Metals
Chinese-Backed Zhongwang USA Snaps Up Aleris Corp
| Charissa Echavez | | Aug 31, 2016 11:22 AM EDT |
Investment firm Zhongwang USA LLC has agreed to buy Ohio-based aluminum company Aleris Corp for $2.33 billion including debt, the Chinese aluminum maker backed by Liu Zhongtian said on Monday, marking the biggest deal a Chinese firm has offered for a US metals producer.
Smelters find ways to cope amid China’s overproduction
| Eana Maniebo | | Oct 10, 2015 12:25 PM EDT |
China's overproduction has prompted demands for alternative smelters and production cuts. Outside China, forced smelter closures and pressured prices has led several Western aluminum producers to accuse China of unfair competition.
New Discovery Says Carbon Dioxide Can Turn into Carbon Nanofiber Through Steel Fibers
| Eana Maniebo | | Aug 23, 2015 06:29 PM EDT |
The same team of researchers that developed a zero-carbon dioxide cement and fertilizer has recently discovered a novel way of turning carbon dioxide (CO2) into carbon nanofiber.
Russian Mining Companies Share Billions Worth of Dividends to Investors
| Eana Maniebo | | Apr 24, 2015 05:31 AM EDT |
Russian companies are sharing the wealth to their investors before the global demand slows, preventing the drastic effects of the tilting economy. Because of China's decelerating economic growth, prices of major metals have decreased.
New Laser Technology Makes Water-Repellent Metals
| Marco Foronda | | Jan 22, 2015 08:42 AM EST |
The material is so strongly water-repellent, the water actually gets bounced off.
Chinese Scientists Claim High-Temperature Technology is a Chinese Invention
| Sami Ghanmi | | Nov 30, 2014 07:54 PM EST |
High-temperature technology was used to produce delicate celadon pieces.
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