Nonferrous

  • Noranda union ratifies contract at N. Carolina mill Nov 21, 2012

    Unionized workers at Noranda Aluminum Holding Corp.’s Salisbury, N.C., rolling mill have ratified a new four-year labor contract, the company said.

  • Bond to leave Xstrata board after incentive plan rejected Nov 21, 2012

    Xstrata Plc chairman Sir John Bond will step down from his role after shareholders approved the proposed merger of Xstrata and Glencore International Plc but rejected a £144-million ($229-million) incentive plan to retain key Xstrata staff.

  • Aluminum extruders eye long-awaited spike Nov 21, 2012

    Aluminum producers and fabricators are gearing up for an expected spike in demand from building and construction end markets following the destruction caused by Hurricane Sandy, though the overall economy remains the biggest factor in the aluminum sector’s health.

  • General Moly gains latest permit Nov 21, 2012

    General Moly Inc. has received a reclamation permit for its Mount Hope molybdenum project from the Nevada Division of Environmental Protection, the company said Wednesday.

  • Jinchuan raises nickel capacity Nov 21, 2012

    Jinchuan Group Ltd.’s total annual nickel capacity will rise to 150,000 tonnes this year with the start-up of its extended smelting line, according to an industry source.

  • BHP offers rollover in first round of ‘13 copper concentrate talks Nov 20, 2012

    BHP Billiton Plc has offered a rollover in copper concentrate treatment and refining charges (TCs/RCs) in the first round of annual negotiations with smelters, sources with knowledge of the matter told AMM sister publication Metal Bulletin.

  • LME rule change impact seen minimal Nov 20, 2012

    Aluminum, lead and zinc market participants see only a minimal impact on supply and premiums if the London Metal Exchange adopts proposed changes to warehouse load-out rules, which are intended to alleviate queues for metal.

  • Billet premiums dip on weaker demand Nov 20, 2012

    Aluminum billet premiums widened this week due to weaker demand and excess supply. Billet premiums dipped to 11 to 13 cents per pound Tuesday from 12 to 13 cents per pound previously.

  • Aluminum premiums in Detroit stores rise Nov 20, 2012

    In-warehouse premiums for aluminum in London Metal Exchange warehouses in Detroit have ticked up, with market participants agreeing to pay more in order to secure metal as queues extend out to the beginning of 2014.

  • PCC asks European Commission to OK Timet deal Nov 20, 2012

    Precision Castparts Corp. (PCC) has sought approval from the European Commission in its attempt to acquire control of Titanium Metals Corp. (Timet).

  • Lead, zinc consumption up in US, down in Europe: ILZSG Nov 20, 2012

    Zinc and lead demand in the United States rose slightly during the first nine months of 2012 from 2011 levels, with global supply continuing to exceed demand, according to preliminary data from the International Lead and Zinc Study Group (ILZSG).

  • Appreciation of yuan could spur copper financing deals Nov 20, 2012

    The strengthening of the Chinese currency could lead to a near-term resurgence of copper imported under financing deals, market participants said.

  • M&K motions to drop Molycorp charges Nov 19, 2012

    M&K Chemical Engineering Consultants Inc. filed a motion to dismiss a lawsuit from Molycorp Minerals LLC last week, claiming that Molycorp broke the terms of its contract with M&K by withholding payment from the engineering company that was helping to develop Molycorp’s flagship production facility.

  • Alcoa halts T-bar output at ABI smelter Nov 19, 2012

    Alcoa Inc. has halted T-bar production at its 400,000-tonne-per-year Aluminerie de Bécancour Inc. (ABI) smelter in Quebec, according to a source familiar with the facility.

  • Tin premiums steady amid slow demand Nov 19, 2012

    Delivered premiums for Grade A tin remained unchanged over the past two weeks, as market players reported steady to subdued demand

  • Horsehead acquires Mitsui Zinc Powders Nov 19, 2012

    Horsehead Holding Corp. has acquired Mitsui Zinc Powders LLC, and will rename its new subsidiary Horsehead Zinc Powders LLC.

  • General Moly development of Mount Hope project OK’d Nov 19, 2012

    The U.S. Bureau of Land Management has issued a record of decision authorizing development of General Moly Inc.’s Mount Hope molybdenum project.

  • Ravenswood offer not negotiable: PSC Nov 19, 2012

    There is no room for negotiation on a proposed power agreement for Century Aluminum Co.’s idled Ravenswood, W.Va., smelter, the Public Service Commission (PSC) of West Virginia said.

  • Zinc plating company building $13M plant Nov 19, 2012

    Zinc electroplater Roy Metal Finishing Co. Inc. (RMF) is building a $13-million custom facility in Piedmont, S.C., as it seeks to increase its presence in the automotive and aerospace sectors.

  • Codelco, China ’13 copper premium may land at $100/T Nov 19, 2012

    The annual premium for copper sold in China by Corporación Nacional del Cobre de Chile (Codelco) could be set at $100 per tonne for 2013, down $10 from levels seen this year and twice the reduction European buyers received, according to market sources.

  • Xtreme Power eyes investors for Okla. lead battery plant Nov 19, 2012

    Xtreme Power Inc. has cut the majority of staff at its Grove, Okla., lead-acid battery manufacturing plant and is seeking investors for the facility as the company rethinks its approach to the energy storage market.

  • Ambatovy project is shipping nickel Nov 16, 2012

    Madagascar’s Ambatovy nickel-cobalt project shipped its first nickel at the beginning of November.

  • BHP hires Citi to investigate possible Temco sale Nov 16, 2012

    BHP Billiton Plc has chosen Citigroup Inc. to help it investigate the possibility of selling its Temco manganese alloys smelter in the Australian state of Tasmania, a source familiar with the situation said.

  • Baja Mining reports 3d-qtr. loss Nov 16, 2012

    Baja Mining Corp. has reported a $151.8-million loss in the third quarter, down from net income of $78.3 million in the same period last year, as it struggles to continue funding its flagship Boleo Mine, which has halted construction after a worker died at the facility Thursday.

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