CORRECTED: Metal Co. Settles US Case Over Nuclear-Use Exports

Law360, New York (March 11, 2011, 10:47 PM EST) -- TW Metals Inc. on Friday agreed to pay $575,000 in civil penalties to the U.S. Department of Commerce for illegally transporting titanium tubing and aluminum bar through Canada to China and Israel nearly 50 times between 2004 and 2007.

The Exton, Pa.-based company allegedly exported titanium alloy to China 48 times between April 2004 and August 2007, and aluminum bar once to Israel in July 2007 without obtaining required licenses from Commerce, according to an order settling the matter.

Commerce's Bureau of Industry and Security said...
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