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U.S. prices for A380.1 aluminum alloy have strengthened in tandem with gains by the North American special aluminum alloy contract (Nasaac) on the London Metal Exchange.
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The Defense National Stockpile Center (DNSC), a unit of the U.S. Defense Logistics Agency, is offering 20.6 million pounds of zinc. Bids are due by Dec. 9.
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Indium consumers are attempting to lock in low prices on long-term deals as softer market conditions allow them to negotiate more favorable terms, according to trade sources.
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Alcan Inc. will close its Vernon, Calif., aluminum cast plate facility Jan. 21, 2006, the Montreal-based company said Tuesday.
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Falconbridge Ltd. said Tuesday that it has every intention of meeting the Dec. 31 deadline to commit to the proposed 60,000-tonne-a-year Koniambo ferronickel project in New Caledonia.
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A possible strike at Falconbridge Ltd.'s ferronickel plant in the Dominican Republic would create only a slight tightening of the market as the mills that process the alloy would have to compete for feed, traders said Tuesday.
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Zinifex Ltd., Melbourne, Australia, expects shortages of lead and zinc concentrate to continue, but the vertically integrated producer should be insulated from the worst effects of the shortfall, company executives said at its annual meeting.
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Fourth-quarter production of copper and gold at Freeport-McMoRan Copper & Gold Inc.'s Indonesian mine will fall short of expectations because of lower-than-expected ore grades.
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Mining giant BHP Billiton has won environmental approval for an Australian $900-million ($668-million) expansion of its joint-venture Worsley alumina refinery in Western Australia.
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Newmont Mining Corp., Denver, is considering making an offer for Placer Dome Inc. after the Vancouver, British Columbia,-based company rejected a $9.2-billion takeover bid from Barrick Gold Corp., Toronto.
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The U.S. Defense National Stockpile Center (DNSC) is awaiting word from the military on whether it can release nearly 3.3 million pounds of high-purity cobalt cathode into the market.
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Umicore SA, Brussels, and Arcelor SA, Luxembourg, have agreed to sell 80 percent of their stakes in joint-venture trading company Traxys SA to a group led by Traxys' management for an undisclosed sum.
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The London Metal Exchange has approved 847 more zinc warrants in New Orleans for delivery against exchange contracts. The warrants are for metal stored at Metro International's warehouse at 600 Market Street.
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Indium prices continue to soften as Chinese sellers unload material on the spot market because of concerns that prices could weaken further.
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South African charge chrome producers will be forced to trim production if prices fall further, leading producer Samancor Chrome said.
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China's metals recycling industry has backing from Beijing, and Shanghai Sigma Metals Inc. seems set to benefit.
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Russian aluminum producers OAO Rusal and Sual Holding plan to invest $870 million by the end of 2006 to develop the Komi Aluminium project.
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The U.S. Defense National Stockpile Center (DNSC), an arm of the Defense Logistics Agency, is soliciting bids for lead under its basic ordering agreement format.
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Construction at Constellation Copper Corp.'s Lisbon Valley copper mine in San Juan County, Utah, has been delayed.
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Lead remained buoyant as cash prices held above the $1,000-a-tonne mark on the London Metal Exchange Tuesday, driven primarily by overall robust demand, a tightening in market forecasts and ongoing warehouse drawdowns.
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Alcan Inc. and Alcoa World Alumina LLC have signed a basic agreement with the government of the Republic of Guinea for the development of a 1.5-million-tonne-per-year alumina refinery in the West African country.
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The U.S. Justice Department has asked Inco Ltd. and Falconbridge Ltd. for additional information on Inco's pending acquisition of Falconbridge.
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Canadian miner First Nickel Inc. said Monday that it has discovered a "potentially significant" nickel-sulfide mineralization in a greenfield area of its Morgan-Lumsden property in Ontario.
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Inco Ltd., Toronto, plans to appeal an Ontario Court of Appeal ruling to certify a class-action suit against the company.