Nonferrous

  • Alumina market still tight as Jamalco ramps up Dec 10, 2007

    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.

  • Average shipping rates at copper, brass service centers drop [CORRECTED] Dec 10, 2007

    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.

  • Alcoa signs pact for Chinese aluminum, energy project Dec 10, 2007

    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.

  • Average shipping rates at copper, brass service centers drop Dec 10, 2007

    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.

  • Smelters gain upper hand in 2008 zinc talks Dec 07, 2007

    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.

  • Cananea talks’ failure helps buoy copper Dec 07, 2007

    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.

  • Smelters gain upper hand in 2008 zinc TC talks Dec 07, 2007

    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.

  • Alumina markets still tight as Jamalco ramps up Dec 07, 2007

    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.

  • Ferromanganese prices increase on tight supplies, strong demand Dec 07, 2007

    Strong demand from steelmakers and sparse supplies have pushed spot prices for high-carbon ferromanganese higher in recent weeks.

  • Ferromanganese up on tight supply, strong steel demand Dec 07, 2007

    Strong demand from steelmakers and sparse supply have pushed spot prices for high-carbon ferromanganese higher in recent weeks.

  • Sudbury synergy plan awaiting union stamp Dec 07, 2007

    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.

  • NGK lifting beryllium-copper alloys Dec 07, 2007

    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.

  • Sudbury synergies worked out, still need union stamp Dec 07, 2007

    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.

  • Bismuth could be headed toward soft landing Dec 07, 2007

    U.S. spot prices for bismuth are continuing their gradual decline following a spike during the first half of 2007.

  • NGK to lift beryllium-copper alloys Dec 07, 2007

    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.

  • Alcoa secures power for Wash. smelter Dec 06, 2007

    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.

  • Minmetals, Jiangxi to acquire Northern Peru for $450 million Dec 06, 2007

    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.

  • Milling returns to normal level at Breakwater Honduras mine Dec 06, 2007

    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.

  • LME plays down concerns over warrants for Iran metal Dec 06, 2007

    The London Metal Exchange has made light of concerns raised by its continued acceptance of warrants for aluminum produced by Iranian Aluminium Co. (Iralco).

  • Milling back to normal at Breakwater mine in Honduras Dec 06, 2007

    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.

  • Alcoa secures 17-year power deal for Wenatchee smelter Dec 06, 2007

    Alcoa Inc., Pittsburgh, has secured a 17-year power agreement for its Wenatchee, Wash., aluminum smelter that will allow the company to expand production.

  • Xstrata to fast-track copper mine projects via Bechtel collaboration Dec 06, 2007

    Xstrata Plc’s pipeline of copper projects could be fast-tracked following a deal with engineering and construction company Bechtel Corp., San Francisco.

  • Emal to develop aluminum smelter in Algeria Dec 06, 2007

    Emirates Aluminum LLC (Emal) plans to develop a primary aluminum smelter in Algeria in partnership with Algerian state energy group Sonatrach.

  • Copper demand vanishes as users look to ’08 Dec 06, 2007

    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.

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