1 Oct 2023
Processing Startup for Chromium in Zimbabwe
Tsingshan Holding Group began construction of a fully integrated steel mill in Manhize, Zimbabwe, with ferrochromium production expected to start in October 2023.
Commodity
Chromium
Chromite is a valuable mineral found primarily in deep-seated, layered mafic and ultramafic rocks in the Earth's crust. It's known for its chemical composition, consisting mainly of iron(II) oxide and chromium(III) oxide (FeCr2O4). The largest deposits are located in countries like South Africa, Kazakhstan, India, and Turkey. The primary use of chromite is in the production of ferrochrome, an alloy of iron and chromi...
Chromite is a valuable mineral found primarily in deep-seated, layered mafic and ultramafic rocks in the Earth's crust. It's known for its chemical composition, consisting mainly of iron(II) oxide and chromium(III) oxide (FeCr2O4). The largest deposits are located in countries like South Africa, Kazakhstan, India, and Turkey.
The primary use of chromite is in the production of ferrochrome, an alloy of iron and chromium that is essential to the steel industry. Ferrochrome is used to increase the hardness, resistance to corrosion, and temperature tolerance of steel. Chromite is also used in the manufacture of refractory materials, chemicals, and high-temperature equipment due to its high heat stability and resistance to oxidation.
Chromite is mined through open-pit or underground mining methods, depending on the depth and size of the deposit. After mining, the ore undergoes various processes to remove impurities and produce chromite concentrate. This involves crushing, grinding, and separating the chromite from the host rock and other minerals, typically using gravity or magnetic separation methods. The resulting concentrate is then processed to create various chromite-based products, such as ferrochrome, for different industries.
Production
Chromite
Chromite is a mineral primarily found in serpentine and ultramafic rocks that serves as the main source of chromium metal used in producing stainless steel and various other products.
Chromite is a mineral primarily found in serpentine and ultramafic rocks that serves as the main source of chromium metal used in producing stainless steel and various other products.
Production
Ferrochromium
Ferrochromium is a crucial alloy used to produce stainless steel due to its high chromium content that provides corrosion-resistance and tensile strength.
Ferrochromium is a crucial alloy used to produce stainless steel due to its high chromium content that provides corrosion-resistance and tensile strength.
Trade
Chromium Ore
Chromium is a mineral commodity extracted from raw ore or refined through processing into concentrates that are then further processed to produce metals and chemicals for use in industries such as steel manufacturing, ae...
Chromium is a mineral commodity extracted from raw ore or refined through processing into concentrates that are then further processed to produce metals and chemicals for use in industries such as steel manufacturing, aerospace, and leather production.
Trade
Chromium Oxides
Chromium is a versatile mineral commodity used to create pigments, catalysts, and other products through its compounds with oxygen or hydrogen and oxygen.
Chromium is a versatile mineral commodity used to create pigments, catalysts, and other products through its compounds with oxygen or hydrogen and oxygen.
Trade
Chromium Trioxide
Hexavalent chromium is a highly corrosive, toxic compound used primarily in industrial applications including metal plating, chemical production, and catalysis.
Hexavalent chromium is a highly corrosive, toxic compound used primarily in industrial applications including metal plating, chemical production, and catalysis.
Trade
Ferro-Chromium
High-carbon ferro-chromium is a specialized alloy containing iron, chromium, and high carbon content.
High-carbon ferro-chromium is a specialized alloy containing iron, chromium, and high carbon content.
Trade
Ferro-Alloys
High-strength stainless steel alloy made from iron, silicon, and chromium used to enhance steel's properties like durability and resistance to corrosion.
High-strength stainless steel alloy made from iron, silicon, and chromium used to enhance steel's properties like durability and resistance to corrosion.
Trade
Sodium Chromate
Sodium chromate is a chemical compound consisting of sodium, chromium, and oxygen used as an oxidizing agent in various industrial applications.
Sodium chromate is a chemical compound consisting of sodium, chromium, and oxygen used as an oxidizing agent in various industrial applications.
Market intelligence
Relevant Events
6 Dec 2022
Ownership Change for Chromium in United States
Yildirim Group of Companies signed an acquisition agreement for Elementis Chromium, acquiring Elementis’ U.S. chromite processing operations.
30 Oct 2022
Ownership Change for Chromium in Oman
Oman Chromite signed a purchase agreement for a 20 % stake in a low‑carbon ferrochromium plant under construction in Sohar.
1 Oct 2022
Other for Chromium in United States
USGS announced a $3.2 million project to collect geophysical data to improve mapping of chromite and other critical mineral resources in Iowa, Minnesota, Nebraska and South Dakota.
6 Sep 2022
Processing Shutdown for Chromium in Finland
Outokumpu delayed the restart of a ferrochromium furnace due to maintenance, reducing production to 70 % capacity for the rest of the year.
Aug 2022
Mine Expansion for Chromium in South Africa
Afarak shifted its stainless‑steel production from specialty to standard grades in the second half of 2022 due to economic conditions.
Jul 2022
Ownership Change for Chromium in South Africa
Bauba Resources acquired an additional 52 % stake in Nuco Chrome, raising its interest to 74 %.
21 Jun 2022
Processing Restart for Chromium in United States
Universal Stainless resumed operations at its Bridgeville mill after the spill, with no injuries or environmental impacts.
9 Jun 2022
Other for Chromium in Oman
Oman Chromite Co. signed a joint exploration agreement with Minerals Development Oman to assess chromite feasibility at two sites.
11 May 2022
Other for Chromium in United Kingdom
AMG Superalloys UK Ltd. renamed itself AMG Chrome Ltd.; the change did not affect existing contracts.
11 Apr 2022
Accident for Chromium in United States
Universal Stainless & Alloy Products reported a liquid‑metal spill caused by a furnace shell breach in Bridgeville, PA, suspending operations for a week.
16 Mar 2022
Tariff Change for Chromium in European Union
The EU imposed import duties on stainless‑steel cold‑rolled flat products from India, setting an anti‑subsidy duty of 7.5 %.
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