Rio Tinto Alcan marked the signing of a one-of-a-kind labour agreement with sixteen labour unions for the construction of the Kitimat Modernization Project at a ceremony in Vancouver. This agreement between the Kitimat Modernization Employer Association and the unions facilitates access to the qualified British Columbia building trades workforce, with joint commitments to local and [...]
General Steel Holdings, Inc., one of China’s leading non- state owned steel products producers today announced that the Company will attend the 13th Annual JPMorgan Asia Pacific and Emerging Markets Equity Conference at the New York Marriott Marquis in New York City. Ross Warner, Director of IR, is scheduled to present at 11:00 a.m. Eastern [...]
MMX Mineração e Metálicos S.A. informs its shareholders and investors that its subsidiary, MMX Metálicos Corumbá Ltda. (”MMX Metálicos”), has acquired approximately 1 million cubic meters of planted pine forest in the municipality of Ribas do Rio Pardo, in the state of Mato Grosso do Sul. The timber will be transformed into charcoal and will [...]
Raytec Metals Corp. along with its joint venture partner Triex Minerals Corp., announce the commencement of the 2008 summer diamond drill program at the Riverlake & Highrock properties located in the Athabasca Basin of Saskatchewan. Approximately 2,500 metres of diamond drilling is planned to test three main areas. The targets are near-surface, basement-hosted uranium deposits [...]
Kennametal Inc. announced today that it has signed a definitive agreement to acquire the assets of Tricon Metals & Services, Inc. Closing is planned for October 2008 and remains subject to negotiated conditions of closing. Tricon will become part of Kennametal’s Advanced Materials Solutions Group (AMSG), and the acquisition is expected to be accretive to [...]
Cleveland-Cliffs Inc and Alpha Natural Resources, Inc., today reported that on Aug. 22, 2008, the Federal Trade Commission granted them early termination of the waiting period under the Hart-Scott-Rodino Act for their proposed merger. The merger transaction remains subject to additional approvals, including Cleveland-Cliffs shareholder and Alpha stockholder approvals.
Cleveland-Cliffs Inc, headquartered in Cleveland, Ohio, is [...]
To meet increasingly strong global demand for quenched and tempered (Q&T) steels, SSAB today announced a SEK 5.3 billion investment program to further develop the company’s production base in Sweden and the United States. The investments will result in a major increase of the volume of Q&T steels.
“This shows that we have a firm belief [...]
Mayor Richard M. Daley and officials from Tempel Steel, one of the north side’s largest companies, announced today that the company will expand and renovate its current manufacturing plant in Chicago, and bring more than 350 jobs to the city.
The Chicago-based company, which manufactures steel laminations used in electric motors and transformers, announced it would [...]
Mechel OAO, one of the leading Russian mining and metals companies, announces deployment of production and service equipment at Mechel Service OOO sales subsidiary’s branches within the scope of its development program.
For Mechel Service’s development program in 2008, equipment for straightening and cutting-off wire reinforcing bar was launched in August at Yekaterinburg, Krasnodar, Saint-Petersburg, Sochi [...]
Ternium S.A. announced that, following the expiration of the term for the negotiation of the conditions on which all or a significant part of Ternium’s interest in Sidor will be transferred to the Republic of Venezuela, the negotiations with the Venezuelan government are still under way.
Ternium continues to reserve all of its rights under contracts, [...]
