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Alcoa stock gains by 2.42%
27 AUG 20132MINS

Alcoa stock gains by 2.42%

It had recently been announced by Alcoa Inc that the company had decided to shut down the operations of around 164,000 metric tons of smelting capacitance facilities located in the United States and Brazil. This move taken up as part of the company’s smelting capacitance appraisal plan is expected...

CCL Container Inc. claims 'artificial' delivery backlogs are driving up prices
26 AUG 20133MINS

CCL Container Inc. claims 'artificial' delivery backlogs are driving up prices

Customers of CCL Container Inc. in Hermitage know that aluminum prices have tanked worldwide. Not surprisingly, they ask for lower prices when buying aluminum bottles they'll fill with suntan lotion, hair spray, energy drinks and beverages. “They want a price cut. It creates some confusion in the...

GM to incorporate a lot more aluminum in its full-size trucks
26 AUG 20131MINS

GM to incorporate a lot more aluminum in its full-size trucks

Automotive News and other industry sources have recently reported that GM is preparing to incorporate a lot more aluminum and composites in the construction of its full-size trucks in order to lower their weight, though the big changes are still several years away. One supplier told Automotive News...

Alcoa celebrates 100 years in Tennessee with limited-edition canned water
23 AUG 20131MINS

Alcoa celebrates 100 years in Tennessee with limited-edition canned water

Alcoa Inc. celebrated the 100-year anniversary of its operations in Tennessee with the sale of limited-edition centennial cans of water. While Alcoa has been producing cans of water for the last five years, it has only been for donations to nonprofits and not for general sale. According to the...

Russia's Rusal may delay aluminium project to help ease oversupply
22 AUG 20132MINS

Russia's Rusal may delay aluminium project to help ease oversupply

Russia's Rusal , the world's largest aluminium producer by output, may delay the start of production at one of its biggest projects, seeking to ease a global glut of the metal. Rusal , led by Russian tycoon Oleg Deripaska, and other big aluminium makers are cutting output in response to record...

Tomago upbeat despite the slowdown in aluminium industry
22 AUG 20132MINS

Tomago upbeat despite the slowdown in aluminium industry

Tomago Aluminium believes it is well positioned to ride out the industry downturn after carrying out a restructure to cut costs. Last year around 100 jobs were axed at Tomago, around the same time the other Hunter smelter at Kurri Kurri was forced to shut its operations. One of Australia's largest...

Global aluminum output cuts seen
20 AUG 20133MINS

Global aluminum output cuts seen

Aluminum prices have extended to the downside and in doing so the trend has turned from a sideways rangebound market to a downward one, the Aluminum Analysis and Forecast Q2 2013 report said. Given the market has been in a supply surplus since 2007 and stocks have built up accordingly, the report...

New metal warehouse rules to pile pressure on aluminium smelters
20 AUG 20133MINS

New metal warehouse rules to pile pressure on aluminium smelters

Proposed rule changes for industrial metals warehouses and increased scrutiny by regulators are likely to unleash stored aluminium, adding to the global surplus and forcing more smelters to shut. The new rules will slash the profitability of financing deals that have locked up metal in London Metal...

Rusal to cut aluminum output by 357,000 tonnes in 2013
20 AUG 20132MINS

Rusal to cut aluminum output by 357,000 tonnes in 2013

The board of directors at Russian Aluminum, or Rusal, has approved a change to production volume aimed at cutting costs and boosting margin, that has output this year down by 357,000 tonnes, or 9%, rather than the earlier-planned 300,000 tonnes, the company said. "The board of the company has...

Alcoa's RopeCon system makes Jamalco bauxite accessible
19 AUG 20132MINS

Alcoa's RopeCon system makes Jamalco bauxite accessible

High above the plateau at Jamaica’s Mount Oliphant is a technology that would traditionally be more at home in a ski resort than at a bauxite mine in the Caribbean. An almost silent 3.4km-long Rope Conveyor (RopeCon) system whirls overhead, transporting bauxite from Alcoa’s South Manchester mine...

Alcoa to curtail 164,000 Metric Tons of Smelting Capacity
16 AUG 20132MINS

Alcoa to curtail 164,000 Metric Tons of Smelting Capacity

Alcoa today announced that it will close or curtail 164,000 metric tons (mt) of smelting capacity in the United States and Brazil as part of its smelting capacity review that was announced in May. One potline representing 40,000 metric tons at the Massena East plant in New York will be permanently...

Alcoa Australia fined for alumina dust pollution in Perth
16 AUG 20131MINS

Alcoa Australia fined for alumina dust pollution in Perth

Alcoa Australia was fined $27,500 in Perth Magistrates Court last week for allowing dust from its alumina refinery facility in Wagerup to escape from its boundary into the environment. The court was told dust from Alcoa’s residue disposal area crossed over the boundary of the site into the...

Alcoa welcomes Govt's decision to extend Wagerup refinery's environmental licence
15 AUG 20131MINS

Alcoa welcomes Govt's decision to extend Wagerup refinery's environmental licence

Alcoa welcomes the Environment Minister's announcement today to amend the Wagerup refinery's environmental licence to increase the refinery's annual production limit from 2.6 to 2.65 million tonnes a year. This is not an expansion of the refinery. An increase in the production limit by 50,000...

Tesla's Demand for Aluminum may bring hopes for Alcoa
13 AUG 20132MINS

Tesla's Demand for Aluminum may bring hopes for Alcoa

Matt DiLallo speculates that Tesla's aluminum-intensive Model S could be harbinger of greater use of the metal by other carmakers, 'rekindling hopes that Alcoa can once again thrive.' When Tesla Motors launched its Model S, it arguably changed the face of the auto industry forever. The company...

Residents fear potential health hazards in Alcoa refinery expansion
08 AUG 20132MINS

Residents fear potential health hazards in Alcoa refinery expansion

Residents who have campaigned against a south-west Western Australian alumina refinery say a decision to allow the facility to increase production is "another nail in the coffin" for the town of Yarloop. Environment Minister Albert Jacob has dismissed appeals against Alcoa's application to increase...

Production increase approved for Alcoa's Wagerup refinery
07 AUG 20132MINS

Production increase approved for Alcoa's Wagerup refinery

Alcoa has been given the go ahead for a planned production increase at its Wagerup alumina refinery in Western Australia, despite the health fears of local residents. Nine appeals were lodged against the upgrade of the plant, with residents in the nearby towns of Yarloop and Waroona saying odour...

Gulf States aim high in aluminium market
06 AUG 20133MINS

Gulf States aim high in aluminium market

The big story in regional aluminium production is the commencement of operations of the joint venture between Saudi Arabian Mining Company and US market leader Aluminium Company of America (Alcoa) in December 2012. This is the sixth smelter to come into operation in the GCC region. Ma’aden...

Alcoa appoints new communications head
02 AUG 20132MINS

Alcoa appoints new communications head

Alcoa announces that effective September 1 Libby Archell is appointed Vice President of Corporate Affairs. Reporting to Klaus Kleinfeld, Alcoa Chairman and CEO, Ms. Archell will be a member of Alcoa's Executive Council and have responsibility for communications activities that impact Alcoa's...