Nonferrous RSS

  • HudBay sees uncertainty in Augusta’s project Feb 27, 2014

    HudBay Minerals Inc. has hit back at claims from takeover target Augusta Resource Corp. that its unsolicited bid is "grossly inadequate."

  • Iluka looking to boost rutile market Feb 27, 2014

    Titanium feedstock producer Iluka Resources Ltd. is looking for a relatively small investment in a British venture to eventually help boost a currently slumping global market for rutile.

  • Midwest aluminum premiums drop Feb 26, 2014

    Midwest aluminum premiums have fallen again as market sources disagree on whether warmer temperatures might bring improved demand.

  • Former investors sue Thompson Creek Feb 26, 2014

    Two former Thompson Creek Metals Co. Inc. investors are suing the company and certain executives for allegedly knowingly distributing "false and misleading" information that distorted the company’s financial position, resulting in the investors suffering significant losses.

  • LME vows to fix problems with Nasaac Feb 26, 2014

    The LME is committed to analyzing and addressing the drivers behind "queue-related" premiums, which are affecting the supply of Nasaac material, an LME representative said at the Nadca's Executive Conference.

  • General Moly issues alternate mine plan Feb 26, 2014

    General Moly Inc. has presented an alternate mine plan for its Mount Hope project in Nevada that accounts for sustained lows in molybdenum pricing.

  • Integrated producer model may see shift: Alumina exec Feb 26, 2014

    The integrated aluminum producer model will be challenged over the next couple of years, leading to a shake-up in corporate structures, an executive at Alumina Ltd. said.

  • Indonesia bauxite tough for China to replace: Reed Feb 26, 2014

    China has a few short-term alternatives to meet its bauxite needs if Indonesia’s ban on raw mineral exports persists, but the supply gap will be hard to fill, according to a senior executive at Rio Tinto Alcan Inc.

  • US may import aluminum: Alcoa exec Feb 26, 2014

    North America might start to import aluminum to satisfy current demand, but that will leave deficits elsewhere, a senior Alcoa Inc. executive said.

  • White House launches light metal initiatives Feb 25, 2014

    The U.S. government plans to spend $140 million on two public-private advanced manufacturing partnerships, including one devoted to light metals.

  • Auto demand should warm up Bonnell results: Tredegar Feb 25, 2014

    Bonnell Aluminum Inc.’s first-quarter results might be chilled by an unusually cold winter, but the aluminum extruder expects to see better times later in 2014.

  • Alexin invests in new billet casting system Feb 25, 2014

    Alexin LLC has purchased a 9-inch-diameter billet casting system as it looks to supply a broader range of aluminum billet to extruders.

  • Alcoa inks power deal for Quebec smelters Feb 25, 2014

    Alcoa Inc. has reached a new power agreement for its smelters in Quebec and scrapped a plan to modernize its Baie-Comeau, Quebec, smelter.

  • Die casters see strong start continuing Feb 25, 2014

    The aluminum die casting industry expects the second quarter of 2014 to build on gains established in the first two months of the year.

  • Weather delays Horsehead zinc smelter Feb 25, 2014

    Horsehead Holding Corp. has experienced delays in commissioning its new zinc smelter in Mooresboro, N.C., due to "severe and prolonged cold weather conditions," it said.

  • Evraz unit names sales manager Feb 25, 2014

    Evraz Stratcor Inc. has named David V. Miltenberger sales manager for master alloys and specialty vanadium chemicals.

  • Tredegar net slips despite sales, Bonnell rises Feb 24, 2014

    Tredegar Corp.’s net income dipped in 2013 despite a strong year for subsidiary Bonnell Aluminum Inc. as higher sales volumes were offset by lower aluminum prices

  • New York banker accused of insider trading Feb 24, 2014

    A New York investment banker has been accused of insider trading ahead of Precision Castparts Corp.’s (PCC’s) $2.9-billion acquisition of Titanium Metals Corp. (Timet) in November 2012.

  • U.S. Magnesium agrees to cleanup plan after acid spill Feb 24, 2014

    U.S. Magnesium LLC spilled hydrochloric acid on public land permitted for cattle grazing, according to the U.S. Environmental Protection Agency.

  • Vale’s Totten Mine opens in Ontario’s Sudbury Basin Feb 24, 2014

    Vale SA held an opening ceremony Feb. 21 for its Totten nickel-copper mine in Worthington, Ontario, the "first new mine in the Sudbury Basin in more than 40 years," it said in a statement.

  • Augusta rejects HudBay’s ‘lowball’ bid Feb 24, 2014

    Augusta Resource Corp.’s board of directors has slammed an unsolicited takeover bid from HudBay Minerals Inc. as "grossly inadequate," and urged shareholders to reject the offer.

  • U.S. Magnesium explosion critically injures two Feb 24, 2014

    Two workers were severely burned in a blast at U.S. Magnesium LLC’s Rowley plant in Utah.

  • Chamber presses gov’t to act on Ring of Fire Feb 22, 2014

    Mining development in northern Ontario’s Ring of Fire region would generate Canadian $9.4 billion ($8.5 billion) in new economic activity over the first 10 years of operation, according to a new study.

  • Ormet posts $5.6M loss, asset sales continue Feb 21, 2014

    Ormet Corp. started off the new year in the red as asset sales continued to comprise the bulk of its income.

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