010 - Carborundum Universalheld conference call on 29th Oct 2010 to discuss its performance for the quarter ended Sep 2010. The meeting was addressed by Mr. K Srinivasan, Managing Director and Mr. Ramesh V. CFO of the company. Key points from the discussion For Sep'10 ...

Silica extends Senior Management Team in UK and Nordic

Nov. 3, 2010 - Nigel Ward is joining Silica as country director for the UK & Ireland and Bill Osterlund is being promoted to become Silica Nordic sales director. Announcing the appointments, Miguel Fernandez, Silica President commented, "The new regional leaders will help us ...

A refractory brick interior to be built at Hanford plant

Nov. 3, 2010 - The first of two 125-ton melter assemblies for the Hanford vitrification plant has started its slow journey from Utah, taking up two lanes of the roads it travels. The melter assembly is being carried on a 190-foot-long, heavy-haul transporter that can travel a ...

RHI AG intends to increase refractories price again

Nov. 10, 2010 - RHI AG is planning to raise its prices in the current quarter. Barbara Potisk-Eibensteiner, head of treasury, investor relations and risk management of the company, said: "we raised prices at the end of Q2 and the start of Q3 owing to increases in the prices of ...

IFGL Refractories net plummets 47.88% for Sep '10 qtr

Nov. 12, 2010 - IFGL Refractories announced a phenomenon drop in standalone net profit for the quarter ended September 2010. During the quarter, the profit of the company declined 47.88% to Rs 19.70 million from Rs 37.80 million in the same quarter last year. Net sales for the ...

AGV to acquire additional Queensland bauxite projects

Nov.12, 2010 - Australian Gold Investments ( AGV) has reached a binding agreement to acquire 80% interests in the South Queensland Projects from Volcan Holdings Inc, in addition to the recently announced acquisition of 80% interests in the South Johnstone Projects. The extensive ...

BAU Appoints Scott Donaldson as Chief Executive and Executive Director

Nov. 10, 2010 - Australian resources company Bauxite Resources Limited (BAU) announces the appointment of Scott Donaldson as Chief Executive and Executive Director of the Company. The appointments will take effect from 31 January, 2011. Mr Donaldson is a qualified mining engineer ...

4 refractories companies named in six asbestos suits

CHARLESTON, Nov. 10, 2010 - Six suits involving asbestos were filed in Kanawha County naming 145 companies as defendants. Phyllis Bodo, executrix of the Estate of David Bodo, deceased; Connie Castner, executrix of the Estate of Alfred B. Castner Jr., deceased; Joyce Ann Neely, ...
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