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 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 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 as part of earlier announced plan to curtail 615,000 tonnes of its annual output. For full story, click here
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
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
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
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
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
Aluminum price dropped by USD 5 per tonne and lead price dropped by USD 17 per tonne. For full story, click here
Friday, January 30, 2009