Hints and tips:
...The price of aluminium scrap in the US could fall if US exports of its scrap to China were hurt by tariffs imposed by Beijing, Mr Palmieri said....
...Freeport and Anglo-Australian peer Rio Tinto will sell their shares and interests in the local joint venture Freeport Indonesia, which runs the Grasberg mine, to state-owned resources company Indonesia Asahan Aluminum...
...The sale of the Dunkerque smelter follows a big run-up in aluminum prices....
...“The impact of Abenomics on aluminium scrap prices was big,” said Kanji Udakawa, an official at Japan Aluminum Can Recycling Association....
...Evidence of this emerged late last year when shareholders forced miner Rio Tinto to scrap its contentious £19.5bn deal with Chinalco, the Chinese state-controlled company, in favour of a joint venture with...
...“Currently, Europe consumes 20 per cent of global copper output and 15 per cent to 25 per cent of aluminum, zinc, nickel and lead production....
...Sims Metal Management, the world’s largest scrap metal recycler, dived 7.1 per cent to A$19.86 after reporting a 39 per cent decline in first-half sales....
...Mr Grayling has told bidders for ID card contracts an incoming Conservative government would scrap the project immediately. This is hardly a secret....
...The statement was made in response to a query from the Australian Securities Exchange after the shares plunged on mounting speculation that Rio would scrap the Chinalco deal in favour of a deeply discounted...
...One alternative would be to go ahead with the sale of $13.2bn in asset stakes to Chinalco but scrap the convertible bond – which has enraged shareholders by ensuring that they will be diluted – and instead...
...Spot copper prices have gained more than 40 per cent this year, but market watchers attribute much of this jump to the shutdown of the scrap market, as prices remain too low to justify recycling used copper...
...One top 10 investor said: “A scrap of paper won’t appease us. We want a fundamentally better deal”....
...Steel companies were relieved by BHP’s decision to scrap its Rio bid....
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