Nonferrous

  • Additional Talvivaara reorg info due Nov. 29 Nov 26, 2013

    Finnish nickel miner Talvivaara Mining Co. Plc has been given until Nov. 29 to provide further information relating to its application for corporate reorganization to Finnish authorities.

  • New antitrust suits target banks, LME Nov 25, 2013

    At least six antitrust lawsuits have been filed over the past month—and at least five in the past week—by aluminum users against big banks and the London Metal Exchange.

  • Vanadium Corp. eyes battery market gains Nov 25, 2013

    Vanadium Corp. is looking to fast-track its Lac Dore vanadium project in northern Quebec into a producing asset to meet growing energy storage sector demand for the metal.

  • Jefferies' LME membership recategorized Nov 25, 2013

    Jefferies Bache Ltd. has been recategorized to a Category II associate broker clearing member of the London Metal Exchange from a Category I ring-dealing member in a move that reduces the number of open-outcry trading companies at the exchange to 10.

  • Century agrees to buy Ormet's anodes Nov 25, 2013

    Century Aluminum Co. has agreed to buy 42,841 tonnes of baked carbon anodes from bankrupt aluminum producer Ormet Corp. for nearly $5.6 million.

  • Codelco expects support from next president Nov 25, 2013

    Chilean copper producer Corporación Nacional del Cobre de Chile (Codelco) expects to continue enjoying strong governmental support regardless of the outcome of the country’s presidential elections.

  • Most metals see pricing index fizzle Nov 22, 2013

    Iron and steel scrap prices remained flat in October vs. the previous month, with steel mill product pricing following suit, according to the latest producer price index (PPI) report from the U.S. Bureau of Labor Statistics.

  • Trafigura outbids Glencore for Ormet’s alumina Nov 22, 2013

    Trafigura AG has outbid Glencore Xstrata Plc in an auction for 32,000 tonnes of alumina offered for sale by bankrupt aluminum producer Ormet Corp.

  • Alexandria Industries names Bloedorn vp Nov 22, 2013

    Alexandria Industries has promoted industry veteran Brian Bloedorn to vice president.

  • Thanksgiving holiday notice Nov 22, 2013

    AMM’s offices will be closed Nov. 28 and 29 in observance of Thanksgiving. There will be no issues dated Nov. 28 and Nov. 29.

  • Aluminum billet premiums hold steady Nov 22, 2013

    Aluminum billet premiums are holding steady in a quiet spot market while contract talks for 2014 have largely concluded, market sources said.

  • Ferrochrome players discuss contract terms Nov 22, 2013

    Ferrochrome suppliers are pushing for more-favorable long-term contracts for 2014, but deals reportedly are far from being finalized.

  • SiMn suppliers aim to reduce discounts Nov 22, 2013

    Silicomanganese suppliers are chasing a reduction in discounts for 2014 contracts, although ongoing uncertainty over Felman Production LLC production may see some consumers lean more heavily on the spot market next year.

  • Moly producers’ long-term outlook cautious Nov 22, 2013

    Domestic molybdenum producers appear cautious in their assessment of long-term contracts and consumer demand, despite spot demand improving in the fourth quarter.

  • FeSi prices slip; contract discounts targeted Nov 22, 2013

    Ferrosilicon spot prices have eased further as anxiety over an anti-dumping investigation begins to wane, while suppliers also target a reduction in formula discounts on long-term contracts.

  • Aluminicaste, Walbridge join Aluminum Assn Nov 22, 2013

    Mexican alloyed billet and slab producer Aluminicaste Fundición de México S. de RL de CV and construction company Walbridge Aldinger Co. have joined the Aluminum Association.

  • Eight-month global copper surplus totals 76,000T: ICSG Nov 22, 2013

    The global refined copper market surplus totaled 3,000 tonnes in August and 76,000 tonnes in the first eight months of the year as production in China, Brazil and Africa soared, according to International Copper Study Group (ICSG) data.

  • Augusta’s Rosemont Mine gets extra funding from RK Nov 22, 2013

    Augusta Resource Corp. expects the permit review process for its Rosemont copper deposit to be finished in early 2014, and has just secured an additional project-related loan from RK Mine Finance Fund I, part of the Red Kite Group.

  • Kaiser still mulling automotive sheet Nov 22, 2013

    Kaiser Aluminum Corp. hasn’t ruled out expanding into automotive sheet, but don’t expect an announcement soon, the company’s top executive said.

  • Spot nickel premiums flat as trading volumes dry up Nov 21, 2013

    Spot nickel premiums remain unchanged heading into December, with traders noting an exceptionally limited amount of volume business.

  • Globe acquires silicon alloy producer Nov 21, 2013

    Globe Specialty Metals Inc. has acquired South African silicon alloy producer Silicon Technology Pty Ltd. (Silitech).

  • Noront undeterred by Cliffs suspension Nov 21, 2013

    Noront Resources Ltd. said it is on track to deliver an environmental assessment for its nickel-copper-platinum project in the Ring of Fire by the end of 2013, despite Cliffs Natural Resources Inc.’s announcement that it will indefinitely suspend its chromite activities in the region.

  • Cliffs halts chromite project indefinitely Nov 21, 2013

    Cliffs Natural Resources Inc. will indefinitely suspend its chromite project in northern Ontario’s Ring of Fire by the end of 2013.

  • Sapa to run Mich. plant over weekend after outage Nov 21, 2013

    Sapa Group’s plant in Kalamazoo, Mich., lost a transformer and was down for almost 16 hours as a result of powerful storms that hit the U.S. Midwest early this week.

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