• Norilsk’s 2014 strategy won’t hurt long-term output: exec Oct 07, 2013

    MMC Norilsk Nickel does not expect its revised resource strategy, which emphasizes the company’s Russian operations at the expense of international assets, will affect its nickel output "in the long run," chief operating officer Sergey Dyachenko told AMM during an Oct. 7 investors meeting in New York.

  • Impossible please all on warehousing: HKEx Oct 07, 2013

    It will be impossible to please everyone when it comes to handling warehousing issues, Hong Kong Exchanges & Clearing Ltd. (HKEx) chief executive officer Charles Li said Oct. 7 during the London Metal Exchange Metals Seminar.

  • Copper concs output to grow through 2017: Codelco Oct 07, 2013

    Chilean copper producer Corporación Nacional del Cobre de Chile (Codelco) expects global copper concentrate production to increase 6 percent from 2013 to 2017, with smelting capacity expected to rise 16 percent in the same period, Rodrigo Toro, the company’s senior vice president of sales, said.

  • Codelco sets ‘14 European cathode premium Oct 07, 2013

    Chilean copper producer Corporación Nacional del Cobre de Chile (Codelco) will offer its European customers a premium of $112 per tonne for copper cathode to be supplied in 2014, sources told AMM sister publication Metal Bulletin.

  • LME's Jones equipped to handle change Oct 07, 2013

    The London Metal Exchange is in a period of change, which new chief executive officer Garry Jones said he is equipped to deal with because of his credentials, his willingness to consult with the entire supply chain and his crisis management skills.

  • USW awaits layoffs as Ormet shutdown nears Oct 07, 2013

    All potlines at bankrupt aluminum producer Ormet Corp.’s smelter in Hannibal, Ohio, will be shut down by Oct. 11 at the latest, according to a United Steelworkers union official.

  • Alba sales rise 4.2% in 3d quarter Oct 07, 2013

    Aluminium Bahrain BSC (Alba) saw sales rise in the third quarter after disappointing results in the first half of the year on low prices.

  • Doe Run prepares for smelter closure Oct 07, 2013

    Lead producer Doe Run Co. is in the process of allocating its concentrates production into a variety of global markets as the company moves out of the primary smelting business, a company executive said.

  • Project to develop low-cost titanium wins DOE funding Oct 07, 2013

    The U.S. Department of Energy (DOE) has picked Case Western Reserve University to help develop a low-cost method of producing titanium.

  • Ormet halts output at Hannibal smelter Oct 04, 2013

    Aluminum producer Ormet Corp. said it cannot emerge from bankruptcy after failing to secure a more favorable power rate from Ohio regulators, and is shutting down operations at its Hannibal, Ohio, smelter, which will impact more than 600 workers, it said Oct. 4.

  • MMTA rejects membership requests from CWT, Pacorini Oct 04, 2013

    The Minor Metals Trade Association (MMTA) has turned down membership applications from warehousing companies CWT Commodities Pte Ltd. and Pacorini Metals BV on the grounds that they are part of groups that include trading companies.

  • LME lists Panama City for copper Oct 04, 2013

    The London Metal Exchange has approved Panama City, Fla., as a valid delivery point for grade A copper cathode.

  • Norilsk’s 2014 strategy will focus on Taimyr Peninsula Oct 04, 2013

    MMC Norilsk Nickel said its new resource strategy will focus on Tier 1 assets in the Taimyr Peninsula, as well as on improved capital expenditure discipline and return on investments.

  • Aluminum deox prices sink Oct 04, 2013

    Prices for deoxidized aluminum, or deox, have fallen sharply, with participants saying that a few sellers are consistently undercutting the entire market.

  • Copper handrails for Chilean trains Oct 04, 2013

    Chilean copper producer Corporación Nacional del Cobre de Chile (Codelco) and French train manufacturer Alstom SA will partner to install copper handrails in Chilean trains, according to Codelco.

  • Copper scrap discounts slip as supply tightens Oct 04, 2013

    No. 1 copper scrap supply has tightened recently, more so than the oft-sparse bare bright, copper scrap market participants said.

  • Largo’s vanadium project on track despite obstacles Oct 04, 2013

    Largo Resources Ltd. said its Maracás vanadium project in Brazil is on track for commissioning in the first quarter of 2014.

  • Northcliff Resources obtains financing for Sisson project Oct 04, 2013

    Northcliff Resources Ltd. has secured up to Canadian $39 million ($37.8 million) in funding for its Sisson tungsten-molybdenum project in central New Brunswick from Todd Minerals Ltd.

  • Silicomanganese inches up as contract season nears Oct 04, 2013

    Silicomanganese prices have moved up, with traders pushing higher numbers in anticipation of 2014 contract negotiations.

  • Ferrochrome price spread widens on supply concern Oct 04, 2013

    The price spread for high-carbon ferrochrome has widened as some traders said supply concerns have pushed some transactions higher while other sources reported sales below $1 per pound.

  • Ferrosilicon prices move up; large deals elusive Oct 04, 2013

    Ferrosilicon spot prices have ticked up again after stalling through much of September, although large-volume purchases at higher numbers remain elusive.

  • Rio Tinto Alcan seeks competitive power prices Oct 04, 2013

    Rio Tinto Alcan Inc. wants the province of Quebec to provide cheaper energy to its manufacturing sector, including the aluminum industry.

  • First Nickel names finance chief Oct 04, 2013

    First Nickel Inc. has appointed Alfred Colas vice president and chief financial officer.

  • Glencore Xstrata shuts Falcondo nickel mine Oct 03, 2013

    Glencore Xstrata Plc has temporarily shut its Falcondo nickel mine in the Dominican Republic, citing "adverse market conditions."

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