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U.S. molybdenum supply has not felt any pinch from the problems at Thompson Creek Metals Co.’s Endako Mine in British Columbia caused by a rockslide that halted mining last Monday, market sources said.
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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 Sau Paulo-based metals unit of Brazil’s Votorantim Group, for $295 million.
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Strategic Resource Acquisition Corp. (SRA) has completed rehabilitation and started commissioning the mill at its mid-Tennessee zinc mining complex and removed water from its Gordonsville and Cumberland mines as it prepares to start concentrate production next month.
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A portion of the work force at PT International Nickel Indonesia Tbk’s big Sorowako nickel mine on Sulawesi Island remained on strike Tuesday after walking off the job last Thursday when the company rejected their demands for increased compensation.
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ArcelorMittal, the world’s largest steelmaker, plans to invest about $70 million in General Moly Inc., Lakewood, Colo., giving it 12.6 percent of the company and, if all goes as planned, a secure source of 6.5 million pounds of molybdenum per year for five years.
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A portion of the work force at PT International Nickel Indonesia Tbk’s Sorowako nickel mine on Sulawesi Island remained on strike Tuesday after walking off the job last Thursday when their demands for increased compensation were rejected by company management.
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Acadian Mining Corp., Halifax, Nova Scotia, fell deeper into the red in the third quarter despite recording its first revenue on the back of the first shipment of concentrates from its Scotia Mine, the company’s only operating asset.
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A portion of the work force at PT International Nickel Indonesia’s Sorowako nickel mine on Sulawesi Island remained on strike Monday after walking off the job last Thursday when their demands for increased compensation were rejected by company management.
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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 Sau Paulo-based metals unit of Brazil’s Votorantim Group, for $295 million.
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Olin Corp., Clayton, Mo., has completed the sale of its metals division to Global Brass & Copper Holdings Inc., an affiliate of private equity group KPS Capital Partners LP.
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Olin Corp., Clayton, Mo., has completed the sale of its metals division to Global Brass & Copper Holdings Inc., an affiliate of private equity group KPS Capital Partners LP.
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The U.S. International Trade Commission has determined that revoking the existing anti-dumping duties on imports of silicomanganese from India, Kazakhstan and Venezuela would likely lead to injury of the domestic industry.
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The U.S. International Trade Commission has determined that revoking the existing anti-dumping duties on imports of silicomanganese from India, Kazakhstan and Venezuela would likely lead to injury of the domestic industry.
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Anglo-Australian metals producer Rio Tinto is planning to develop an aluminum smelter together with Abu Dhabi Basic Industries Corp. (Adbic), a Rio spokesman in London confirmed.
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Strategic Resource Acquisition Corp. (SRA) has completed rehabilitation and started commissioning the mill at its Mid-Tennessee zinc mining complex and removed water from its Gordonsville and Cumberland mines as it prepares to start concentrate production next month.
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Workers at Horsehead Holding Corp.’s zinc smelter in Monaca, Pa., ratified a new four-year contract late Friday, the company said.
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Stepping up to meet the rising costs of CVRD Inco Ltd.’s Goro nickel mine in New Caledonia, Sumitomo Metal Mining Co. Ltd. and Mitsui & Co. Ltd. have agreed to pitch in $546 million to maintain their 21-percent interest in the project.
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Anglo-Australian metals producer BHP Billiton has signed an agreement with the Chilean unit of Pacific Hydro Pty Ltd. to study the development of 100 megawatts of wind-generation capacity in Chile’s Region’s I and II where it owns and operates three copper mines.
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Alcoa Auto and Truck Structures, a unit of Pittsburgh-based Alcoa Inc., has delivered custom aluminum truck bodies from its Kofem facility in Szekesfehervar, Hungary, to Sip-Well NV of Puurs, Belgium, a water cooler company.
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Construction officially began Monday on the $5.6-billion, 585,000-tonne-per-year Qatalum primary aluminum plant in Mesaieed, Qatar, as partner Norsk Hydro ASA, Oslo, Norway, looked to the day when the site could be home to a 1.2-million-tonne-a-year smelter.
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Rio Tinto is planning to develop an aluminum smelter together with Abu Dhabi Basic Industries Corp. (Adbic), a Rio spokesman in London confirmed.
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The U.S. International Trade Commission has determined that revoking the existing anti-dumping duties on imports of silicomanganese from India, Kazakhstan and Venezuela would likely lead to injury of the domestic industry.
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Construction officially began Monday on the $5.6-billion, 585,000-tonne-per-year Qatalum primary aluminum plant in Mesaieed, Qatar, as partner Norsk Hydro ASA, Oslo, Norway, looked to the day when the site could be home to a 1.2-million-tonne-a-year smelter.
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The New York Mercantile Exchange plans to launch two new commodity index products in February 2008, the exchange said Monday.