Belgium Sells Atomium Aluminum Sheeting
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The aluminum sheeting from the Atomium, Belgium's most famous landmark, is being sold as scrap metal to raise funds for a much-needed renovation, officials said Wednesday.
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The new aluminum rolled products company to be spun off from Alcan Inc. (AL.TO: Quote, Profile, Research) will assume $2.8 billion of debt, according to a prospectus
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GLOBAL miner BHP Billiton Ltd and the world&#39;s largest aluminium producer, Alcoa Inc, plan to raise up to $US100 million ($138 million) in calendar 2004 by selling shares in their metal-processing
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So long, hydrocarbons; hello, aluminum.
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Alcoa Inc.  is selling its entire stake in Aluminum Corp of China Ltd , the world's third-largest producer of alumina, to raise up to U.S.$2 billion, a term sheet said on Wednesday.
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A metal pad that can recharge devices placed on top of it has come to market.
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Rexel , the world's biggest electrical parts distributor, officially launched its 3.1 billion euro ($4.45 billion) bid for Dutch rival Hagemeyer  on Friday, assisted by privately owned Sonepar.
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MONTREAL/LONDON  - Anglo-Australian miner Rio Tinto Ltd/Plc  has agreed to buy Canada's Alcan Inc.  for $38.1 billion to create the world's largest aluminum producer, trumping a hostile bid by Alcoa Inc.
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Canadian aluminum producer Alcan Inc. reported Thursday that it agreed to sell its ferroalloy division Pechiney Electrometallurgie to Ferroatlantica for more than 100 million euro ($136.2 million).
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Dutch builder Royal BAM Groep   said on Tuesday it is selling its U.S. subsidiary  Flatiron Construction Corp for 172 million euros ($242.7  million) to Germany&#39;s Hochtief AG  and raised its 2007  sales and profit targets.
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Aluminum, the stuff of cans, explodes in its nano form. A small start-up has decided to harness that property.
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The chemicals arm of US-based oil giant ExxonMobil is to expand the capacity of its hydrocarbon fluids plant in Antwerp, Belgium to 70,000 tons per year. The company has not disclosed any financial details but the project is expected to be completed during the fourth quarter of 2007.
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A battery developed by Matsushita Electric Industrial that delivers 1.5 times the power of a regular alkaline battery is going on sale in the United States and Europe in April 2005.
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This may be the time to make a move on Aluminum Corporation of China.
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SYDNEY/LONDON  - Anglo-Australian miner Rio Tinto Ltd/Plc has agreed to buy Canadian aluminum company Alcan Inc. for $38.1 billion, in a bid to create the world's biggest aluminum company.
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Aluminum producer Alcoa said Thursday it will transfer its rights to a bauxite deposit in Brazil to its majority owned joint venture, Alcoa World Alumina and Chemicals, and will realize a significant gain in the fourth quarter.
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Alstom, a maker of coal-fired power stations, agreed to buy EcotÃ¨cnia of Spain to enter the wind energy market. Alstom will pay 350 million euros ($471 million) for EcotÃ¨cnia, which also makes solar panels, it said. The purchase will help Alstom, which is based in Paris, expand in the United States and Asia, it said. Buying EcotÃ¨cnia strengthens Alstomâs presence in renewable energy as governments seek alternatives to coal, gas and oil. Alstom also sells hydroelectric equipment and worked with Russiaâs state nuclear agency in April to develop atomic plants.