Latest Base metals industry News

Editorial Roundup: Minnesota

Jun. 29, 2022 23:49 PM EDT

Minneapolis Star Tribune. June 25, 2022. Editorial: Ruling should end cop funding nonsense Minnesota Supreme Court rightly decides that Minneapolis must follow its charter requirements. Minnesota’s highest court recently made it official: Minneapolis...

US Steel upgrading MN mill to produce specialty pellets

Jun. 29, 2022 11:47 AM EDT

MINNEAPOLIS (AP) — U.S. Steel plans to spend $150 million to upgrade one of its two Minnesota mines to produce a new kind of iron ore feedstock now used in the majority of the nation's steel mills. The specialty “DR-grade” pellets are used to make a purer form of iron that is...

Yacht of wealthiest Russian oligarch docked in haven Dubai

Jun. 28, 2022 12:16 PM EDT

DUBAI, United Arab Emirates (AP) — The man considered to be the wealthiest oligarch in Russia, who has been photographed playing ice hockey with President Vladimir Putin, joins a growing list of those transferring — or, sailing — their prized assets to Dubai as the West tightens its massive...

Cyberattack forces Iran steel company to halt production

Jun. 27, 2022 14:04 PM EDT

DUBAI, United Arab Emirates (AP) — One of Iran’s major steel companies said Monday it was forced to halt production after being hit by a cyberattack that also targeted two other plants, apparently marking one of the biggest such assaults on the country’s strategic industrial sector in recent...

Kentucky aluminum plant idling, laying off 600 workers

Jun. 24, 2022 10:00 AM EDT

HAWESVILLE, Ky. (AP) — A large aluminum plant in Kentucky is temporarily halting production and laying off more than 600 workers due to rising energy costs. Century Aluminum has announced plans to shut down its Hawesville smelter for 9 to 12 months starting in August. The plant,...

Feds issue draft assessment that could doom Minnesota mine

Jun. 23, 2022 17:41 PM EDT

ST. PAUL, Minn. (AP) — The U.S. Forest Service issued a draft environmental assessment Thursday to lay the foundation for a proposed 20-year moratorium on copper-nickel mining upstream from the Boundary Waters Canoe Area Wilderness. Formally, the proposal would “withdraw” from...

In climate fight, EU lawmakers back stricter emission caps

Jun. 22, 2022 12:43 PM EDT

BRUSSELS (AP) — European Union lawmakers stepped up the fight against global warming Wednesday by requiring deeper emission cuts from power plants, factories and planes in the EU and by endorsing an unprecedented import tax. The European Parliament advanced draft climate...

'The impossible': Ukraine's secret, deadly rescue missions

Jun. 22, 2022 04:26 AM EDT

KYIV, Ukraine (AP) — As was his habit before each flight, the veteran Ukrainian army pilot ran a hand along the fuselage of his Mi-8 helicopter, caressing the heavy transporter’s metal skin to bring luck to him and his crew. They would need it. Their destination — a besieged...

Chevron donates equipment for offshore marine habitat

Jun. 15, 2022 16:38 PM EDT

PASCAGOULA, Miss. (AP) — Surplus equipment from Chevron's Pascagoula Refinery is getting a new purpose. Five carbon-steel structures from a recent refinery project were slated to be recycled. That’s until a Chevron worker suggested repurposing the equipment as artificial fishing...

Florida building collapse probe to begin structural testing

Jun. 15, 2022 12:59 PM EDT

The federal investigation into the deadly collapse of a Florida beachfront condominium building is entering a new phase that involves cutting and drilling into concrete and steel to determine what role they played in the disaster, officials said Wednesday. The National Institute of...