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AlCircle China
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/Images/icons/news-icon.png Primary Aluminium - News
Ministry of Commerce and Industry not keen on MIP on aluminium /Images/icons/OpenNewWindowIcon.gif

There has been a continuous discussion between the Ministry of Mines and Ministry of Commerce and Industry regarding the imposition of minimum import price (MIP) on aluminium products since the third quarter of FY 2017. However, it appears that despite the insistence of the Mi ...

AlCircle.com
04/Mar/2017
Alcoa Corporation streamlines company structure /Images/icons/OpenNewWindowIcon.gif

Alcoa Corporation, a global leader in bauxite, alumina and aluminum products, today announced that it is consolidating its business units to reduce complexity. Effective immediately, the aluminum smelting, cast products and rolled products businesses, along with the majority o ...

Alcoa Corp. Press Release
03/Mar/2017
Rio Tinto to slash Boyne aluminium smelter's annual production /Images/icons/OpenNewWindowIcon.gif

Rio Tinto has planned to cut down 80,000 tonnes of annual production and more than 100 jobs at its Boyne aluminium smelter in Gladstone. The annual aluminium production of the smelter is valued at $US160 million at current prices. The reason behind this decision is that the co ...

AlCircle.com
03/Mar/2017
China orders production cut on alumina and aluminium to control pollution /Images/icons/OpenNewWindowIcon.gif

According to a Bloomberg News report, China has ordered aluminium producers to curtain their production capacity in 28 cities during winter months as Beijing has been facing smog problems for years. China has also ordered steel producer to cut their production capacity. The Ch ...

AlCircle.com
01/Mar/2017
Indonesia government to appoint Inalum to manage freeport management /Images/icons/OpenNewWindowIcon.gif

The Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan announced on 27 February in Jakarta that the government has planned to take over the management of PT Freeport Indonesia if it wins in the international arbitration tribunal. For that, the government w ...

AlCircle.com
28/Feb/2017
Vedanta wins Platinum and Gold at LACP Vision Awards /Images/icons/OpenNewWindowIcon.gif

The Annual Reports of Vedanta Limited and Vedanta Resources Plc won Platinum and Gold, in the Materials and Energy - Equipment & Services category respectively, at the LACP Vision Awards 2016. The awards recognize best practice in international financial reporting. Vedanta ...

Vedanta Resources Press Release
28/Feb/2017
Russia intends to form an OPEC for the aluminium industry /Images/icons/OpenNewWindowIcon.gif

According to TASS news agency, Russian Industry and Trade Minister Denis Manturov said yesterday 27 February, that Russia is planning to form an OPEC kind of network for the global aluminium industry. The Organization of the Petroleum Exporting Countries (OPEC) is an organizat ...

AlCircle.com
28/Feb/2017
U.S. Senator stands by Pennex Aluminum in their fight against unfair trade practices /Images/icons/OpenNewWindowIcon.gif

U.S. Senator Rob Portman (R-OH) recently visited Pennex Aluminum Company in Leetonia, Ohio to meet with aluminium manufacturing leaders and workers there and hear out the problems they have been facing in recent times due to rising unfair trade practices Portman commented: &ld ...

AlCircle.com
27/Feb/2017
EGA becomes the first GCC company to join Aluminium Stewardship Initiative /Images/icons/OpenNewWindowIcon.gif

The UAE-based Emirates Global Aluminium (EGA) has become a member of Aluminium Stewardship Initiative, which brings the world’s leading mining and metals companies together, that sets global standards for governance, environmental and social responsibility. With this E ...

AlCircle.com
24/Feb/2017
Alba signs MoU to support Bahrain's Economic Vision 2030 /Images/icons/OpenNewWindowIcon.gif

Aluminium Bahrain (Alba), the Bahrain-based international aluminium smelter, has inked a Memorandum of Understanding (MoU) for Joint Co-Operation with Bahrain Polytechnic to support Bahrain's Economic Vision 2030. The MoU was signed between Alba’s Chief Executive Officer ...

AlCircle.com
23/Feb/2017