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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<p>Arconic Inc. yesterday announced results for the second quarter of 2017 and updated its guidance for the year. The company ended the first half of 2017 with significantly less debt, a strong cash position and good liquidity.</p> <p>The company posted <strong>revenue of $3.3 billion</strong>, an...
<p>Alumina Limited, the AWAC joint venture, has announced its second quarter results for Alcoa Bauxite and Alumina Segment. The 2017 EBITDA for Bauxite and Alumina fell to total $325 million. </p> <p style="text-align: center;"><img style="vertical-align: middle;"...
<p>Iceland, this tiny island country which was once known only for its huge fish production and export is the new hub for aluminium and on the way to produce more aluminium in 2017 than the United States in the same way like two other countries with hydropower- Canada and Norway. Major Aluminium...
<p>Alcoa Corporation reported financial results for Q2 2017 on July 19. The Company increased revenue on higher shipments and grew its cash balance sequentially. Alcoa remains profitable despite lower alumina prices.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
<p>Alumina and electricity are the two key inputs that go into aluminium production which also play a very significant role in determining the price of aluminium.</p> <p>Integrated aluminium producers like Alcoa, Norsk Hydro and Rio Tinto (RIO) have both alumina refining as well as aluminium...
<p>Alcoa Corporation announced that it has proposed to restart three of five potlines, which were closed in March of 2016, at its Warrick Operations aluminium smelter near Evansville, Indiana. The company said that it would improve the competitiveness of the on-site rolling mill. The process is...
<p>The global aluminium metals market which was valued at USD 1, 12,487.9 million in 2015 is projected to be valued at USD 1, 60,696.1 million by 2022. The market will grow at CAGR of 5.3 per cent from 2016 to 2022, according to the report on Global Aluminium Metals Market of Market Research...
<p>A media report says Suriname is to receive a $40m investment loan from Inter-American Development Bank (IDB) which will help increase tax revenue and improve its public spending.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
<p>The U.S. primary aluminium industry which was once buzzing with 30 aluminium smelters in the country by aluminium majors like Alcoa and Century is now operating just just five smelters with curtailed capacity with uncertain future. Aluminium producers like Alcoa and Century Aluminum which have...
<p>Leading aluminium producer Alcoa sees in alumina prices a brewing concern for its alumina and aluminium business divisions. The alumina price index (API), which helps in alumina’s price discovery, has fallen significantly and this is likely to hit the company’s profitability in...
<p>Global aluminium maker Alcoa has restarted half the capacity at its aluminium smelter in Australia's Victoria that was crippled by a state-wide blackout six months ago.</p> <p>The Portland smelter has been running at a third of its 300 000 t/y capacity since a freak storm prompted the...
<p>Australia-based Civmec Limited announced that the company secured Engineering, Procurement and Construction (EPC) contract as well as other new construction and maintenance contracts, totalling approximately AUD $90 million.</p> <p>Apart from a civil concrete contract by Altura Mining Lithium...
<p>Saudi Arabian Mining Company Ma’aden signed two landmark Memorandums of Understanding (MOUs) with its U.S.-based partners Alcoa and Mosaic at the ongoing inaugural Saudi-U.S. CEO Forum that was launched in Riyadh on Saturday, May 20. The Memorandums are expected to provide fresh impetus to...
<p>Since the makers of electrical components are switching to aluminium wire over other materials, aluminium is expected to replace 30 per cent to 40 percent of copper wire in the coming years. According to a latest market report, the aluminium wire rods market in Europe is anticipated to grow at a...
<p>Alcoa, the world's fifth largest producer of aluminium, which split into two separate businesses, revitalized itself from the separations, CEO Roy C. Harvey told the shareholders at the David L. Lawrence Convention Center, Downtown. The company split into upstream Alcoa and downstream Arconic in...
<p>Elliott Management, which is now fighting for ownership of Arconic, alleges that Alcoa is paying a huge price for its contract to supply aluminium for Ford Motor Company’s F-150 pickup.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
<p>Arconic Inc. today announced the completion on May 4, 2017 of the exchange of its remaining 12,958,767 shares of common stock of Alcoa Corporation for $428,635,000 aggregate principal amount of Arconic debt held by Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC. The...
<p>Aluminium powder is a granular powder which is obtained from pure molten aluminium metal. Aluminium paste is produced from aluminium powder or milled flake powder through the wet ball milling process. Aluminium flakes comes from aluminium powder through dry ball milling process. It is...
