Aldex Co., Ltd. Announces Conversion of Convertible Bonds into Shares

Friday, January 30, 2009

Aldex Co., Ltd. announced that its 11th, 12th, 14th and 15th convertible bonds have been converted for combined 2,376,436 shares of the Company, at the conversion price of KRW 1,336, KRW 1,317, KRW 1,315 and KRW 1,315 per share, respectively. For full story, click here

Century Aluminum Company Announces Common Stock Offering

Friday, January 30, 2009

Century Aluminum Company announced that it plans to offer 6,500,000 newly issued shares of its common stock under an effective shelf registration statement on file with the Securities and Exchange Commission. For full story, click here

Century Aluminum Prices Common Stock Offering

Thursday, January 29, 2009

Century Aluminum Company announced the pricing of the underwritten public offering of 24,500,000 shares of its common stock at a price to the public of $4.50 per share. All of the shares are being offered by Century Aluminum. For full story, click here

Alcoa to trim output at Fusina aluminium smelter in Italy

Thursday, January 29, 2009

Alcoa to trim output at Fusina aluminium smelter in Italy as part of earlier announced plan to curtail 615,000 tonnes of its annual output. For full story, click here  

Rio Tinto to shed 1,100 employees to cut costs

Tuesday, January 27, 2009

Rio Tinto Alcan said plans to cut another six percent of aluminium output and will also cut alumina production, shed 1,100 employees to cut costs. For full story, click here

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Columbia Falls Aluminum is to curtail the last operating potline

Tuesday, January 27, 2009

Columbia Falls Aluminum is to curtail the last operating potline at its 168,000 tonnes per year (tpy) smelter in the United States. For full story, click here

Dowa Holdings Co Ltd said it would curb output

Tuesday, January 27, 2009

Japan’s Dowa Holdings Co Ltd said it would curb output by about 10 percent from its initial plan from February. For full story, click here

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Many existing producers have shut down or curtailed output

Tuesday, January 27, 2009

Many existing producers have shut down or curtailed output at mines and plants as high costs and low prices bite. For full story, click here

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BHP Faces $1.7 Billion Charge on Mine Closure, Jobs

Monday, January 26, 2009

The copmany may take $1.7 billion in one-time charges after closing a nickel mine in Australia and slashing 6,000 jobs as the global recession curbs demand for minerals. For full story, click here

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Aluminum price dropped by USD 5 per tonne

Monday, January 26, 2009

Aluminum price dropped by USD 5 per tonne and lead price dropped by USD 17 per tonne. For full story, click here

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