SouthGobi Energy Resources Ltd., Vancouver, British Columbia, has sold its metals division to Ivanhoe Mines Ltd. for $3 million.
31 December 2008
Anne Riley
With production slated to begin in less than two years, ThyssenKrupp Stainless USA LLC, Mobile, Ala., has organized the team that will sell and market the product manufactured at its new mill.
31 December 2008
Scott Robertson
Allegheny Technologies Inc. (ATI), Pittsburgh, has laid off 209 workers at its Midland, Pa., stainless steel production plant as part of a plan to reduce its work force by 20 percent in response to a lack of steel orders.
31 December 2008
Scott Robertson
Specialty Metals Processing Inc. (SMP), Stow, Ohio, has named Thomas R. Schmitt vice president of sales.
31 December 2008
Scott Robertson
Nickel strengthened in official trading on the London Metal Exchange on Wednesday on renewed buying ahead of index reweighting in January
31 December 2008
Nadia Cavallaro
Nickel rose above $11,000 per tonne for the first time in six weeks in pre-market trading on the London Metal Exchange on Wednesday with an increase in buying ahead of index reweighting in January
31 December 2008
Nadia Cavallaro
Construction of an alloy steelmaking plant and a ferro-alloy producing plant has begun in the northwest of Iran
31 December 2008
Sohrab Mehrabian
Chile's state-owned Codelco has sold its $5-million stake in Minera Pecobre SA de CV to Mexico's Industrias Penoles SA de CV.
30 December 2008
Anne Riley
Recoiling from collapsing metal prices and a brutal third quarter, Amerigo Resources Ltd., Vancouver, British Columbia, has taken a number of steps to secure capital and reduce costs in the upcoming year that the junior miner hopes will keep it afloat in an increasingly dismal economic environment.
30 December 2008
Anne Riley
Sandvik Materials Technology, Sandviken, Sweden, will modify its alloy surcharge model for seamless tubular products starting Jan. 1 in a bid to reduce time lags.
30 December 2008
