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AlCircle China
/Images/icons/news-icon.png Primary Aluminium - News
Week in Review: Mergers and technology tie-ups mark Primary Aluminium amid volatility /Images/icons/OpenNewWindowIcon.gif

Primary aluminium industry this week was abuzz with news of big companies merging to create leading global entities, aluminium smelters signing technology partnerships with automation giants, and India showing strong aluminium demand prospects for the long-term. Here’s a r ...

Alba’s recent power outage causes 3- 5% loss of total production /Images/icons/OpenNewWindowIcon.gif

The Bahrain-based global aluminium smelter Alba experienced a power station outage on Wednesday April 5, 2017. The company had faced a temporary loss of power in all five Reduction Lines for approximately 3 hours. The company has restored all power operations. Due to the power ...

CME Group plans to close CME Europe, CME Clearing Europe by year-end /Images/icons/OpenNewWindowIcon.gif

CME Group has announced that it intends to close its London-based derivatives exchange and clearing house, CME Europe and CME Clearing Europe, by year-end 2017. During the coming months, CME Group will work closely with all market participants and regulators to ensure a smooth t ...

Scrap Register
Vedanta Resources completes Vedanta - Cairn merger /Images/icons/OpenNewWindowIcon.gif

Vedanta Limited and Cairn India Limited have announced that the merger of Cairn India with Vedanta has become effective from today, April 12 2017. Based on CY 2016 reported EBITDA of diversified natural resources companies globally, Vedanta is ranked #6 among the global diversif ...

Top April aluminium events to look out for /Images/icons/OpenNewWindowIcon.gif

Winter is over and the spring has slowly started putting colours in nature’s landscape. Positive trends in the global aluminium market, news of alumina and aluminium capacity cut in China and a stable US dollar have made April the perfect time to attend some of the major gl ...

India expected to start auction of commercial coal mines shortly /Images/icons/OpenNewWindowIcon.gif

The government of India may start the process of commercial coal mine auction once it receives public feedback on the discussion paper floated by the coal ministry.  These mines will not be restricted to any particular end use of the coal. The private miners will be able to ...

Aluminium industry supplier in USA closes door due to industry downturn /Images/icons/OpenNewWindowIcon.gif

A century old Freeport Brick Co., which was bought by Fuzion Technologies in 2005, will shut down on April 30, according to the United Steelworkers union in Pittsburgh. The plant produces fire bricks that line industrial equipment such as kilns and furnaces and supplies to steel ...

Vedanta Resources CEO Tom Albanese sets to leave by August 2017 /Images/icons/OpenNewWindowIcon.gif

A company statement from the London listed Vedanta Resources Plc confirms that its CEO) Tom Albanese will leave the $2.7 billion Indian resources giant by the end of August after completing his three years tenure. "Vedanta Resources...Has agreed to extend the Executive Service ...

Coal India expects production growth of 2.5% this fiscal /Images/icons/OpenNewWindowIcon.gif

Against a required production growth rate of nearly 11 per cent during FY2016-17, Coal India is likely to close the year with a 2.5 per cent growth and a 2 per cent rise in sales over the previous year. “We hope to achieve a 2.5 per cent production growth by the end of thi ...

The Economic Times
Rio Tinto chief cautious about aluminium industry restructuring in China /Images/icons/OpenNewWindowIcon.gif

During the FT Commodities Global Summit in Lausanne, Jean-Sébastien Jacques, CEO of Rio Tinto said that China’s crackdown on polluting steel furnaces would lead to greater demand for higher-quality raw material iron ore. The restructuring of the country’s state ...