Nonferrous RSS

  • Skye posts $7.66M loss as Fenix project advances Nov 15, 2007

    Skye Resources Inc., Vancouver, British Columbia, posted a net loss of $7.66 million in the third quarter compared with a loss of $8.67 million in the same period last year and a $5.9-million loss in the second quarter as it worked to bring its Fenix nickel laterite project in Guatemala online by 2009.

  • Leggett & Platt to sell off aluminum assets [UPDATE] Nov 14, 2007

    Leggett & Platt Inc., Carthage, Mo., plans to divest its aluminum business as part of a broader strategy to refocus the company’s operations.

  • Leggett & Platt restructures, will sell off aluminum assets Nov 14, 2007

    Leggett & Platt Inc., Carthage, Mo., plans to divest its aluminum business as part of a broader strategy to refocus the company’s operations.

  • Kaiser Aluminum profit soars 73% in third quarter [UPDATE] Nov 14, 2007

    A strong aerospace market was among the factors that helped Kaiser Aluminum Corp., Foothill Ranch, Calif., post a 73-percent rise in third-quarter net income to $24.8 million on sales of $366.7 million. This compares with net income of $14.3 million on sales of $331.4 million in the same period last year.

  • Rio Tinto acquires 100 percent of Alcan Nov 14, 2007

    Rio Tinto said its indirect wholly owned subsidiary, Rio Tinto Canada Holding Inc. (RTCH), has now acquired 100 percent of aluminum producer Alcan Inc.

  • Ivernia sinks deeper into red as it awaits lead shipment OK Nov 14, 2007

    Ivernia Inc. fell deeper into the red during the third quarter as it works to resume shipments of lead concentrate from its Magellan Mine in Western Australia.

  • TCMP sees lower moly output than anticipated Nov 14, 2007

    Molybdenum production at Thompson Creek Metals Co. Inc. (TCMP), Toronto, will fall between 10 and 12 percent below its previously adjusted outlook to between 17.5 million and 18 million pounds as a result of lower-than-expected ore grades, lower throughput and recovery rates, the company said.

  • Horsehead pens tentative accord with USW at Monaca zinc smelter Nov 14, 2007

    Horsehead Holding Corp., parent of zinc producer and recycler Horsehead Corp., Monaca, Pa., has reached a tentative contract with United Steelworkers union Local 8183, which represents workers at the company’s Monaca zinc smelter.

  • Horsehead reaches tentative deal at Monaca zinc smelter Nov 14, 2007

    Horsehead Holding Corp., parent of zinc producer and recycler Horsehead Corp., Monaca, Pa., has reached a tentative contract with United Steelworkers union Local 8183, which represents workers at the company’s Monaca zinc smelter.

  • Rockslide shuts pit at Thompson Creek’s Endako Mine Nov 14, 2007

    A rockslide at Thompson Creek Metals Co. Inc.’s Endako Mine in British Columbia has halted mining activities since late Monday, the company said Wednesday.

  • Leggett & Platt to sell aluminum business Nov 14, 2007

    Leggett & Platt Inc., Carthage, Mo., plans to divest its aluminum business as part of a broader strategy to re-focus the company’s operations.

  • Kaiser Aluminum profit soars 73% in third quarter Nov 14, 2007

    Kaiser Aluminum Corp., Foothill Ranch, Calif., posted a 73-percent rise in third-quarter net income to $24.8 million on sales of $366.7 million. This compares with net income of $14.3 million on sales of $331.4 million in the same period last year.

  • Ferrovanadium steady as ’08 pact talks begin Nov 14, 2007

    Ferrovanadium prices are unchanged as buyers start to negotiate 2008 business, but increased Chinese demand could tighten supplies and prop up prices next year, sources said.

  • RTI renews, grows long-term supply contract with Boeing Nov 13, 2007

    RTI International Metals Inc. has renewed its direct long-term supply relationship with Boeing Co. after nearly four years—but more as a provider of downstream components rather than a source of basic titanium.

  • Ferrovanadium steady as ’08 contract talks begin Nov 13, 2007

    Ferrovanadium prices are unchanged as buyers start to negotiate 2008 business, but increased Chinese demand could tighten supplies and prop up prices next year, sources said.

  • TCMP sees lower moly output than anticipated Nov 13, 2007

    Molybdenum production at Thompson Creek Metals Co. (TCMP), Toronto, will fall between 10 and 12 percent below its previously adjusted outlook to between 17.5 million and 18 million pounds as a result of lower-than-expected ore grades, lower throughput and recovery rates, the company said.

  • Timminco deeper in red on strong Loonie, ‘operating issues’ Nov 13, 2007

    Canadian silicon and magnesium producer Timminco Ltd., Toronto, drifted deeper into the red in the third quarter as a result of operating issues and a strong Canadian dollar.

  • Ormet to restart 6th line this month Nov 13, 2007

    Ormet Corp., Hannibal, Ohio, plans to restart the sixth and final potline at its 260,000-tonne-per-year Hannibal smelter by the end of this month.

  • FNX spinning off three nickel properties to INV Nov 13, 2007

    International Nickel Ventures Corp. (INV), Toronto, has agreed to acquire three of FNX Mining Co. Inc.’s nickel assets in northern Ontario in exchange for 2.9 million shares of INV stock.

  • Restarts ramp up US aluminum production nearly 18% from ’06 Nov 13, 2007

    U.S. aluminum production jumped nearly 18 percent in October to an annual rate of 2,632,710 tonnes compared with 2,234,989 tonnes a year earlier, according to the latest figures from the Aluminum Association, Washington

  • Ormet set to energize sixth line at end of Nov. Nov 13, 2007

    Ormet Corp., Hannibal, Ohio, plans to restart the sixth and last potline at its 260,000-tonne-per-year Hannibal smelter by the end of the month, according to Mike Tanchuk, president and chief executive officer.

  • Some question if Globe can secure low-cost power for NY silicon plant Nov 13, 2007

    Getting the low-cost power that Globe Metallurgical Inc. says it needs before it can restart its Niagara Falls, N.Y., silicon metal plant will be difficult, market sources said this week.

  • Cananea workers exposed to dangers report Nov 13, 2007

    Workers at Grupo Mexico SA de CV’s Cananea copper mine in Sonora, Mexico, have been exposed to “serious health and safety violations,” including toxic dust, according to a report released this week.

  • Some question if Globe can get low-cost power for NY plant Nov 13, 2007

    Getting low-cost power Globe Metallurgical Inc. says it needs before it can restart its Niagara Falls, N.Y., silicon metal plant will be difficult, market sources said this week.

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