Toho Zinc increases investment ratio of CBH Resources, which is Australia based its equity method affiliate, through 10 million Australian dollars allocation of new shares, announced on Thursday. The rate increases from 23% to around 30%. Toho zinc take 50% interests of Rasp mine in Australia by paying A$ 57.5 million.
Rasp mine started the operation in 2010 and the mine plan to start commercial production in 2013. The averaged output is estimated at 750,000 tonnes of ore, 90,000 tonnes of zinc concentrate and 60,000 tonnes of lead concentrate per year. Toho Zinc expects the operation continues for 15 years. The firm purchases the all of zinc and lead and provides the developing fund. Nyrstar, which is major nonferrous metal smelter in Belgium, offered buyout for CBH Resources informally. Toho zinc increases its investment ratio as counterplan.| M | T | W | T | F | S | S |
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Japan Steel Scrap Composite Prices (Sangyo Press)
2024/11/21| H2 | NewCutting (PRESS) |
| 41300YEN (-) | 43200YEN (-) |
| 264.52US$ (-0.38) | 276.69US$ (-0.39) |
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)
- JMB Tieup company
- The Korea Metal Journal
- ferro-alloys.com
- Steel on the net
- AMM
- MEPS
