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
Rio Tinto is looking at bringing part of the New Zealand Aluminium Smelter in Tiwai Point back into use after several years of inactivity. The company has announced plans linked to the possible restart of Line 4, a potline that has been shut down since 2020. The proposal depends on a planned power...
Kazakhstan: The chain that works, and plans to grow Kazakhstan's aluminium industry is essentially the story of one company in one city. Eurasian Resources Group, in which the Kazakhstani government holds a 40 per cent stake, operates an integrated cluster in Pavlodar that spans from mine to...
Alcoa received an upgraded stock rating from UBS, which raised its recommendation to “Buy” from “Neutral” and increased its price target to USD 80 from USD 75. The upgrade comes after a strong rally in aluminium markets, with Alcoa shares rising around 139 per cent over the past year. UBS analyst...
Century Aluminum Company has returned to investor’s focus after its recent quarterly results showed how falling aluminium prices and high power costs are affecting profitability. The company is also continuing to spend on expansion and low-carbon projects, adding pressure to near-term earnings. The...
RUSAL has developed and deployed proprietary software to automate control of anode baking furnaces at its Sayanogorsk Aluminium Smelter as part of a wider modernisation programme to improve production efficiency, process flexibility, and operational performance. The software, created by RUSAL's...
Kazakhstan is exploring large-scale metallurgy projects worth between USD 10 billion and USD 12 billion, with a major focus on expanding domestic processing capacity for bauxite, alumina and aluminium. According to Arman Kassenov, the country has significant untapped potential across several metals...
Norsk Hydro has been downgraded to “neutral” from “buy” by Citi Research after the company’s shares surged around 25 per cent since February on the back of rising aluminium prices. Citi also increased its target price for Norsk Hydro shares to NKr110 (USD 12.1) from NKr105 (USD 11.55). According to...
Tsingshan Group has reportedly asked several nickel pig iron (NPI) producers operating at Indonesia’s Weda Bay industrial park to curb production in June as the company prioritises electricity supply for aluminium operations. According to sources familiar with the matter, the request was made last...
The public hearing session conducted by Hindalco Industries Limited for the expansion of the aluminium smelter and captive power plant owned by its subsidiary, Aditya Aluminium, in Lapanga, Sambalpur district, Odisha, received unanimous approval from the Panchayat Raj and resident villagers. It was...
The US-based Century Aluminum (CENX) is back in focus, as its first quarter (Q1) of 2026 financial results depicted a mixed picture . While revenue surpassed market expectations, adjusted earnings per share (EPS) did not meet consensus estimates. Nonetheless, management’s strong Q2 EBITDA guidance...
China’s East Hope Group, one of the world’s largest aluminium producers, is considering an investment of USD 12.6 billion in Kazakhstan’s bauxite mining and aluminium sector, according to the country’s Ministry of Industry and Construction. The proposal was discussed during talks between Industry...
Aluminum producer PT Indonesian Asahan Aluminum (Inalum), which the government plans to take over from its Japanese shareholders, is expected to be the main buyer of alumina to be produced by local smelters, an official says. The director for minerals at the Directorate General for Minerals and...
Meridian shares will be issued at a listing price of $1.50, the bottom of the indicative range of $1.50 to $1.80 and with a much smaller investor pool than the government had hoped for. Some 62,000 New Zealand investors put their money into Meridian, despite huge efforts through advertising and the...
Akwa Ibom State of House Assembly yesterday passed a resolution calling on the Bureau of Pubic Enterprises, BPE, to take over the plant and assets of the Aluminium Smelter Company of Nigeria, ALSCON. The resolution followed alleged recent case of looting of ALSCON assets by RUSSAL. While bringing...
Deutsche Bank said that the aluminium market remains “more pain, before the cure”. That means weaker pricing in the near-term, to force further producer discipline, but we think the outlook has started to improve modestly. UC RUSAL’s update on their capacity closure plans went further than we had...
Aluminij Mostar, Bosnia's sole aluminium smelter, clinched a deal on Tuesday to settle its debt to state-run power company EPHZHB and stave off closure. Aluminij, a mainstay of Bosnia's economy, began a gradual shutdown of its smelter on Oct. 15 after EPHZHB froze its bank accounts in a dispute...
Alcoa Inc is one of the global players engaged in the production of alumina, primary aluminium, and fabricated aluminium. It has a presence in mining, refining, smelting, fabricating, and recycling. The company recently announced that the smelter operated by the joint venture (Ma’aden-Alcoa) has...
State mining company Aneka Tambang, commonly known as Antam, says it expects to gain an additional $150 million in revenue from its alumina smelter plant slated to open later this month in Tayan, West Kalimantan, the company’s chief said on Thursday. Antam’s smelter will be able to process up to...
