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Offers for special-high-grade (SHG) zinc in New Orleans have risen considerably in recent weeks, according to market participants.
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The Chamber of Mines of Zimbabwe (CoM), a private industry group, is set to reject the government’s proposal to auction off mineral deposits and control the production of strategic commodities, AMM sister publication Metal Bulletin has learned.
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Novelis Inc. is adapting its plant in Goettingen, Germany, to meet growing demand for recyclable aluminum automotive sheet.
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Silicomanganese market participants say Felman Production LLC’s decision to idle one of its furnaces could tighten up supply enough for prices to increase, with all eyes focusing on the outcome of a reported tender from steelmaker Nucor Corp.
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Kennecott Utah Copper said it has laid off about 100 workers as the company looks to reduce operating costs following an April 10 wall slide at its Bingham Canyon Mine.
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Ferrochrome prices remained steady this past week, but with an uncertain demand outlook traders are divided on whether the market is poised for price increases or further drops.
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Kennecott Utah Copper is not likely to declare force majeure for molybdenum, having managed to cover its contract commitments through ongoing mine production and purchased concentrates.
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Bonnell Aluminum Inc.’s cost-cutting measures during the recession should benefit the extruder as the economy recovers and opportunities in the automotive sector rev up, says incoming president W. Brook Hamilton.
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The Canadian International Trade Tribunal (CITT) has initiated a preliminary anti-dumping duty investigation on imports of circular copper tube (outer diameter of 0.2 to 4.25 inches), excluding industrial and coated or insulated copper tube, from Brazil, China, Greece, Mexico and South Korea, as well as a countervailing duty investigation on the same product from China.
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Mexican mining company Grupo México SAB de CV plans to increase its copper production nearly 70 percent to 1.4 million tonnes annually over the next five years, according to a senior executive.
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Net sales at Brazilian ferroalloys producer Cia. de Ferro Ligas da Bahia (Ferbasa) fell 11.2 percent year on year in April after it shipped lower tonnages of low-carbon ferrochrome and ferrosilicon.
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Novelis Inc. has decided to close an aluminum plate production line at its Ouro Preto unit in Brazil’s Minas Gerais state.
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McEwen Mining Inc. is looking to sell its Los Azules copper deposit in Argentina’s San Juan province, but the country is not proving to be attractive to investors, according to chairman, president and chief executive officer Rob McEwen.
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INTL FCStone Inc. is reviewing various scenarios that will result in the company leaving the physical base metals business, chief executive officer Sean O’Connor told AMM.
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Alcoa Inc.’s expanded casthouse at its Barberton, Ohio, facility is now running at full capacity making wheels from remelted and scrap aluminum, the company said.
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If we want to strengthen the economy and create jobs through our vast supply of natural gas, then allowing unlimited natural gas exports isn’t the “clear choice” (amm.com, May 21)—it’s the wrong choice.
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Constellium N.V. aims to expand its aerospace capacity, make inroads in the U.S. automotive aluminum sector and play a role in the growing Chinese canstock market as it looks to expand its global footprint, chief executive officer Pierre Vareille told AMM.
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Pure Nickel Inc. chief financial officer Jeffrey Sherman has resigned effective May 31, and the junior miner has commenced exploration activities at its Man Alaska property, the company said May 23.
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Junior copper-silver miner Revett Minerals Inc. has announced "an immediate and significant reduction in the work force at its Troy Mine" in Montana as most operations remain suspended and production looks unlikely to resume this quarter as previously forecast.
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With nickel premiums continuing to sit at record lows, market participants say that business activity is unlikely to pick up until the end of summer.
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Downstream aluminium product manufacturer Constellium N.V. has confirmed the value of its initial public offering (IPO) on the New York Stock Exchange and NYSE Euronext Paris at $333.3 million.
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Global Brass & Copper Holdings Inc. (GBC) has lowered the size and price of its proposed initial public offering (IPO), according to documents filed with the U.S. Securities and Exchange Commission (SEC) May 22.
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American Vanadium Corp. has entered into an agreement to market and sell Gildemeister Energy Solutions’ CellCube vanadium redox flow batteries in North America.
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Brazil exported significantly more copper ore and copper cathode in April than it did in the same month in 2012, but its shipments of aluminum, alumina, bauxite and most ferroalloys declined, according to the Brazilian trade ministry.