Business Movement

Sherritt sees no impact as Trump lifts ban on lawsuits against foreign firms in Cuba

Fri, 19 Apr 2019 02:34:00 GMT
Canadian miner Sherritt International will not be materially impacted by the Trump administration's decision to allow lawsuits in US courts against foreign firms in Cuba, the Canadian mining firm s...
Tags: Nickel Ore

Glencore’s Jeff Gerard appointed Katanga CEO

Fri, 19 Apr 2019 02:31:00 GMT
TSX-listed Katanga Mining, a unit of Glencore, on Thursday announced that Glencore International’s Jeff Gerard would succeed Danny Callow as CEO of the company, effective May 2. Gerard’...
Tags: None

Vale to resume operations at Brucutu iron ore mine in Brazil

Fri, 19 Apr 2019 02:29:00 GMT
Brazilian iron ore miner Vale has announced that it expects to resume operations within 72 hours at Brucutu mine in Sao Goncalo do Rio Abaixo in the state of Minas Gerais. The company made the anno...
Tags: Iron Ore

Usiminas iron ore sales rise in first quarter

Fri, 19 Apr 2019 02:29:00 GMT
Iron ore sales volumes for Brazil-based ore and steel producer Usiminas rose in the first quarter on higher domestic demand after the fatal collapse of Vale's dam at Brumadinho. Usiminas' first qua...
Tags: Iron Ore

Brazil's Vale slashes iron ore sales estimate after dam burst

Fri, 19 Apr 2019 02:25:00 GMT
Brazilian miner Vale SA on Thursday estimated selling up to 75 million tonnes less iron ore and pellets this year, after several mines were halted following its second deadly dam burst in less than...
Tags: Iron Ore

Saudi miner Maaden mulls expanding aluminum smelter to meet local demand

Fri, 19 Apr 2019 02:11:00 GMT
Saudi Arabia's Maaden, the biggest Gulf miner, is mulling expanding its $10.8 billion aluminum joint venture with Alcoa to help meet demand for the local market, which consumes some 60% of total pr...
Tags: Silicon MetalFerro Silicon

Russia-Based RUSAL-Braidy Industries Plans Ashland, Kentucky Aluminum Mill

Fri, 19 Apr 2019 02:07:00 GMT
RUSAL, leading Russia-based global aluminium producer, and Braidy Industries Inc., a US-based holding company, plans to establish a joint project in Ashland, Kentucky. The facility will produce fla...
Tags: Silicon MetalFerro Silicon

Novelis seeks exclusions from aluminum tariffs on Canada, which are 'hurting' Oswego plant

Fri, 19 Apr 2019 02:04:00 GMT
Aluminum tariffs on Canada are hurting companies like Novelis in Oswego, which has to pay significant duties on material it imports from Kingston, Ontario. Novelis is seeking exclusions from the fe...
Tags: Silicon MetalFerro Silicon

Germany's Wacker sees bright future in China

Fri, 19 Apr 2019 02:03:00 GMT
German chemical group Wacker said on Thursday it will continue to expand its business profile in China, with investment in the technologies of cement, food and electric vehicles, as a way to counte...
Tags: Silicon Metal

GCL Poly secures more public backing with second investment fund deal

Fri, 19 Apr 2019 01:58:00 GMT
Chinese polysilicon maker GCL Poly appears to have secured another slew of public funds to help upgrade its poly production lines. In an announcement made to the Hong Kong Stock Exchange yesterday ...
Tags: Silicon Metal