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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Alcoa Aims for $19.75 as JV in Saudi Arabia Gets Funding
lcoa’s (NYSE:AA) efforts to diversify geographically received a significant boost late last month when its joint venture with the Saudi Arabian Mining Company (Ma’aden) secured a $1 billion loan for the aluminum smelter and rolling mill at Ras Az Zawr. [1] Alcoa owns a 25% stake in the JV named...
Alcoa Aims for $19.75 as JV in Saudi Arabia Gets Funding
lcoa’s (NYSE:AA) efforts to diversify geographically received a significant boost late last month when its joint venture with the Saudi Arabian Mining Company (Ma’aden) secured a $1 billion loan for the aluminum smelter and rolling mill at Ras Az Zawr. [1] Alcoa owns a 25% stake in the JV named...
Tajikistan Aluminum Industry Output reached to 150,467 tons in the first half year
A person said in Tuesday that the output of the Tajikistan state-owned aluminum smelter dropped 16.7% in the first half year, for it conducted a series of maintenance for obsolete equipment. This people said that TALCO has produced 150,467 tons primary aluminium in the first half year. The output...
Dubai Aluminium re-certified to ISO standards in quality and environmental management
Being an industrial enterprise, whose activities and processes pose inherent potential risks, Dubai Aluminium Company “DUBAL” is conscious of the need to safeguard the environment and to protect the safety and health of both employees and the residents of surrounding communities. The company is...
Qatalum aims to make a lasting contribution to the future growth and prosperity of Qatar
More than two years ago Qatalum, the state-of-the-art aluminium smelter built in line with Qatar's long-term economic diversification strategy sponsored an aluminium faculty chair position in the department of chemical engineering at Qatar University for a three-year period. The target was to...
Qatalum aims to make a lasting contribution to the future growth and prosperity of Qatar
More than two years ago Qatalum, the state-of-the-art aluminium smelter built in line with Qatar's long-term economic diversification strategy sponsored an aluminium faculty chair position in the department of chemical engineering at Qatar University for a three-year period. The target was to...
Century Aluminum retirees picket for health care benefits
About 50 retirees from Century Aluminum's Ravenswood plant hit the picket lines Thursday morning to tell the company they will not back down in their fight to have their health care benefits reinstated. The picket was supposed to mark the last day of health care benefits for the company's early...
Indian court to rule on Vedanta's alumina expansion project July 4
India's Orissa High Court is expected to decide on July 4 whether Vedanta Resources may be allowed to resume work on an alumina expansion project that has been suspended since last October, a Vedanta executive said Tuesday. Vedanta was in the process of expanding its 1 million mt/year alumina...
Nalco to decide on buying stake in Indonesian coal mine by July-end
National Aluminium Company Ltd has said it will decide on buying stake in an Indonesian coal mine by July-end after going through the due diligence report. “IFCI will submit the due diligence by the first week of July. After going through the report, we will take our call on buying stake in the...
Mubadala and 1MDB to build USD 4 billion aluminum smelter in Malaysia
Mubadala Development Company, a wholly owned investment vehicle of the government of Abu Dhabi and 1 Malaysia Development Bhd have announced that they will jointly establish USD 4.2 billion aluminum smelter in Sarawak of Malaysia. The JV partners will also bring in other investors to invest...
Aluminum smelter pipeline needs filling fast
Reuters reported that more primary aluminum smelter projects must make their way onto the drawing board soon to avert a looming gulf between supply and demand around the end of the decade. Compounding the problem is the likely difficulty in opening new bauxite mines to feed those smelters due to...
Speculation surrounds Century plant
Rumors are increasing that the closed Century Aluminum plant in Ravenswood may be sold soon, an industry trade publication reported last week. However, at least one analyst says that, not only does a sale not make sense right now, but there's no good reason why the shuttered aluminum smelter...
Aluminum future maNederman receives order for over SEK 30 million from Stena Aluminumy uplift on weak inventory data
The order is for new investments in Stena Aluminum’s smelter in Älmhult, Sweden. Nederman will supply the plant with solutions for the filtration of the fumes generated in the smelting of returned aluminium products. Mr Staffan Persson MD of Stena Aluminum said that “Our operations are important...
Mubadala inks overseas aluminum deal
Mubadala is continuing with aggressive overseas expansion plans, announcing JV with 1 Malaysia Development for the construction of USD 4 billion aluminum plant in the South East Asian country. Mubadala has an impressive track record of forming successful JV having recently completed a smelter in...
China overcapacity of electrolytic aluminum to depress price hike
According to statistics, China’s electrolytic aluminum capacity was 23 million tons in 2010 and its actual production was 15.6 million tons. At the same time, the rate of equipment utilization was only at 70%. However, Chinese aluminum smelters’ sales margin was only at 3.59% during January to...
Rio Tinto Alcan forging ahead with $2.5-billion B.C. mega project
Rio Tinto Alcan told 300 contractors Wednesday that it intends to spend $2.5 billion rebuilding its Kitimat aluminum smelter in a mega-project that is expected to transform the province's northwest. The project had stalled during the 2008-09 recession but is back on track for a 2014 completion,...
VALCO, the heart of Ghana’s aluminium industry
The Volta Aluminium Company (VALCO) is a very well-known name on the country’s industrial landscape, and for obvious reasons. VALCO is perhaps the country’s largest industrial enterprise in terms of technology and employment and revenue generation. More importantly, it is the mother that gave birth...
Nederman receives order for over SEK 30 million (€3.3’’) from Stena Aluminium
The order is for new investments in Stena Aluminium’s smelter in Älmhult, Sweden. Nederman will supply the plant with solutions for the filtration of the fumes generated in the smelting of returned aluminium products. “Our operations are important especially for the environment, but there is also a...
