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Encyclopedia > INCO
Inco Limited
Type Public
Founded (1902)
Headquarters Toronto, Ontario, Canada
Key people Scott Hand, Chairman & CEO,
Peter Jones, President & COO,
Robert Davies CFO,
Peter Goudie, EVP - Marketing,
Sandra Scott, executive director - Investor Relations,
Simon Fish, EVP - General Counsel & Secretary,
Bruce Drysdale, VP - Government & Public Affairs,
Bill Napier, VP - Environment & Health
Industry Mining
Products Nickel, copper, cobalt, PGMs
Revenue $4.5 billion USD (2005)
Employees 11,700 (2005)
Slogan Building the world's leading nickel company.
Website www.inco.com/
An Inco Limited nickel mine in Thompson, Manitoba.
An Inco Limited nickel mine in Thompson, Manitoba.

Inco Limited is a Canadian mining and metals company, headquartered in Toronto, Ontario. It is the world's second largest producer of nickel, and the third largest mining company outside South Africa and Russia of platinum-group metals. A charter member of the newly expanded 30-stock Dow Jones Industrial Average (October 1, 1928), Inco was replaced by Boeing in 1987. Image File history File links Download high-resolution version (2616x743, 48 KB)INCO This is a logo of an organization, item, or event, and is protected by copyright and/or trademark. ... A public company is a company owned by the public rather than by relatively few individuals. ... 1902 (MCMII) was a common year starting on Wednesday (see link for calendar). ... Motto: Ut Incepit Fidelis Sic Permanet (Latin: Loyal she began, loyal she remains) Official languages English (de facto) Flower White Trillium Tree Eastern White Pine Bird Common Loon Capital Toronto Largest city Toronto Lieutenant-Governor James K. Bartleman Premier Dalton McGuinty (Liberal) Parliamentary representation  - House seats  - Senate seats 106 24... A Chairman is the presiding officer of a meeting, organization, committee, or other deliberative body. ... A Chief Executive Officer (CEO), or Chief Executive, is the highest-ranking corporate officer, administrator, corporate administrator, executive, or executive officer, in charge of total management of a corporation, company, organization or agency. ... President is a title held by many leaders of organizations, companies, trade unions, universities, and countries. ... A Chief Operating Officer (COO) is a corporate officer responsible for managing the day-to-day activities of the corporation. ... The Chief Financial Officer (CFO) of a company is the corporate officer primarily responsible for managing the financial risks of a business. ... The abbreviation EVP may refer to: Enhanced Virus Protection, a feature found in modern AMD processors. ... Executive director is a title given to a person who is the head of an executive branch of an organization or company. ... The abbreviation EVP may refer to: Enhanced Virus Protection, a feature found in modern AMD processors. ... A vice president is an officer in government or business who is next in rank below a president. ... A vice president is an officer in government or business who is next in rank below a president. ... The platinum group or platinum metals is the collective name sometimes used for six chemical elements within the periodic table. ... Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ... Image File history File links Green_Arrow_Up_(Darker). ... ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory[1], the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... Look up slogan in Wiktionary, the free dictionary. ... A website (or Web site) is a collection of web pages, typically common to a particular domain name or subdomain on the World Wide Web on the Internet. ... Image File history File links Inco_Mine_Manitoba. ... Image File history File links Inco_Mine_Manitoba. ... Location of Thompson within the province of Manitoba. ... This article is about mineral extraction. ... Hot metal work from a blacksmith In chemistry, a metal (Greek: Metallon) is an element that readily forms positive ions (cations) and has metallic bonds. ... Template:Hide = Motto: Template:Unhide = Diversity Our Strength Image:Toronto, Ontario Location. ... General Name, Symbol, Number nickel, Ni, 28 Chemical series transition metals Group, Period, Block 10, 4, d Appearance lustrous, metallic and silvery with a gold tinge Atomic mass 58. ... The platinum group or platinum metals is the collective name sometimes used for six chemical elements within the periodic table. ... The Dow Jones Industrial Average (NYSE: DJI, also called DJIA, Dow 30, or informally the Dow Jones index or the Dow) is one of several stock market indices created by Wall Street Journal editor and Dow Jones & Company founder Charles Dow. ... October 1 is the 274th day of the year (275th in leap years) in the Gregorian calendar. ... Year 1928 (MCMXXVIII) was a leap year starting on Sunday (link will display full calendar). ... The Boeing Company (NYSE: BA, TYO: 7661 ) is an aerospace and defense corporation headquartered in Chicago, Illinois. ...


The International Nickel Company was founded in New Jersey, USA, in 1902 through the merger of Canadian Copper, the Orford Copper Company, the Société Minière Caledonienne, Joseph Wharton's American Nickel Works in Camden, NJ, and others. Control was transferred to the International Nickel Company of Canada, Ltd., upon its founding in 1916. The International Nickel Company of Canada, Ltd., first began using the trade name Inco in 1919. For the Bon Jovi album, see New Jersey (album) Official language(s) None, English de facto Capital Trenton Largest city Newark Area  Ranked 47th  - Total 8,729 sq mi (22,608 km²)  - Width 70 miles (110 km)  - Length 150 miles (240 km)  - % water 14. ... Joseph Wharton ( March 3, 1826 – January 11, 1909) founded the Wharton School at the University of Pennsylvania, and co-founded the Bethlehem Steel company. ... Tweeter Center The City of Camden is the county seat of Camden County, New Jersey in the United States. ...


Inco began with the Canadian Copper Company following the discovery of copper deposits in Sudbury, Ontario. Initially, ore was shipped for smelting to a plant in Constable Hook, New Jersey owned by the Orford Copper Company. Processing soon revealed that the ore was also rich in nickel and exploration tests revealed an enormous potential. In 1902 the International Nickel was created as a joint venture between Canadian Copper, Orford Copper, and American Nickel Works. In 1916, the International Nickel Company of Canada was incorporated as the operating company in Copper Cliff near Sudbury, and in 1918 the company built a new refinery in Port Colborne, Ontario. Greater Sudbury (2001 census population 155,219) is a city in Northern Ontario. ... Constable Hook also called Constables Hook, is a short cape located on the north side of the outlet of Kill van Kull into Upper New York Bay (). It forms the eastmost extent of the industrial Port Johnson in southeast Bayonne. ... Joseph Wharton ( March 3, 1826 – January 11, 1909) founded the Wharton School at the University of Pennsylvania, and co-founded the Bethlehem Steel company. ... Copper Cliff is a community in the Canadian city of Greater Sudbury, Ontario. ... Location of Port Colborne in the Niagara Region Port Colborne (2001 population 18,450) is a city on Lake Erie, at the southern end of the Welland Canal, in the Niagara Region of southern Ontario, Canada near Niagara Falls. ...


In 1929 the corporation underwent a major expansion by absorbing the British owned Mond Nickel Co. Head office was established in Toronto, Ontario. During World War II, Inco's Frood Mine produced 40% of the nickel used in artillery by the Allies. In 1972 the Inco Superstack was built in Sudbury. In 1976, the company’s name was officially changed to Inco Limited. Template:Hide = Motto: Template:Unhide = Diversity Our Strength Image:Toronto, Ontario Location. ... Combatants Allied powers: China France Great Britain Soviet Union United States and others Axis powers: Germany Italy Japan and others Commanders Chiang Kai-shek Charles de Gaulle Winston Churchill Joseph Stalin Franklin Roosevelt Adolf Hitler Benito Mussolini Hideki Tōjō Casualties Military dead: 17,000,000 Civilian dead: 33,000... Artillery with Gabion fortification Cannons on display at Fort Point Continental Artillery crew from the American Revolution Firing of an 18-pound gun, Louis-Philippe Crepin, (1772 – 1851) A forge-welded Iron Cannon in Thanjavur, Tamil Nadu. ... Look up ally in Wiktionary, the free dictionary. ... The Inco Superstack from a distance of about 10 km, seen from the far side of Lake Ramsey. ... Motto: Template:Unhide = Location City Information Established: 1883 (as Sudbury) 2001 (as Greater Sudbury) Area: 3,354 km² Population:  - City (2001)  - CD Rank  - Municipal Rank 155,219 20th in Canada 26th in Canada Population density: 46. ...


In order to generate cash Inco sold its manufacturing sites of nickel alloys to Special Metals Corporation in 1998. Special Metals Corporation however filed Chapter 11 in March 2002. Besides nickel, Inco produces copper, cobalt, platinum, palladium, rhodium, ruthenium, iridium, gold, and silver. Special Metals Corporation, headquarted in Huntington, West Virginia, is a supplier of refractory alloys. ... Chapter 11 of the Bankruptcy Code governs the process of reorganization under the bankruptcy laws of the United States. ... General Name, Symbol, Number copper, Cu, 29 Chemical series transition metals Group, Period, Block 11, 4, d Appearance metallic pinkish red Atomic mass 63. ... This article or section does not cite its references or sources. ... General Name, Symbol, Number platinum, Pt, 78 Chemical series transition metals Group, Period, Block 10, 6, d Appearance grayish white Atomic mass 195. ... General Name, Symbol, Number palladium, Pd, 46 Chemical series transition metals Group, Period, Block 10, 5, d Appearance silvery white metallic Atomic mass 106. ... Rh redirects here. ... General Name, Symbol, Number Ruthenium, Ru, 44 Chemical series transition metals Group, Period, Block 8, 5, d Appearance silvery white metallic Atomic mass 101. ... General Name, Symbol, Number iridium, Ir, 77 Chemical series transition metals Group, Period, Block 9, 6, d Appearance silvery white Atomic mass 192. ... General Name, Symbol, Number gold, Au, 79 Chemical series transition metals Group, Period, Block 11, 6, d Appearance metallic yellow Atomic mass 196. ... General Name, Symbol, Number silver, Ag, 47 Chemical series transition metals Group, Period, Block 11, 5, d Appearance lustrous white metal Atomic mass 107. ...


On October 11, 2005, Inco announced a friendly takeover bid to buy out the operations of longtime rival Falconbridge for $12 billion. If approved, the deal would have made Inco the world's largest producer of nickel. Xstrata (who already owns ~20% of Falconbridge shares) subsequently submitted a hostile takeover bid for Falconbridge, resulting in what would best be described as a bidding war between Inco and Xstrata. The Xstrata bid was successful, but not before Falconbridge employed a poison pill to delay the acquisition, raising its share price from $28 to $62.50 in the meantime. October 11 is the 284th day of the year (285th in leap years) in the Gregorian calendar. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... Falconbridge Limited TSX: FAL NYSE: FAL was a Toronto, Ontario-based natural resources company with operations in 18 countries, involved in the exploration, mining, processing, and marketing of metal and mineral products, including nickel, copper, cobalt, and platinum. ... Xstrata plc is an international mining company. ... Falconbridge Limited TSX: FAL NYSE: FAL was a Toronto, Ontario-based natural resources company with operations in 18 countries, involved in the exploration, mining, processing, and marketing of metal and mineral products, including nickel, copper, cobalt, and platinum. ... Hostile takeover can refer to: For the business usage see takeover. ... Falconbridge Limited TSX: FAL NYSE: FAL was a Toronto, Ontario-based natural resources company with operations in 18 countries, involved in the exploration, mining, processing, and marketing of metal and mineral products, including nickel, copper, cobalt, and platinum. ...


Teck Cominco submitted a hostile takeover bid to purchase Inco on May 8, 2006 for $16 billion if it agreed to abandon its takeover of Falconbridge. On June 26 of the same year, Phelps Dodge submitted a friendly takeover bid to purchase a combined Inco and Falconbridge for around $40 billion; that offer was also withdrawn because of the failure of the Inco-Falconbridge merger. Teck-Cominco TSX: TEK is a Canadian mining company. ... May 8 is the 128th day of the year in the Gregorian Calendar (129th in leap years). ... For the Manfred Mann album, see 2006 (album). ... June 26 is the 177th day of the year (178th in leap years) in the Gregorian Calendar, with 188 days remaining. ... Phelps Dodge Corporation NYSE: PD was founded in 1834 by Anson Greene Phelps and William E. Dodge. ...


On August 14, 2006 Brazilian mining company CVRD extended an all-cash offer to buy Inco. That offer received approval from the Canadian government's investment review agency on October 19, and was accepted by Inco shareholders on October 23. CVRD has stated that the company plans to maintain CVRD Inco as a separate nickel mining division; its current nickel mining projects in Brazil, including at Onca Puma and Vermelho, will also be transferred to Inco's management. Inco was delisted from the TSX on January 5, 2007 and NYSE on November 16, 2006. August 14 is the 226th day of the year in the Gregorian Calendar (227th in leap years), with 139 days remaining. ... For the Manfred Mann album, see 2006 (album). ... Companhia Vale do Rio Doce - CVRD is a global diversified mining company and is also the largest logistics operator in Brazil. ... October 19 is the 292nd day of the year (293rd in leap years) in the Gregorian calendar. ... October 23 is the 296th day of the year (297th in leap years) in the Gregorian calendar. ...


In 2006 Inco was removed from the FTSE4GOOD index for failing to met their human rights criteria.[1]


Currently, Inco has operations in twenty countries around the world including the Goro Nickel project area in New Caledonia and the Voisey's Bay nickel-copper-cobalt deposits in Labrador. It also has six operating mines in Greater Sudbury including Creighton Mine which is the deepest underground excavation in Canada. Voiseys Bay, located in Newfoundland and Labrador, approximately 38 kilometres south-west of Nain, is the location of a large nickel deposit discovered in September of 1993 by Archean Inc. ... Labrador (also Coast of Labrador) is a region of Atlantic Canada. ... Motto: {{Unhide = {{{}}}}} Aedificemus (Come, let us build together) Location City Information Established: 1893 (as Sudbury) 2001 (as Greater Sudbury) Area: 3,354 km² Population:  - City (2001)  - CD rank  - Municipal rank 155,219 20th in Canada 24th in Canada Population density: 46. ... Creighton Mine is a ghost town in the Ontario city of Greater Sudbury. ...


External links

  • Inco Limited
  • Rheebu Nuu - indigenous group attempting to halt Inco's mining projects in the South Pacific

  Results from FactBites:
 
Inco - Wikipedia, the free encyclopedia (547 words)
Inco Limited TSX: N NYSE: N is a Canadian mining and metals company, headquartered in Toronto, Ontario.
A charter member of the newly expanded 30-stock Dow Jones Industrial Average (October 1, 1928), Inco was replaced by Boeing in 1987.
In 1972 the Inco Superstack was built in Sudbury.
  More results at FactBites »

 
 

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