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Aluminium
 
M&A

OSC orders HudBay vote on Lundin deal Restricted

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The Ontario Securities Commission has set aside a decision by the TSX and ordered Canadian base-metals miner HudBay Minerals to hold a shareholders' vote on its plans to buy Lundin Mining.
23rd January 2009
 
 
ALUMINIUM

Rio Tinto Alcan announces further 6% cut in output Restricted

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Diversified miner Rio Tinto will reduce aluminium production from its Alcan unit by another 6% and cut about 1 100 jobs, in a move to conserve cash in light of falling prices and demand. “Our goal is to align production with customer demand and...
20th January 2009
 
 
ALUMINIUM

Rio Tinto says Anglesey to close smelter before year-end Restricted

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Diversified mining giant Rio Tinto on Thursday stated that aluminium producer Anglesey Aluminium Metal, in which it has a 51% stake, would be ending smelting operations at the end of September, when its current power contract expired. Wales-based...
15th January 2009
 
 
PEOPLE

Jacynthe Côté will replace retiring Evans as Alcan chief Restricted

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Diversified miner Rio Tinto has named Jacynthe Côté as CEO of its Alcan aluminium unit, replacing Dick Evans who will retire on April 20. Côté is currently president and CEO of Rio Tinto Alcan's primary metal division.
12th January 2009
 
 
China & Metals

Aluminium demand decelerates dramatically, but still growing Restricted

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CHINESE demand for primary aluminium is forecast to continue to increase next year, despite the global downturn, although at a very much reduced rate in comparison to last year.
12th December 2008
 
 
M&A

HudBay says Jaguar's demand for shareholders' meeting 'not valid' Restricted

0 COMMENTS
Base-metals miner HudBay Minerals said on Thursday that a request from merchant bank Jaguar Financial that the company call a shareholders' meeting does not satisfy certain conditions, and is therefore invalid. Jaguar opposes HudBay's plan to...
11th December 2008
 
 
ALUMINIUM

Rio Tinto to build new $228m power turbine in Quebec Restricted

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Diversified-miner Rio Tinto will spend $228-million on a new 225-MW turbine at the group's Shipshaw power station, in Saguenay, Quebec. The project is expected to be completed by December 2012.
28th October 2008
 
 
BASE METALS

Subprime panic weakens base metals demand Restricted

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Activity in the base metals sector has been dominated by the continued fall-out from the subprime crisis - this according to London-based Natixis Commodity Markets’ (NCM’s) fourth quarter metals review.
24th October 2008
 
 
 
 
 
 
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'Powered' Coega smelter viable, 'all... Audio
Bigger is better, says Rio's... Audio