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08 Feb 2010 by Metal-Pages
Xstrata sees recovery after drop in profits

LONDON (Metal-Pages) 08-Feb-10. Swiss-based miner Xstrata is eyeing recovery and will resume paying dividends after reporting a drop in profits last year. Xstrata reported a net [profit of $2.77 billion, down 41% from almost $4.7 billion in 2008, with revenue down 16% year on year to $23.53 billion, The company announced operating EBIDTA of $7.05 billion in 2009, which it said came despite unprecedented ...

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Base metals
Fri 05:30 Cathode material for lithium-ion batteries prices flat in weak Chinese market
Minor and specialty metals
Fri 17:31 Ferro-titanium prices continue up
Fri 16:45 WEEKLY ROUND UP: Market picture mixed amid slightly better economic signs
Fri 16:12 Rajasthan Renewable Energy invites bids to set up 50 solar PV plant
Fri 14:03 Chinese fused zirconia producers delay production restart
Fri 13:53 Sodium molybdate prices are unchanged in China
Fri 13:10 Antofagasta molybdenum output sees double-digit increase in 2012
Fri 12:55 Indian cobalt market prices pick up slightly on limited supply
Fri 12:49 Chinese selenium & tellurium market weekly review - Se prices bounce, Te still weak
Fri 12:45 Antimony price rise led by China
Fri 12:34 Chinese minor metals weekly roundup – Antimony rallies, tungsten slack
Fri 11:53 Chinese tungsten oxide prices soften on weak demand
Fri 11:41 Chinese antimony metal smelters unwilling to sell
Fri 09:28 Chinese manganese weekly review - Market remains dull
Fri 07:53 Chinese magnesium market weekly review - Market stable amind slow business
Fri 05:30 Cathode material for lithium-ion batteries prices flat in weak Chinese market
Fri 04:28 Tropical storms bug Noventa's tantalite mine
Fri 03:37 Titanium sponge market sees an uptick
Fri 02:55 Kemet buys Niotan to build vertical tantalum chain
Thu 20:13 US magnesium price tightens up on slight pick up in demand
Thu 20:01 Vanadium, the only climber on European noble alloys markets
Ferro Alloys
Fri 17:31 Ferro-titanium prices continue up
Fri 16:55 Chinese ferro-silicon weekly market review - prices stable in thin trade
Fri 16:45 WEEKLY ROUND UP: Market picture mixed amid slightly better economic signs
Fri 16:02 China's Hebei Steel buys 100t of ferro-molybdenum
Fri 13:22 India businessman launches legal action over silico-manganese deal
Fri 13:10 Antofagasta molybdenum output sees double-digit increase in 2012
Fri 06:04 TISCO issues silico-manganese tender price for February production
Fri 05:54 Hebei Iron and Steel surprise with low ferro-alloys tender prices
Thu 20:01 Vanadium, the only climber on European noble alloys markets
Rare Earths
Fri 17:46 Junior rare earth miners struggle to survive in current climate - TMR's Lifton
Fri 17:16 China heavy rare earth reserves finite, may last between eight to 12 years - Kingsnorth
Fri 16:51 Chinese rare earth exports still thin despite some enquiries
Fri 16:40 Non-China rare earth production likely to jump by 2016 - Kingsnorth
Fri 15:49 China rare earths weekly roundup – Trade thin amid cautious sentiment
Fri 15:48 Malaysia protestors will seek to make Lynas rare earth plant an election issue
Fri 11:25 Chinese cerium carbonate prices expected to head lower
Fri 11:16 Chinese Pr/Nd market still weak, prices ease
Fri 10:56 China preparing to deal with rare earth export dispute at any time
Fri 10:05 European rare earth weekly roundup - activity seen picking up after China holidays
Fri 10:03 Dacha Strategic Metals inventory falls 6.6% in value to $100.3 million
Thu 22:46 Canadian niobium producer seeks partners for rare earth venture
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14:41 : ENRC Chairman and Non-executive Director Johannes Sittard has stepped down with immediate effect, a company statement said.
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China heavy rare earth reserves finite, may last between eight to 12 years - Kingsnorth
WEEKLY ROUND UP: Market picture mixed amid slightly better economic signs
Non-China rare earth production likely to jump by 2016 - Kingsnorth

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