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The company said it has secured fixed-price metal sales contracts for September, October and part of November and said it continues to explore securing contracts for its remaining 2009 metal production.
At the end of July Ormet issued a job layoff warning to 982 employees. The company said that since that time, it has been working hard to maintain operations and protect jobs.
Ormet said it now anticipates layoffs of no more than 100 people through the remainder of 2009.
The company's smelter is on the Ohio River, 25 miles south of Moundsville.
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