Nonferrous RSS

  • DLA sells ferrochrome for $5.61M Jul 08, 2014

    DLA Strategic Materials sold ferrochrome to Hickman, Williams & Co., Russian Ferroalloys Inc. (RFA) and Veritas Alloys & Metals LLC for a combined $5.61 million in June.

  • Metals sector could see M&A ramp up: KeyBanc Jul 07, 2014

    The next year could see increased merger-and-acquisition activity in the metals sector as markets improve, according to one analyst.

  • Antofagasta cedes control of Twin Metals project Jul 07, 2014

    Antofagasta Plc has terminated its option to purchase an additional 25-percent interest in the Twin Metals mining project in Minnesota, giving joint owner Duluth Metals Ltd. control of the nickel, copper and platinum group metals project.

  • GAA shifting silicomanganese output Jul 07, 2014

    Georgian American Alloys Inc. (GAA) will switch production at its Georgian Manganese LLC subsidiary to ferromanganese from silicomanganese due to the restart of subsidiary Felman Production LLC.

  • Aluminicaste is denied Nafta preference Jul 03, 2014

    Aluminum alloy billet shipped into the United States from Aluminicaste Fundición de México S. de RL de CV does not qualify for preferential treatment under the North American Free Trade Agreement (Nafta), according to a ruling by the U.S. Customs and Border Protection.

  • US refined zinc output down in March: USGS Jul 03, 2014

    U.S. refined zinc production totaled 18,000 tonnes in March, down 4.8 percent from 18,900 tonnes in the same month last year but flat vs. February, according to U.S. Geological Survey (USGS) data.

  • Ormet OK'd to sell mineral rights to Triad Hunter Jul 03, 2014

    Ormet Corp. has reached an agreement to sell mineral rights at its aluminum smelting facility in Hannibal, Ohio, to Triad Hunter LLC for $22 million.

  • Nickel North taps new chief exec Jul 03, 2014

    Nickel North Exploration Corp. has named Andrew Lee Smith as its interim president and chief executive officer effective June 26.

  • Aluminicaste’s 850,000T stockpile a concern Jul 02, 2014

    U.S. aluminum extruders are growing concerned over a massive stockpile of aluminum extrusions being stored at a casting facility in Mexico.

  • Felman restart will not cut tags: traders Jul 02, 2014

    Felman Production LLC’s return to silicomanganese production will prompt a reduction in imports and intertrade purchases, but not necessarily a drop in spot prices, according to market participants.

  • AMG joins Leap engine supplier ranks Jul 02, 2014

    AMG Advanced Metallurgical Group NV has been selected by Snecma SA to supply titanium aluminides for CFM International Inc.’s Leap (Leading Edge Aviation Propulsion) commercial aircraft engine.

  • NLRB seeks injunction against Novelis Jul 01, 2014

    The National Labor Relations Board (NLRB) has filed a petition for a preliminary injunction to prevent Novelis Corp. from allegedly denying “employees the right to choose whether they wish to be represented by a union for purposes of collective bargaining” at its Oswego, N.Y., aluminum sheet plant.

  • 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.

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