Storvik has won a contract to operate and maintain the automated anode rod repair system at Alcoa's Mosjøen aluminium smelter in Norway. The agreement extends a partnership that began in 2016, when the company introduced its In-Line Rod Repair (ILRR) system at the plant. Storvik Mosjøen, a subsidiary of Storvik group will now handle the operation of the robotic repair line and maintenance of the anode yokes processed through it. Storvik Engineering built the system, with both companies working together on its installation and commissioning. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook " Anode rod assemblies are essential to primary aluminium...
Rio Tinto has secured a five-year operating arrangement for its Bell Bay aluminium smelter in northern Tasmania, backed by a government support package worth USD 200 million. The agreement includes a commitment to maintain a minimum level of employment at the 71-year-old facility until at least 2031, easing concerns over its future amid uncertainty about electricity costs. Rio Tinto's aluminium chief executive Jérôme Pécresse confirmed the employment commitment but did not disclose the number of jobs covered. The guarantee is understood to cover around 500 positions. Bell Bay currently employs about 550 people and supports a further 1,200 jobs, with its future previously uncertain as the company sought a new power agreement. Explore the production, demand and consumption forecasts of...
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... SHFE 1103 aluminum contract prices dipped steadily after opening slightly lower at RMB 16,755/mt, with prices dipping to a low of RMB 16,670/mt. Later, SHFE 1103 aluminum contract prices rallied following other base metals prices, and finally closed at RMB 16,740/mt, down RMB 0.27%. ..
...Aluminum smelters in China may face a “critical shortage” of power that prevents them from ramping up output in the first quarter of 2011, helping to buoy prices as stockpiles decline further, according to Macquarie Group Ltd...
...The Aluminum Association is currently being featured on an electronic billboard by the Letterman Theater in New York City, the heart of the theater district. The 10 second spot reminds consumers to make the green choice this holiday season by buying beverages in aluminum cans and recycling! ...
...Aluminium yesterday traded with the positive node and settled 0.99% up at 110.75. Although base metals prices lost gains during the day, the strong buying at the low-end of price range helped support aluminum prices...
...Shares of BHP Billiton plc (NYSE: BBL) hit a new 52-week high on Wednesday. The stock traded as high as $80.48 during mid-day trading and last traded at $80.28. The stock previously closed at $79.63...
...Members of United Steelworkers Local 9423 voted to accept Century Aluminum's most recent collective bargaining agreement at the company's Hawesville smelter...
...After a lengthy negotiation period, Alcoa employees will get a 4 per cent increase on their base salary under a new enterprise bargaining agreement...
... LME aluminum prices ended the upward trend last night, and fluctuated lower gradually after opening at an intraday high of USD 2,450/mt, and finally closed at USD 2,432/mt, down USD 30/mt compared with the previous trading day. Positions increased significantly by 22,881 lots, and LME aluminum inventories increased by 5,775 mt to 4,281,500 mt. ...
... SHFE 1103 aluminum contract prices opened higher at RMB 16,750/mt, and later climbed rapidly to break through RMB 16,800/mt. Although SHFE 1103 aluminum contract prices fell slightly to hit a low of RMB 16,705/mt ...
...Montreal-based engineers and construction managers SNC-Lavalin Group Inc. and 50-50 partner Hatch Ltd. said Wednesday they will accelerate their work on Rio Tinto Alcan’s $758-million aluminum pilot-plant project in Quebec’s Saguenay region for completion in 2013...
...Yunlv shares announced that recently Yunnan Aluminum Co.,Ltd received approval which was forwarded by China Nonferrous Metals Industry Association to National Ministry of Science and Technology...
...Metals service center shipments of steel and aluminum rose sharply in November, according to the latest Metals Activity Report, and the Metals Service Center Institute said this may signal of the beginning of a sturdier recovery for the metals industry...
...surged 0.81% to $14.89. Alcoa Inc. (Alcoa) is engaged in the production and management of primary aluminum, fabricated aluminum, and alumina combined...
...Aluminum Corp. of China (Chinalco), the state-owned parent of Chalco (601600.SH; ACH.NYSE; 2600.HK), is likely to unveil its plan in short time for development of rare earth resource in south China's Guangdong province, reported Wednesday China Economic Times...
...Russian aluminum producer United Co. Rusal PLC's board committee decided to continue considering an offer from mining giant OAO Norilsk Nickel to buy Rusal's 25% stake in the miner, the company said Wednesday...
...Global security brokers have been visiting South Korean trading companies in the past two weeks, offering to sell 1,000 mt of primary aluminum ingot, South Korean traders said Wednesday...
...Henan, China's top aluminium and lead producing province, has reduced power supplies to aluminium and lead smelters by 20 percent from this week, smelter sources said on Thursday...
...Reuters reported that the aluminium world is becoming ever more polarized, at least as far as production goes...
