India Globalization Capital, Inc., a company competing in the rapidly growing materials and infrastructure industry in India, today announced it was awarded an iron ore supply contract worth $1.8 million. The third in a recent series of contracts with Chinese companies, the order totals 40,000 metric tons (mT) of iron ore. “This third order will ship out of the port in Goa on the west coast of...
Texas Wyoming Drilling, Inc. a publicly traded company on Pink Sheets, has announced that it has entered into a joint venture agreement with Legacy Rock Company, a Nevada based corporation, to mine and distribute Calcium Carbonate from properties owned by Legacy Rock Company. TWDL will be in charge of operations and profits will be divided on an equal basis, after TWDL recovers its costs. The properties...
Great Western Minerals Group Ltd. announce that its US-based, wholly-owned subsidiary, Great Western Technologies Inc, (“GWTI”) of Troy Michigan, has been awarded a US $110,000 Defense Advanced Research Projects Agency (DARPA) contract to develop a set of aluminum-based high strength alloys. These alloys are a new class of materials that exploit the complex metal compounds that can be formed...
PMC Biogenix announced that, as a result of continuing cost pressures related to escalating raw material costs, effective August 1, 2009 or as contracts permit, prices for PMC Biogenix’s metallic stearates products will increase $0.10/lb. Customers with questions should contact their account representative or the PMC Biogenix customer service group. PMC Biogenix produces aluminum, calcium, lithium,...
Homeland Energy Group Ltd. provide an update on the status of its Kendal Colliery following a planned shut-down for plant improvements and on its key exploration projects in South Africa. “While the first year of any operation is filled with a certain amount of excitement, it is also the year in which the operations team makes adjustments and improvements to ensure the operations run according...
Chinalco and Alcoa jointly announced today that the two companies intend to explore opportunities to expand their commercial relationship by identifying strategic ventures that will benefit from the companies’ complementary strengths in bauxite, alumina, aluminum and fabricated products. “Alcoa is a respected leader in our industry and a valuable friend. We intend to grow our friendship and...
Cameron has received an order worth approximately $100 million for the supply of subsea production systems for BP subsea tieback projects in the Gulf of Mexico. The current scope includes four subsea trees, production control systems, a manifold, flowline connection systems, engineering and project management services and related equipment. Engineering work and procurement of materials began in the...
Brady plc, the leading global supplier of trading, risk management and settlement solutions to the metals and commodities sectors, has acquired Commodities Software (UK) Limited (Comsoft), a privately held company. In the highly focused and specialised world of commodities Brady is the leader in metal trading solutions; Comsoft is a leading supplier of raw material solutions. The acquisition will position...
Cadre Services, Inc announced the expansion of its operations to Northern Louisiana. The new regional operation, with facilities in Bossier City, will provide the full complement of Cadre services to customers in this growing energy-producing region. These services include oilfield construction, pipeline services, pump and fabrication services and material products. Joe Cucinotta has been named Location...
Cameco Corporation announced it is suspending uranium hexafluoride (UF6) production at the company’s Port Hope plant. As previously announced, a contract dispute between Cameco and its sole supplier of hydrofluoric acid (HF) has resulted in unreliable and expensive deliveries of this material necessary for the production of UF6. The dispute remains unresolved and Cameco has exhausted the inventory...