Latest Base metals industry News

Unity Software, Turquoise Hill fall; Gilead, Moderna rise

Aug. 15, 2022 16:24 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Exxon Mobil Corp.. down $1.68 to $92.32. Energy stocks slipped along with falling crude oil prices. Gilead Sciences Inc., up $3.25 to 66.21. The drug...

Electric vehicle battery-related plant announced in Kentucky

Aug. 08, 2022 04:11 AM EDT

FRANKFORT, Ky. (AP) — Lotte Aluminium Materials USA plans an aluminum foil manufacturing operation to serve the electric vehicle battery industry in Kentucky and is expected to create 122 full-time jobs. The company is investing $238.7 million in the plant in Hardin County, Gov....

Relatives of POWs call on Red Cross to help find loved ones

Aug. 05, 2022 14:20 PM EDT

KYIV, Ukraine (AP) — Relatives of prisoners of war captured by the Russians following the fall of Mariupol gathered in central Kyiv Thursday demanding information about their husbands, fathers and sons following a strike on a prison housing POWs in a separatist region of eastern Ukraine last week...

Russia brands Ukrainian steel plant defenders terrorists

Aug. 02, 2022 17:34 PM EDT

KYIV, Ukraine (AP) — Russia’s Supreme Court declared Ukraine’s Azov Regiment a terrorist organization Tuesday, a move that could lead to terror charges against some of the captured fighters who made their last stand inside Mariupol's shattered steel plant. Russia and its...

Bravery of Azovstal defenders recalled at Kyiv funeral

Jul. 22, 2022 18:27 PM EDT

KYIV, Ukraine (AP) — When he gave himself up to Russian forces in May at the pulverized Azovstal steel mill in Mariupol, the wounded Ukrainian soldier could not say a proper goodbye to his slain friend, whose body had to be left behind with hundreds of other dead. The former...

Gov seeks to salvage aluminum mill deal promised to Kentucky

Jul. 21, 2022 17:17 PM EDT

FRANKFORT, Ky. (AP) — Gov. Andy Beshear made a pitch Thursday to a steel company that took over plans to build an aluminum plant once promised to Kentucky, hoping to salvage a deal struck by his predecessor. Beshear said his economic development team has reached out to Steel...

Steelmaker moves ahead on effort to build plant in Southeast

Jul. 20, 2022 18:39 PM EDT

A steel producer has announced plans to build and operate an aluminum mill in the southeastern U.S., after reaching a deal with the company that so far has failed to deliver on its promise to put the plant in Kentucky — even with financial backing from the state. The announcement...

Japanese firm shifts copper foil plans from SC to Georgia

Jul. 20, 2022 14:17 PM EDT

AUGUSTA, Ga. (AP) — A Japanese company announced plans Wednesday for a $150 million plant to make copper foil for electric vehicle batteries in Augusta, Georgia, instead of at its previously announced location near an existing Camden, South Carolina, facility. Nippon Denkai's...

Stop yelling at tourists, say police in Arizona destination

Jul. 14, 2022 14:17 PM EDT

JEROME, Ariz. (AP) — Police in a old Arizona mining town that gets 1 million tourists annually are warning residents to stop yelling at visitors or they could face harrassment charges. Jerome, population about 450, was once home to one of Arizona's largest copper mines and is now...

Some residents in Jerome yelling at tourists over parking

Jul. 13, 2022 16:57 PM EDT

JEROME, Ariz. (AP) — More than 1 million people a year visit the small north-central Arizona town of Jerome, the former home to one of Arizona’s largest copper mines and now a hub for artists. But police have a problem these days. They say some residents are yelling at tourists...