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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Government of Canada has always been supportive of the country’s steel and aluminium sectors; they being the key driver of the economy. Jean-Yves Duclos, Canada’s Minister of Families, Children and Social Development on behalf of the Ministry of Innovation, Science and Economic Development,...
As shown by the latest US Geological Survey latest release on Bauxite and Alumina in the First Quarter 2019, imports of alumina by the U.S. in the first quarter of 2019 more than doubled to 623,000 tonnes from 273,000 tonnes in fourth quarter of 2018. The volume was 35% more than those in the first...
According to a recent report, Alcoa has bagged an award as a silver tier employer in the Australian Workplace Equity Index Awards (AWEI). Chairman and managing director Michael Parker said, “The aim was for every Alcoa employee to bring their whole selves to work and to feel included and valued for...
The Aluminum Association has added four new member companies – Matalco, Page Material Management, Real Alloy and Texarkana Aluminum. Page Material Management joins the association as an associate member – an organization that supplies goods and services to the industry. The three companies join as...
Nearly 500 members of the local chapter of the United Steelworkers union at Massena cast their votes Friday night in support of a strike against Alcoa and Arconic as negotiations over new labour contracts with them broke off in mid-May. However, the leaders insisted that they are “not going in...
ELYSIS, a technology company created by a partnership between two global industry leaders – Alcoa and Rio Tinto has been selected as the international “Breakthrough Solution of the Year” at the Global Metals Awards by S&P Global Platts, in London. The award is given to innovators as well those who...
Alcoa Corporation, a leading global producer in bauxite, alumina, and aluminium products, has agreed to extend the existing labour contract with the United Steelworkers. Alcoa has agreed to reach a new multi-year labour agreement covering about 1,700 active employees at five U.S. locations. The...
The Aluminium Association of Canada (AAC) brings together Canada’s three primary producers of aluminium, Alcoa, Aluminerie Alouette and Rio Tinto. A non-profit organization, it represents the Canadian primary aluminium industry. AlCircle had an opportunity to interact with Jean Simard, President...
Statkraft and Alcoa Norway have inked a long-term contract for the supply of power during the period 2020 to 2026. Statkraft will supply approximately 440 GWh of power annually to Alcoa’s Norwegian aluminium production facilities. Hallvard Granheim, Executive Vice President Markets & IT in...
The US-based world’s eighth largest aluminium producer Alcoa is reportedly planning to increase the nameplate capacity of its biggest alumina refinery at Pinjarra by almost 20 per cent. Per the report, the company has written an application to the Environmental Protection Authority seeking for an...
During Alcoa’s first quarter earnings call on April 17, Alcoa CEO Roy C. Harvey highlighted aluminium trade imbalance, Chinese overcapacity, Section 232 tariffs and the proposed quota on Canada’s aluminium export to the U.S. He said that in China downward domestic demand growth is constantly being...
Alcoa Corporation released first quarter 2019 results yesterday and reported a net loss of US$199 million compared to net income of US$51 million in Q4 2018. The 2019 first quarter results include the impact of US$156 million for special items driven by the dismissal of two smelters in Spain....
ELYSIS, the joint-venture technology company of Rio Tinto and Alcoa, announced yesterday that it chose Saguenay-Lac-Saint-Jean region in Quebec for setting up its new research and development facility. It will indirectly employ more than 25 experts when fully operational, said the company on its...
According to the latest report from US Geological Survey, the US primary aluminium production in December 2018 was 95,000 tonnes. The average daily production in December was 3,050 tonnes, 4% more than that in November 2018, 48% more than that in December 2017. The total aluminium production in...
With three major smelting companies like Alcan, Century Aluminium, and Alcoa, aluminium is one of the major materials produced and exported by Iceland. As of Q3 2017, aluminium had reportedly accounted for 14 per cent of Iceland’s total exports of goods and services. {newsStudioGallery} Our...
Alcoa Corporation has appointed John Slaven as Executive Vice President and Chief Strategy Officer. Slaven will be responsible for supporting Alcoa’s overall strategy and will oversee the corporate and business development functions, global supply chain, and energy development. Harvey said: “John...
As the temperature soared above 40 degrees, it triggered power outages on Australia's strained grid on Friday. Demand for air-conditioning soared and coal-fired generators struggled to meet the surge in consumption leading to power shortage. To manage the power shortage, Australian Energy Market...
The year 2018 has seen the highest and lowest in terms of aluminium price growth and production of primary aluminium is estimated to be slightly higher (about 1.3%) in comparison to 2017. The year was marked by supply uncertainty in alumina and aluminium which pushed the prices higher in the first...
