Century Aluminum’s proposed USD 4 billion primary aluminum smelter in Inola, Oklahoma, is “moving forward on all fronts” as the company prepares for construction, despite local opposition and legal challenges, CEO Jesse Gary said during the company’s third-quarter earnings call. Developed jointly by Century Aluminum and Emirates Global Aluminium (EGA), the project is designed to produce 750,000 tonnes of primary aluminum annually, potentially doubling U.S. primary aluminum production. The facility is expected to create thousands of direct and indirect jobs and add USD 1.5 billion to Oklahoma’s gross domestic product, according to company estimates. The partners had targeted construction to begin by the end of 2026. However, local restrictions and permitting challenges have affected the...
LME aluminium stocks declined by more than half during the first nine months of 2026, falling by 267,875 tonnes from 509,250 tonnes on January 2 to 241,375 tonnes on September 30 (52.6 per cent). The decline continued throughout the period, with average warehouse inventories falling each month. Compared with the same period in 2025, monthly average stocks were lower across all nine months, with the gap widening in the third quarter. Q1 LME aluminium stocks fall 18.2 per cent LME aluminium inventories continued to decline during Q1 2026. Month-end stocks fell from 495,725 tonnes in January to 465,550 tonnes in February, before dropping further to 416,775 tonnes in March. Monthly average inventories stood at 498,670 tonnes in January, 481,801 tonnes in February and 440,710 tonnes in March....
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Alcoa, a manufacturer of primary and fabricated aluminum, is enhancing the environmental performance and energy efficacy of its alumina refinery located in San Ciprian, Spain, by shifting to natural gas from fuel oil. The company has set up liquefied natural gas storage tanks at the alumina complex. The San Ciprian alumina complex features an alumina facility, a major aluminum plant and other common service amenities. It produces 1.5 million tons of alumina and 250,000 tons of aluminum annually.
Brazil June Aluminum Output Falls 7.5% From Year Ago
Alcoa expects the automotive sector to now grow by 4-8%, down from 5-11% projected during the March quarter, and commercial building and construction to grow at 1-3%, compared with 2-3%.
With a stake sale of gold miner Newmont Nusa Tenggara in limbo, the government has set its eyes on the divestment in 2013 of another company controlled by foreigners — Indonesia Asahan Aluminium. “Is there a plan to buy shares in companies similar to Newmont? I think, yes,” said Soritaon Siregar, head of the Government Investment Center (PIP). “The closest is Inalum whose contract ends in 2013,” he said, referring to the aluminum company. “PIP will try to buy all of the shares offered.” After PIP purchases the shares in Inalum, the government will open bidding for domestic companies that want to be involved in the Indonesia-Japan joint venture, Soritaon said.
An avid proponent of Emiratization, Dubai Aluminium Company Limited (DUBAL) fully supports the vision of H H Sheikh Hamdan Bin Rashid Al Maktoum (Deputy Ruler of Dubai, UAE Minister of Finance and Chairman of DUBAL) regarding Emiratization of the country’s workforce. The company has established dedicated Emiratization strategies and policies, with the support of top management, to ensure that UAE Nationals are developed to take on challenging roles with increased responsibilities within the organization.
Emirates Aluminium (EMAL) has announced that 29 Emirati students are taking part in a new expanded Summer Training programme at the Taweelah aluminium smelter this month, designed to bridge the gap between theoretical studies and practical experience.
On July 15, the US Department of Labor announced that June CPI was down 0.2% MoM, worse than the expected 0.1%. Later US FED announced June industrial production growth was 0.2%, lower than the expected 0.3%. As weak US economic data and spreading European debt crisis dampened investor risk appetite, the US dollar index gained support at 75 and rose to test the 5-day moving average. However, upward space for the US dollar index was limited by the slowing economic recovery in the US. The US dollar index finally closed at 75.146, slightly up by 0.03%. During European trading hours, as the US dollar index fluctuated at high levels, LME aluminum prices fell below USD 2,500/mt and hit the lowest USD 2,473/mt of the day. While LME aluminum inventories were continuously decreasing during recent...
China's production of primary aluminum is likely to rise at least 8% in the H2 of the year from the first, thanks to new capacity and steady prices that prompt smelters to use idle capacity. Industry sources said that H2 output would not be hurt by Beijing's tighter curbs on new projects because the government was targeting projects planned but not completed. High production in the world's top aluminum producer and consumer could lead to strong exports of semi finished aluminum products and low imports of primary aluminum in the H2. Exports of Chinese primary aluminum are expected to stay low since China sets 15% tax on exports. In June aluminum production reached a fourth consecutive monthly record of 1.591 million tonnes as a result of startups of new capacity from March to May which...
Weston Aluminium says a trial involving the processing of hazardous waste in the Hunter Valley has been so successful it is looking to extend it. The company has applied to the New South Wales Government to process up to 200 tonnes of spent potlining material at the Weston furnace. A recent trial processed 40 tonnes of the material from the Kurri Kurri and Tomago aluminium smelters. Managing director Garbis Simonian says it is crucial the material is converted instead of pumped into landfill.
Saudi Arabian Mining Co. (Ma’aden) said Sunday its profit doubled in the second quarter. Ma’aden made a net profit of SR62.5 million ($16.7 million) in the three months to end-June, compared to SR31.2 million in the same period a year earlier. Analysts surveyed by Reuters expected the firm to post, on average, net profit of SR44.98 million for the second quarter.
Aleris named Mr Jeffrey A Byrd VP of Aleris Operating System effective July 1st 2011. Mr Byrd will lead this global operating system of integrated principles, operating practices and tools to drive transformational and continuous improvements. He will report to Mr Steven J Demetriou chairman and CEO of Aleris.
Kaiser Aluminum Corporation announced that its Board of Directors has declared a quarterly cash dividend payment of USD 0.24 per share on the Company's outstanding common stock. The dividend will be payable on August 15th 2011 to shareholders of record at the close of business on July 25th 2011.
BS reported that Mr B L Bagra acting CMD and director finance of Nalco said that the company would choose the partner for its ambitious USD 4 billion Indonesian aluminum smelter project in the next fortnight.
Aluminum Bahrain's participation as a sponsor and exhibitor in Aluminum China 2011 provides an ideal platform to promote the company's products globally expand its customer base across Asia as well as position Bahrain as an attractive economic destination for international investors.
Being an industrial enterprise, whose activities and processes pose inherent potential risks Dubai Aluminum Company is conscious of the need to safeguard the environment and to protect the safety and health of both employees and the residents of surrounding communities. The company is equally committed to absolute quality in the products and services offered to customers across the world. This is reflected in DUBAL's corporate certification to several major international quality standards, two of which have been renewed recently following audit based visits by assessors from the certification body Lloyd’s Register Quality Assurance LRQA.
Aluminum Bahrain has delivered another progress its sales figures for H1 2011 rose by 4.3% from H1 2010 to 445,370 tonnes ahead of the company's own forecast for the period and exceeded the sales figures from the previous year with 18,305 tonnes.
Sales at Aluminium Bahrain (Alba), which owns the world’s fourth-largest aluminum smelter, edged up 0.8 percent in the second quarter, the company said. Alba said sales were 228,357 tons in the second quarter, up from 226,539 tons in the prior-year period. It said production was unaffected by the unrest. “Our sales and production figures prove that progress can be accomplished despite the prevalence of severe challenges,” Alba Chief Executive Laurent Schmitt said in a statement. “We are confident that with the support of our loyal and dedicated employees, Alba is well-placed and remains optimistic with a positive outlook for the remainder of 2011.” For the first half of 2011, Alba said sales stood at 445,370 tons, up by 18,305 tons from the prior-year period. It cited a more focused...
At MCX, Copper for delivery in August tumbled by 0.29% or INR 1.25 at INR 433 per kilogram where as aluminum ended flat at INR 111.2 per kilogram. While Lead weakened by 0.99% or INR 1.2 at INR 120.55 per kilogram, Zinc rose by 0.72% or INR 0.75 at INR 105.25 per kilogram and Nickel increased by 1.6% or INR 16.9 at INR 1069.9 per kilogram. At Comex, the Copper futures for most active September contract settled higher by 0.01 cent or 0.27% at USD 4.4035 per pound last night. Three month delivery copper on LME ended higher by USD 165.5 or 1.74% at USD 9685.5 per tonne. Lead ended higher by 3% to USD 2752 per tonne and nickel rose by 2.73% to USD 23,735 per tonne. Aluminum ended flat at USD 2480.5 per tonne and zinc rose by 2.3% to end at USD 2,325 per tonne.
