Nonferrous

  • China a net moly importer in future Thompson Creek Nov 22, 2010

    China will be a net molybdenum importer in the long run, with exports to the United States unlikley to make a significant impact, Mark Wilson, Thompson Creek Inc.’s vice president of sales and marketing, told investors in New York.

  • Noranda stock offering seen complete by mid-December Nov 22, 2010

    Noranda Aluminum Holding Corp. expects to complete its secondary stock sale by mid-December, provided it gets the go-ahead from the U.S. Securities and Exchange Commission, according to Robert Mahoney, Noranda’s chief financial officer.

  • Noranda eyes completion of secondary stock offering by mid-December Nov 22, 2010

    Noranda Aluminum Holding Corp. expects to complete its secondary stock sale by mid-December, provided it gets the go-ahead from the U.S. Securities and Exchange Commission, according to Robert Mahoney, Noranda’s chief financial officer.

  • China a net moly importer in future Thompson Creek Nov 22, 2010

    China will be a net molybdenum importer in the long run, with exports to the United States unlikley to make a significant impact, Mark Wilson, Thompson Creek Inc.’s vice president of sales and marketing, told investors in New York.

  • Commerce issues final copper tube duties vs. China, Mexico Nov 22, 2010

    The U.S. Commerce Department has issued final anti-dumping duties on seamless refined copper pipe and tube from China and Mexico, ending an investigation that began in September 2009.

  • USW calls Vale investments ‘cynical’ Nov 19, 2010

    The United Steelworkers union has dismissed as “cynical” Vale SA’ announcement that it will invest $10 billion in Canada over the next five years.

  • DLA’s ferrochrome exit seen opening US door Nov 19, 2010

    A moratorium on sales from DLA Strategic Materials has tightened ferrochrome supply and boosted U.S. prices, creating an opportunity for importers, market participants told AMM.

  • Thompson Creek aims to start copper mine by 2013 Nov 19, 2010

    Thompson Creek Metals Co. Inc. will develop its recently acquired Mount Milligan copper and gold project in British Columbia at an estimated cost of $900 million, with production expected to start in the third quarter of 2013, vice president of sales and marketing Mark Wilson said.

  • Ospraie’s Anderson sees platinum deficit Nov 19, 2010

    The platinum market may be in a deficit within two years as production peaked some four years ago and demand is only set to grow, Ospraie Management LLC managing partner Dwight Anderson said Thursday.

  • USW calls Vale investments ‘cynical’ Nov 19, 2010

    The United Steelworkers union has dismissed as “cynical” Vale AS’ announcement that it will invest $10 billion in Canada over the next five years.

  • Wise Metals looks to expand after recapitalization Nov 19, 2010

    Wise Metals Group LLC has completed a recapitalization of the company that includes a revolving credit line and other long-term financing and is aimed at expanding operations.

  • Cathode premiums seen pushing copper rod higher Nov 19, 2010

    U.S. copper rod premiums are expected to follow copper cathode premiums higher in 2011, market participants told AMM.

  • Ferroalloys treading water as demand tsunami looms Nov 19, 2010

    Massive forecast deficits across the steelmaking raw materials markets over the long term were the overriding theme at Metal Bulletin’s 26th Ferroalloys Conference in Berlin this week. But significant uncertainty remains over the shorter term, with steelmakers still confining much of their purchasing to nearby deliveries.

  • Crowflight plans study to restart nickel mine Nov 19, 2010

    Crowflight Minerals Inc. will carry out a feasibility study to establish a new mining plan after suspending its loss-making Bucko Lake nickel mine in Manitoba’s Thompson nickel belt at the start of October.

  • Alcoa to hire another 101 workers at Davenport plant Nov 19, 2010

    Alcoa Inc. will hire 101 new production workers at its Davenport (Iowa) Works amid expectations of higher volumes in 2011.

  • US awaits Codelco cathode premium Nov 19, 2010

    Corporacion Nacional de Cobre de Chile (Codelco) could set its U.S. copper premium for 2011 by Monday amid expectations that the news will prompt consumers to sign 2011 contracts.

  • Copper rod premiums boosted by cathode Nov 19, 2010

    U.S. copper rod premiums are expected to follow copper cathode premiums higher in 2011, market participants told AMM.

  • Alcoa hires another 101 at Davenport Nov 19, 2010

    Alcoa Inc. will hire 101 new production workers at its Davenport (Iowa) Works facility amid expectations of higher volumes in 2011.

  • Thompson Creek aims to launch copper project in 2013 Nov 19, 2010

    Thompson Creek Metals Co. Inc. will develop its recently acquired Mount Milligan copper and gold project in British Columbia at an estimated cost of $900 million, with production expected to start in the third quarter of 2013, vice president of sales and marketing Mark Wilson said.

  • Crowflight plans study to restart nickel mine Nov 19, 2010

    Crowflight Minerals Inc. will carry out a feasibility study to establish a new mining plan after suspending its loss-making Bucko Lake nickel mine in Manitoba’s Thompson nickel belt at the start of October.

  • US copper cathode buyers await imminent Codelco premium Nov 19, 2010

    Corporacion Nacional de Cobre de Chile (Codelco) could set its U.S. copper premium for 2011 as early as Friday afternoon amid expectations that the news will prompt consumers to sign 2011 contracts.

  • Eti Krom sees US ferrochrome opportunity after DLA exit Nov 18, 2010

    A moratorium on sales from DLA Strategic Materials has tightened ferrochrome supply and boosted U.S. prices, creating an opportunity for importers, market participants told AMM.

  • Ospraie’s Anderson sees platinum deficit by 2012 Nov 18, 2010

    The platinum market may be in a deficit within two years as production peaked some four years ago and demand is only set to grow, Ospraie Management LLC managing partner Dwight Anderson said Thursday.

  • Metallurg builds storage facility Nov 18, 2010

    Metallurg Vanadium Corp. has built a $6-million, 43,000-square-foot storage facility at its manufacturing plant in Cambridge, Ohio, to increase vanadium production, the company said in a statement.

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