Nonferrous

  • General Moly focusing on Asian market: Hansen Aug 12, 2014

    General Moly Inc. expects to have some molybdenum supply contracts with U.S. steelmakers once it starts production, but believes the Asian steel market will drive demand.

  • International Wire earnings jump in 2d qtr. Aug 12, 2014

    Copper wire products maker International Wire Group Holdings Inc. posted a 9.6-percent increase in net income to nearly $5 million in the second quarter, driven by higher plant utilization and lower medical costs, as well as lower depreciation and amortization.

  • Sudbury Platinum buys Aer-Kidd project Aug 12, 2014

    Sudbury Platinum Corp. (SPC) has exercised a right of first refusal to purchase CaNickel Mining Ltd.’s 100-percent interest in the Aer-Kidd nickel-copper-platinum group metals project in Ontario’s Sudbury Basin for Canadian $1.25 million ($1.14 million).

  • Copper Mountain logs profit, finishes crusher Aug 12, 2014

    Copper Mountain Mining Corp. swung to a profit in the second quarter as it completed its secondary crusher at its Copper Mountain Mine in British Columbia.

  • RNC sees progress despite 2d-qtr. loss Aug 11, 2014

    Royal Nickel Corp. (RNC) said it made "solid progress" in the second quarter, including the acquisition of interests in two separate exploration opportunities, despite falling deeper into the red.

  • Nanko suit alleges shipping violations by Alcoa Aug 11, 2014

    Alcoa Inc. is being sued by a shipping company that claims the aluminum producer failed to properly recognize its right to handle certain bauxite exports from Guinea.

  • Tredegar earnings bolstered by Bonnell sales Aug 11, 2014

    Tredegar Corp.’s earnings nearly tripled in the second quarter, driven by a strong performance by subsidiary Bonnell Aluminum Inc., despite pricing pressures and production inefficiencies in the company’s film products segment.

  • Supply tightness lifts silicon prices further Aug 11, 2014

    Spot prices for silicon metal have risen again, with outages from Brazilian and Australian producers continuing to crimp domestic supply.

  • Asarco, USW labor contract talks on hold Aug 08, 2014

    Contract negotiations between Asarco LLC and the United Steelworkers union have been put on hold until after the USW’s annual convention in Las Vegas, the union said.

  • Evraz Stratcor assumes sales of vanadium for N. America Aug 08, 2014

    Evraz Stratcor Inc. has assumed responsibility for vanadium and ferrovanadium sales in North America from Evraz East Metals North America LLC.

  • Higher sales boost Capstone Mining profits Aug 08, 2014

    Capstone Mining Corp.’s earnings jumped in the second quarter thanks to higher sales from its Pinto Valley project in Arizona and consistent sales from its Cozamin Mine in Mexico’s Zacatecas state and the Minto Mine in Yukon.

  • Noranda power rate ruling delayed Aug 08, 2014

    The Missouri Public Service Commission has delayed its decision in Noranda Aluminum Holding Corp.’s request for a lower electric rate from power provider Ameren Missouri.

  • Mercator mulls options in wake of failed deal Aug 08, 2014

    Copper and molybdenum miner Mercator Minerals Ltd. is considering its strategic options after its deal to merge with Russia’s Intergeo MMC Ltd. fell through due to a delay in receiving approval from the Russian Federal Anti-Monopoly Services.

  • Silicomanganese tender offers emerge Aug 08, 2014

    Long-term contract tenders for bulk ferroalloys have begun to emerge, but domestic spot trading activity remains quiet.

  • WTO sides with US in export restriction dispute Aug 08, 2014

    The World Trade Organization (WTO) Appellate Body has sided with the United States against Chinese export restrictions on molybdenum, rare earths and tungsten.

  • Novelis’ earnings get boost in qtr. Aug 08, 2014

    Novelis Inc.’s earnings soared in its fiscal first quarter, driven by improved plant productivity, increased year-on-year demand trends and strong winter results in South America.

  • Comex drop drives copper scrap market pause Aug 08, 2014

    Spreads on some grades of copper scrap widened this week despite a nearly 8-cent-per-pound drop in terminal market prices, market sources told AMM.

  • Automotive ramp-up comes with risks: Novelis Aug 08, 2014

    As demand for automotive aluminum continues to climb, issues tied to supply chain management, capacity restrictions and preparation for future conversions to aluminum will continue to present major challenges, according to Novelis Inc.’s top executive.

  • Novelis raises auto, specialty sheet prices Aug 07, 2014

    Novelis Inc. has raised prices on its North American automotive and specialty aluminum sheet products for all new orders effective immediately.

  • Global Brass & Copper logs $9M profit Aug 07, 2014

    Global Brass & Copper Holdings Inc. posted net income of $9 million in the second quarter in contrast to a $17.1-million net loss in the same period last year despite a drop in sales volumes across all three of its segments.

  • RTI to ink new engine supply pact: Hickton Aug 06, 2014

    RTI International Metals Inc. is nearing a deal with another major aircraft engine customer as it continues to strengthen business in this market sector, its top executive said.

  • Thompson Creek swings to profit in qtr. Aug 06, 2014

    Copper and molybdenum miner Thompson Creek Metals Co. Inc. posted net income of $61.6 million in the second quarter in contrast to a $19.2-million loss in the same period last year on sales that more than doubled to $248.4 million as production ramped up at its Mount Milligan Mine in British Columbia.

  • Glencore seeks exclusion from lawsuit Aug 06, 2014

    Glencore Plc has asked a federal judge to dismiss antitrust litigation alleging that the company conspired with several major banks and the London Metal Exchange to artificially inflate aluminum prices.

  • Mooresboro startup drives Horsehead loss Aug 06, 2014

    Zinc producer Horsehead Holding Corp. posted a bigger loss in the second quarter due to one-time costs associated with the opening and ramp-up of its zinc facility in Mooresboro, N.C.

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