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Alcoa Inc., Pittsburgh, has begun the early stages of an accelerated clean-up schedule for the company’s former aluminum smelter along the Columbia River in Vancouver, Wash.
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Rio Tinto has pledged $300 million for the development of a new primary nickel mine near Marquette, Mich.
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Xstrata Plc’s Strathcona mill in Sudbury, Ontario, is expected to process about 185,000 tonnes of ore next year from the nearby Shakespeare nickel deposit being developed by Ursa Major Minerals Inc.
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Alcoa Inc., Pittsburgh, has begun the early stages of an accelerated clean-up schedule for the company’s former aluminum smelter along the Columbia River in Vancouver, Wash.
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Xstrata Plc’s Strathcona mill in Sudbury, Ontario, is expected to process about 185,000 tonnes of ore next year from the nearby Shakespeare nickel deposit being developed by Ursa Major Minerals Inc.
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Rexam Plc, London, said its results for the second half of the year will be blunted by unfavorable currency exchange rates.
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The NewYork Mercantile Exchange has announced its support for the Commodities Futures Trading Commission (CFTC) Reauthorizationn Act of 2007.
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The New York Mercantile Exchange is raising fees for Nymex and Comex futures and options contracts effective Jan. 2, 2008.
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Ferrovanadium users who locked in 2008 contracts found much smaller discounts than in previous years, pushing contract terms closer to spot pricing and helping to ensure a brisk spot market next year, market sources said.
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Ferrosilicon prices have risen as U.S. supply has tightened on the high cost of importing the alloy from China, according to market sources.
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Future Metals Inc. is in line for a new president as Mark G. Borland has been tapped to succeed the retiring Luis E. Benitez at the Tamarac, Fla.-based aerospace tubulars distributor.
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A federal court in Mexico has ruled that a four-month strike at Grupo Mexico SA de CV’s Cananea copper mine in Sonora state can continue, according to a Reuters report.
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Ferrosilicon prices have risen as domestic supply has tightened on the high cost of importing the alloy from China, according to market sources.
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Globe Metallurgical Inc. expects to make a decision on the restart of its 28,000-tonne-per-year silicon metal plant in Niagara Falls, N.Y., sometime early next year, according to a lawyer representing the company.
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Globe Metallurgical Inc. expects to make a decision on the restart of its 28,000-tonne-per-year silicon metal plant in Niagara Falls, N.Y., sometime early next year, according to a lawyer representing the company.
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Chinese smelters Jiangxi Copper Co. Ltd. and Daye Non-Ferrous Metals Co. Ltd. have settled annual copper treatment and refining charges (TC/RCs) with BHP Billiton at $47.20 per tonne/4.72 cents a pound, according to traders.
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Chinese smelters Jiangxi Copper Co. Ltd and Daye Non-Ferrous Metals Co. Ltd. have settled annual copper treatment and refining charges (TC/RCs) with BHP Billiton at $47.20 per tonne/4.72 cents a pound, according to traders.
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Richard C. Adkerson, chief executive officer of Freeport-McMoRan Copper & Gold Inc., will gain the additional title of president with the retirement of Timothy R. Snider next April, the company said Thursday.
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HudBay Minerals Inc., Winnipeg, Manitoba, will spend Canadian $42.8 million ($41.9 million) on exploration activities in 2008 while it actively seeks out takeover opportunities and uses some of its war chest to buy back stock.
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Richard Adkerson, chief executive officer of Freeport-McMoRan Copper & Gold Inc., will gain the additional title of president with the retirement of Tim Snider next April, the company said Thursday.
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Copper on the Comex division of the New York Mercantile Exchange dipped below $3 a pound Thursday as investors remained cautious and the dollar strengthened following better-than-expected retail sales figures and news of a plan by central banks to boost liquidity.
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Bolton Metal Products Co., Bellefonte, Pa., plans to lay off 78 union workers by Dec. 31 as part of a restructuring that will see the company focus more on specialty brass products, sizes and alloys.
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Copper on the Comex division of the New York Mercantile Exchange dipped below $3 a pound Thursday as investors remained cautious and the dollar strengthened following better-than-expected retail sales figures and news of a plan by central banks to boost liquidity.
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Kaiser Aluminum Corp., Foothill Ranch, Calif., has increased its revolving credit facility to $265 million from $200 million and repaid its only outstanding funded debt, a $50-million term loan. Kaiser expects to save about $2 million annually by repaying the term loan, the company said Thursday.