Latest Base metals industry News
Kentucky recovers $15 million investment in failed project
LOUISVILLE, Ky. (AP) — Kentucky has recovered a $15 million state investment in a failed aluminum mill project that sat undeveloped for five years. Gov. Andy Beshear said Thursday the state is also in the process of having the 200-plus acre site returned in the form of a donation...
Ukraine’s Mariupol defenders, Putin ally in prisoner swap
KYIV, Ukraine (AP) — Ukraine announced a high-profile prisoner swap early Thursday that was the culmination of months of efforts to free many of the Ukrainian fighters who defended a steel plant in Mariupol during a long Russian siege. In exchange, Ukraine gave up a prominent ally of Russian...
Steel plant defenders, Putin ally exchanged in prisoner swap
KYIV, Ukraine (AP) — Ukraine announced a high-profile prisoner swap early Thursday that culminated months of efforts to free many of the Ukrainian fighters who defended a steel plant in Mariupol during a long Russian siege. In exchange, Ukraine gave up an ally of Russian President Vladimir Putin....
Tribes seek more details on water use at Arizona copper mine
FLAGSTAFF, Ariz. (AP) — An environmental review for a proposed copper mine in eastern Arizona did not adequately analyze the potential impacts of climate change and the strain that drought and demand have put on water resources in the region, a U.S. Bureau of Land Management report has found. ...
Australian miner Fortescue reveals $6.2 billion carbon plan
CANBERRA, Australia (AP) — Australian iron ore miner Fortescue Metals Group announced on Tuesday a $6.2 billion plan to eliminate fossil fuels and carbon emissions from its operations by the end of the decade. The world’s fourth-largest iron ore producer expects to save $818...
Steelworker dies after industrial accident at Indiana mill
EAST CHICAGO, Ind. (AP) — A steelworker who was injured last week in an industrial accident at a northwest Indiana steel mill has died at a Chicago hospital, officials said. Michael Osika, 44, of Schererville died Saturday after being injured Thursday at the Cleveland-Cliffs...
14 people die in iron mine flood in China, 1 missing
BEIJING (AP) — Chinese authorities said Saturday that 14 people had died and one remained missing after a flood at an iron mine earlier this month. The search and rescue operation has ended and an investigation into the cause of the Sept. 2 flood is underway, the Tangshan city...
GM plans $491M Indiana plant upgrade to help support EVs
DETROIT (AP) — General Motors said Thursday it will spend $491 million to expand and upgrade an Indiana metal stamping plant for production of steel and aluminum stamped parts for “future vehicles," including electric vehicles. The automaker said it would install two new press...
Former Arizona mine inspector Joe Hart dead at 78
PHOENIX (AP) — Joe Hart, a businessman and former state lawmaker who served as Arizona's elected mine inspector for 15 years before resigning last year, has died, Gov. Doug Ducey' office announced Monday. Hart was 78 and died on Sunday, according to Ducey's office. The cause of...
Electric-motor watercrafts maker to open plant in WVa
WHITE SULPHUR SPRINGS, W.Va. (AP) — Pure Watercraft will manufacture electric-motor pontoon boats in West Virginia, Gov. Jim Justice announced. The Seattle-based company will invest at least $5 million in a former steel plant in the Northern Panhandle community of Beech Bottom and...
