Dec 8 (Reuters) - China Metal Resources Utilization Ltd <1636.HK>::SILVERY BOOM TO PURCHASE ABOUT 31 MILLION CO SHARES AT HK$3.0 PER SHARE FROM YU JIANQIU.- EPOCH KEEN TO SELL, AND TAIHE GROUP (HONG KONG) TO PURCHASE 715.4 MILLION SHARES OF CO AT HK$3.0 PER SHARE.CHINA METAL RESOURCES UTILIZATION-SILVERY BOOM TO BUY SHAREHOLDING IN EPOCH KEEN FROM YU JIANQIU AT HK$3.0/SHARE IN RELATION TO REMAINING 291 MILLION SHARES.
Oct 26 (Reuters) - OUTOTEC OYJ :OUTOTEC PLANS TO OUTSOURCE PART OF ITS GERMAN-BASED PROJECT ENGINEERING ACTIVITIES TO CITEC.PLANNED OUTSOURCING WILL NOT HAVE AN IMPACT ON OUTOTEC'S FINANCIAL GUIDANCE FOR 2017.TARGET IS TO TRANSFER APPROXIMATELY 70-80 OUTOTEC EMPLOYEES TO CITEC.
Oct 24 (Reuters) - Ningbo Boway Alloy Material Co Ltd <601137.SS> ::Says it plans to dissolve its Yuhuan-based branch, to improve operational efficiency .
Atlas Consolidated Mining And Development Corp : Clarifies on news article entitled “denr cancels 75 mining contracts” posted in Manila Bulletin . Informs that co and its subsidiaries are not stated in the said news article . News article has no material impact on the company's business, operations and financial condition .Co did not received notice from DENR regarding mine cancellations.
Ji Lin Ji En Nickel Industry Co Ltd <600432.SS>:Says it resolved to dissolve a wholly owned Jilin-based investment subsidiary.
Allegheny Technologies Inc : Allegheny technologies announces actions to improve future financial performance . Actions are expected to improve ATI's annual operating income by about $50 million beginning in 2017 . Total charges from actions, including tax valuation allowance, are expected to be $4.89 per share . In addition, actions are expected to generate about $50 million of cash flow from lower managed working capital . Expects to record total pre-tax, non-cash impairment charges of about $470 million for idled facilities . Expects to record pre-tax shutdown and idling costs of about $34 million ($23 million after tax, or $0.22 per share) . ATI's Rowley, UT titanium sponge facility will be idled by end of 2016 . As a result of actions, expects total pre-tax, non-cash impairment charges of about $470 million for idled facilities . $4.83 per share of total charges from actions is expected to be recognized in Q3 2016 and remainder in Q4 2016 . Will also record about $183 million, or $1.71 per share, in non-cash income tax valuation allowances related to U.S. Federal tax benefits . Consolidating certain higher cost titanium hot-working operations in Albany . Total charges expected to be $4.89 per share, of which $4.83 per share expected to be recognized in Q3, remainder in Q4.