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Misery loves company, and delegates at the American Copper Council’s fall meeting in Dallas were no exception.
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An alumina refinery is planned by Vietnam National Coal-Mineral Industries Group (Vinacomin). The 600,000-tonne-per year refinery in Lam Dong province is slated for commissioning in 2010, the company said.
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Alcoa Inc. has named Patricia F. Russo, 56, to its board of directors. Russo is former chief executive officer of Alcatel-Lucent, a communications company formed in 2006 by the merger of France’s Alcatel and Lucent Technologies Inc. in the United States.
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A 13-percent export tax rebate should be imposed on Chinese copper, the China Nonferrous Metals Industry Association (CNIA) said after Beijing ignored its call to cancel the 5-percent export tax on refined copper.
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U.S. tungsten prices have yet to suffer the big falls seen in other bulk alloys such as molybdenum, but a sharp decline is on the way as demand has dried up and sales have virtually ground to a halt, metal dealers and traders told AMM.
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Alcoa Inc. and BHP Billiton are proving that there is more than one way to navigate through a global economic crisis.
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U.S. tungsten prices have yet to suffer the big falls seen in other bulk alloys such as molybdenum, but a sharp decline is on the way as demand has dried up and sales have virtually ground to a halt, metal dealers and traders told AMM.
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Crown Holdings Inc., Philadelphia, plans to close its food can plant in Dorval, Quebec, and its beverage can and crown plant in Montreal.
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Shares in Teck Cominco Ltd. lost nearly half their value during the past week as investors fretted that the company’s debt-financed purchase of Fording Canadian Coal Trust was so ill-timed that the miner might even wind up facing bankruptcy.
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Several overseas mining companies have delayed or withdrawn plans to list on Canada’s main stock exchanges in recent weeks, a harbinger of the tough times ahead for one of the industry’s top centers for raising equity financing.
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Alcoa Inc. has named Patricia F. Russo, 56, to its board of directors.
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A story in AMM's Nov. 13 edition incorrectly listed ABC Metals Inc.'s energy surcharge as 15 cents a pound. The correct surcharge is 1.5 cents a pound.
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A new titanium production venture has chosen South Carolina for its first plant as it targets late 2009 for groundbreaking on the $420-million project.
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A new titanium production venture has chosen South Carolina for its first plant as it targets late 2009 for groundbreaking on the $420-million project.
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Ormet Corp. is confident it will be able to secure a power rate reduction of at least 15 percent for its Hannibal, Ohio, smelter by the beginning of 2009, it said.
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U.S. Steel Corp., Pittsburgh, is laying off 675 workers at its flat-roll operations in the United States and Canada because of weakening customer demand, it said Thursday.
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Timminco Ltd.’s shipments of solar grade silicon increased by 36 percent in the third quarter, but the silicon producer saw its net loss more than triple.
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Arehada Mining Ltd., Toronto, has temporarily closed its mine and zinc plant in Inner Mongolia, China, after making drastic cuts in operating costs over the past several months.
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Arehada Mining Ltd., Toronto, has temporarily closed its mine and zinc plant in Inner Mongolia, China, after making drastic cuts in operating costs over the past several months.
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The disastrous state of the U.S. automotive industry has led to reduced demand for magnesium and has placed downward pressure on spot magnesium prices, market sources said.
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Timminco Ltd.’s shipments of solar grade silicon increased by 36 percent in the third quarter, but the silicon producer saw its net loss more than triple.
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Xstrata Nickel will halt operations ahead of schedule at its Craig and Thayer-Lindsley nickel mines in Sudbury, Ontario, and replace them with the new Nickel Rim South and Fraser Morgan mines.
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Vale Inco Ltd. will build a commercial hydromet plant in Long Harbour, Newfoundland, to process nickel ore mined from its Voisey’s Bay project, the provincial government said in a statement.
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The disastrous state of the U.S. automotive industry has led to reduced demand for magnesium and has placed downward pressure on spot magnesium prices, market sources said.