25
Apr
10:34
Oman Chromite sees stable prices after turning profitable
Oman Chromite (OC) expects chrome ore prices in global markets to remain stable in the second quarter. This comes after improved prices saw the firm turn to a net profit of OMR 102,242 ($265,529) in Q1 versus a OMR 26,671 loss in the year-earlier quarter.
The miner saw revenue surge 219% on-year in Q1 to OMR 534,631, of which 63% was generated by metal lump sales and the balance by sales of refractory materials (chips and fines).
OC continues to explore ways …
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Anonymous
Very good overview of the weekly steel market.
Anonymous