Dr Sanja Miskovic joins American Rare Earths to advance Halleck Creek processing
American Rare Earths has appointed Dr Sanja Miskovic as Chief Technical Advisor, with her work focused on process optimisation and recovery as the company advances the feasibility study for its Halleck Creek Rare Earths Project in Wyoming, USA. Miskovic will work on flowsheet development, mineral...
AL Circle Analysis: Import rise meets demand growth on aluminium extrusion chessboard
Aluminium’s downstream trade network is getting more fragmented as import dependence, changing end-use demand and trade-policy interventions reshape regional markets. From North America and Europe to Asia-Pacific, the aluminium industry is navigating a market where access to supply, competitive...
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US rolls out welcome mat for MHM Metals
IF you are offering to invest millions of dollars and provide some jobs in the US at the moment, the Americans are happy to roll out the red carpet. Which is why Aussie company MHM Metals managed to get a standing ovation from Kentucky Governor Steve Beshear and a brace of officials this week after...
Shares of Noranda Aluminum Receive a Boost, Up 3.6%
One of today's stocks on the move is Noranda Aluminum (NYSE:NOR), up 3.6% to $9.09. The S&P is currently trading 0.4% higher to 1,241 and the Dow Jones Industrial Average is trading 0.5% higher to 12,086. In the past 52 weeks, Noranda Aluminum share prices have been bracketed by a low of $6.67 and...
Bank of America (BAC) Analysts Now Covering Kaiser Aluminum (KALU) Stock
Equities research analysts at Bank of America (NYSE: BAC) initiated coverage on shares of Kaiser Aluminum (NASDAQ: KALU) in a research note issued to investors on Monday. They set a “buy” rating and a $54.00 price target on the stock. Separately, analysts at Stifel Nicolaus initiated coverage on...
Encore Wire Investing Nearly $30M Into 202,000-SF Expansion
Encore Wire Corp. is planning to add a 202,000-square-foot manufacturing plant to its Collin County campus. The construction cost will fall between $25 million and $30 million. The 2012 project includes upgrades to rail and road access at the McKinney property. Encore Wire's new plant will produce...
Bank of America Reinstates Buy, $11 Target on Noranda Aluminum
Bank of America reinstates coverage of Noranda Aluminum Holdings (NYSE: NOR [FREE Stock Trend Analysis]) with a Neutral rating and an $11 target price as it thinks it sees the company as best-value play in aluminum. BofA says, “Of our coverage universe, Noranda's aluminum production ranks lowest on...
Noranda Aluminum Makes a Move: Down 4.9%
Noranda Aluminum (NYSE:NOR), a company whose shares are moving quickly, is trading 4.9% lower to $8.35. The S&P is trading lower by 2.0% to 1,230 and the Dow is trading 1.8% lower to 11,966. Noranda Aluminum Holding Corp is an integrated producer of aluminum products, as well as rolled aluminum...
W.Va. aluminum plant recalls 25 laid-off workers
Jackson County's largest employer has recalled about 25 laid-off workers and reinstated normal work weeks. The moves follow a series of upgrades at the Constellium Rolled Products aluminum rolling plant in Ravenswood. Constellium had told workers earlier that some employees' hours would be reduced...
DJ US Oct Unwt Coils Of Aluminum Imports -0.6% From Sep-Dec 9
U.S. imports of unwrought aluminum, not alloyed with uniformed cross sections of dimensions not greater than 9.5 mm in coils, fell 0.6% in October from from the previous month, but was up 12.4% from the previous year, the U.S. Commerce Department reported Friday.
Expansion plans in rolling mills and strategic automotive capacity - Novelis
Through Novelis, Hindalco is trying to capture the upstream market of value added aluminium products such as beverage cans. Novelis also makes aluminium for cars. Novelis plans to invest between $500-600 million (roughly Rs 3,120 crore) in its global expansion plans in the current year. Most of...
Despatch Industries Receives Aluminum Annealing and Aging Oven System Order From Spirit AeroSystems, Inc.
Despatch Industries, the world's leading thermal processing equipment provider for over one hundred years, proudly announces that the company has received an order from Spirit AeroSystems, Inc. Spirit AeroSystems is the world's largest independent supplier of commercial airplane assemblies and...
Nonferrous Scrap: North America
Steve Solomon, Solomon Metals Corp. provides a commentary on the nonferrous scrap market in North America. The supply of copper scrap seems to be relatively consistent and buying metals is not as much a problem now. The markets have recovered from the large fall in September. Now that copper is...
Targray Launches New Aluminum Paste from World-Leading Manufacturer Giga Solar
Targray Technology International announces that it has been appointed as the global distributor of Giga Solar Materials Corp.’s new Back Surface Aluminum Paste. With the signing of this long-term agreement—which spans across Europe, North America and India—Targray now offers a back side aluminum...
Can US Aluminum Demand Continue Rising?
The Aluminum Association’s Nick Adams said that the US is now “essentially” a net exporter, which hasn’t happened in a long time. He makes his case citing the uptick in exports within the sheet and plate markets — up 36 percent in 2011 to date, compared with the same period in 2010. Also, Adams...
Coca-Cola Recycling launches recycling center in Texas
Coca-Cola Recycling LLC opened a new consumer recycling center in Irving, Texas that accepts and processes aluminum cans and #1 PET plastic beverage bottles. The new center was created to offer free and convenient access to beverage container recycling. The Dallas-Fort Worth area was selected as...
Glaro Releases New Product Lines of Aluminum Shelving, Coat Racks, Umbrella Stands and Wet Umbrella Bag Holders for Imme
Leading American manufacturer of commercial and consumer aluminum products, Glaro Incorporated, releases new affordable models of coat hanging and umbrella equipment for the winter season. With the cold weather upon us, Glaro has proudly released several new models of affordable coat hanging...
Rio Tinto to go ahead with Kitimat smelter expansion
Rio Tinto Alcan is pushing ahead with construction of a $3.3-billion (U.S.) smelter in Kitimat, B.C., even as stagnant prices have spurred a selloff of other aluminum assets. London-based Rio Tinto PLC (RIO-N52.15-0.92-1.73%), which acquired Montreal-based aluminum giant Alcan for $38.1-billion in...
Industry Activity - Aluminium Association
The Aluminum Association estimates that aluminium demand in the United States and Canada (shipments by domestic producers plus imports) totalled an estimated 16,057 million pounds during nine months of 2011, 5.9% above the same period of 2010. Shipments of aluminium extruded products by domestic...
World Primary Aluminium Production Up 21.29% In Jan-Oct 2011
World primary Aluminium production was at 21.29 million tons in Jan-October 2011, up 21% from 20.11 million tons in Jan-Oct 2010. The report from International Aluminium Institute showed that the production of primary Aluminium in Gulf region was 2.858 million tons in Jan-Oct 2011, up 30% from 2.20...
