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North American aluminum demand fell in November for the second straight month, according to Davenport & Co. LLC data based on seasonally adjusted figures from the Aluminum Association.
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Union workers at Century Aluminum Co.’s idled Ravenswood, W.Va., smelter have garnered senatorial support in their fight to retain retiree health-care benefits slated for termination at the end of this month.
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Canadian junior mining company Woulfe Mining Corp. has signed a deal with Korea Zinc Co. Ltd. for a controlling stake in Woulfe’s Sangdong tungsten-molybdenum project in South Korea, Woulfe’s top executive told shareholders in New York.
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The Bonneville Power Administration (BPA) has presented a more favorable long-term power agreement to Columbia Falls Aluminum Co. LLC at the urging of Montana’s two U.S. senators.
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MMC Norilsk Nickel will look to garner $721.5 million from the sale of a 51.3-percent stake in Canadian platinum and palladium producer Stillwater Mining Co.
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Assets held in commodity exchange-traded funds (ETFs) and exchange-traded notes (ETNs) jumped to $97.89 billion in November, up 5 percent from October and 31 percent higher year on year, according to National Stock Exchange data.
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Banks are offering aluminum warrants for metal held in European warehouses on a long-term basis for 2011 as they look to pare their high inventories and limit their exposure to possible London Metal Exchange backwardations, market participants told AMM sister publication Metal Bulletin this week.
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Nickel premiums for 2011 contracts are expected to fall to between 30 and 45 cents per pound in the United States as Vale AS’ aggressive pricing strategy continues to pressure the market, according to an informal survey by AMM.
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Key defendants in the U.S. government’s criminal fraud case against Western Titanium Inc. are seeking a mistrial, charging the government dragged its feet in providing critical documents to the San Diego distributor and its executives.
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Norsk Hydro ASA will close its extrusion plant at Karmøy, Norway, in 2012 as it restructures its Norwegian aluminum profiles business, the company said Wednesday.
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The global magnesium market has undergone a “fundamental” shift since 2005, making U.S. anti-dumping duties on Russian magnesium unnecessary, Russian producer VSMPO-Avisma Corp. said.
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Soaring copper prices and negotiations for 2011 contracts are keeping the U.S. spot market quiet, with many traders focusing on finalizing supply deals for next year.
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Rio Tinto Plc and Ivanhoe Mines Ltd. have signed a deal that will enable the major mining company to take operational control over development and production at Oyu Tolgoi, the copper-gold project in Mongolia.
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Ball Corp. has agreed to buy European aerosol container producer Aerocan S.A.S. for about $293 million as the company looks to grow its overseas aluminum packaging business.
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Soaring copper prices and negotiations for 2011 contracts are keeping the U.S. spot market quiet, with many traders focusing on finalizing supply deals for next year.
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Ball Corp. has agreed to buy European aerosol container producer Aerocan S.A.S. for about $293 million as the company looks to grow its overseas aluminum packaging business.
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Key defendants in the U.S. government’s criminal fraud case against Western Titanium Inc. are seeking a mistrial, charging the government dragged its feet in providing critical documents to the San Diego distributor and its executives.
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The global magnesium market has undergone a "fundamental" shift since 2005, making U.S. anti-dumping duties on Russian magnesium unnecessary, Russian producer VSMPO-Avisma Corp. said.
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Nickel premiums for 2011 contracts are expected to fall to between 30 and 45 cents per pound in the United States as Vale AS’ aggressive pricing strategy continues to pressure the market, according to an informal survey by AMM.
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Aluminum company Alcoa Inc. has named Olivier Jarrault president of the company’s engineered products and solutions (EPS) division, effective Jan. 1.
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Copper hit a record price on the London Metal Exchange Tuesday after topping $9,000 per tonne for the first time ever in the pre-market session.
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Lifting anti-dumping duties on Chinese and Russian magnesium could threaten the survival of the United States’ only major producer, US Magnesium LLC, the president of the company, Michael H. Legge, told the U.S. International Trade Commission (ITC) Tuesday.
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Lifting anti-dumping duties on Chinese and Russian magnesium could threaten the survival of the United States’ only major producer, US Magnesium LLC, the president of the company, Michael H. Legge, told the U.S. International Trade Commission (ITC) Tuesday.
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ETF Securities Ltd. has set a Dec. 10 launch for the world’s first physically backed exchange-traded funds (ETFs) in copper, nickel and tin, the company said Tuesday.