查看更多>>摘要：Canadian base metals producer Noranda saw a net loss of 92m Canada dollars in 2001 compared to earnings of 293m Canada dollarsin 2000. The company was hit particularly badly in the fourth quarter when it recorded a 62m Canada dollars loss before restructuring charges of 22m Canada dollars. In 2000 the company's net fourth-quarter earnings were 71m Canada dollars. David Kerr, Noranda's chairman and ceo, said: "2001 was a mixed year for Noranda. The severe drop-off in global economic activity had a significant negative impact on our financial results."
查看更多>>摘要：Amara Raja Batteries Ltd, the Chennai-based Valve Regulated Led Acid (VRLA) battery manufacturer, would roll out its latest range of products for the mid-size UPS segment soon. The company is currently in the process of identifying channel partners for marketing the products across the country. The company has developed the new product in its in-house R&D centre attached to its factory in Tirupathi in Andhra Pradesh. Amara Raja has a state-of-the-art battery development center, which it plans to make a major global centre in association with its joint venture partners, the Johnson Controls of the US. "The UPS battery range would be the major launch by the company this year. We are expecting to put in place the channel network before March, so that we can introduce the product very soon", sourced added.
查看更多>>摘要：Depressed nickel prices slashed Indonesian nickel producer PT Inco's earnings to 9.3m dollars for the year ended December 2001, compared to 80.5m dollars a year earlier. The company also posted a loss of 8m dollars in the fourth quarter of 2001 compared with a 16.9m dollars gain in die same period of 2001. Adversely affected by weak nickel prices, the company's realised price for nickel-in-matte in the fourth quarter of 2001 averaged 3,928 dollars per ton, down 36 percent from the comparable quarter in 2000.
查看更多>>摘要：Russia's largest nickel, copper and precious metals producer Norilsk Nickel will resume exports of nickel in February, the company said last Thursday. Exports were suspended at the end of December 2001 due to low global prices. Norilsk Nickel is planning to export about 57000 metric tons of nickel in February. This year exports of nickel are expected to remain at around 2001 levels of 177,400 tons, the company said.
查看更多>>摘要：Indonesia has passed a new decree on exports of tin-in-concentrate, but has stopped short of an outright ban on overseas sales. Although the Ministry of Industry in Jakarta indicated a willingness eventually to ban concentrates exports, the decree announced by industry and trade minister Rini Suwandi late last week will instead lead to the introduction of a licensing system for exports of tin concs. Effective February I, tin-in-concentrate is now considered a "strategic commodity" to be sold only by licensed exporters. A further ruling on the implementation of the decree is expected later this week. Until then, however, Indonesia's largest tin producer PT Timah is reserving judgment.
查看更多>>摘要：European secondary aluminium prices have shot up by around 50 euros per toll due to a continued shortage of material in Eastern Europe and surprisingly strong levels of demand from auto manufacturers. Prices for pressure diecast ingot have quickly spiralled to over 1,500 euros per toll within a week. Tills comes after the sharp price gains seen earlier in the year slowed toward the end of January.
查看更多>>摘要：A rush of bookings prior to tile start of the Chinese New Year holidays next week has boosted prices on copper wire scrap. Suppliers of Barley No I have been tile biggest gainers over the past week, securing sales into China at between 1,540 dollars and 1,550 dollars per ton c&f. "Prices have definitely gone higher," commented a trading source in Singapore. Berry No I wire is lower Ill price, as demand from Chinese buyers is weaker. "There's a little bit of a discount on Berry as there is not such a strong market in China," said a Hong Kong trader. Nevertheless, prices have risen slightly: in Singapore, market sources placed Berry No 1 at just below the 1,500 dollars c&f China port mark.
查看更多>>摘要：Extrusion grades have been the only notable mover over the past week in a quiet market for aluminium scrap in East Asia. Prices for 6063 extrusions into China and Hong Kong have moved up to above the 1,300 dollars per toil c&f level for February business, though any further upward movement is likely to be curtailed by the forthcoming Chinese New Year holidays.
查看更多>>摘要：Worldwide titanium shipments will probably fall by over 15 percent tills year, and a return to last year's level is at least two years away, according to the chief executive of tile largest US producer. But J. Landis Martin, chairman of Titanium Metals Corp, Denver, emphasised at American Metal Market's Titanium Strategies 2002 conference in Scottsdale, Arizona, last week that tile current downturn is not expected to last as long as earlier slumps. He and other executives are also looking for emerging markets to account for a larger share of tile upturn than during past cycles. "We don't see a recovery for worldwide shipments until the timeframe of 2004-2005," said Martin, addressing tile business decline brought on by a cutback ill commercial transport orders due to tile airlines' financial woes and tile aftermath of September 11's terrorist attacks.
查看更多>>摘要：The Union Minister for Coal and Mines, Mr Ram Vilas Paswan7 has called for reducing the existing lag between the level of technology in the Indian mines and quarries and some of their counterparts in the developed countries. Inaugurating Stona 2002, the Fifth International Granites and Stones Fair in Bangalore, Mr Paswan said, "the know-how can be acquired only through interaction. The existing investment gap in the mining sector needs to be bridged by the private sector, and more importantly by the multinational corporations."
NSTL