Nonferrous RSS

  • Alcoa to shutter Wisconsin wheel plant Dec 18, 2008

    Alcoa Inc. has informed employees at its cast automotive wheel plant in Beloit, Wis., that production will cease on June 1 and the facility will close on June 30, a company spokesman said.

  • CBFC names Hartquist as new president Dec 18, 2008

    David “Skip” Hartquist will take over as president and general counsel of the Copper and Brass Fabricators Council (CBFC) when Joseph L. Mayer retires at the end of this month.

  • Power authority approves contract for Alcoa smelters Dec 18, 2008

    The New York Power Authority (NYPA) board of trustees has approved a power supply contract for Alcoa Inc.’s Massena, N.Y., operations.

  • Moody’s, S&P downgrade Rio Tinto ratings Dec 18, 2008

    Moody’s Investors Service and Standard & Poor’s Ratings Services (S&P) have both downgraded Rio Tinto on debt concerns.

  • Zinc premiums remain weak amid poor demand Dec 18, 2008

    NEW YORK — Zinc premiums in the United States remain weak, hovering around 3 to 4 cents a pound above the London Metal Exchange price for spot sales, sources said.

  • Rio Tinto delays Indonesian nickel project Dec 17, 2008

    Rio Tinto has delayed its Sulawesi nickel project in Indonesia by at least two years to 2017 at the earliest due to ongoing land disputes.

  • European Union to cancel anti-dumping duties on Russian silicon Dec 17, 2008

    The European Union will cancel anti-dumping duties on Russian silicon imports effective Dec. 25.

  • Anglo American to cut spending in half in 2009 Dec 17, 2008

    Anglo American Plc will slash spending by more than 50 percent next year through delays to the planned commissioning of some copper and iron ore projects.

  • Alcan pulling out of Saudi venture Dec 17, 2008

    Rio Tinto Alcan, Montreal, is removing itself as an equity partner in a $10-billion joint-venture aluminum smelter planned for Saudi Arabia because it’s unable to finance its 49-percent stake amid the global financial turmoil.

  • Peñoles may postpone zinc expansion Dec 17, 2008

    Mexican mining company Industrias Peñoles SAB de CV could put off plans to expand its main zinc refinery by 48 percent due to lower demand.

  • Peñoles may postpone zinc expansion project Dec 17, 2008

    Mexican mining company Industrias Peñoles SAB de CV could put off plans to expand its main zinc refinery by 48 percent due to lower demand.

  • Century idling Ravenswood potline, mulls total shutdown Dec 17, 2008

    Century Aluminum Co. will immediately idle one potline at its Ravenswood, W.Va., smelter and is considering halting all production at the site because of plummeting aluminum prices and slumping demand.

  • Rio Tinto Alcan pulling out of Ma’aden smelter project Dec 17, 2008

    Rio Tinto Alcan, Montreal, is removing itself as an equity partner in a $10-billion joint-venture aluminum smelter planned for Saudi Arabia because it’s unable to finance its 49-percent stake amid the global financial turmoil.

  • Rusal to cut Jamaica alumina output Dec 16, 2008

    United Co. Rusal said it will curtail about 420,000 tonnes per year of alumina production at its West Indies Alumina Co. (Windalco) unit in Jamaica due to high production costs and declining commodity prices.

  • Century Aluminum placed on negative credit watch Dec 16, 2008

    Standard & Poor’s Ratings Services (S&P) has placed Century Aluminum Co.’s ratings, including its ‘BB-’ corporate credit rating, on credit watch with negative implications.

  • Rusal to cut Jamaica alumina output Dec 16, 2008

    United Co. Rusal said it will curtail about 420,000 tonnes per year of alumina production at its West Indies Alumina Co. (Windalco) unit in Jamaica due to high production costs and declining commodity prices.

  • Brass mill imports fall in Oct., exports rise Dec 16, 2008

    U.S. imports of brass mill products fell 5.7 percent in October compared with the corresponding month a year earlier, while exports posted a modest increase in the same period, according to figures from the Copper and Brass Fabricators Council.

  • Belvedere shutters two Finnish nickel mines Dec 16, 2008

    Belvedere Resources Ltd. has placed its Hitura and Sarkiniemi nickel mines in Finland on care and maintenance until further notice, citing the falling price of nickel and the dismal economic environment.

  • Accuride to close aluminum wheel plant Dec 16, 2008

    Accuride Corp. will close its aluminum wheel manufacturing plant at Cuyahoga Falls, Ohio, when customer orders can be met by its Erie, Pa., facility.

  • Alcan denies plans to drop Iceland smelter expansion Dec 16, 2008

    Rio Tinto Alcan has denied it plans to scrap a capacity increase at its Straumsvik aluminum plant in Iceland.

  • New aluminum orders dive 24% in Nov. Dec 16, 2008

    New orders of aluminum products fell by a “massive” amount in November, statistics from the Aluminum Association showed, in perhaps the strongest indication to date of the fall-off in demand faced by the industry.

  • Brass mill imports fall in Oct., exports rise Dec 16, 2008

    U.S. imports of brass mill products fell 5.7 percent in October compared with the corresponding month a year earlier, while exports posted a modest increase in the same period, according to figures from the Copper and Brass Fabricators Council.

  • Congo slashes copper, cobalt forecasts Dec 16, 2008

    The Democratic Republic of Congo trimmed its copper export outlook by 30 to 40 percent for the next three months as a result of ongoing factory shutdowns, softening demand and regional violence, according to a Reuters report.

  • China’s Nov. copper output up 12% Dec 16, 2008

    China’s refined copper production totaled 330,000 tonnes in November, up 12 percent from a month earlier but 2.3 percent lower that November 2007 levels, according to China’s National Bureau of Statistics.

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