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Alcan Global Pharmaceutical Packaging, a unit of Montreal-based Alcan Inc., has sold its Millville, N.J.,-based Wheaton Science Products businesses to River Associates Investments LLC as the company switches gears from glass pharmaceutical packaging to plastics.
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Ferromanganese prices have declined on the back of an announced tender by the U.S. Defense Logistics Agency (DLA) and as demand weakens because of lower steel production at integrated mills, market sources said.
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Traders have raised concerns over potential trucking delays out of U.S. ports in the wake of a new law requiring all drivers and port workers to carry identification cards.
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Ferromanganese prices have declined on the back of an announced tender by the U.S. Defense Logistics Agency and as demand weakens because of lower steel production at integrated mills, market sources said.
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Alcan Inc.’s Alcan Global Pharmaceutical Packaging unit said it would spin off its New Jersey-based Wheaton Science Products businesses to River Associates Investments LLC as the company switches gears from glass pharmaceutical packaging to plastics.
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Ferrovanadium demand is expected to grow next year amid a surge in high-strength steel use and as buyers return to the alloy from columbium, market sources said.
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Lumina Resources Corp. said Friday that shareholders had given their approval to a merger with Western Copper Corp.
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U.S. copper scrap prices have rebounded as primary metal on the Comex division of the New York Mercantile Exchange raced back up.
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Operations are expected to resume at Breakwater Resources Ltd.’s Myra Falls zinc mine Saturday, about a week after production came to a halt when the road leading into the site was shut down on the back of a storm.
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Alcoa Inc. has made several new executive changes.
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The Chicago Board of Trade said that trading of its 5,000-ounce silver futures contract hit a daily open interest record Tuesday of 11,006 contracts.
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Alcoa Inc., Pittsburgh, will fold its soft alloys extrusion business into a joint venture with Sapa AB, Stockholm, Sweden, which will become the majority owner and operator of the unit.
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Ferrovanadium demand is expected to grow next year on the back of a shift to high-strength steel and as buyers make the move back to the alloy from columbium on slackened prices, according to market sources.
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Alcoa Inc. has named Jeffrey Kellar president of its Alcoa Flexible Packaging business, succeeding Bimal Kalvani.
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Construction is continuing at full speed at Inco Ltd.’s Goro nickel project in New Caledonia after an application by a group of local residents to stop construction was denied, according to the company.
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United Steelworkers union members at Xstrata Aluminum’s Norandal plant in Salisbury, N.C., have ratified a new three-year collective bargaining agreement.
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Chinese copper smelters are keeping up the pressure for higher annual treatment and refining charges (TC/RCs) after rejecting BHP Billiton’s initial offer of $60 a tonne/6 cents a pound with no price participation, according to traders.
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Alcoa Inc. has named Jeffrey Kellar president of its Alcoa Flexible Packaging business, succeeding Bimal Kalvani.
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United Steelworkers union Local 8573 has ratified a new three-year collective bargaining agreement covering unionized workers at Xstrata Aluminum’s Norandal plant in Salisbury, N.C.
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Construction continues at full speed at Inco Ltd.’s Goro nickel project, despite a ruling that mandated the company must stop clearing land for the construction of a waste facility, the company said Wednesday.
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Operations are expected to resume at Breakwater Resources Ltd.’s Myra Falls zinc mine Saturday, about a week after production came to a halt when the road leading into the site was shut down on the back of a storm.
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Bolivia’s government will expand production at the Huanuni tin mine in Oruro after issuing a decree to close down cooperative miners on the Cerro Posokoni deposit as part of a plan to end conflict between different miner groups.
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After a five-year hiatus, zinc mining at three sites in eastern Tennessee formerly owned by Asarco Inc., Tucson, Ariz., will resume production early next year.
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Molybdenum prices are firm as demand is expected to rise in 2007.