Alcoa has moved its proposed acquisition of South32's bauxite, alumina and aluminium interests forward with a US SEC filing, with the transaction carrying an implied enterprise value of up to USD 5.6 billion. Alcoa Corporation has filed a Form S-4 registration statement with the US Securities and...
The Pentagon has announced a USD 174 million financing package for the aluminium producer Alcoa to set up a gallium production facility at its Wagerup alumina refinery in Western Australia, bringing critical mineral production into the refinery’s operations. The new facility is expected to produce...
Grow with
AL Circle
Graham Kerr, the CEO of South32 does not anticipate a global recession but said that the economic outlook is dormant because of the war in Europe, the Covid epidemic in China and rising commodity prices that may worsen in the coming months. On Tuesday, mining and energy stocks were mostly released...
Sales at Alcoa Corp. fell as a result of protracted supply chain interruptions, sparking concerns that the tie-ups will diminish consumer demand for aluminium. In the first quarter, the Pittsburgh-based aluminium maker reported sales of $3.29 billion, which fell short of the $3.44 billion. Due to a...
This week the world’s primary aluminium segment reflected sporadic yet crucial changes. LME aluminium benchmark price on Monday, April 11, had opened the week with a fall of 4.72 percent to register at US$3,234.50 per tonne. However, on Thursday, April 14, the price had inched up by 0.95 percent to...
On Thursday, April 14, Alcoa Corporation announced that it entered into a supply agreement with Speira to provide low-carbon EcoLum™ aluminum. Speira is a global aluminium rolling and recycling company, consisting of seven manufacturing facilities and one R&D centre. It serves the automotive,...
Alcoa is an American industrial corporation and is one of the largest producers of bauxite, alumina, and aluminium products, with a goal of reinventing the aluminium sector for a more sustainable future. On Monday, April 11, Alcoa announced that the Australian governments have contributed $7.7...
Alcoa Corporation has reportedly bagged the ASI Performance Standard Certification under Provisional Status for its smelting and casting operation at Massena, New York, USA. Known as the longest interrupted operating aluminium facility in the world, Alcoa Massena plant dates back to 1902,...
In April 2020, Alcoa announced the suspension of its Ferndale smelter in Washington, following diminishing demand and dropping metal prices. However, war-related sanctions on Russia that had caused aluminium spot price to reach a record high, has boosted the reopening campaign of the Alcoa Intalco...
Alcoa Corporation global leader in bauxite, alumina and aluminium products announced the completion of its most waited project in Quebec, Canada, which is expected to enhance the stability, efficiency and output of the Deschambault aluminium smelter. The smelter has completed the installation of...
According to Platts report, Alcoa’s chief financial officer Willian Oplinger shared his forecast that aluminum prices would continue to inflate while alumina supply to become tighter as a result of international sanctions imposed on Russia due to its military invasion of Ukraine. “It’s a very fluid...
Benjamin (Ben) Kahrs, the Executive Vice President and Chief Innovation Officer of Alcoa is responsible for the American industrial corporation’s breakthrough innovation and global Information Technology and Automated Solutions (ITAS). He is also a member of Alcoa’s Executive Leadership Team, which...
Alcoa Corp., the largest aluminium manufacturer in the United States, cautioned investors on Wednesday that any confrontation between Russia and Ukraine might affect the global aluminium market. Any form of aggressiveness, according to Chief Executive Officer Roy Harvey, might affect supplies from...
Work on Alcoa Brasil's Filtro Prensa project began in August 2021 at the company's Poços de Caldas alumina refinery, which is fed by a captive adjacent bauxite mine. It is R$310 million (US$55 million) investment that will fully transform the waste disposal system at the Minas Gerais facility. The...
Alcoa of Australia Ltd, which operates one of the world's largest integrated bauxite mining, alumina refining has extended its supply contract of lime to AdBri subsidiary Cockburn Cement until January 2023. The calcium-containing inorganic mineral lime is extensively used as an additive in alumina...
Alumina is the prime material for the production of aluminium ingots which feature light-weight, high fluidity, high dissolvability and strong absorption of fluorine. It is also used in applications such as industrial and medical ceramics, sandpapers, pigments, cosmetics and pharmaceuticals. The...
The global primary aluminium industry is spotted with much important news this week, such as Montenegro Uniprom in the Balkan nation has closed down the country’s exclusive aluminium smelter KAP, following its failure to agree on a new electricity price with power company EPCG. Veselin Pejovic, the...
With its joint venture partner, Alcoa Corporation, South32 (S32) plans to reactivate the Alumar aluminium smelter (Brazil Aluminium). The first production is scheduled for the June 2022 quarter, with a maximum capacity of 447,000 tonnes per annum from its three potlines projected in the March 2023...
The American industrial corporation producing aluminium Alcoa Corp has inked a pre-agreement with Capital Energy, a Spanish renewables company to secure some 573 MW of wind power for its San Ciprian aluminium smelter in the north-western part of Spain. Capital Energy in the previous week stated,...
On 29 th December 2021, the world's sixth-largest producer of aluminium Alcoa has announced that it has drawn up an agreement for the curtailment of operations at its San Ciprian smelter in Spain for the next two years. However, the American industrial corporation has also delivered its commitment...
