Nonferrous RSS

  • Key player in copper theft scheme given prison term Jun 03, 2014

    A man who was said to have played a key role in the theft of nearly $10 million worth of copper from Asarco LLC since 2006 has been sentenced to two and a half years in prison, Arizona Assistant Attorney General Mike Jette told AMM.

  • Southwire shifting from construction: Thorn Jun 03, 2014

    The housing bust of 2009 continues to squeeze the construction industry, and Southwire Co. has continued to diversify away from this segment of the market, according to its top executive.

  • KWG rail pitch aims to end Ring of Fire gridlock Jun 03, 2014

    KWG Resources Inc. is proposing a bill to the Ontario government that would help facilitate the development of the Ring of Fire by using existing rail freight infrastructure.

  • Avanti, Nisga’a Nation sign Kitsault mine deal Jun 03, 2014

    Avanti Mining Inc. has signed an agreement with the Nisga’a Nation covering the Kitsault molybdenum mine project in northwestern British Columbia.

  • CMI shuts moly mine; minimal impact seen Jun 03, 2014

    Chevron Mining Inc. (CMI) has shut down its Questa molybdenum mine in New Mexico due to "projected ongoing financial losses," although market sources believe the closure will have little impact on the domestic market.

  • RTI boosts powder materials capacity with Dynamet buy Jun 03, 2014

    RTI International Metals Inc. has acquired titanium and titanium-alloy components producer Dynamet Technology Inc. for $15.5 million in cash to help boost its powder materials capabilities.

  • Copper activity poised to rise: USGS Jun 02, 2014

    Future copper market activity appears to be on course to increase, according to data from the U.S. Geological Survey (USGS).

  • No conflict minerals violations: steelmakers Jun 02, 2014

    Following reviews of their products and suppliers, three U.S. steelmakers said they have no reason to believe they sourced conflict minerals from countries covered under the Dodd-Frank Wall Street Reform and Consumer Protection Act.

  • EPA’s new rules could hurt steelmakers Jun 02, 2014

    New U.S. regulations aimed at curbing pollution from power plants could drive up metals prices and the cost of goods made from metals, according to industry analysts and trade associations.

  • Olin Brass hikes metals extras Jun 02, 2014

    GBC Metals LLC, which operates as Olin Brass, will increase its aggregated metals surcharge effective with July 1 shipments, it said June 2.

  • RNC to acquire stake in True North Nickel Jun 02, 2014

    Royal Nickel Corp. (RNC) has signed a nonbinding letter of intent to acquire a 56-percent stake in True North Nickel Inc.

  • Market mixed on anticipated zinc deficit May 30, 2014

    An expected zinc deficit wll likely boost prices to new highs this year, which could push consumers away from zinc applications, some analysts said.

  • Silicomanganese market monitors Felman May 30, 2014

    The silicomanganese market is awaiting the outcome of Felman Production LLC’s attempt to restart production as well as a high-volume request for quotation (RFQ).

  • KGHM delays Afton-Ajax output to 2018 May 30, 2014

    Production from KGHM International Ltd.’s Afton-Ajax copper project in British Columbia will be delayed by about three years due to site plan changes.

  • Atlantic continues work on Windimurra plant May 30, 2014

    Atlantic Ltd. is continuing work on its fire-damaged Windimurra vanadium facility in Western Australia.

  • Fire hits Olin Brass casting facility May 30, 2014

    Olin Brass Corp. suffered a fire at its East Alton, Ill., casting facility May 29, a company spokesman told AMM.

  • Japanese target US auto aluminum sheet mart May 29, 2014

    The Japanese auto industry is looking to capture market share in the U.S. automotive aluminum sector, highlighting the possibility of a major shift to aluminum for Japanese-brand mass-market vehicles, Wise Metals Group LLC’s top executive told AMM.

  • Aluminum slug facility in Tenn. to close May 29, 2014

    Aluminum slug producer ElementAl Holdings LLC will cease operations at its Jackson, Tenn., facility due to a difficult market environment.

  • Alcoa aims to capture aerospace demand May 29, 2014

    Alcoa Inc. has broken ground on a $100-million aerospace expansion in La Porte, Ind., where it will produce nickel-based superalloy parts for jet engines.

  • Aston Bay talking with miner on copper, zinc joint venture May 28, 2014

    Aston Bay Holdings Ltd. has entered into an exclusivity agreement with a major mining company with a view to forming a joint venture for its Storm copper project and Seal zinc project in Nunavut.

  • US offers loan to fund Alcoa auto expansion in Tennessee May 28, 2014

    The U.S. Energy Department is offering to provide a loan to Alcoa Inc. for the company’s automotive sheet expansion project in Alcoa, Tenn.

  • Anti-dumping duties on Russian silicon metal to continue May 28, 2014

    Anti-dumping duties on silicon metal from Russia will remain in place after the U.S. International Trade Commission (ITC) ruled May 28 that revoking the duty order would likely lead to a continuation or recurrence of material injury to the domestic industry.

  • Felman can’t reach deal on power rate May 28, 2014

    Felman Production LLC and Appalachian Power Co. Inc. (APCo) have not reached a deal on a new electricity rate due to a disagreement over how the silicomanganese producer’s discount should be calculated.

  • HudBay extends offer for Augusta shares May 28, 2014

    HudBay Minerals Inc. has extended its offer to acquire Augusta Resource Corp.’s shares until June 9.

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