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Hudbay Minerals Inc. has made strides in attaining funds for its Lalor, Reed and Constancia copper projects by offering $150 million in senior unsecured notes.
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PolyMet Mining Corp. fell deeper into the red in its fiscal first quarter, when it increased spending on its copper-nickel-platinum group metals NorthMet project.
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Brazil’s Votorantim Metais Ltda. logged a 3-percent year-on-year drop in first-quarter revenue amid lower sales volumes—particularly for aluminum—and LME prices, the company said.
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Daniel Bealko, a former General Motors Corp. aluminum trader who was imprisoned after admitting taking part in a multimillion-dollar kickback scheme, is scheduled to be released from federal custody July 14.
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Nickel has dropped to its lowest close on the London Metal Exchange since July 2009, although the trend is unlikely to stimulate more buying in the U.S. market, traders said.
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DLA Strategic Materials is again offering more than 3,100 short tons of high-carbon ferromanganese.
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Tax authorities are reviewing raw material transactions between Glencore Xstrata Plc and its wholly owned Portovesme smelter on the Italian island of Sardinia, the Baar, Switzerland-based company said.
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Brazilian aluminum consumption is expected to grow at a slower rate of 3.7 percent in 2013 vs. an earlier estimate of 5 percent due to slower-than-expected economic growth, Brazilian aluminum association Abal said.
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Rio Tinto Plc may start exporting from the $6.6-billion Oyu Tolgoi copper mine in Mongolia as soon as June 14.
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Rising production of nickel pig iron (NPI) in China last year has created competition for Brazilian nickel producers, market sources told AMM sister publication Metal Bulletin.
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Hong Kong Exchanges & Clearing Ltd. (HKEx) has hired Bonnie Liu as vice president for Asia commodities to grow its business in mainland China, a source familiar with the situation said.
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Norsk Hydro ASA has signed a cooperation agreement with Kobe Steel Ltd.’s aluminum arm on aluminum sheet technology for vehicle closure panels and structures in an effort to provide consistent-quality aluminum sheet or coil to automakers in Asia and Europe.
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Magnesium prices have inched up slightly in a thinly traded U.S. spot market, but sources disagree about whether the market, traditionally largely under contract, is healthy or whether a lack of spot activity might be a worrisome signal.
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Traders have expressed surprise at copper’s price decline over the past week as Comex values fell again June 10.
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After a ruling from the U.S. Court of International Trade, the Commerce Department’s International Trade Administration (ITA) has issued a final scope ruling that imports of certain drapery rail kits from China are not subject to anti-dumping and countervailing duty orders on aluminum extrusions.
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In an anti-dumping duty administrative review of aluminum extrusion imports from China from Nov. 12, 2010, to April 30, 2012, the Commerce Department’s International Trade Administration (ITA) has issued a preliminary determination that Kromet International Inc. did not make sales at less than normal value and issued a weighted-average dumping margin of zero.
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Nevada Copper Corp. said it has received a key permit for its proposed Pumpkin Hollow copper project near Yerington, Nev.
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Exide Technologies Inc., a leading producer and recycler of lead-acid batteries, has filed for Chapter 11 bankruptcy protection, listing assets of about $1.89 billion and liabilities of about $1.14 billion.
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Aluminum Bahrain BSC (Alba) has increased aluminum production at its fifth potline by 1,000 tonnes per year via an upgrading to AP 37 technology, the company said June 9.
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Copper Mountain Mining Corp.’s semi-autogenous grinding mill (SAG) is back in full production after a transformer failure stopped output in mid-May.
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Quanex Building Products Corp. remains "very bullish" about its long-term prospects, but it expects no near-term relief from low aluminum prices and believes forecasts of a recovery in the repair and remodeling (R&R) market are overly optimistic, company executives said.
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US Magnesium LLC is “alarmed” by a federal investigation that found evidence of Chinese magnesium dumping, the company said.
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The cash price for copper looks poised to reach an average of $3.42 per pound over the next 10 years, according to a senior mining analyst for independent market researcher Salman Peters Inc.
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U.S. brass mill product imports slipped 1 percent year over year in April, while total exports climbed 4.2 percent, according to data released by the Copper and Brass Fabricators Council June 7.