Latest Base metals industry News

Drug spoon sculpture placed outside drugmaker headquarters

Jun. 22, 2018 1:23 PM EDT

STAMFORD, Conn. (AP) — An 800-pound, nearly 11-foot-long steel sculpture of a bent and burned drug spoon was placed Friday in front of the Connecticut headquarters of drugmaker Purdue Pharma as part of an art protest against the opioid crisis. Artist Domenic Esposito and art gallery owner Fernando Alvarez...

Lawsuit challenges federal leases for planned Minnesota mine

Jun. 21, 2018 2:48 PM EDT

MINNEAPOLIS (AP) — Nine Minnesota businesses that rely on the Boundary Waters Canoe Area sued the Interior Department and its Bureau of Land Management on Thursday, challenging their decision to reinstate the federal mineral rights leases for the proposed Twin Metals copper-nickel mine near Ely. The...

The Latest: Minnesota mining company will fight lawsuit

Jun. 21, 2018 2:47 PM EDT

MINNEAPOLIS (AP) — The Latest on a lawsuit challenging mineral rights leases for a planned Minnesota mine (all times local): 1:45 p.m. A company that wants to build a copper-nickel mine near the northeastern Minnesota town of Ely says it will fight a lawsuit that seeks to revoke its federal mineral rights...

Lawmakers rip tariffs enacted in name of national security

Jun. 21, 2018 12:49 AM EDT

WASHINGTON (AP) — Pointing to damage done to home-state companies, lawmakers from both parties Wednesday criticized tariffs the Trump administration has imposed on imported steel and aluminum products in the name of national security. The Trump administration has turned to a little-used weapon in trade...

Sweden starts construction on fossil fuel-free steel plant

Jun. 20, 2018 1:15 PM EDT

BERLIN (AP) — Sweden has started construction on a factory that will test whether it's feasible to make steel without burning fossil fuels. Utility firm Vattenfall said Tuesday it has teamed up with steel company SSAB and mining firm LKAB to build the 1.4-billion Swedish krona ($158 million) pilot plant....

The Latest: AMA calls for an end to border separations

Jun. 20, 2018 12:05 AM EDT

WASHINGTON (AP) — The Latest on Congress and immigration (all times EDT): 12:01 a.m. The largest U.S. doctors' group, the American Medical Association, is urging the Trump administration to end promptly the practice of separating children from their migrating families at the southern border. The AMA's...

In World Cup's shadow, layoffs and anger at Russian factory

Jun. 15, 2018 7:45 AM EDT

VOLGOGRAD, Russia (AP) — Beneath Volgograd's baking early morning sun, clouds of midges pester factory workers at the Red October steelworks as they clock in. These workers are the lucky ones — they're still employed, while many of their colleagues were temporarily laid off because of the World Cup....

Sen. Tina Smith's amendment would complete PolyMet land swap

Jun. 8, 2018 6:54 PM EDT

MINNEAPOLIS (AP) — Sen. Tina Smith has proposed an amendment to force completion of a land swap needed for the proposed PolyMet copper-nickel mine in northeastern Minnesota, a move that drew criticism from environmentalists Friday. The Minnesota Democrat plans to offer the amendment to a major defense...

As trade fears grow, US states reach out to companies

Jun. 8, 2018 5:03 AM EDT

HACHIOJI, Japan (AP) — President Donald Trump's trade relations with Tokyo are testy, but Idaho gave Takashi Suzuki a warm welcome. Suzuki, president of Sakae Casting Co. , which manufactures aluminum parts used for cooling batteries and semiconductors, first went to Silicon Valley looking for...

23 miners rescued in northeastern China after blast kills 11

Jun. 6, 2018 1:06 AM EDT

BEIJING (AP) — Rescuers pulled 23 miners to safety after a blast at an iron mine in northeast China trapped them underground and killed 11 others, the government said Wednesday. The search was continuing for two workers still missing after explosives that were being transported to a mine blew up near the...