Storvik and Charl-Pol have launched Alumotion to bring proven robotic solutions, local engineering and lifecycle support closer to Canada's aluminium smelters. Canadian aluminium smelters are set to gain a new source of automation expertise as Storvik and Canadian technology company Charl-Pol...
The US Department of Justice has urged a court to dismiss Oklahoma Attorney General Gentner Drummond’s lawsuit filed on the proposed USD 4 billion Oklahoma aluminium smelter, arguing that the project would strengthen national and economic security. The move comes as the joint venture of Emirates...
Grow with
AL Circle
PT Well Harvest Winning Alumina Refinery, a joint venture between PT Harita Group and China Hongqiao, plans to build a smelting plant to process bauxite into aluminum in Ketapang, West Kalimantan. Harita's CEO, Lim Gunawan Hariyanto, said in Jakarta on Wednesday that construction of the smelting...
The World Bank has said that in the current context of load-shedding, it would be economically prudent decision for Government of Ghana to shut down the Volta Aluminum Company (VALCO), the state-owned aluminium smelter, and provide the power to other consumer segments that pay tariffs closer to the...
Montenegro is in talks with unspecified lenders to secure funds to pay two banks owed 102 million euros ($132.96 million) by the country's loss-making aluminium smelter, the finance ministry said on Tuesday. Montenegro had guaranteed the debts of the Kombinat Aluminijuma Podgorica smelter and the...
The aluminum smelter Oetinger, one of the largest buyers of aluminum scrap, has filed for insolvency at the district court in Neu-Ulm on Tuesday. Frank Kebekus of the Düsseldorf law firm Kebekus et Zimmermann has been appointed as the preliminary insolvency administrator. The company ran into...
RHB Research Institute Sdn Bhd has cut its current year profit forecast for PRESS METAL BHD by 14.8%. This is in anticipation of a six-month operation halt which is expected to have a negative impact on the aluminium-processing entity’s earnings. The profit downgrade follows the recent...
The workers are putting all efforts to generate gains at the cash-strapped Tiwai Pt aluminium smelter which is reeling under huge financial losses. The latest to the efforts is the homegrown automated thermocouple to check the temperature of the molten aluminium in the furnace that saved the...
Bosses at a company that recycles dross from the Tiwai Pt aluminium smelter say they are investing hundreds of thousands of dollars on their plant because they are confident a deal between the smelter and Meridian Energy will be “sorted within a month”. However, Stewart Hamilton, acting general...
Jaguar Land Rover is currently conducting a feasibility study into the establishment of a production facility in the Saudi Arabian industrial port of Yanbu. As reported, the Saudi government is trying to lure the auto maker with the promise of a free factory. If the company were to go ahead with...
The Compliance Advisor Ombudsman (CAO) has found “shortcomings” in the International Finance Corporation's (IFC) management of a Mozambique aluminium smelter project between November 2010 and April 2011. In an April audit report, it criticised the IFC’s failure to ensure adequate monitoring by its...
The Montenegrin government said it has adopted a bill revising the country’s 2013 budget to cover 61 million euro ($79.5 million) in unpaid power bills of local aluminium smelter the Kombinat Aluminijuma Podgorica (KAP) aluminium smelter to Elektropirvreda Crne Gore (EPCG) electro power producer...
US-based aluminium major Alcoa on Friday announced it would permanently close its Fusina primary aluminium smelter, in Venice, Italy, where production had been curtailed since June 2010. The company said the planned closure would reduce its global smelting capacity of 4.2-million metric tons a...
Big Rivers Electric is looking to sell two of its western Kentucky coal-fired power plants, Coleman and D B Wilson, representing nearly 900 MW of generating capacity, and plans to idle both baseload facilities next winter if it has no buyers or long-term power purchase agreements in hand by then, a...
South African power utility Eskom briefly cut supply to one of BHP Billiton’s aluminium smelters on Monday night after nation-wide demand outstripped supply, a company spokeswoman said on Tuesday. An agreement between state-run Eskom and BHP allow the utility to interrupt power to the latter's...
Emirates Aluminium Co, the UAE company that is part of a $15bn merger, has picked six banks including HSBC Holdings for a possible bond sale this year, two bankers familiar with the plan said. Citigroup, BNP Paribas, Royal Bank of Scotland Group, Emirates NBD and National Bank of Abu Dhabi will...
London-based Vedanta Resources is awaiting the green signal from the Chhattisgarh government to expand the capacity of Bharat Aluminium Company Ltd (Balco), which it acquired in 2001 amid controversy. Vedanta chairman Anil Agarwal had talks with chief minister Raman Singh and senior officials in...
According to China Nonferrous Metals Industry Association (CNIA), aluminum capacity in China reached 26 million mt/yr in 2012, against 20.27 million mt in output. The capacity utilization rate was 78%, the highest level since 2008. Aluminum prices have been below production costs since August 2011....
Global aluminium major RUSAL and Israeli company Omen High Pressure Die Casting, which specializes in the production of automotive components from non-ferrous metals, announce the signing of a memorandum outlining details of the creation of a joint venture to produce automotive components. The JV,...
Rio Tinto’s endeavors to keep open one of its French smelters raises questions not just about the viability of this particular plant but aluminum smelting in Europe in general. The smelter in question, according to Reuters, serves as the largest aluminum plant in the European Union with 2012...
