Nonferrous

• Union rejects Rio Tinto Alcan contract Dec 30, 2011

  Union workers at Rio Tinto Alcan Inc.’s Alma, Quebec, smelter have rejected the company’s new contract offer to replace the labor agreement that was set to expire Dec. 31.

• More copper fabricators, distributors upbeat Dec 30, 2011

  More copper fabricators and distributors expect order levels to improve in the new year following a decrease in shipments in November, according to a Copper and Brass Servicenter Association (CBSA) report.

• CaNickel to slash Bucko Lake output Dec 30, 2011

  CaNickel Mining Ltd. said it plans to reduce production at its Bucko Lake Mine in Manitoba in response to "unfavorable" nickel prices.

• Warehouses will increase rent on LME zinc Dec 30, 2011

  Warehousing companies approved by the London Metal Exchange (LME) will increase the rent they charge clients to store zinc at their facilities, according to a notice from the exchange on Friday December 30.

• Processor installs coil polish line Dec 30, 2011

  Specialty Metals Processing Inc., a flat-rolled products toll processor, is now offering coil-to-coil polishing.

• Warehouses increase rent on LME lead Dec 30, 2011

  Warehousing companies approved by the London Metal Exchange will increase the rent they charge on storing LME grade lead from April, according to a notice from the exchange on Friday December 30.

• LME-approved warehouses will raise cobalt rent to 53 cents per day Dec 30, 2011

  Warehousing companies approved by the London Metal Exchange will increase the rent they charge on storing LME grade cobalt to 53 cents from April, according to a notice from the exchange on Friday December 30.

• LME-approved warehouses to increase nickel rent Dec 30, 2011

  Warehousing companies approved by the London Metal Exchange will increase the rent they charge clients to store nickel at their facilities, according to a notice from the exchange on Friday December 30.

• Copper prices up in LME officials on positive US data Dec 30, 2011

  Copper prices rose during official trading on the London Metal Exchange on Friday December 30, buoyed by better-than-expected US housing market data.

• LME-approved warehouses will increase rent on aluminium Dec 30, 2011

  Warehousing companies approved by the London Metal Exchange will increase the rent they charge clients to store aluminium at their facilities by as much as 6 cents, according to a notice from the exchange on Friday December 30

• LME-approved warehouses will raise copper rents Dec 30, 2011

  Warehousing companies approved by the London Metal Exchange will raise the rents they charge clients to store copper at their facilities, according to a notice from the exchange on Friday December 30.

• Emed grants share options to board and management Dec 30, 2011

  The board of Emed Mining has granted 11 million incentive share options to board members and to management, the company said on Friday December 30.

• PRICING NOTICE: Removal of 65% ferro-molybdenum quotation Dec 30, 2011

  Metal Bulletin will remove its pricing quotation for 65% ferro-molybdenum from January 10 2012 due to lack of market activity.

• Nyrstar’s Young mine resumes zinc production Dec 30, 2011

  Nyrstar has resumed zinc production at its Young mine in Tennessee after a fire at the project, the company said on Friday December 30.

• Shanghai copper down 0.7% w-o-w on stronger dollar, weak buying Dec 30, 2011

  Shanghai Futures Exchange copper settled the week 0.7% lower on a stronger dollar.

• LME ASIAN WRAP: Copper advances on US Optimism Dec 30, 2011

  London Metal Exchange copper advanced in the early Asian session on Friday, as better-than-expected economic news from the US encouraged market sentiment.

• Kennecott sued for alleged excess pollution Dec 29, 2011

  Kennecott Utah Copper LLC is being sued for as much as $68 million by environmental and health groups in Utah concerned that failure to comply with state regulations is allegedly causing excess pollution.

• Aluminum group looks toward sustainability Dec 29, 2011

  The Aluminum Association is hoping that 2012 will offer more opportunities to promote recycling and sustainability initiatives while it works through more difficult environmental legislation.

• Alcoa promotes Sigurdsson Dec 29, 2011

  Alcoa Inc. has appointed Tómas Már Sigurdsson president of its European region and global primary products division effective Jan. 1.

• Moly Mines cancels Spinifex Ridge project Dec 29, 2011

  Moly Mines Ltd. will not proceed with its Spinifex Ridge molybdenum-copper project in Western Australia but has signed a memorandum of understanding with China Development Bank (CDB) Corp. for possible future financing, the company said Wednesday.

• Former Chemetco suppliers could face clean-up costs Dec 29, 2011

  Letters have been sent to 115 parties who may be liable for shouldering some of the cost of cleaning up former secondary copper smelter Chemetco Inc.

• ITA to review aluminum extrusions duty order Dec 29, 2011

  The Commerce Department’s International Trade Administration (ITA) is scheduling a changed circumstances review on an anti-dumping duty order on aluminum extrusions from China.

• Jinchuan cuts nickel prices as LME price falls Dec 29, 2011

  Jinchuan Group reduced its nickel ex-works prices by 2.3% on Thursday, after LME nickel prices fell on Wednesday.

• LME lists additional Steinweg warehouses in Rotterdam Dec 29, 2011

  The London Metal Exchange has approved the listing of four additional C Steinweg Handelsveem warehouses in Rotterdam, effective immediately, the exchange said on Thursday December 29.