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Tag: Inco Ltd

CVRD takes over Inco

Companhia Vale do Rio Doce (CVRD) has announced, on 24 October, that it has acquired 75.7% of Inco Ltd's shares thus taking control of the Canadian nickel company to become one of the world's three biggest diversified miners with a leading position in nickel, iron ore, bauxite, alumina and manganese.

Phelps Dodge to buy Inco, Falconbridge

Phelps Dodge Corp. made it official, on 26 June 2006, announcing an agreement to acquire Canadian miners Inco Ltd and Falconbridge Ltd for USD 40 billion.

Titanium for Goro project

Allegheny Technologies (ATI) will supply all wrought product forms made of the specialised Titanium Grade 28 to be used in Inco Ltd's Goro mining project pressure acid leaching heat exchanger system.

RTI to supply titanium to Inco

RTI International Metals Inc. is to provide the titanium alloy for a USD 1.4 billion nickel-cobalt mining facility being developed by Inco Ltd. at Goro in the French Overseas Territory of New Caledonia.

Inco appoints new CFO

Inco Ltd has announced the appointment of Farokh S. Hakimi as Executive Vice-President and Chief Financial Officer.

Inco proposes 34% emissions cut

Inco Ltd has confirmed that it has been in discussions with the Ontario (Canada) Ministry of the Environment (MOE) on a programme to comply with a draft control order for emissions at the company’s Sudbury Ontario smelting operations.

Inco chooses prime contractor for Goro project

Inco Ltd has announced that its 85%-owned subsidiary, Compagnie des Mines de Xéré (CMX) has reached an agreement in principle for a joint venture formed by Bechtel Overseas Corporation of the United States and Technip France SA of France to act as the prime contractor for construction of the Goro nickel-cobalt project in the French Overseas Territory of New Caledonia.

New Caledonian nickel-cobalt project

Inco Ltd has announced that its 85% owned subsidiary, Compagnie des Mines de Xere (CMX), has reached an agreement in principle for a joint venture formed by Bechtel Overseas Corporation of the USA and Technip France SA of France to act as the prime contractor for construction of the Goro nickel-cobalt project in the French Overseas Territory of New Caledonia.