Forget rare earths, forget cobalt, it’s ferrosilicon sweetie

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2 years ago

I wonder when OM Sarawak will announce their decision NOT to convert 2 x Ferro-silicon furnaces to manganese alloys? It was announced in the recent June Quarterly Report their intention to convert two FeSi furnaces in 2018. Frankly,I’d be waiting to see how long the boom times last for ferro-silicon and take advantage of the upswing in prices. This could be the turning moment for OMH, now approaching full production of Ferro-silicon with 10 x furnaces pumping out 60 tonnes/day. The huge increase in FeSi prices is a bonus plus demand about to resume after the summer holidays in the… Read more »