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Molybdenum prices are softening as spot sales slow to a near halt, market sources said.
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The Owensboro Riverport Authority in Kentucky has applied to the Comex division of the New York Mercantile Exchange to become an authorized delivery point for copper.
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Barrick Gold Corp. might make an offer for Freeport-McMoRan Copper & Gold Inc. to increase its reserves and lower operating costs, according to a CIBC World Markets Inc. analyst.
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Glencore Ltd., Stamford, Conn., has been awarded 25,000 short tons of high-carbon ferromanganese from U.S. government stocks, the Defense National Stockpile Center (DNSC) said Thursday.
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Negotiations between union leaders and management at Xstrata Plc’s Altonorte copper smelter in Chile continue as the two sides attempt to head off industrial action planned for Monday.
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Just in time for Christmas, Alcan Inc. has unwrapped the first phase of a $1.8-billion, 10-year plan it promises will make Quebec “the crossroads of the aluminum industry.”
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Kaiser Aluminum Corp., Foothill Ranch, Calif., has appointed Martin Carter to fill a newly created post of vice president and general manager of common alloy products, effective in the first quarter of 2007.
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Molybdenum prices are softening as spot sales slow to a near halt, market sources said.
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Spot indium prices remain stalled at between $720 and $760 per kilogram as business continues to slow approaching the year’s end, but there is talk of Chinese export taxes on minor metals that could drive prices up early next year.
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Spot sales of ferrovanadium have slowed as some steel companies prepare to shut down for the last week of December and consumers run down stocks to balance their books.
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Glencore Ltd., Stamford, Conn., has been awarded 25,000 short tons of high-carbon ferromanganese from U.S. government stocks, the Defense National Stockpile Center (DNSC) said Thursday.
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Spot indium prices remain stalled at between $720 and $760 per kilogram as business continues to slow approaching the year’s end, but talk of a Jan. 1 increase in Chinese export taxes on minor metals could drive prices up early next year.
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Labor negotiations between union leaders and Xstrata Plc’s Altonorte copper smelter in Chile continue as both sides attempt to head off industrial action planned for Monday.
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Kaiser Aluminum Corp., Foothill Ranch, Calif., has appointed Martin Carter to fill a newly created post of vice president and general manager of common alloy products, effective in the first quarter of 2007.
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Aleris International Inc., a producer of secondary aluminum metal and sheet, said it passed a milestone in its plans to go private as it received approval from holders of 75.7 percent of its publicly held shares for the change in status.
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Nickel contract prices for 2007 have shot up as the metal continues to trade at record prices on the London Metal Exchange.
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Nickel contract prices for 2007 have shot up as the metal continues to trade at record prices on the London Metal Exchange.
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The impact of a rockslide at Corporacion Nacional del Cobre de Chile’s Chuquicamata Mine in July was minimal, resulting in less than 15,000 tonnes of lost production, the state-owned company said Thursday.
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Alcan Inc., Montreal, plans to build a $550-million pilot plant using the company’s proprietary AP50 smelting technology at its Jonquiere, Quebec, site.
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Revere Copper Products Inc. said Thursday that it will raise prices for brass sheet and strip products at the beginning of next year in a move to offset higher zinc costs.
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Union leaders representing workers at Asarco LLC are preparing to submit wage and benefit demands to the U.S. copper producer just weeks before the current labor contract expires.
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Three units of copper producer Asarco LLC have filed for bankruptcy protection from creditors as part of the parent company’s efforts to settle a mountain of environmental and asbestos liabilities.
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Alcan Inc. is launching a research and development initiative in France that will focus on pot cell technology as part of its AP35 series aluminum smelting technology.
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Corporacion Nacional del Cobre de Chile (Codelco) said Thursday that the impact of a rockslide at its Chuquicamata mine in July had been minimal and resulted in less than 15,000 tonnes of lost production for this year.