Dallas, TX 10/24/2009 1:22:34 AM
News / Business

URZ, LIWA, MTX are Top Basic Materials Stocks

Materials Stocks Alert

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Uranerz Energy Corp. (AMEX:URZ) surged 6.94% to $1.85 on huge volume of 360k shares after it announced that the Wyoming Department of Environmental Quality ("WDEQ") – Air Quality Division has approved and issued the air quality permit for the Company's Nichols Ranch ISR Uranium Project. The WDEQ – Air Quality Division has issued Permit No. CT-8644 is the form of a Permit to Construct the Nichols Ranch Uranium ISR Project which includes the Nichols Ranch Central Processing facility and the Hank Satellite plant. This is the first operational permit for the construction of the Nichols Ranch Uranium ISR Project to be issued to Uranerz by the State of Wyoming.


Lihua International, Inc. (NYSE:LIWA) notched up 11.20% to $8.64 on a huge volume of 303k shares. The stock has a 52-week range of $4.60-$10.69. Lihua International, Inc. is a copper clad aluminum (CCA) superfine magnet wire producers in China. The Company operates in the bimetallic wire manufacturing industry. It sells its products in China either directly to manufacturers or through distributors in the wire and cable industries and manufacturers in the consumer electronics, white goods, automotive, utility, telecommunications and specialty cable industries.


Minerals Technologies Inc (NYSE:MTX) surged 5.38% is trading at $51.47 with a huge volume of 202k shares after it announced that it will expand its satellite precipitated calcium carbonate (PCC) plant at a paper mill owned by Suzano Papel é Celulose, S.A. in Suzano, Brazil. The facility, which was originally constructed in 1996, is operated by Minerals Technologies do Brasil Comercia é Industria de Minerais Ltda.

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