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0.00% 0.6¢ gulf manganese corporation limited

" The price of FeSi is also being pushed up by electricity...

  1. rocket973
    4,695 Posts.
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    18/08/18
    08:28
    Post #: 35009321
    " The price of FeSi is also being pushed up by electricity prices in China as it takes 700"
    It takes 7000 to 8500KWh to produce 1tonne of FeSi. As you'll note 50% of the FeSi production cost is electricity.
    That is where cheap power costs come to show its importance in the smelting business, it would cost US$765/tonne of power in Indonesia and it would cost US$255 in power costs in Sarawak Malaysia.
    GMC Price at posting: 1.9¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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