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| 8 Feb 2010 | Aluminium | ► | Strike ends at foundry in Manitowoc Workers at Wisconsin Aluminum Foundry ended their strike but did not win a successor clause that would protect their jobs and benefits if the company were sold... more ► |
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| Aleris International files plan of reorganization Aleris International, Inc. a global leader in aluminium rolled products, extrusions and recycling, announced today that it filed its proposed Plan of Reorganization (Plan) and related draft... more ► |
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| Metals prices heading for the roof Speakers at the Mining Indaba in Cape Town this week seemed as one in warning of a near-term supply-demand squeeze and some solid price increases for a swathe of metals... more ► |
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| Debate on nationalising the mines in South Africa A storm erupted in policy circles in South Africa after Julius Malema the leader of the African National Congress Youth League (ANCYL) boldly proclaimed the need for the mining industry in South... more ► |
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| Copper at 3-month low LME copper ended at $6,265/mt on Friday, $125 down... more ► |
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| 5 Feb 2010 | RusAl pays down debt with IPO funds United Company RusAl paid off $2.14 billion of its estimated $14.9 billion of debt using funds raised from its initial public offering in Hong Kong, the company said in a statement Thursday... more ► |
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| Lunar New Year to weigh on metals demand Major market participant says, as Lunar New Year holiday that will close Chinese markets for a week from February 14 "started to take its effect on volumes"... more ► |
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| Ingram Barge sues Century Aluminum for $4.6m Nashville barge operator Ingram Barge Co. is suing a former customer for $4.6 million over a contract dispute linked to a now-shuttered West Virginia smelting facility... more ► |
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| LME copper at 3-months low LME copper fell to $6,329/mt, its lowest since Oct. 19, ending at $6,390/mt, $200 down... more ► |
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| 4 Feb 2010 | LME copper at a new low LME copper closed down $230 at $6,590/mt... more ► |
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| Rio Tinto Alcan sells majority stake in Ghana Bauxite to Chinese firm The aluminium division of Anglo-Australian mining giant Rio Tinto (NYSE:RTP) has sold its 80 per cent stake in Ghana Bauxite Company Ltd. to private a Chinese firm... more ► |
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| Picket line continues Tuesday morning at Wisconsin Aluminum Foundry Members of Local 301 of Glass, Molders, Pottery International Union continued to picket Wisconsin Aluminum Foundry Tuesday morning after their contract expired at midnight Sunday... more ► |
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| 3 Feb 2010 | LME metals rise LME copper closed at $6,820/mt, up $93... more ► |
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| 2 Feb 2010 | Rio Tinto completes Alcan packaging sale Global mining giant Rio Tinto said Tuesday it had completed the sale of part of its Alcan operations to Australian packaging firm Amcor for $1.946 billion... more ► |
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| LME copper rises; nickel down almost 3% LME copper finished at $6,790/mt, up $45... more ► |
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| 31 Jan 2010 | LME prices down: copper at 2-months low LME copper ended at $6,750/mt, $140 down, hitting a 2-month low on Friday... more ► |
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| 29 Jan 2010 | Alcoa plans to shut aluminium smelters in Italy Alcoa said Thursday that it plans to shut its two aluminium smelters in Italy by Feb. 6, but could restart them if the company is able to secure power for them... more ► |
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| 28 Jan 2010 | LME metals tumble LME copper fell 2.4% to $7,055/mt, extending losses from the previous session... more ► |
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| Global steel production declined in 2009 Steel production in most major steel-producing nations fell last year, with few exceptions. As shipments continue to decline, the steel industry is expected to face another challenging quarter... more ► |
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| 27 Jan 2010 | LME prices down on China clampdown LME copper ended at $7,395/mt, down $70, after a one-month low of $7,194/mt on Friday... more ► |
