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BASE METALS HIGHLIGHTS: Top Stories Of The Day

267 days ago
LONDON (Dow Jones)--Russian state-controlled hydropower monopoly RusHydro (HYDR.RS), a partner of aluminum giant United Company Rusal in the development of the Boguchansk Energy and Metals Complex, or BEMO, has proposed a divorce plan on the project, RusHydro's spokesman told Dow Jones Newswires Monday.

MOSCOW (Dow Jones)--Kazakhstan exported 31,300 metric tons of alumina in January-March, 5.94 times the amount exported in January-March 2008, the state statistics committee said Monday.

SYDNEY (Dow Jones)--OZ Minerals Ltd. (OZL.AU) said Monday that recent drilling indicates the resource at a copper deposit near its Prominant Hill mine has increased by about a third.

NEW YORK (Dow Jones)--Rising equities and a lower U.S. dollar prompted investors and funds to buy copper futures Monday.

LONDON (Dow Jones)--Base metals on the London Metal Exchange traded mixed Monday, recovering from session lows late in the day due to higher U.S. equities and a weaker U.S. dollar.

-By Matt Whittaker, Dow Jones Newswires; 201-938-5959; matt.whittaker@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=sHihGrv5aLF4CzQ%2F8Oj99A%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

May 18, 2009 15:33 ET (19:33 GMT)
 
   TOP STORIES: 
 
RusHydro: Proposes Rusal To Separate Interests In BEMO 
 
   STORIES OF INTEREST: 
 
Kazakhstan Jan-Mar Alumina,Zinc,Copper,Lead Exports Up On Yr 
 
OZ Minerals: Western Copper Deposit At 245,000 Tons, Up 32% 
 
   MARKETS: 
 
BASE METALS: NY Copper Gains On Rising Equities, Lower Dollar 
 
BASE METALS: LME Copper Recovers Losses On Higher US Equities 


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