Nonferrous RSS

  • Asarco, USW labor contract talks on hold Aug 08, 2014

    Contract negotiations between Asarco LLC and the United Steelworkers union have been put on hold until after the USW’s annual convention in Las Vegas, the union said.

  • Evraz Stratcor assumes sales of vanadium for N. America Aug 08, 2014

    Evraz Stratcor Inc. has assumed responsibility for vanadium and ferrovanadium sales in North America from Evraz East Metals North America LLC.

  • Higher sales boost Capstone Mining profits Aug 08, 2014

    Capstone Mining Corp.’s earnings jumped in the second quarter thanks to higher sales from its Pinto Valley project in Arizona and consistent sales from its Cozamin Mine in Mexico’s Zacatecas state and the Minto Mine in Yukon.

  • Noranda power rate ruling delayed Aug 08, 2014

    The Missouri Public Service Commission has delayed its decision in Noranda Aluminum Holding Corp.’s request for a lower electric rate from power provider Ameren Missouri.

  • Mercator mulls options in wake of failed deal Aug 08, 2014

    Copper and molybdenum miner Mercator Minerals Ltd. is considering its strategic options after its deal to merge with Russia’s Intergeo MMC Ltd. fell through due to a delay in receiving approval from the Russian Federal Anti-Monopoly Services.

  • Silicomanganese tender offers emerge Aug 08, 2014

    Long-term contract tenders for bulk ferroalloys have begun to emerge, but domestic spot trading activity remains quiet.

  • WTO sides with US in export restriction dispute Aug 08, 2014

    The World Trade Organization (WTO) Appellate Body has sided with the United States against Chinese export restrictions on molybdenum, rare earths and tungsten.

  • Novelis’ earnings get boost in qtr. Aug 08, 2014

    Novelis Inc.’s earnings soared in its fiscal first quarter, driven by improved plant productivity, increased year-on-year demand trends and strong winter results in South America.

  • Comex drop drives copper scrap market pause Aug 08, 2014

    Spreads on some grades of copper scrap widened this week despite a nearly 8-cent-per-pound drop in terminal market prices, market sources told AMM.

  • Automotive ramp-up comes with risks: Novelis Aug 08, 2014

    As demand for automotive aluminum continues to climb, issues tied to supply chain management, capacity restrictions and preparation for future conversions to aluminum will continue to present major challenges, according to Novelis Inc.’s top executive.

  • Novelis raises auto, specialty sheet prices Aug 07, 2014

    Novelis Inc. has raised prices on its North American automotive and specialty aluminum sheet products for all new orders effective immediately.

  • Global Brass & Copper logs $9M profit Aug 07, 2014

    Global Brass & Copper Holdings Inc. posted net income of $9 million in the second quarter in contrast to a $17.1-million net loss in the same period last year despite a drop in sales volumes across all three of its segments.

  • RTI to ink new engine supply pact: Hickton Aug 06, 2014

    RTI International Metals Inc. is nearing a deal with another major aircraft engine customer as it continues to strengthen business in this market sector, its top executive said.

  • Thompson Creek swings to profit in qtr. Aug 06, 2014

    Copper and molybdenum miner Thompson Creek Metals Co. Inc. posted net income of $61.6 million in the second quarter in contrast to a $19.2-million loss in the same period last year on sales that more than doubled to $248.4 million as production ramped up at its Mount Milligan Mine in British Columbia.

  • Glencore seeks exclusion from lawsuit Aug 06, 2014

    Glencore Plc has asked a federal judge to dismiss antitrust litigation alleging that the company conspired with several major banks and the London Metal Exchange to artificially inflate aluminum prices.

  • Mooresboro startup drives Horsehead loss Aug 06, 2014

    Zinc producer Horsehead Holding Corp. posted a bigger loss in the second quarter due to one-time costs associated with the opening and ramp-up of its zinc facility in Mooresboro, N.C.

  • Higher prices, sales boost moly earnings in quarter Aug 06, 2014

    Thompson Creek Metals Co. Inc.’s second-quarter molybdenum revenue received a boost from higher prices, with the company now considering a plan that would continue operations at its flagship mine beyond the end of the year.

  • Apollo’s earnings soar in 2d qtr. Aug 06, 2014

    Apollo Global Management LLC’s net income surged in the second quarter.

  • AMG sees ferrovanadium volumes rise in 2d qtr. Aug 06, 2014

    AMG Advanced Metallurgical Group NV saw ferrovanadium volumes more than double in the second quarter, although revenue in the company’s processing division remained largely flat.

  • Aleris appoints procurement exec Aug 06, 2014

    Aleris Corp. has named Travis Debes vice president of metals and nonmetals procurement, North America.

  • Orbite Aluminae starts construction Aug 06, 2014

    Orbite Aluminae Inc. has begun construction at its high-purity alumina production facility in Cap-Chat, Quebec.

  • Doe Run Peru appeal fails, to pay $163M Aug 06, 2014

    Bankrupt mining company Doe Run Peru must pay $163 million for failing to take proper environmental cleanup measures at its lead and copper smelter, and zinc refinery at its La Oroya complex in central Peru.

  • Aluminum extruders balk at duty request Aug 05, 2014

    U.S. aluminum extruders have formally objected to a duty exclusion request on 5050 aluminum extrusion products filed by a California importer of aluminum extrusions.

  • Lead battery price outlook dims Aug 05, 2014

    Lead battery demand is expected to be weaker than expected this fall, as intense summer heat—which usually puts stress on automotive batteries—has failed to materialize.

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