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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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Elkem AS, Oslo, Norway has chosen Helge Holen as its new president and chief executive officer, effective Dec. 21.
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PT International Nickel Indonesia Tbk (PT Inco) expects to hit its full-year production target of 165 million pounds of nickel in matte despite an 11-day strike by union workers seeking higher compensation.
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Century Aluminum Co., Monterey, Calif., said that its wholly owned subsidiary in Iceland, Nordural ehf, has energized the cells of the 40,000-tonne expansion at its smelter in Grundartangi, Iceland.
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Annual copper treatment and refining charge (TC/RC) contract negotiations between producers and smelters are at an impasse as smelters put up fierce resistance to the lower numbers being offered.
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London Metal Exchange aluminum prices will increase in the long term, although that is dependant on a recovery of the U.S. dollar, according to Thomas Reuther, managing director of Trimet Aluminium AG, Essen, Germany.
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Annual copper treatment and refining charge (TC/RC) contract negotiations between producers and smelters are at an impasse as smelters put up fierce resistance to the lower numbers being offered.
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Glencore International AG, Zug, Switzerland, has paid $125.2 million to acquire nearly 2.4 million shares in Century Aluminum Co., according to a filing with the U.S. Securities and Exchange Commission.
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Sitting on a cash pile of Australian $2.2 billion ($1.93 billion), Melbourne, Australia-based Zinifex Ltd. is eyeing growth via zinc and copper acquisitions, chairman Peter Mansell told shareholders at the company’s annual general meeting.
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Strong demand from overseas buyers has propelled Chinese magnesium export prices to more than $4,000 a tonne f.o.b., up 20 percent in the past two weeks.
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Chinese exports of nonferrous metals plummeted in October as the government continued its attempts to stabilize the country’s economy.
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U.S. imports of brass mill products fell 6.8 percent in September to 47,578,370 pounds from 51,045,606 pounds in the same month last year, according to the latest figures from the Copper and Brass Fabricators Council.
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Glencore International AG, Zug, Switzerland, paid $125.2 million in cash to acquire nearly 2.4 million shares in Century Aluminum Co., according to a filing with the U.S. Securities and Exchange Commission.
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Sitting on a cash pile of Australian $2.2 billion ($1.9 billion), Melbourne, Australia-based Zinifex Ltd. is eyeing growth via zinc and copper acquisitions, Peter Mansell, chairman, told shareholders at the company’s annual general meeting Monday.
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Noranda Aluminum Holding Corp., Franklin, Tenn., saw net income plummet to $2.3 million during the third quarter from $31.8 million in the year-earlier quarter due to the allocation of costs associated with the company’s acquisition by affiliates of Apollo Management LP in May.
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Brush Wellman Inc.’s alloy products division plans to increase all copper, nickel, aluminum, tin and beryllium alloy product prices at the start of next year.
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Brush Wellman Inc.’s alloy products division plans to increase all copper, nickel, aluminum, tin and beryllium alloy product prices at the start of next year.
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Demand for aluminum, copper and iron ore could double or even triple during the next 25 years on the back of rapid economic growth in India and China, Rio Tinto said Monday.
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Teck Cominco Ltd. and NovaGold Resources Inc. are suspending construction at the Galore Creek copper, gold and silver project in northwestern British Columbia because of high capital costs.
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Nickel production at CVRD Inco Ltd.’s operations in Thompson, Manitoba, is expected to increase 36 percent following an expansion and modernization of its mining, smelting and refining facilities.
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Petaquilla Copper Ltd., Vancouver, British Columbia, plans to start development of its Botija Abajo copper and gold deposit in Cocle province in east-central Panama, an executive said Monday.
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Teck Cominco Ltd. and NovaGold Resources Inc. are suspending construction at the Galore Creek copper, gold and silver project in northwestern British Columbia because of high capital costs.
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Nickel production at CVRD Inco Ltd.’s operations in Thompson, Manitoba, is expected to increase 36 percent following an expansion and modernization of its mining, smelting and refining facilities.
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The runaway success of many large mining and metals companies coupled with high metal prices have made borrowing for expansions and acquisitions easy, but those funds are now beginning to dry up in the current credit crunch, according to Standard & Poor’s, the New York based ratings service.