Nonferrous

  • Titanium surcharge jumps Jul 01, 2014

    A 16.6-percent jump in a key titanium surcharge is reinforcing hopes of a significant spot price improvement in the second half of the year.

  • Felman looks to restart output at end of July Jul 01, 2014

    Felman Production LLC will resume silicomanganese production by the end of July after reaching an electricity supply agreement with Appalachian Power Co. (APCo).

  • Accident kills Novelis contractor Jul 01, 2014

    An accident in the recycling area at Novelis Inc.’s plant in Oswego, N.Y., has killed a contractor, Steven Cooper, 31, of Phoenix, N.Y.

  • Green energy may boost copper use Jun 30, 2014

    Power generation and automobiles account for about 7 percent of global copper demand, but a 20-percent shift in these markets to "green" alternatives could boost copper usage by up to 2.5 million tonnes by 2025, according to one industry analyst.

  • Ormet sale clouds future of Ohio mill Jun 30, 2014

    The United Steelworkers union is concerned that an aluminum smelting facility in Hannibal, Ohio, formerly operated by Ormet Corp. will be permanently shuttered, effectively eliminating hundreds of jobs in the region.

  • Holiday notice Jun 30, 2014

    AMM’s offices will be closed Friday, July 4, in observance of Independence Day, and there will be no issue that day. The New York Mercantile Exchange also will be closed Friday. The London Metal Exchange will be open, and AMM will publish the LME’s July 4 prices in the July 8 issue.

  • Avanti wins environmental OK for Kitsault Mine Jun 30, 2014

    Avanti Mining Inc. has won environmental approval from the Canadian government for its Kitsault molybdenum project in British Columbia after enduring several permitting delays.

  • RNC raises $4.67M in financing Jun 28, 2014

    Royal Nickel Corp. (RNC) has secured Canadian $5 million ($4.67 million) in equity funding from the sale of 8.34 million common shares at C60 cents (56 cents) apiece.

  • Zinc premium inches down as trading muted Jun 27, 2014

    The premium on special-high-grade zinc narrowed as elevated London Metal Exchange zinc prices and muted market activity led to discounting, according to buyers and sellers.

  • Ormet assets auction winner named Jun 27, 2014

    Niagara Worldwide LLC has secured the right to purchase the assets of bankrupt Ormet Corp. for $25.25 million following a private auction.

  • Aluminum outlook improves in May Jun 27, 2014

    North American aluminum shipments increased to a seasonally adjusted annual rate of 22.9 billion pounds in May, up nearly 5 percent from the previous month, according to data released June 25 by the Aluminum Association.

  • Copper, moly prices strengthen Mercator's cash flow Jun 27, 2014

    Mercator Minerals Ltd. said current copper and molybdenum prices have helped produce positive cash flow for its Mineral Park Mine in Arizona.

  • Ferroalloy contract business still strong Jun 27, 2014

    While ferroalloy spot trading activity has become scant, suppliers are pleased with contract offtake demand from the steel sector heading into the summer.

  • Asarco loses appeal vs. lawsuit dismissal Jun 25, 2014

    A federal court’s dismissal of copper miner Asarco LLC’s lawsuit to shift some of the burden of a $1.5-million pollution settlement with the U.S. Environmental Protection Agency has been upheld by the U.S. Court of Appeals.

  • Mixed views on extruder’s pricing shift Jun 25, 2014

    Thermal aluminum extrusion manufacturer Wakefield-Vette Inc.’s shift to a bimonthly pricing model in an effort to cope with aluminum price volatility is drawing mixed reactions from industry players.

  • Reunion seeks more funding for SiMn project Jun 25, 2014

    Reunion Gold Corp. is seeking additional funding to carry out a feasibility study for its proposed silicomanganese project in the Caribbean.

  • Molybdenum output, usage set records Jun 24, 2014

    Molybdenum production and consumption reached record levels in 2013, with North American output closing the gap on Chinese production, according to International Molybdenum Association figures.

  • Avanti starts construction on Kitsault project Jun 24, 2014

    Avanti Mining Inc. has started construction on its Kitsault molybdenum project after receiving an "occupant license to cut" from the British Columbia Ministry of Forests, Lands and Natural Resource Operations.

  • Refined copper mart swings to deficit in March Jun 23, 2014

    The global refined copper market swung to an 83,000-tonne deficit in March from a 2,000-tonne surplus the previous month, according to preliminary data from the International Copper Study Group (ICSG).

  • HudBay reaches deal to buy Augusta Jun 23, 2014

    Augusta Resource Corp. has agreed to be purchased by HudBay Minerals Inc. after the company sweetened its offer.

  • FeV prices confuse; moly may be softening Jun 20, 2014

    Ferrovanadium producers remain flummoxed by reports of low spot prices amid strong demand, while molybdenum prices have begun to show signs of softening.

  • Ormet wins court OK to sell assets Jun 20, 2014

    The assets of Ormet Corp. could be heading for sale June 26 after a U.S. Bankruptcy Court approved bidding procedures proposed by the bankrupt aluminum producer earlier this month.

  • Copper demand said set to rebound Jun 20, 2014

    The copper industry has finally attained its "field of dreams moment," with renewed demand on the way, according to Cushman & Wakefield Inc. chief economist Kenneth McCarthy.

  • SiMn mart bearish ahead of Felman planned restart Jun 20, 2014

    Silicomanganese market sentiment is trending towards bearish, with an expected restart of Felman Production LLC prompting spot prices to firm below 60 cents per pound.

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