Nonferrous

  • Century turns on new cells at Iceland smelter Nov 28, 2007

    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.

  • Elkem taps Holen to succeed Theustad as president, CEO Nov 28, 2007

    Elkem AS, Oslo, Norway has chosen Helge Holen as its new president and chief executive officer, effective Dec. 21.

  • PT Inco expects to meet ’07 production target Nov 28, 2007

    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.

  • Century switches on expansion at Nordural Nov 28, 2007

    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.

  • Copper TC/RC negotiations stall as smelters balk Nov 27, 2007

    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.

  • Dollar key to ingot strength in Europe exec Nov 27, 2007

    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.

  • Copper TC/RC talks stall as smelters balk Nov 27, 2007

    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.

  • Glencore acquires 2.4M Century shares; 9-month earnings up 16% Nov 27, 2007

    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.

  • Zinifex on prowl for zinc, copper acquisitions Nov 27, 2007

    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.

  • Magnesium tops $4,000/T amid supply crimp Nov 27, 2007

    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.

  • China charts decline in aluminum, lead, tin, zinc exports in October Nov 27, 2007

    Chinese exports of nonferrous metals plummeted in October as the government continued its attempts to stabilize the country’s economy.

  • US imports, exports of brass mill products decrease in September Nov 27, 2007

    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.

  • Glencore buys 2.4M Century shares for $125.2M Nov 27, 2007

    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.

  • Zinifex on prowl for zinc, copper acquisitions Nov 27, 2007

    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.

  • Noranda’s net income sinks to $2.3M in 3d qtr. Nov 27, 2007

    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.

  • Brush Wellman hiking alloy items Nov 27, 2007

    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.

  • Brush Wellman hikes alloy product prices Nov 27, 2007

    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.

  • India, China growth could drive aluminum, copper demand to triple exec Nov 26, 2007

    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.

  • Teck, NovaGold halt work on $5B Galore Creek Mine Nov 26, 2007

    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.

  • Manitoba nickel expansion plan on CVRD’s map Nov 26, 2007

    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.

  • Petaquilla looking to build Panama’s first copper mine Nov 26, 2007

    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.

  • Teck, NovaGold halt work on Galore Creek [UPDATE] Nov 26, 2007

    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.

  • CVRD Inco eyes $760M outlay for Manitoba operations Nov 26, 2007

    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.

  • Credit tightens in mining sector as ratings suffer Nov 26, 2007

    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.

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