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Recent Posts in ‘Aluminum, Iron-Ore and Practical Metals’

Hondo Minerals E-Leach Extraction Technology is Attracting Interest from Other Mining Companies Around the World

CHLORIDE, AZ, March 8, 2012 /PRNewswire/ – Hondo Minerals Corporation (OTCBB: HMNC.OB) announced today that it has begun using its proprietary E-Leach extraction technology to evaluate several mining companies resources around the world. These companies are furnishing to Hondo samples for testing and evaluation using Hondo’s technology due to the recent proven successes experienced from the extractions […]

Iron Creek Reports Drilling Results from its Pampa Sur Precious Metals Project, Chile

VANCOUVER, Feb. 22, 2012 /PRNewswire/ – Iron Creek Capital Corp. (TSX-V: IRN – “Iron Creek”) is pleased to report results from the drilling program carried out at its wholly owned Pampa Sur silver-gold project in northern Chile (see news release dated November 7th, 2011). The principal targets of the program are low-sulphidation, epithermal precious metals quartz veins of a type […]

AK Steel Announces Price Increase For Carbon Steel Products

WEST CHESTER, Ohio, Dec. 20, 2011 /PRNewswire/ — AK Steel (NYSE: AKS) said today that it will increase current spot market base prices for all carbon flat-rolled steel products by $50 per ton, effective immediately with new orders. AK Steel AK Steel produces flat-rolled carbon, stainless and electrical steels, primarily for automotive, infrastructure and manufacturing, construction and electrical power generation […]

Commercial Metals Company’s Board Recommends Stockholders Reject Carl Icahn’s Tender Offer and Not Tender Their Shares

IRVING, Texas, Dec. 19, 2011  /PRNewswire/ — Commercial Metals Company (NYSE: CMC) today announced that its Board of Directors, after consultation with its independent legal and financial advisers, unanimously recommends that Commercial Metals Company (“CMC”) stockholders reject the unsolicited tender offer (the “Offer”) from IEP Metals Sub LLC, an affiliate ofCarl Icahn (“Mr. Icahn”), to acquire CMC for $15.00 per share, […]

Alcoa Announces Record Employee Volunteerism Rate

NEW YORK–(BUSINESS WIRE)– Alcoa (NYSE: AA – News) announced today a record 56 percent, or more than 31,000 employees, volunteered in their communities during the company’s annual Worldwide Month of Service held in October. The 14 percent increase over last year beats U.S. company- sponsored volunteer programs, which average between 17 and 31 percent, according to the Boston […]

Alcoa Defense (AA) Introduces ArmX™ Armor, Latest Innovation in Armor Alloys

Alcoa announced today the launch of the latest innovation in armor alloys that provide optimal protection and survivability for the Defense market with the advantages of light weighting with aluminum. The new armor solution was introduced today at the annual AUSA (ASMFQ.PK) show here. The new armor alloy — ArmX — builds upon Alcoas more […]

AK Steel (AKS) Acquires Iron Ore and Metallurgical Coal Interests

AK Steel (AKS) announced today that it has formed a joint venture with an existing company that will produce iron ore concentrate, a feedstock for iron-based steelmaking raw materials, and, in a separate transaction, acquired all of the stock of a company with significant reserves of low volatile metallurgical coal (met coal), used to produce […]

Kaiser Aluminum Corporation (KALU) Announces a Five-Year, $300 Million Senior Secured Revolving Credit Facility

Kaiser Aluminum Corporation (KALU) today announced that it has entered into a $300 million, five-year senior secured revolving credit facility by amending and restating the Company’s previously existing facility. The amended facility increases the lending commitment by $100 million, provides more favorable pricing and greater flexibility, and extends the maturity date from March 2014 to […]

Nichols Aluminum President Elected Chairman of the Board of Aluminum Association

Thomas Brackmann, President of Nichols Aluminum, a division of Quanex Building Products (NYSE:NX) has been elected to the Aluminum Association as Chairman of the Board, effective September 13, 2011. Mr. Brackmann had previously served as its Vice-Chairman and is replacing the outgoing Chairman Steven J. Demetriou. Working globally, the Aluminum Association serves as the voice of […]