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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ENRC production at full capacity
Eurasian Natural Resources Corporation's group production volumes for the second quarter were at effective full capacity. In the alumina and aluminium division, aluminium volumes were higher as the smelter operated at its full phase 2 production capacity throughout the quarter.
ENRC production at full capacity
Eurasian Natural Resources Corporation's group production volumes for the second quarter were at effective full capacity. In the alumina and aluminium division, aluminium volumes were higher as the smelter operated at its full phase 2 production capacity throughout the quarter.
Sambo orders ALSCON to dredge River Imo
Vice-President Namadi Sambo has expressed his consternation over the failure of the management of Aluminium Smelter Company of Nigeria (ALSCON) to dredge the Imo River after collecting N19.2billion ($120million). The contract was awarded in 2005 to Dayson Holdings Limited, the core investor of the...
Aluminum smelters in Henan facing power cuts
Aluminum smelters in Henan province, China's top producer of the metal face electricity supply cuts that could hit output at a time of high domestic prices if summer power demand continues to surge. Mr Heng Kun chief analyst at Essence Securities said that power hungry aluminum smelters in the...
DJ China Aluminum Smelters Likely To Accelerate Output Capacity -StanChart
In spite of a recent rally, aluminum prices may face downward pressure over the next six to 12 months as Chinese smelters ramp up their expansion of output capacity, Standard Chartered said in a research note Tuesday.
EMAL celebrates 12 months and 5 million work hours with zero lost time incidents
Emirates Aluminium (EMAL) –celebrated one full year and 5 million work hours without a single Lost Time Incident (LTI) last week, highlighting the continued success of the company’s culture of ‘Safety First, Last, and Always’. The Al Taweelah based aluminium smelter’s excellent LTI safety record...
Aluminum Smelters in China's Henan Face Power Cuts-Industry
Aluminum smelters in Henan province, China's top producer of the metal, face electricity supply cuts that could hit output at a time of high domestic prices if summer power demand continues to surge, industry sources said on Friday. Power-hungry aluminum smelters in the central province have...
Bahrain Aluminum Q2 Net Falls 21.9% on Derivatives
Aluminum Bahrain (ALBHBq.L: Quote) (Alba), which owns the world's fourth-largest aluminum smelter, saw its second quarter net income fell 21.9 percent due to unrealised derivative gains, a statement said on Monday. Bahrain was rocked by months of anti-government protests which began in February....
Sohar Aluminium smelter gets final environ permits
Sohar Aluminium — First Smelter in the Gulf to be aligned with the Draft Reference Document on Best Available Techniques (BAT) in the Non-Ferrous Metals Industries published by the European Commission on Integrated Pollution Prevention and Control (Draft July 2009). On July 30, 2011, Sohar...
Vedanta Aluminum to complete aluminum smelter and power plants
Vedanta Aluminum Limited will invest about INR 100 billion to complete its aluminum smelter and power plants at Jharsuguda. The company has so far invested around INR 40,000 crore in its Lanjigarh and Jharsuguda projects in Orissa. It has set up Greenfield alumina refinery with a capacity of 1...
Vedanta Resources announces aluminum production of Q1 2011
Vedanta Resources Plc announced aluminum production for the Q1 ended June 30th 2011. Aluminum production was 23% higher at 173,000 tonnes in Q1 FY2011 to 2012 as compared with the corresponding prior quarter primarily due to 46% higher production at the 500 kilo tonne per annum Jharsuguda-I...
Indian smelter
Vedanta Aluminium Ltd (VAL) will invest about INR100bn ($2.2bn) to complete its aluminium smelter and power plants at Jharsuguda.
Press Metal unit secures RM400mil loan facility
Press Metal Bintulu Sdn Bhd (PMB), a wholly-owned subsidiary of Press Metal Bhd, has secured a RM400mil syndicated term loan facility to expand the second phase of its aluminium smelting plant in Samalaju, Sarawak. When fully commissioned, the new plant is expected to triple PMB's smelter capacity...
Vedanta Q1 aluminium output up 46%; iron ore output falls
Aluminium production was 23% higher at 173,000 tonnes in Q1 FY2011-12 ascompared with the corresponding prior quarter primarily due to 46% higher production at the 500 ktpa Jharsuguda-I smelter. The Korba-II smelter continues to operate at its rated capacity. Due to a power outage at the...
Vedanta Q1 aluminium output up 46%; iron ore output falls
Aluminium production was 23% higher at 173,000 tonnes in Q1 FY2011-12 ascompared with the corresponding prior quarter primarily due to 46% higher production at the 500 ktpa Jharsuguda-I smelter. The Korba-II smelter continues to operate at its rated capacity. Due to a power outage at the...
Brazil cost worry
Thanks to the high cost of energy in the country last year Brazil increased its imports of primary aluminium by 229% from 2009 levels. In the analysis of the Brazilian Aluminum Association (Abal), energy cost and weight of the taxes made the country unattractive to new investments in aluminum...
Alba reinstates 70 staff
Aluminium Bahrain (Alba), ranked one of the largest smelters in the world, announced the reinstatement of 70 staff who had been dismissed during the unrest.
Sohar Aluminium
The first new aluminum smelter to be built in the Arabian Gulf in 25 years has become a catalyst for industrial growth in the region, making Oman an attractive destination for multinationals to locate their facilities.
