Nonferrous

  • Battery shipments good sign for lead Nov 11, 2009

    Replacement car battery shipments posted a month-on-month gain in September, leaving battery makers hopeful that the market has finally bottomed out.

  • September rise in replacement battery shipments good sign for lead Nov 11, 2009

    Replacement car battery shipments posted a month-on-month gain in September, leaving battery makers hopeful that the market has finally bottomed out.

  • US copper scrap prices inch up as futures climb Nov 11, 2009

    Brass ingot makers’ copper scrap prices are rising on a buoyed primary market, even as a lack of Chinese activity continues to keep domestic metal flowing.

  • Timminco 3d-qtr. earnings hit by solar-silicon slump Nov 11, 2009

    Timminco Ltd. reported a net loss of Canadian $18.5-million ($17.6 million) in the third quarter, widening 34.9 percent from its C$13.7-million loss in the same period last year, due to falling demand for its solar-silicon products.

  • Timminco 3d-qtr. earnings hit by solar-silicon slump Nov 11, 2009

    Timminco Ltd. reported a net loss of Canadian $18.5-million ($17.6 million) in the third quarter, widening 34.9 percent from its C$13.7-million loss in the same period last year, due to falling demand for its solar-silicon products.

  • First LME formula cobalt contract finalized Nov 10, 2009

    The first long-term physical cobalt contract using a London Metal Exchange pricing formula has been finalized between Brazil’s Votorantim Metais Ltda. and LN Metals International Ltd.

  • Thompson Creek to up moly output Nov 10, 2009

    Molybdenum producer Thompson Creek Metals Co. Inc. has increased its production projections for 2010, citing increased optimism from its customer base.

  • Asarco must pay USW pensions Nov 10, 2009

    Asarco LLC must pay pension benefits to 19 retired workers retroactive to June 30, 2001, according to an arbitrator’s ruling.

  • Doe Run Peru to resume La Oroya output Nov 10, 2009

    Doe Run Peru SRL is likely to restart operations at its La Oroya smelter by the end of January, with talks to pay debts and secure contracts with ore suppliers underway, according to a union leader.

  • Emal to produce first metal in December Nov 10, 2009

    Emirates Aluminium (Emal), the world’s largest single-site aluminum smelter in Abu Dhabi, will begin production next month, a company executive told reporters. “It is virtually finished. In the next month, the first hot metal will be produced,” said Waleed Al Muhairi, chief operating officer of Emal joint-venture partner Mubadala Development Co., according to a Reuters report.

  • Aluminum orders index rises in October Nov 10, 2009

    Aluminum mill product orders rose in October from the previous month. The index of net new orders, excluding can sheet, reached 78.84 last month, up 8.6 percent from September, according to data from the Aluminum Association.

  • Nickel premiums hit fresh 2-year high on Inco strike Nov 10, 2009

    U.S. spot nickel premiums have reached a fresh two-year high as the strike at Vale Inco Ltd.’s Sudbury, Ontario, operations continues to tighten the market, with higher-grade plating material under the most pressure.

  • US silicon prices poised for an uptick Nov 10, 2009

    U.S. spot silicon prices are set for an upward move, but just how quickly they climb will be dictated by the pace at which Globe Specialty Metals Inc. brings production online at its recommissioned Niagara Falls, N.Y., plant, market participants told AMM.

  • Globe, Timminco actions could affect silicon pricing Nov 10, 2009

    U.S. spot silicon prices are poised for an upward move, but just how quickly they climb will be dictated by the pace at which Globe Specialty Metals Inc. brings production online at its recommissioned Niagara Falls, N.Y., plant, market participants told AMM.

  • Emal to produce metal in December Nov 10, 2009

    Emirates Aluminium (Emal), the world’s largest single-site aluminum smelter, located in Abu Dhabi, will begin production next month, a company executive told reporters this week.

  • Asarco to pay 19 USW pensions Nov 10, 2009

    Asarco LLC must pay pension benefits to 19 retired steel workers, retroactive to June 30, 2001, according to an arbitrator ruling.

  • Zinc miner Breakwater mulls Langlois restart as Petroff takes helm Nov 09, 2009

    Zinc miner Breakwater Resources Ltd. has struck a wage deal with the union at its Myra Falls operation in British Columbia, and is mulling a restart of its Langlois Mine in Quebec as the new chief executive officer undertakes a strategic review.

  • Zinc miner Breakwater mulls Langlois restart as Petroff takes helm Nov 09, 2009

    Zinc miner Breakwater Resources Ltd. has struck a wage deal with the union at its Myra Falls operation in British Columbia, and is mulling a restart of its Langlois Mine in Quebec as the new chief executive officer undertakes a strategic review.

  • Timet demand view clouded; net slumps Nov 09, 2009

    Lower volumes and prices led Titanium Metals Corp. (Timet) to a 97.4-percent drop in third-quarter net income on sales that fell 38.6 percent.

  • Weak demand, cautious buying hit ferrosilicon tags Nov 09, 2009

    U.S. ferrosilicon prices have eased on weak demand and cautious forward buying.

  • Ormet lays off 60 workers at smelter on lower output Nov 09, 2009

    Ormet Corp. has laid off about 60 of the 100 workers it previously announced it would let go from its Hannibal, Ohio, smelter due to lower production rates at the facility.

  • OM Group earnings sink in 3d qtr. Nov 09, 2009

    OM Group Inc.’s net income fell approximately 80 percent in the third quarter amid falling prices for cobalt-containing products and lower sales volumes resulting from the economic downturn.

  • Canada’s top court to hear Alcan appeal in power case Nov 09, 2009

    Canada’s Supreme Court will hear an appeal by aluminum producer Rio Tinto Alcan over a multibillion-dollar power deal that is stalled because a native group said it wasn’t consulted in the planning.

  • General Moly looks to restart Mount Hope construction Nov 09, 2009

    General Moly Inc. is looking to restart construction at the Mount Hope molybdenum project in Nevada’s Eureka County in late 2010.

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