• Output cuts driving aluminum price rise: analyst Aug 18, 2014

    Global production curtailments are driving a recent spike in domestic and international aluminum prices, according to Morgan Stanley Research analyst Adam Longson.

  • Oracle sues JW Aluminum for $656,800 Aug 18, 2014

    Oracle Flexible Packaging Inc. (OFP) is suing JW Aluminum Co. for $656,820 for allegedly failing to pay for delivered aluminum.

  • Red Kite trading head Barry Feldman dies Aug 18, 2014

    Barry Feldman, global head of physical trading at Red Kite Group, died Aug. 15 after a battle with pancreatic cancer. He was 67.

  • Copper premiums could feel pressure Aug 16, 2014

    Copper premiums remain steady at 6 to 6.5 cents per pound, but market participants believe downward pressure is imminent as consumers pause to see where Comex prices will land.

  • Ferrovanadium prices hold steady Aug 15, 2014

    Ferrovanadium producers are continuing to wait for an improvement in domestic spot pricing, with some choosing to focus on a European market that has seen prices strengthen in recent weeks.

  • Imperial Metals halts output at Mount Polley Aug 15, 2014

    Imperial Metals Corp. has indefinitely halted production at its Mount Polley open-pit copper and gold mine in British Columbia due to a tailings dam breach, according to the company’s second-quarter financial report.

  • Port of Oswego aluminum shipments to rise Aug 15, 2014

    Shipments of aluminum products through the St. Lawrence Seaway to the Port of Oswego in New York are expected to increase by 30 percent this year, according to the Chamber of Marine Commerce.

  • Glencore logs drop in zinc, nickel output Aug 15, 2014

    Glencore Plc’s production from its nickel and zinc assets declined in the first half of the year due to several mine closures, although output rose at North American assets still in operation, the company said Aug. 13.

  • Midwest aluminum premiums trend upward Aug 15, 2014

    Midwest aluminum premiums ticked higher this week, with market participants saying that elevated premiums in Brazil and Japan, coupled with continued issues related to higher domestic freight charges, had prompted sellers to test the upper limits of the market.

  • Patent row may impact copper, brass mills Aug 15, 2014

    Copper and brass mills and ingot makers who have been granted a license for the Eco Brass copper alloy could be adversely impacted by a patent dispute between Conbraco Industries Inc. and Mitsubishi Shindoh Co. Ltd.

  • Grupo México ordered to fund spill cleanup Aug 14, 2014

    Mexico’s Federal Attorney for Environmental Protection (Profepa) has ordered Buenavista del Cobre SA de CV to pay for remediation of a mine tailings spill from the company’s Buenavista Mine project into the country’s Sonora River.

  • Explosion, fire at Noranda’s Mo. smelter Aug 14, 2014

    A transformer exploded at Noranda Aluminum Holding Corp.’s smelting facility in New Madrid, Mo.

  • Victory Nickel focuses on Minago project Aug 14, 2014

    Victory Nickel Inc. will "continue to work on optimizing" its Minago nickel project in Manitoba "in preparation for a strengthening nickel market," the company said Aug. 14 in its second-quarter financial report.

  • KWG to appeal Ring of Fire ruling Aug 14, 2014

    KWG Resources Inc. will appeal a decision allowing Cliffs Natural Resources Inc. to dispense with the consent of KWG subsidiary Canada Chrome Corp. (CCC) in building a road that would cross CCC mining claims in northern Ontario’s Ring of Fire region.

  • North America aluminum orders up in July Aug 13, 2014

    North American aluminum orders rose sharply in July as demand for auto body sheet enters the first stage of what some analysts are calling an explosive growth cycle, driven primarily by increased usage of lightweight aluminum alloys by major automakers.

  • Ferrochrome usage rises in May vs. April Aug 13, 2014

    U.S. high-carbon and low-carbon ferrochrome consumption trended up in May compared with April, with year-to-date consumption also showing further improvement from a year earlier, U.S. Geological Survey (USGS) data show.

  • Redhawk, Anglo to develop Copper Creek Aug 13, 2014

    Redhawk Resources Inc. has signed a joint-venture agreement with Anglo American Plc to develop its Copper Creek project in San Manuel, Ariz.

  • Brass mill imports, exports rise in June Aug 13, 2014

    U.S. imports and exports of brass mill products increased in June compared with the same month last year, according to Copper and Brass Fabricators Council data.

  • Distributor’s brass, copper shipments climb Aug 13, 2014

    Copper and brass shipments by service centers increased to 21.69 million pounds in June, up 6.1 percent from the same month last year, according to Copper and Brass Servicenter Association (CBSA) data.

  • Ansonia to pay $400,000 in back taxes Aug 12, 2014

    Defunct copper and brass producer Ansonia Copper & Brass Inc. will account for $400,000 it owes in back taxes to the city of Ansonia, Conn., by paying for the demolition of its former manufacturing facility, legal counsel for the company told AMM.

  • DLA offers ferromanganese again Aug 12, 2014

    DLA Strategic Materials is again offering 5,419 short tons of high-carbon ferromanganese as part of its quarterly offering. Bids close the afternoon of Aug. 13.

  • First Nickel trims loss as sales, output improve Aug 12, 2014

    First Nickel Inc. (FNI) narrowed its net loss as sales strengthened in the second quarter due to increased ore and contained nickel production, as well as higher shipments.

  • Niagara to ‘repurpose’ Ormet assets Aug 12, 2014

    The new owner of the former Ormet Corp. smelting facility in Hannibal, Ohio, is looking to "repurpose" manufacturing equipment at the idle site.

  • Noranda’s loss narrows, but power rate problems persist Aug 12, 2014

    Noranda Aluminum Holding Corp.’s loss narrowed in the second quarter, although the company continues to be impacted by serious liquidity issues caused by its power contract.

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