Gov. Mark Sanford and Thomas Sax, CEO of American Titanium Works (ATW), announced that ATW will build a world-class titanium mini-mill facility in Laurens County, South Carolina. American Titanium Works LLC, headquartered in Chicago, Illinois, will invest an estimated $422 million and plans to employ 320 people at its new facility in Laurens County.
Under one [...]

Latrobe Specialty Steel welcomes the news that Local 1537 of the United Steelworkers approved today the collective bargaining agreement negotiated Friday evening and that the twelve-week work stoppage is ending.
“I know that I speak for every Latrobe Specialty Steel employee when I say that we appreciate the return of our hourly colleagues. We have reached [...]

OAO Severstal, one of the world’s leading metals and mining companies, announced that it has extended the expiration date for its tender offer to purchase all outstanding shares of Esmark Incorporated (Nasdaq: ESMK; “Esmark”), at an offer price of $19.25 per share, to 10:00 a.m., Eastern Daylight Time, on Monday, August 4, 2008.
The tender offer [...]

Allegheny Technologies Incorporated expects second quarter 2008 earnings to be in the range of $1.65 to $1.67 per share, including a $0.11 per share one-time net tax benefit. ATI had previously said that it expected second quarter earnings to be somewhat higher than the $1.40 per share achieved in the first quarter 2008.
“ATI is benefiting [...]

Oceaneering International, Inc. announced it has recently been awarded a contract by Shell for the fabrication and installation of subsea hardware on Shell’s ultra-deepwater Perdido Regional Development project in the U.S. Gulf of Mexico (GOM).
Engineering and fabrication of the hardware to be provided under the contract has commenced. This hardware includes 29 flowline and well [...]

Great Western Minerals Group Ltd. is pleased to announce that it has signed a non-binding Letter of Intent to acquire all of the issued and outstanding shares of Less Common Metals Ltd. (”LCM”) of Birkenhead, United Kingdom, subject to the required regulatory approvals in the UK and Canada. The purchase price of this acquisition is [...]

US oil giant Chevron on Monday rejected a court report holding it liable for 16.5 billion dollars in alleged environmental damage in Ecuador between 1964-1990, saying it owes the Ecuadoran government exactly “nothing.”
“What we’ll do is challenge it point by point … and insist that the report is absurd and illegal,” Chevron’s Ecuador representative Rodrigo [...]

A senior coal company executive on Wednesday lambasted U.S. lawmakers for proposing caps on emissions blamed for global warming, saying the Democrats were out to destroy America’s coal industry.
Robert Murray, chairman, president and chief executive of Murray Energy Corp., also blasted the federal government’s mine safety agency for “outrageous” new fines that he warned could [...]

If it’s news to you, you’re not alone. Livermore National Laboratory has been testing radioactive devices – exploding depleted uranium and tritium into the open air – just 50 miles east of San Francisco since 1961. And now the lab has a permit to raise the amount of radioactive material they detonate yearly from 1,000 [...]

Environmentalists who sued Duke Energy Corp. over upgrades at its coal-fired plants say a proposed EPA rule undermines their U.S. Supreme Court victory and would give utilities a free hand to pollute.
At issue is how the government measures air pollution from the smokestacks of coal-fired power plants and other sources.
Environmentalists say the pollution should be [...]