-
The battle for Freewest Resources Canada Inc. is heating up as Noront Resources Ltd. raised its hostile takeover offer just a few days after Freewest approved a rival bid from Cleveland-based iron ore and coal miner Cliffs Natural Resources Inc.
-
Global Brass & Copper Inc. (GBC), which sells metal products under the Olin Brass brand name, has announced a 6-percent price increase on all copper alloys effective with orders Jan. 4, 2010.
-
Rio Tinto Alcan, Montreal, has raised its December aluminum remelt ingot price to 97 cents per pound and its billet price to $1.09 per pound.
-
Abu Dhabi’s Emirates Aluminium (Emal) expects to become a key supplier to the U.S. market within the next five years, an executive at the world’s largest single-site smelter told AMM.
-
Rio Tinto Alcan, Montreal, has raised its December aluminum remelt ingot price to 97 cents per pound and its billet price to $1.09 per pound. Both prices are up 3 cents from November. The increases reflect a tightening spot market across North America, where aluminum premiums are at a three-year high.
-
Abu Dhabi’s Emirates Aluminium (Emal) expects to become a key supplier to the U.S. market within the next five years, an executive at the world’s largest single-site smelter told AMM.
-
Chinese smelters have suspended annual talks on copper treatment and refining charges (TC/RCs) with overseas suppliers after being offered fees below production costs, sources said.
-
Alcoa Inc.’s Kevin Kramer has been elected to the Aluminum Association’s board of directors. Kramer, president of growth initiatives at Alcoa, also will serve on the board’s executive committee, the Arlington, Va.-based association said Monday.
-
Battery maker Saft Groupe SA has raised almost €120 million ($179.9 million) to help finance two lithium-ion projects in the United States.
-
Higher lead prices, lackluster demand from automakers and changing consumer behavior are a recipe for a tough auto battery market, but Exide Technologies is quietly staging a steady turnaround.
-
Higher lead prices, lackluster demand from automakers and changing consumer behavior are a recipe for a tough auto battery market, but Exide Technologies is quietly staging a steady turnaround.
-
Kevin Kramer, president of growth initiatives at Alcoa Inc., has been elected to the Aluminum Association’s board of directors.
-
First Quantum Minerals Ltd. will build a concentrator at the Kalumbila copper deposit in northwest Zambia if its $260-million acquisition of Kiwara Plc, which owns the prospecting licence for the project, goes ahead.
-
Brazil produced 128,900 tonnes of primary aluminum last month, a 9-percent drop from 141,600 tonnes in October last year and the lowest monthly tonnage thus far this year.
-
Aluminum product shipments fell in October compared with a year earlier, according to the Aluminum Association.
-
European Union competition regulators have extended until Dec. 14 the review period for Amcor Ltd.’s offer to acquire certain portions of the Alcan Packaging business after the two companies submitted proposed changes.
-
Specialty metals miner EMC Metals Corp. plans to buy The Technology Store Inc. (TTS) with the goal of improving recoveries in the extraction of tungsten, boron, lithium, scandium, titanium and nickel.
-
The criminal trial of Western Titanium Inc. won’t start before 2010.
-
Specialty metals miner EMC Metals Corp. plans to buy The Technology Store Inc. (TTS) with the goal of improving recoveries in the extraction of tungsten, boron, lithium, scandium, titanium and nickel.
-
European Union competition regulators have extended until Dec. 14 the review period for Amcor Ltd.’s offer to acquire certain portions of the Alcan Packaging business after the two companies submitted proposed changes.
-
The criminal trial of Western Titanium Inc. won’t start before 2010.
-
U.S. manganese prices have firmed slightly this week despite business slowing down for the holiday-shortened week, market participants told AMM.
-
U.S. manganese prices have firmed slightly this week despite business slowing down for the holiday-shortened week, market participants told AMM.
-
Skyrocketing physical aluminum premiums in Europe and Asia have prompted North American producers and traders to ship additional material overseas, according to market participants.