Aluminum division of Anglo-Australian mining giant Rio Tinto has sold its 80 percent stake in Ghana Bauxite Company to Chinese firm, Bosai Minerals Group.

Concern about cadmium found in jewelry grew as new testing of adult necklaces and bracelets detected high levels of the toxic material -- as much as 75 percent by weight.

Aluminum manufacturer said Tuesday that its engineered products division will be realigned and that there are now two new chief operating officers.

Australian packaging company Amcor completed its purchase of Rio Tinto’s Alcan business for almost $2 billion, helping the global miner reduce its debt.

China’s steel industry faces difficult odds as it tries again to use its economic clout and booming demand for steel to get cheaper iron ore prices from global miners.

Italian Premier Silvio Berlusconi is appealing to Alcoa to hold off on temporarily idling its two smelters in Italy until the European Commission rules on electricity tariffs.

Company and union officials say steel maker is planning to restart blast furnace at northwestern Indiana mill, which could put hundreds of workers back on the job.

Pittsburgh manufacturing giant reported a fourth-quarter loss of $267 million, and expects that trend to continue this quarter.

Steelmaker says its fourth-quarter earnings tumbled 44 percent, as the company dealt with soft demand for construction products and steel for automobiles.

Steel giant ArcelorMittal will lay off 171 steelworkers at its tin mill in West Virginia so it can remain competitive amid 'extraordinary economic conditions.'