Forging press rebuild
Alcoa has announced that funding has been approved for the complete repair and refurbishment of its 50,000tn forging press at the company’s Cleveland Works. Fenix nickel project update
Canadian base-metals-miner HudBay Minerals has announced that they expect to make a final decision on whether to proceed with the Fenix nickel project, in Guatemala, around the middle of next year. Tata Steel to set up JV
Tata Steel Ltd is setting up a JV with New Millennium Capital Corp. for development of the Direct Shipment Ore project in Canada. Mexico: Project Ethylene XXI
Braskem S.A., in association with the Mexican corporate group IDESA, has won the auction held by Pemex Gas, a state-owned Mexican company, for the acquisition of ethane, which will be used as feedstock for an integrated petrochemical project to be developed in that country (Project Ethylene XXI). RathGibsons12-head polisher
With RathGibson’s newly installed 12-head mechanical polisher, the company now offers ultra-fine OD finishes for their finest precision engineered welded, welded and drawn, and seamless tubing.
Universal Stainless & Alloy Products Inc.’s President and Chief Executive Officer, Dennis Oates, and Vice President of Finance and Chief Financial Officer, Richard Ubinger, spoke at the Davenport Metals & Mining Conference in New York City on 5 November 2009.
Denbury Resources Inc. and Encore Acquisition Co. have entered into a definitive merger agreement pursuant to which Denbury will acquire Encore in a transaction valued at USD 4.5 billion, including the assumption of debt and the value of the minority interest in Encore Energy Partners LP.
A titanium mining project in Kwale has been hit by a new wave of confusion after a Chinese company opted out of an agreement to take control of the project from a Canadian company.
Royal Dutch Shell has gained permission from the US Government to drill for oil and gas in the Beaufort Sea off the coast of Alaska.
NX Infrastructure Inc. has relocated its headquarters from the UK to Jacksonville, Florida, and hopes that production of its rebar will begin in 2010.