PR & press

PR & press

RUUKKI Group is completing a study into growing ferrochrome smelting capacity in South Africa to around 400,000 tonnes annually over the next four years, growing a division that is now headed by Danko Konchar.

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Kermas has reached an agreement with Mogale Alloys to acquire 56.2% of the shares of Mogale and will actually control this South African producer of ferro-chrome.

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Finland's Ruukki Group Plc to acquire Kermas Limited's chrome ore operations in Turkey.

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JSE- and Aim-listed Petmin said on Tuesday that it had struck a deal with LSE-listed Kermas, under which the two would jointly buy Veremo Holdings, which owned an iron ore and pig iron deposit in Mpumalanga. Petmin said that it would pay, for a 25% stake in Veremo, some R50-million ...

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Kermas owns world number-two ferrochrome producer Samancor Chrome, which has operations in South Africa.

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