R/€ = 16.27 Change: 0.01
R/$ = 14.39 Change: 0.01
Au 1238.58 $/oz Change: 0.51
Pt 783.50 $/oz Change: -9.03


Century Aluminum CEO: will recall workers if Trump imposes tariffs

By: Reuters     23rd February 2018 The main US producer of high-purity aluminium used in military aircraft is poised to begin restarting idled production lines at its smelter in eastern Kentucky and recall some 350 workers if President Donald Trump imposes aluminium import curbs. Century Aluminum CEO Michael Bless told Reuters on... 

Novelis to build $300m aluminium plant amid auto optimism

By: Bloomberg     23rd January 2018 Aluminium flat-rolled products maker Novelis Inc. plans to build a $300 million plant in Kentucky targeted at automotive customers looking to minimise vehicle weight amid more stringent efficiency rules. “It just reiterates the industry’s view on this very strong penetration as the material of... 

US Energy Department selects research projects for rare earths from coal industry

By: Creamer Media Reporter      13th June 2017 The US Department of Energy (DoE) has selected three projects for funding to research the recovery of saleable rare earth elements (REE) from domestic coal and coal byproducts. The DoE will invest about $3-million into these projects, which will focus on laboratory testing and the preparation of... 

Wyoming coal counties best positioned to weather declining industry

By: Henry Lazenby     4th October 2016 In dealing with the decline of US coal mining, western coal-producing states such as Wyoming are much better positioned to weather the market shift than their eastern counterparts such as West Virginia and Kentucky, according to new analysis by Moody’s Investors Service. Driven by weaker seaborne... 

Alpha issues almost 300 workers with WARN Act notices on back of coal slump

By: Henry Lazenby     8th July 2015 Three operating affiliates of coal producer Alpha Natural Resources have given 292 workers at six mines and one plant in south-west Virginia and eastern Kentucky Worker Adjustment and Retraining Notification (WARN) Act notices, as the company expects to idle the facilities in the hope of their... 

Arch Coal reports Q3 loss, beats expectations

By: Henry Lazenby     29th October 2013 NYSE-listed Arch Coal has reported a third-quarter loss of $128.4-million, or $0.61 a share, compared with a profit of $45.8-million, or $0.22 a share, a year earlier. The US’s second-largest coal producer said that for the three months ended September 30, its adjusted net loss, excluding... 

More than 500 workers furloughed from James River Coal

By: Henry Lazenby     17th September 2013 US coal miner James River Coal late on Monday said it had idled production at several locations in Central Appalachia as a result of a continued weakness in the domestic and international coal markets, and furloughed 525 employees from its Eastern Kentucky operations. The Richmond, Virginia-based... 


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