Alcoa strikes $3.1b cash-and-stock deal for South32’s key aluminium assets
Alcoa Corporation is acquiring South32’s key aluminium assets in a USD 3.1 billion deal in cash plus 17,008,960 Alcoa shares, expanding its upstream aluminium portfolio across Australia, Brazil and South Africa. The transaction will also give South32 and its shareholders an equity interest in the...
China’s 45Mt aluminium cap pushes producers overseas as global dominance grows
China’s aluminium industry is running close to its limits in 2026. As Shanghai aluminium prices near a three-month high, historically low raw material costs and strong smelter margins encourage producers to operate at maximum capacity. National aluminium output remains above Beijing’s...
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RUSAL to launch Boguchansky, Taishet smelters in 2013
Russian aluminum giant UC RUSAL plans to launch production at the Boguchansky and Taishet aluminum smelters in 2013, the press office of the Baikal economic forum said Thursday citing Artyom Volynets, CEO of En+ Group, which is a major shareholder of RUSAL. After the launch of the plants, RUSAL’s...
Alcoa to Reevaluate Iceland Plans
Alcoa Inc. said it will have to reevaluate its plans to build an aluminum smelter near Husavik, north Iceland, following a statement by the country’s Industry Minister Katrin Juliusdottir indicating she didn’t think the smelter would be built in the next few years. The smelter would require a large...
Nalco resorts to coal import to overcome crisis
The Navratna PSU National Aluminium Company Limited (NALCO) has placed order to import two lakh tonnes of coal to tide over the short supply of coal due to heavy rain and floods in Orissa. The imported coal would start arriving after a week, sources said. Nalco is sourcing coal from Mahanadi...
Japan's Daiki brings on stream first Indonesian secondary aluminum smelter
Japan's largest secondary aluminum alloy smelter Daiki Aluminium Industry earlier this month started up its first Indonesian plant, which has the capacity to produce 2,500 mt/month of alloys, a company official said Wednesday. Daiki Aluminium Industry Indonesia began production of secondary...
Power shortage disrupts Chinese smelters
A power shortage in southwest China has caused production disruption at smelters in the region. About 15% of the 810kt/y operating capacity in Guangxi may be suspended in September. Baise Yinhai Aluminium has already suspended 40% of its smelter’s 200kt/y capacity. Disruption has also occurred at...
Aluminum producers drive smelting technology
Technology will advance the growth in aluminum smelting capacity, with key innovation coming from producers, an executive at engineering and project management consultancy Hatch said Friday. Martin Desmeules, a global director of Hatch's aluminum division, told a Metal Bulletin conference in Paris...
Chinese Aluminum Producers have weak voice in Pricing Aluminum Oxide
Chinese aluminum producers have a weak voice in pricing aluminum oxide, an official of a Chinese aluminum smelting company said on Thursday. Wang Xiaodong, general manager of Henan Shenhuo Aluminium Co.Ltd, said it is because alumina refineries are usually large in scale. While attending an...
India Alumina Output To Meet Aluminum Smelter Growth -Hindalco
Growth in India's aluminum production will be met by domestic alumina output, not imports, a senior Hindalco Industries Ltd. (500440.BY) executive said Thursday. Anil Gupta, joint president for sales and marketing, said that India may even become a net exporter of alumina. "India is self-sufficient...
LME prices not much boost,SHFE Aluminium gain
LME Aluminium prices haven't received as much of a boost, SHFE Aluminium prices have gained today as the potential impact on Chinese aluminium smelter output from power curbs across China lent some strength. Chinese aluminium smelter production cuts have become more intense with smelters in Guizhou...
Drought to Shut Some Aluminum Capacity, China Business Says
Some Chinese aluminum smelters in mountainous southwestern regions will be partly closed because of power shortages caused by a worsening drought. Guangxi Baise Yinhai Aluminum Industry Co. has received notice from the local government to partly shut down to save energy, the report said, citing an...
UAE and GCC nations investment plans in next 12 years
According to the Doha-based Gulf Organization for Industrial Consulting (GOIC), the UAE and other GCC nations are expected to pump nearly $25 billion into new aluminium projects and expansion of their existing smelters in the next 12 years. About $eight billion will also be pumped by Emal while...
UAE pumps over 4% of global aluminium output
A new smelter constructed in Abu Dhabi two years ago boosted the UAE’s aluminium output to 1.8 million tonnes in 2011 to allow it to pump more than four per cent of the world’s total production of the metal. Official figures showed Dubal smelter in Dubai reached a capacity of around 1.02 million...
NALCO to complete studies on Indonesia coal mines this month
State-run NALCO, which plans to set up a 1,250-MW power project and an aluminium smelter in Indonesia, will complete due diligence on a proposal for sourcing coal for the projects by the end of this month, a senior company official said. "We are in the process of evaluating the reserves of two coal...
Bosnia aluminium smelter back to profit in 1H 2011
Bosnia's sole aluminium smelter Aluminij Mostar has returned to profit in the first half of 2011 after posting a loss of nearly 13.4 million Bosnian marka ($9.7 million) in 2010, General Manager Ivo Bradvica said on Friday. Bradvica said in an interview for the company's website that he expected...
Changes to Alcan shifts may lead to strike
WORKERS at one of Northumberland’s biggest employers could be set to go on strike. A group of 122 employees at Rio Tinto Alcan’s aluminium smelter at Lynemouth are to be balloted on industrial action over the company’s proposals to make changes to shift patterns. The Journal has been told the...
VHE to Supply Stub Straightening Machine to Romanian Aluminium Smelter
Inward bending of anode stubs, generally known as "toe-in", is a well understood occurrence in all pre-bake aluminium smelters. The difference in linear expansion of the carbon anode and the steel yoke or spider of the anode rod at high temperatures in the reduction cell means that the yoke expands...
Vedanta to focus on Jharsuguda smelter plant expansion
With the 5 million tonne Greenfield Lanjigarh aluminum refinery plant expansion on hold, the Anil Agarwal led Vedanta Aluminum has decided to focus on completing its aluminum smelter plant at Jharsuguda in Orissa to achieve its targeted capacity of 1.75 million tonnes. Mr Mukesh Kumar president &...
India's NALCO issues tender to buy 225,000 T coal
India's state-run National Aluminium Company (NALCO) has issued a global tender to buy 225,000 tonnes of non-coking coal, a senior company official said on Friday. The last date for submission of bids is Sept. 12, said the official, who is close to the tendering process but could not be named due...
