Ferrochrome smelting and smelting capacity investment in Zimbabwe



Similar documents
Abstract. 1. Introduction

Small-scale ferrochrome smelters on the central Great Dyke; MonaChrome in Chegutu, CINA in Gweru, Jin An Corp & Xinyu in Gweru, Well Mining in Gweru,

Xstrata Alloys in Profile

ZIMBABWE ALLOYS FERRO CHROMIUM PRODUCTION: FROM CRADLE TO GRAVE SUSTAINABLY

Mineral MINERAL RESOURCES. Resources

Opportunity for Investment.

THE ROLE OF METALLURGY IN ENHANCING BENEFICIATION IN THE SOUTH AFRICAN MINING INDUSTRY

This is Outokumpu Tornio Site

PRELIMINARY CHARACTERIZATION OF THE SAMPLES TAKEN FROM A SUBMERGED ARC FERROCHROME FURNACE DURING OPERATION

Ferrochrome Market Overview

DEVELOPMENTS IN THE DESIGN AND CONSTRUCTION OF DC ARC SMELTING FURNACES

Overview REGULATORY RELEASE. 28 January First Quarter 2016 Production Report and Update

Interim results for the six months ended 31 December 2009

FACTORS AFFECTING THE REDUCIBILITY OF SINTERED CHROMITE PELLETS AND CHROMITE LUMPY ORE

Improving Energy Efficiency Across Mineral Processing and Smelting Operations A New Approach

Technical considerations and viability of higher titania slag feedstock for the chloride process

World Phosphate Rock Reserves and Resources

The transformation of ferrochromium smelting technologies during the last decades

Stainless Steel in Figures

Mineral Deposits and their Global Strategic Supply. Group Executive and Chief Executive Non-Ferrous 14 December 2011

THE VALUATION OF ADVANCED MINING PROJECTS & OPERATING MINES: MARKET COMPARABLE APPROACHES. Craig Roberts National Bank Financial

THE PRODUCTION OF REFINED FERROMANGANESE AT CATO RIDGE ALLOYS

ABOUT ARM FERROUS. Assmang s operating divisions are based on its three principal commodities:

ANNUAL GENERAL MEETING November 2015

PRODUCTION, CHARACTERISTICS AND USE OF FERROCHROMIUM SLAGS

ADVISORY CAPABILITY STATEMENT

Table 1: Resource Exports Per cent of total nominal exports; selected years

MINERAL RESOURCES 131

Foundry machines: high-tech solutions from a traditional industry

2011 Minerals Yearbook

Pathways for reducing CO 2 emissions from Raahe steel plant

TURKEY CREEK PIT OPTIMISATION STUDY ADDS 2 YEARS MINE LIFE TO THE LITTLE EVA PROJECT AT CLONCURRY

Teollisen ekologian soveltaminen Perämerenkaaren metallurgiseen teollisuuteen - Kommenttipuheenvuoro

Mineral Accounts for South Africa: Discussion document: D February 2012

TORONTO STOCK EXCHANGE COMPANY MANUAL APPENDIX B DISCLOSURE STANDARDS FOR COMPANIES ENGAGED IN MINERAL EXPLORATION, DEVELOPMENT & PRODUCTION

INNOVATIONS IN METALLURGY

LATEST ELECTRODE TECHNOLOGY DELIVERING IMPROVED ELECTRODE PERFORMANCE IN SUBMERGED ARC FURNACES

Paladin Energy. Development & Expansion of the Langer Heinrich Operation in Namibia. June 2009

Establishing the feasibility of your proposed mining venture

AN INTRODUCTION TO THE RADOS XRF ORE SORTER. RS Fickling Metanza Mineral Processors (Pty) Ltd

ANGLO PLATINUM LIMITED CONCENTRATORS. ANALYST AND FUND MANAGER VISIT 27 May 2005

Development of Web GIS Framework for Natural Resource Management Using ERDAS Apollo 2010 Sakhare, N. Pratap 1 and Gupta, R. D. 2

ACTIVITIES REPORT FOR THE QUARTER ENDED 31 DECEMBER 2014

SEPCO III Completes Successful Site and Country Visit to Tanzania

IRP 2010 Energy Forecast Revision 2 Report

Advanced Metallurgical Modelling of Ni-Cu Smelting at Xstrata Nickel Sudbury Smelter

SINTERING AND PELLETISATION OF INDIAN IRON ORES

Article no. 2: METEC 2015 (business) Promising outlook for metals: More than 3,500 different types of steel around the world

CHROMIUM. By John F. Papp

For personal use only

CHROMIUM STEEL POWDERS FOR COMPONENTS. JEANETTE LEWENHAGEN Höganäs AB, Sweden

Secondary Lead Smelting

Investment Brief for the Electricity Sector in Ghana

8 Metallurgical and Mining Industry, 2014/2

2015 FOURTH QUARTER REPORT BUILDING VALUE

Sorby Hills Silver Lead Project

How To Manage Power Usage In South Africa

Forward-Looking Statements

Candelaria and Ojos del Salado Chile

SOUTH AFRICA'S FERRO ALLOYS INDUSTRY - PRESENT STATUS AND FUTURE OUTLOOK

Economic and trade policy overview by Taku Fundira, tralac Researcher

MATERIAL SPECIFICATIONS CATALOGUE

MOGALAKWENA INFORMATION CARD PLATINUM

HAZARDOUS WASTE MANAGEMENT Case Study 2: The Management of Hazardous Waste in South Africa - G.E. Blight

Ivanhoe Mines announces an accelerated infill drilling program at the Kamoa copper project s Kakula Discovery in the D.R. Congo

Sustainable energy products Simulation based design for recycling

THE CATALYTIC CONVERTER INDUSTRY IN SOUTH AFRICA

Queensland Mining Corporation L I M I T E D. Maiden JORC Resources Estimate for Horseshoe Copper Deposit, Duck Creek, South Cloncurry District

Iron and Steel Manufacturing

THE PLATINUM INDUSTRY: THE ENHANCED PLATINUM SECTOR REGIME (EPSR) 27 JANUARY

For personal use only

Update on Heap Leach potential of the Murchison gold project

UNAUDITED CONDENSED CONSOLIDATED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2015

About Sintered Products. Products for: - Resistance Welding Electrodes - Electrical Contact Materials. Product Definition & Uses.

MMG LIMITED 五 礦 資 源 有 限 公 司

Understanding the Mining Business Model

FINANCIAL RESULTS FOR THE THREE MONTH ENDED JUNE 2013

Can Chilean Copper Maintain Its World Market Share?

ANNUAL GENERAL MEETING. Investor Presentation 24 November 2015

FEATURES AND BENEFITS OF DIFFERENT PLATINUM ALLOYS. Kris Vaithinathan and Richard Lanam Engelhard Corporation

Savannah North Scoping Study Looking into the future 3 February 2016

Chromite A cost-effective refractory raw material for refractories in various metallurgical applications

3Q 2015 OPERATIONS REVIEW

Mako Project, Eastern Senegal Completion of Scoping Study

THE ELEMENT C. Introduction graphite and carbon Lattice Classification of grain size. Properties of graphite and carbon

JINCHUAN GROUP INTERNATIONAL RESOURCES CO. LTD 金 川 集 團 國 際 資 源 有 限 公 司

2015/01/04. New SAMREC Representative. Ken Lomberg. Group. Pr.Sci.Nat. Senior Principal Consultant. with Coffey. 30 years experience in South Africa

QUARTERLY REPORT FOR THE PERIOD TO 31 MAY 2012

Chem Highlights of last lecture. This lecture. Australian Mining Sites. A/Prof Sébastien Perrier. Metallurgy: (Extracting metal from ore)

Statistical release P2041

EnMS under China s Top- 10,000 Program

The leading provider of mines and metals data

Outlook of South Africa s Manganese Sector. 29 th May 2014 Hannah Edinger, Director, Frontier Advisory

IRAN MINING INDUSTRY. Iran Mine and Mining Industrial Development organization (IMIDRO) April 2014, Germany

Lalor Project Base Metal Zones and Gold Mineralization January 2009

TIGER RESOURCES LTD ACN

Transcription:

Southern African Pyrometallurgy 2011, Edited by R.T. Jones & P. den Hoed, Southern African Institute of Mining and Metallurgy, Johannesburg, 6 9 March 2011 Ferrochrome smelting and smelting capacity investment in Zimbabwe J. Chirasha Zimbabwe Alloys Chrome, Gweru, Zimbabwe Keywords: Pyrometallurgy, ferrochrome, smelting, investment, Zimbabwe Abstract Four smelting plants currently make up the ferrochrome smelting capacity in Zimbabwe. Zimbabwe Alloys and Zimasco represent more then ninety per cent of Zimbabwe s ferrochrome smelting capacity, while Maranatha and Oliken contribute the difference. Very limited investment in the sector (even for the expansion of existing smelters) has been experienced over many years, despite the fact that about 95% of the world s chrome ore resources are in the Bushveld Igneous Complex of South Africa and the Great Dyke of Zimbabwe. The Bushveld has a greater quantity but a lower grade than the Great Dyke. A ten per cent increase in Zimbabwean ferrochromium production has been recorded in the past ten years, showing an almost stagnant capacity investment. INTRODUCTION Four smelting plants currently make up the ferrochrome smelting capacity in Zimbabwe. Zimbabwe Alloys and Zimasco represent more then ninety per cent of Zimbabwe s ferrochrome smelting capacity, while Maranatha and Oliken contribute the difference. Zimbabwe Alloys, one of the oldest ferrochrome plants in Africa, was established in 1949. Zimasco was the second to be built in the country. By contrast, South Africa, even though it has lower-grade chromite, established bigger capacity smelter units, with better technology compared to the early plants. South Africa currently accounts for about three quarters of the ferrochromium production in the world, with Samancor Chrome and Xstrata Alloys being the biggest producers. In Zimbabwe, the availability of chrome ore reserves, most of which would be produced by open-cast mining, with a high Cr/Fe ratio, should have attracted a smelting capacity increase. Despite the better quality and high quantity of chrome ores/reserves, Zimbabwe does not have the corresponding smelting capacity. ORE CLASSIFICATION AND RESERVES IN ZIMBABWE The classification of the chrome ores according to a Russian geologist are shown in the table below. 77

Table I: Old and new classification of chromium ores OLD CLASSIFICATION COMPOSITION OF ORE NEW CLASSIFICATION Metallurgical Grade > 46% Cr 2O 3 High chrome content > 2.1 Cr/Fe ratio Chemical Grade 40-46% Cr 2O 3 High iron content < 2.1 Cr/Fe ratio Refractory Grade > 20% Al 2O 3 > 60% (Al 2O 3 + Cr 2O 3) High aluminium content A schedule of chrome ore reserves was published in the early 1980s to show the distribution by quality and quantity. Table II shows the world reserves of chrome ore that would not have changed so much to date. Table II: Official world reserves of chromium ores ORE RESERVES ( MIILION TONNES ) TYPE Zimbabwe South Africa Rest of the World High Chrome and 560 90 High Cr/Fe ratio High Iron and Low Cr/Fe ratio 56 1100 44 The Great Dyke in Zimbabwe holds most of the world s high-grade chrome ore and high Cr/Fe ratio reserves. Figure 1 shows the distribution of the chrome ore reserves in the Great Dyke. Figure 1: Distribution of chromium ores in the Zimbabwean Great Dyke SUTTON MINE SUTTON HMS PLANT LALAPANZI VANAD MINE Co-operatives CAESAR MINES Harare DARWENDALE INYALA MINE INYALA HMS PLANT Gweru Bulawayo NGEZI Private Miners MAPANZURE Private Miners SOUTHRIDGE UNITED Private Miners RHONDA-MLIMO MINES 78

The Great Dyke is where most of the Zimbabwean chrome ores are found, and, therefore, has the highest concentration of mining activities, as shown on the map (Figure 1). In the North Dyke, chrome ore grades are very high, up to 55% Cr2O3, with a Cr/Fe ratio greater than 3.3. Middle Dyke grades are on the lower side compared to the North, but are still substantially better quality than some of the world reserves, with 40% Cr2O3 and a Cr/Fe of 2.0 minimum. Chrome ores are also found off the Dyke in the southern part of the country, and these deposits are refractory and podiform in nature, but have high grades. The Republic of South Africa has the largest low Cr/Fe ratio chrome ore reserves, which gives rise to the production of charge chrome as the main product. The importance of chromium to iron ratio to the quality of alloy is demonstrated in the relationship below. It is a useful factor in the assessment of the reserves that will impact on ferrochromium alloy quality. Figure 2: Relationship of Cr/Fe ratio to the grade of alloy RELATIONSHIP BETWEEN CHROMIUM IN ALLOY AND CHROME TO IRON RATIO 66 64 62 Cr Analysis % 60 58 56 54 52 50 1.5 1.6 1.7 1.8 1.9 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 Cr/Fe Ownership of Reserves Zimbabwe Alloys and Zimasco own most of the chrome ore reserves, and have the biggest capacity to produce about 450 000 metric tons of product of the almost 500 000 tons built capacity. Removal of the restrictions to export ores has put a lot of pressure to shed off reserves to other small mining ventures who need to earn a living exporting ores and fines. This has encouraged illegal 79

mining activities that will result in the sterilization of the resource due to improper and uncontrolled mining methods. CURRENT AND FUTURE SMELTING CAPACITIES Overview of smelting capacity in Zimbabwe Zimbabwe produces three different ferrochrome products from its smelters around the country. Table III summarises Zimbabwe s smelting capacity by product. Table III: Production by product Zimasco Zim Alloys Others Total HCFeCr (High Carbon Ferrochrome) 220 000 146 000 55 000 421 000 FeSiCr (Ferrosilicon Chrome) 29 200 29 200 LCFeCr (Low Carbon Ferrochrome) 40 150 40 150 Total 220 000 215 350 55 000 490 350 Zimbabwe has the capacity to produce 490 350 tons of ferrochromium product, which is only about 6.3% of the world production, and 15.8% of South Africa s production in 2008, according to the United States Geological Survey Mineral Resources. In addition to producing High Carbon Ferrochrome, Zimbabwe Alloys is also the only producer of Low Carbon Ferrochrome (with the best technology in the world) and ferrosilicon chrome in the country. Of the four plants that are currently operating, the biggest were established over 40 years ago, and the other two have been operational only during the past eight years. There has been no expansion by the two biggest smelters in the past 25 years of operation. Recently, small (1.1 MVA) Chinese furnaces have been installed all over the central part of the Great Dyke. However, their contribution to the overall capacity is relatively insignificant. One could expect ferrochrome smelting investment to increase, as has been the case for platinum and diamonds, because the investment climate is the same if proper consultation with the government is done. Oliken is building a second 2 MVA furnace. Zimbabwe Alloys, which has sold a forty per cent stake to Metmar, announced the upgrading of the 31 MVA and the 2 x 24 MVA furnaces, and the construction of a DC arc furnace in 24 months. 80

Zimasco also announced the construction of a sinter plant and an additional furnace. Considering all these changes, an additional 20% of product is expected to come onto the market. This will bring the chrome ore consumption to 1.77 million tons per annum. At this rate of consumption, 300 years will be required to deplete the reserves, which are estimated at 560 million tons of high-grade ores only. Zimbabwe needs new smelting capacity in the country, as it has more than adequate reserves, and favourable investment conditions can be negotiated with the government (as has happened in the platinum industry). FACTORS AFFECTING SMELTING CAPACITY INVESTMENT Negative factors The non-availability of chrome ore reserves to other producers, as Zimbabwe Alloys and Zimasco own most of them Perceived political/economic instability in the country (although investment in platinum production continues to increase) The erratic power supply to most industries, and the requirement to upgrade the infrastructure Capital availability, as mining require a significant initial capital injection Transport, which is also a capital-related issue Positive Factors for investing in ferrochrome smelting Zimbabwe s abundant high-grade reserves are amenable to the production of high-quality ferrochrome products, due to a high Cr/Fe ratio. Table IV shows the properties required in chrome ores for the efficient production of high carbon ferrochrome. These properties are the characteristics of most of the Great Dyke chrome ores. Table IV: Properties of chrome ores deemed suitable for HCFeCr production CHEMICAL High Cr 2O 3 content High Cr/Fe ratio High refractory : non refractory ratio PHYSICAL Low friability Low decrepitation High bulk density High gangue softening or melting temperature Adequate reserves for the production of coke for chromium smelting (with low phosphorus), if there is investment in 2M mining at Hwange Railway infrastructure network can be reliable if re-capitalized Investment conditions can be negotiated to suit the investor, as is the case with platinum 81

10 000 tonnes of chrome ore (44% Cr2O3, 2.0 Cr/Fe minimum) could produce either 3 000 tons of HCFeCr, 6 000 tons of LCFeCr, or 6 000 tons of FeSiCr. At current prices, this represents a revenue stream, following a sequence of increasing value, from US $1.2 million for the sale of ore, to US $13 million for the sale of FeSiCr. (Current prices are assumed to be $120/t for the ore, $1.20/lb of Cr in HCFeCr, $1.80/lb of Cr in LCFeCr, and $2200/t for FeSiCr.) CONCLUSIONS The large reserves and high quality of ore are the major positive factors encouraging investment in ferrochrome smelting in Zimbabwe. The government is offering a number of flexible investment options and incentives in all mining or smelting operations that can match the current platinum conditions. Zisco Steel is a good example what new investors can expect in Zimbabwe. Zimbabwe has experienced political and economical stability for investment in the smelting of chromium, although this is not the international perception. It is believed to be more economically favourable to produce and sell beneficiated products than merely selling the chrome ores, but this obviously requires a proper economic analysis. REFERENCES 1. United States Geological Survey Mineral Resources program-ferrochromium world production by country. 2. Society for Mining,Metallurgy and Exploration (USA) 3. Japan Metal and Chemical cooperation Zimbabwe Alloys limited joint venture document by Mitsui, Tokairini 1996. 4. Ferrochrome smelting in Zimbabwe by Dr N Madi University of Zimbabwe - Lecture in non-ferrous Metallurgy 1989. 5. Overview of the ferrochrome industry in the world by Professor Verbernov. Jabulani Chirasha Production Manager, Zimbabwe Alloys Jabulani obtained a BSc Honours Engineering (Metallurgical) degree from the University of Zimbabwe in 1992, and an MBA degree. He previously worked for Mhangura Copper Mines, the Department of Metallurgy-Ministry of Mines in Zimbabwe, and African Chemicals. Jabulani has worked for Zimbabwe Alloys for the past 15 years in the following positions: Plant Metallurgist, Technical Assistant, Technical Manager, Furnaces Manager (6 years), and Production Manager (5 years). He was seconded for a Zimbabwe Alloys Japanese (JMC)/Mitsui joint venture in Japan for one year. Jabulani has authored papers for the past three Infacon conferences, the most recent being the one in Finland in 2010. 82