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Spot copper premiums in the United States continue to face downward pressure as consumers run down inventories as the end of the year approaches and demand for semi-fabricated products remains soft in the wake of the residential construction slump.
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Xstrata Plc’s North Chile division has launched a feasibility study into more than doubling molybdenum production at its Altonorte metallurgical facility in La Negra, Chile.
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U.S. exports of brass mill products tumbled 15.6 percent in September to 24,612,913 pounds compared with 29,168,875 pounds in the same period last year, according to latest figures from the Copper & Brass Fabricators Council.
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The Thompson Creek Mine in Idaho will produce 26.3 percent more contained molybdenum over the next 10 years than previously expected, Thompson Creek Metals Co. said Monday as part of a revised mining plan for the open-pit operation.
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Volatility will continue in the tin market as prices, controlled mainly by financial interests and not physical players, continue to rise and fall with financial markets.
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Spot copper premiums in the United States continue to face downward pressure as consumers run down inventory as the end of the year nears and demand for semi-fabricated products remains soft in the wake of the residential construction slump.
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Xstrata Plc’s North Chile division has launched a feasibility study into doubling molybdenum production at its Altonorte metallurgical facility in La Negra, Chile, the company said Monday.
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Teck Cominco Ltd. and NovaGold Resources Inc. will suspend construction at the Galore Creek copper, gold and silver project in northwestern British Columbia because of high capital costs, the two companies said Monday.
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Global Brass & Copper Inc., East Alton, Ill., the former Olin metals business acquired by New York-based KPS Capital Partners LP, has named John H. Walker as chief executive officer.
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Strategic Resource Acquisition Corp. (SRA), Toronto, has completed a hedge option to sell 13,608 tonnes of zinc at a premium to the metal’s current price on the London Metal Exchange.
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The global zinc market is not as tight as published data would indicate but the lead market could actually be worse, according to a research report by Barclays Capital, London.
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Strategic Resource Acquisition Corp. has completed a hedge option to sell 13,608 tonnes of zinc at a premium to the metal’s current price on the London Metal Exchange, the company said Wednesday.
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U.S. ferrochrome supply contracts could hit record levels in 2008 as global supply remains tight and South African producers raise prices to make up for the falling value of the U.S. dollar, market sources said.
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York Capital Management LLC wants FNX Mining Co. Inc., Toronto, to put itself up for sale.
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U.S. ferrochrome supply contracts could hit record levels in 2008 as global supply remains tight and South African producers raise prices to make up for the falling value of the U.S. dollar, market sources said.
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The global zinc market is not as tight as published data would indicate but the lead market could actually be worse, according to a research report by Barclays Capital, London.
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NEW YORK — U.S. aluminum premiums were steady in tepid trading in a holiday-shortened week while most consumers focused on covering their needs for 2008.
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China’s copper production in October reached its highest level this year, making it increasingly likely that imports—and prices—will continue to fall, traders and analysts said.
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The Chinese government might raise export taxes on ammonium paratungstate (APT) and ferrotungsten to as high as 15 percent starting Jan. 1.
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York Capital Management LLC has advised FNX Mining Co. Inc., Toronto, to put itself up for sale.
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U.S. aluminum premiums were steady in tepid holiday week trading while most consumers focused on covering their needs for 2008.
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ArcelorMittal, the world’s largest steelmaker, is making several upstream investments to ensure a long-term supply of two key raw materials manganese and molybdenum.
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Aleris International Inc., Beachwood, Ohio, has entered into a definitive agreement to sell its U.S. Zinc subsidiary to affiliates of Votorantim Metais Ltda., the Sao Paulo-based metals unit of Brazil’s Votorantim Group, for $295 million.
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The Chinese government plans to raise export taxes on some nonferrous metals, including aluminum fabricated products, lead and zinc, effective Jan. 1, according to growing market rumors.