The global aluminium industry is at a crucial turning point as the surge in demand driven by the clean energy transition meets the urgent need to decarbonise a sector known for its high energy consumption. From new smelter projects popping up in Asia to the shifting supply-demand balance in China, E ...
Alcoa’s stock came under pressure on Tuesday after Chief Executive William (Bill) F. Oplinger alerted that President Donald Trump’s steep tariff regime risks making aluminium prohibitively expensive and deflating demand for domestically produced steel and aluminium. Shares of the Pittsburgh-headquar ...
After the pandemic in 2020 and early 2021, global aluminium demand has made a strong comeback and is now on a steady growth trajectory. According to industry data, total global consumption hit 97.6 million tonnes in 2023 and is projected to rise to 100.8 million tonnes in 2024, primarily driven by t ...
In the early hours of Wednesday morning, a fire broke out at Tennessee Aluminum Processors (TAP) facility in Mount Pleasant, causing significant damage.
The blaze, which began at the Tennessee Aluminum Processors (TAP) plant, was sparked by a magnesium-laden slag pile that ignited, leading to int ...
Federal interest rate cut often creates a paradox. On one hand, it is intended to shore up economy by making borrowing cheaper and encouraging businesses to take loans to invest in hiring and expanding production. On the other hand, this exercise potentially leads to inflation, dampens stock market ...
The United States and China are edging closer to a landmark Boeing aircraft deal that could anchor a broader trade agreement between the two powers. US Ambassador to China David Perdue, said the negotiations are in their “final days,” signalling a breakthrough that has been long in the making.
Imag ...
After more than five years of research and development, an Italian multinational company founded in 1961 that designs and produces high-performance braking systems and components for vehicles, Brembo has finally launched the industry’s first calliper. These callipers are made entirely with recycled ...
Kenneth Calloway, the Senior Vice President of Human Resources of Century Aluminum, has reportedly sold 36 per cent of shares worth USD 452,000 at USD 27.50 per share.
In the last 12 months, the President of Century, Jesse Gary, made the biggest insider sale worth USD 1.5 million at USD 18.97 pe ...
A surge of aluminium auto body scrap is expected to hit salvage yards over the next decade as aluminium-intensive vehicles, such as Ford’s F-150 truck series introduced in 2015, reach the end of their life cycles.
Image source: Oak Ridge National Laboratory
By the early 2030s, ...
