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World spot alumina markets remain tight even as commerce slows heading into the Christmas holiday season and the Jamaica Alumina Co. (Jamalco) refinery resumes shipments after disruptions in the wake of Hurricane Dean in August.
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The average daily shipping rate by copper and brass service centers fell 5.4 percent in October and companies continued to keep inventory levels to a minimum due to good mill delivery schedules and high prices, according to the latest figures from the Copper & Brass Servicenter Association, Wayne, Pa.
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Alcoa Inc., Pittsburgh, has formed a strategic partnership with Shanxi-based Yangquan Coal Industry (Group) Co. Ltd. to develop an aluminum and electricity project in Shanxi province in Northern China.
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The average daily shipping rate of copper and brass service centers fell 5.4 percent in October as companies continue to keep inventory levels to a minimum due to good mill delivery schedules and high prices, according to the latest figures from the Copper & Brass Servicenter Association, Wayne, Pa.
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Annual zinc treatment charge (TC) negotiations are expected to swing in favor of smelters thanks to an anticipated concentrate surplus and lower zinc prices, according to market sources.
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Labor negotiations aimed at ending more than four months of industrial action at Grupo Mexico SA de CV’s big Cananea copper mine broke down Thursday as union leaders accused the company of failing to meet its demands for health and safety improvements.
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Annual zinc treatment charge (TC) negotiations are expected to swing in favor of smelters thanks to an anticipated concentrate surplus and lower zinc prices, according to market sources.
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World spot alumina markets remain tight even as commerce slows into the holiday season and the Jamaica Alumina Co. (Jamalco) refinery resumes shipments after disruptions in the wake of Hurricane Dean this summer.
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Strong demand from steelmakers and sparse supplies have pushed spot prices for high-carbon ferromanganese higher in recent weeks.
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Strong demand from steelmakers and sparse supply have pushed spot prices for high-carbon ferromanganese higher in recent weeks.
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Plans by Xstrata Plc and Vale Inco Ltd. to jointly improve mining efficiency and cut costs in the Sudbury Basin in Ontario will be officially unveiled only after union workers at the companies get a look at them.
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NGK Metals Corp., Sweetwater, Tenn., a producer of beryllium-copper alloys, said Friday it plans to increase the prices of all products between 5 and 10 percent effective Jan. 1.
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Plans by Xstrata Plc and Vale Inco Ltd. to jointly improve mining efficiency and cut costs in the Sudbury Basin will be officially unveiled only after union workers at the companies get a look at them, Ian Pearce, Xstrata Nickel’s chief executive officer, said.
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U.S. spot prices for bismuth are continuing their gradual decline following a spike during the first half of 2007.
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NGK Metals Corp., Sweetwater, Tenn., a producer of beryllium-copper alloys, said Friday it plans to increase the prices of all products between 5 and 10 percent effective Jan. 1.
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Alcoa Inc., Pittsburgh, has received approval of a 17-year power agreement for its Wenatchee, Wash., aluminum smelter that will allow the company to increase production.
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Northern Peru Copper Corp. has signed an agreement of support for a cash takeover offer by state-owned China Minmetals Nonferrous Metals Co. Ltd. and publicly traded Jiangxi Copper Co. Ltd., the Vancouver, British Columbia-based miner said Thursday.
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Milling has been restored to normal levels at Breakwater Resources Ltd.’s El Mochito lead and zinc mine in Honduras, seven weeks after being halted following a leak at its Soledad impoundment area.
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The London Metal Exchange has made light of concerns raised by its continued acceptance of warrants for aluminum produced by Iranian Aluminium Co. (Iralco).
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Milling has been restored to normal levels at Breakwater Resources Ltd.’s El Mochito lead and zinc mine in Honduras, seven weeks after being halted following a leak at its Soledad impoundment area.
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Alcoa Inc., Pittsburgh, has secured a 17-year power agreement for its Wenatchee, Wash., aluminum smelter that will allow the company to expand production.
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Xstrata Plc’s pipeline of copper projects could be fast-tracked following a deal with engineering and construction company Bechtel Corp., San Francisco.
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Emirates Aluminum LLC (Emal) plans to develop a primary aluminum smelter in Algeria in partnership with Algerian state energy group Sonatrach.
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Demand for copper cathode in the United States has dried up as consumers run down inventory for year-end accounting purposes and concerns deepen over the impact of the housing sales collapse and credit crunch on the wider economy.