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Ormet continues to sell off raw materials

December 29, 2013

HANNIBAL - Ormet Corp. continues shedding raw materials needed to run its closed smelter, including the sale of 688 metric tons of aluminum fluoride to Noranda Aluminum Inc....

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Dec-29-13 1:28 PM

That's what they want to do in the future. Ormet wants to build it's own gas powered plant and it would be done in 2016. PUCO wants them to use electric 2 years past that date, which makes no sense. That's just part of the problem.

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Dec-29-13 4:54 AM

Why didn't Ormet switch to gas instead of electric since they obviously have gas revenues coming in from the property?

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