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Brazilian ferroalloys producer Cia. de Ferro Ligas da Bahia (Ferbasa) saw revenue fall 24.5 percent year on year in March amid declining ferrochrome and ferrosilicon sales.
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Prices for 0.10-percent-carbon ferrochrome have dropped to a price range comparable to that of 0.15-percent-carbon ferrochrome, with some market participants again citing the impact of DLA Strategic Materials sales.
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The Democratic Republic of the Congo (DRC) has banned the export of all unrefined copper and cobalt concentrates in a renewed push to support local value-added operations.
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Domestic copper consumers that can use high-grade scrap are "scrambling" to find out about its availability in the wake of an outage at Kennecott Utah Copper’s Bingham Canyon Mine.
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RTI International Metals Inc. has completed its public offering of $350 million in convertible senior notes while retiring $115.6 million in outstanding securities that carried a higher interest rate.
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Brazil’s refined copper cathode exports jumped 342.6 percent year on year in March to 5,507 tonnes due to a large purchase from China, according to the country’s trade ministry.
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A decline in the price of the London Metal Exchange’s cash North American special aluminum alloy contract (Nasaac) has prompted some domestic alloy producers and die casters to once again re-evaluate the legitimacy of the contract, sources said.
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First Nickel Inc. (FNI) has achieved its full, targeted annualized production rate of 10 million pounds of payable nickel at its Lockerby, Ontario, mine.
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Midwest spot aluminum premiums have dipped over the past week amid concerns about the global economy, the state of the commodity markets and the possibility of a decline in P1020 demand.
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Atlantic Ltd. plans to become "more active" in the North American vanadium market this year as the company ramps up its Windimurra Mine in Western Australia, according to a domestic sales agent.
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Vale SA saw first-quarter nickel production rise 3 percent year over year to 65,000 tonnes thanks to “improved operational reliability” at the company’s Canadian operations, it said.
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Freeport-McMoRan Copper & Gold Inc. expects its North American copper sales will increase 7 percent this year, primarily due to higher production at its Morenci Mine in Arizona and its Chino Mine in New Mexico.
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In-warehouse premiums for copper at London Metal Exchange-approved warehouses have skyrocketed after an April 10 wall slide at Kennecott Utah Copper Corp.’s Bingham Canyon Mine forced the company to declare force majeure.
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Amerigo Resources Ltd. subsidiary Minera Valle Central SA (MVC) saw first-quarter copper output fall 7.5 percent at its operations in Chile.
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Weeks before Andrew Mackenzie takes over as chief executive officer of global miner BHP Billiton Plc, the company has announced a major senior management reshuffle that brings operations closer to the top office.
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Southwire Co. hopes Century Aluminum Co. and power supplier Big Rivers Electric Corp. can reach a power deal that would keep Century’s smelter in Hawesville, Ky., open and operational, but the company is preparing "to move forward with business regardless of the outcome," a company spokesman said.
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The force majeure at Kennecott Utah Copper’s Bingham Canyon Mine in Utah, scrap tightness and issues with warehouse financing have put upward pressure on copper cathode premiums.
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North American Nickel Inc. hopes to raise Canadian $7.5 million ($7.3 million) with a non-brokered private placement of more than 44 million common shares.
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An all-aluminum vehicle could help trim weight by 40 percent while boosting fuel economy by 18 percent, according to a study commissioned by the Aluminum Association.
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BHP Billiton Plc’s quarterly copper and aluminum production increased from the first three months of last year, with output at the company’s Escondida copper mine in Chile rising dramatically.
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Doe Run Peru’s board of creditors has voted to restructure its La Oroya metallurgical complex and Cobriza Mine rather than sell the company’s assets in an ongoing liquidation, AMM sister publication Metal Bulletin has learned.
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Kennecott Utah Copper has not declared force majeure for its molybdenum mining and processing operations, with the company working through inventories and expecting to resume mining within 10 days.
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Century Aluminum Co. plans to idle its Hawesville, Ky., smelter on Aug. 20 and could terminate its supply contract with its largest customer, Southwire Co., unless it can secure a better power deal, the company said April 16.
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Century Aluminum Co. has issued notice to its workers and largest customer of its plans to close its Hawesville, Ky., smelter in August.