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Brazil’s Cia. Vale do Rio Doce (CVRD) has changed its name to Vale, and its North American subsidiaries are going along for the ride.
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Bolton Metal Products Co., Bellefonte, Pa., has lowered its metal value for alloy 360 brass rod by 18 cents a pound to $2.95 at its Bellefonte operations and to $2.90 at its Santa Fe Springs, Calif., site.
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Titanium Metals Corp. has put plans for a new sponge plant on the back burner as the outlook for raw material supply now appears sufficient to meet its needs.
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Thompson Creek Mining Co., Toronto, is considering an early transfer of mining activities at its Endako Mine in British Columbia to its Denak West Pit as it awaits a damage assessment from a rockslide that brought operations at the Endako pit to a halt two weeks ago, the company’s president and chief executive officer, Kevin Loughrey, said in a presentation at the Grand Hyatt hotel in New York Wednesday.
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Lead prices are expected to rebound following a flurry of profit-taking as stocks held in London Metal Exchange-registered warehouses remain at critical levels, according to trade sources.
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North American aluminum demand fell 4.5 percent to 2.1 billion pounds in September from 2.2 billion pounds in both the previous month and September last year, according to the latest data from the Aluminum Association.
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Grupo Mexico SA de CV has lost another attempt to reclaim control of copper producer Asarco LLC, Tucson, Ariz.
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Aluminum markets showed a third-quarter surplus as demand slowed in the United States and Europe but continued to grow in emerging markets, according to Paul Williams, CRU International Ltd. aluminum semis research manager.
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BHP Billiton, majority owner of Minera Escondida Ltda. in Chile, has settled a copper treatment and refining charge (TC/RC) contract for 2008 with an unidentified Indian smelter at $45 per tonne/4.5 cents a pound, according to trade sources.
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Brazil’s Cia. Vale do Rio Doce has changed its name to Vale, and its North American subsidiaries are going along for the ride.
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North American aluminum demand in September fell 4.5 percent from the previous month and is off 3.8 percent for the year to date, according to the latest data from the Aluminum Association.
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A division of Grupo Mexico SA de CV has lost another attempt to reclaim control of copper producer Asarco LLC, Tucson, Ariz.
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Copper smelters have raised concerns over BHP Billiton’s potential dominance of the concentrates market if it acquires Rio Tinto.
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Copper smelters have raised concerns over BHP Billiton’s potential dominance of the concentrates market if it acquires Rio Tinto.
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Ormet Corp., Hannibal, Ohio, trimmed its third-quarter net loss to less than $19.6 million from nearly $33.9 million in the same period last year as sales more than tripled to more than $130.5 million.
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Anglo American Plc, London, has decided to go ahead with plans to increase production at the Los Bronces copper mine in Chile in a $1.7-billion project that will raise its capacity by 77 percent.
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Sino-Mining International Investment Co. Ltd. has established a joint venture with North Korea’s Hysen Youth Copper Co. to restart a copper mine in the Communist nation.
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Century Aluminum Co.’s wholly owned subsidiary in Iceland, Nordural ehf, has energized the cells of the 40,000-tonne expansion at its Grundartangi smelter.
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Stillwater Mining Co. said late Wednesday that its chief operating officer, Stephen Lang, will resign to join another mining company.
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Aluminum markets showed a third-quarter surplus as demand slowed in the United States and Europe but continued to grow in emerging nations, according to Paul Williams, CRU International Ltd. aluminum semis research manager.
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The National Aluminium Co. (Nalco) tender for 30,000 tonnes of alumina was won by China Minmetals Corp. with a bid of $376.10 per tonne f.o.b. Visakhapatnam on India’s eastern coast.
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Alcoa Inc., Pittsburgh, has received approval from the National Aerospace and Defense Contractors Accreditation Program (Nadcap) for ultrasonic inspection and heat-treated forged products at its Samara manufacturing facility in Russia.
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Breakwater Resources Ltd., Toronto, has yet to determine how much zinc and lead production will be lost following a leak at the Soledad tailings impoundment area at its El Mochito Mine in Honduras.
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Elkem AS, Oslo, Norway, has named Helge Holen as its new president and chief executive officer effective Dec. 21.