Nonferrous RSS

  • Somber tone at meeting of US copper industry Nov 14, 2008

    Misery loves company, and delegates at the American Copper Council’s fall meeting in Dallas were no exception.

  • Vinacomin plans 600,000T/year alumina refinery Nov 14, 2008

    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.

  • Alcoa appoints Russo to board Nov 14, 2008

    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.

  • CNIA calls for 13% export rebate on copper Nov 14, 2008

    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.

  • Tungsten tags steady, but drop seen Nov 14, 2008

    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.

  • COMMENT Alcoa, BHP choose different paths Nov 14, 2008

    Alcoa Inc. and BHP Billiton are proving that there is more than one way to navigate through a global economic crisis.

  • Tungsten tags steady, but drop seen Nov 14, 2008

    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.

  • Crown to shut two Canadian can plants in 1st qtr. Nov 14, 2008

    Crown Holdings Inc., Philadelphia, plans to close its food can plant in Dorval, Quebec, and its beverage can and crown plant in Montreal.

  • Teck Cominco shares dive on Fording deal concerns Nov 14, 2008

    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.

  • Foreign miners’ stock listings on Canada exchanges stall Nov 14, 2008

    Several overseas mining companies have delayed or withdrawn plans to list on Canada’s main stock exchanges in recent weeks, a harbinger of the tough times ahead for one of the industry’s top centers for raising equity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.

  • Russo appointed to Alcoa board Nov 14, 2008

    Alcoa Inc. has named Patricia F. Russo, 56, to its board of directors.

  • Correction - ABC Metals energy charge cut 2¢/lb. Nov 14, 2008

    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.

  • New titanium venture to set up shop in South Carolina Nov 13, 2008

    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.

  • New titanium venture to set up shop in South Carolina Nov 13, 2008

    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.

  • Ormet smelter in line for 15% power rate cut Nov 13, 2008

    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.

  • U.S. Steel laying off 675 at N. America flat-roll plants (CORRECTION) Nov 13, 2008

    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.

  • Timminco ramps up solar silicon, but net loss widens Nov 13, 2008

    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.

  • Arehada closes China zinc plant Nov 13, 2008

    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.

  • Arehada closes Inner Mongolian operations Nov 13, 2008

    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.

  • Weakening auto demand sinks US magnesium prices Nov 13, 2008

    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.

  • Timminco ramps up solar silicon, but net loss widens Nov 13, 2008

    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.

  • Xstrata to shut two Canadian nickel mines Nov 13, 2008

    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.

  • Vale Inco building hydromet plant Nov 13, 2008

    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.

  • Weakening auto demand sinks US magnesium prices Nov 13, 2008

    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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