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...
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Alcoa is working on a technology to convert low-quality aluminium scrap to a purity level that exceeds that of commercial smelters, potentially allowing sources of discarded aluminium scrap, known as Zorba, to be utilised. According to Alcoa, their ASTRAEA process can purify any aluminium scrap to...
According to the report shared by the Shanghai Metals Market, energy supply constraints due to soaring prices have pushed the United States' aluminium prices to record highs and also led to the shortages of key raw materials such as magnesium and silicon, exacerbating the tight supply situation of...
On Monday, November 8, Alcoa Corporation disclosed a technology roadmap for the aluminium industry to achieve a sustainable future, attaining net-zero greenhouse gas emissions by 2050 across global operations. The list of technologies included a new, proprietary post-consumer scrap recycling...
On 08 th November 2021, Alcoa Australia stated that it would resume functionalizing 35,000 tonnes per year of long retrenched capacity at its Portland aluminium smelter in Australia that will drive operations at the facility to around 95% of capacity amid supply shortage of the metal. Alcoa said...
South32, a diversified mining and metal company, has kept its output estimate steady for the fiscal year 2022, based on the output in the first quarter. On Thursday, October 21, South32 informed that alumina output fell 10 percent Q-o-Q in the first quarter of FY2022 to 1.2 million tonnes, while...
The Chairman and Managing Director of the National Aluminium Company Limited (NALCO), Sridhar Patra expects that the demand for aluminium to expand by 5% - 6%. On 18 th October 2021, the aluminium stocks picked up as the world aluminium market witnessed a huge upsurge supported by the statement...
The aluminium industry is countering the dearth of raw materials for the production of the metal that is utilized in vehicle manufacturing and building supplies sends an alert for distress in supply that has propelled US prices to an all-time peak. The biggest aluminium billet producer in the...
Alcoa and FYI Resources, the Australian listed resources company that aims at developing an innovative and vertically integrated high quality, high-purity alumina will commence the HPA trials at FYI’s pilot plant facility in Welshpool, Western Australia in October 2021. The trials are part of the...
Alcoa Corporation has announced its net-zero emissions plans, which it aims to achieve by 2050. The main intention is to increase the use of renewable energy at operations and bring new innovations to the market. The company said that it would cut 75 per cent of both direct and indirect emissions...
Alcoa Corporation, the United States' largest aluminium producer, no more lags behind in taking a pledge to curb greenhouse gas emissions and reduce environmental impact. Like many other companies, Alcoa has also reportedly set a goal to be carbon neutral, and the timeline is 2050. As per the...
FYI Resources is eyeing to create a market-leading high purity alumina (HPA) business, and for that matter, has entered into a partnership with global alumina leader Alcoa. They have signed a joint venture term sheet to create an initial demonstration refinery and an 8,000 tonne-per-annum HPA...
The global primary aluminium segment remained highlighted this week definitely due to the price factor but also for multiple reasons. The Pennsylvania-USA based Alcoa is gearing up to resume its idled aluminium smelter in Brazil, as it smelled the prices of aluminium sky-rocketing and production...
The American industrial corporation and the world's eighth-largest producer of aluminium, with corporate headquarters in Pittsburgh, Pennsylvania, Alcoa’s senior executives are planning to invest more in 2022 to sustain their existing facilities. However, they will be observing for acquisitions and...
The leading aluminium producer Alcoa Corporation has tooled up on a project to restart an idled aluminium smelter in Brazil following the hike in aluminium prices to a 13-year high and Chinese output reduction. On 20th September 2021, the Pittsburgh headquartered aluminium producer and its partner...
Disruptions in primary aluminium raw materials supply due to the ongoing political unrest in Guinea, the largest supplier to the world’s leading aluminium producer China, has driven the latter’s imported alumina price to a 3-year high. According to the Shanghai Metals Market, the Australian alumina...
On 15th September 2021, the deputy minister from Saudi Arabia’s Ministry of Industry and Mineral Resources achieved to persuade that the Kingdom’s germinating mining sector stands as a cinch for future rewards. The mining affairs minister, Khalid Al-Mudaifer, attended the MINExpo International 2021...
According to a recent report, Aluminium Stewardship Initiative (ASI) has successfully certified Alcoa’s Aluminerie de Bécancour (ABI) and Aluminerie de Deschambault smelters in Quebec, Canada, against the Performance Standard Certification for responsible production, sourcing and stewardship of...
The sharp spike in aluminium prices to the 10-year high due to limited production in China, the world’s largest aluminium producer, for restricted energy usage is reportedly rippling through the cost of end-user products, right from Heineken cans to kitchen wrap. Until now this year, the global...
