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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Abu Dhabi to build USD4b aluminum plant in Malaysia
Mubadala Development, Abu Dhabi's strategic investment company, and 1MalaysiaDevelopment plan to build a USD4 billion aluminum plant in Malaysia in a joint venture, The National reported. The companies plan to build the smelter, which will produce up to 750,000 tons of aluminum a year, in Sarawak,...
Mubadala in JV for new smelter in Malaysia
Abu Dhabi's Mubadala Development and state-owned development firm 1Malaysia Development have agreed to form a joint venture to develop a $4.2bn (Dhs15.4bn) aluminium smelter in east Malaysia, Dow Jones has reported. As part of the deal, Mubadala will also help 1Malaysia Development team up with...
EMAL readies for USD 5 billion expansion and sees demand growth
Dow Jones reported that Emirates Aluminum is close to approving plans to expand its large scale aluminum smelter in Abu Dhabi at a cost of up to USD 4.5 billion as it prepares for strong global demand growth in the next 4 years. Mr Saeed Al Mazrooei CEO and president of Emal said that the company...
Norsk Qatalum plant hit by further delays
Norwegian aluminum producer Norsk Hydro yesterday said its joint-venture aluminum plant Qatalum won’t reach its full production capacity until the end of the third quarter after suffering further delays. Qatalum, a joint venture between Qatar Petroleum and Norsk Hydro, was hit by a power outage in...
Automatic Collar Forming Systems Protect Stubs in Aluminium Smelters
High bath levels can result in ring erosion of anode stubs. The same effect also occurs when anode life is extended by lowering the rod further into the pot that would normally be the case. Smelters which buy their anodes from third parties have a good economic reason to extend anode life,...
Vedanta to invest Rs 10,000 cr more to complete Jharsuguda power projects
Vedanta Aluminium Ltd (VAL), a unit of Anil Agarwal-led Vedanta Resources PLC, will invest about Rs 10,000 crore to complete its aluminium smelter and independent power plants at Jharsuguda. The company has so far invested around Rs 40,000-crore in its Lanjigarh and Jharsuguda projects in Orissa....
Vedanta to invest Rs 10,000 cr more to complete Jharsuguda power projects
Vedanta Aluminium Ltd (VAL), a unit of Anil Agarwal-led Vedanta Resources PLC, will invest about Rs 10,000 crore to complete its aluminium smelter and independent power plants at Jharsuguda. The company has so far invested around Rs 40,000-crore in its Lanjigarh and Jharsuguda projects in Orissa....
Vedanta to invest Rs 10,000 cr more to complete Jharsuguda power projects
Vedanta Aluminium Ltd (VAL), a unit of Anil Agarwal-led Vedanta Resources PLC, will invest about Rs 10,000 crore to complete its aluminium smelter and independent power plants at Jharsuguda. The company has so far invested around Rs 40,000-crore in its Lanjigarh and Jharsuguda projects in Orissa....
Buying bagged alumina for Siberia smelters costly for Rusal: source
The Khakas Republic has reconnected a broken railway bridge across the Abakan River, paving the way for Russia's Rusal to resume deliveries of bulk alumina to its aluminum smelters in Siberia, a source familiar with the plants' operations said Tuesday. After the bridge collapsed on May 7 Rusal...
Venezuela approves USD 70 million for CVG Alcasa aluminum smelte
Worldal reported that Venezuela's government has approved USD 70 million for badly needed raw materials and replacement parts at CVG Alcasa smelter. A spokeswoman with the company said that the money has been approved, but the allocation order still has to be signed by President Mr Hugo Chavez....
Oregon DEQ Fines Aluminum Smelter
The Oregon Department of Environmental Quality has issued a $1,700 penalty to Northwest Aluminum Specialties Inc., which runs an aluminum smelting and refining plant in The Dalles, Ore., for an air quality permit violation. The facility operates under a DEQ-issued Oregon Title V permit, which...
RSB Industries gets nod for alumina refinery in Orissa
RSB Industries, the holding company of a low profile auto component manufacturing group headquartered in Pune is planning to enter the aluminium refining and smelting sector in Orissa. The promoters appear unfazed by the delays other projects are facing in that mineral rich state. The group's main...
RSB Industries gets nod for alumina refinery in Orissa
RSB Industries, the holding company of a low profile auto component manufacturing group headquartered in Pune is planning to enter the aluminium refining and smelting sector in Orissa. The promoters appear unfazed by the delays other projects are facing in that mineral rich state. The group's main...
China Henan Sanmenxia delays restart of idled aluminum capacity
China Henan Sanmenxia Tianyuan Aluminium's smelter in Mianchi city has delayed the restart of its earlier idled capacity due to unfavourable market conditions, a company source said Thursday. The plant was originally scheduled to resume full capacity in June, but was now expected to restart next...
Hindalco to raise USD 2 billion debt for Orissa project
Reuters reported that Indian nonferrous metals producer Hindalco Industries plans to shortly raise debt of around INR 80 billion for its Aditya Aluminum project in eastern state of Orissa. Mr Sunirmal Talukdar head of finance said that the company is setting up an alumina smelter and a captive...
Hindalco to raise USD 2 billion debt for Orissa project
Reuters reported that Indian nonferrous metals producer Hindalco Industries plans to shortly raise debt of around INR 80 billion for its Aditya Aluminum project in eastern state of Orissa. Mr Sunirmal Talukdar head of finance said that the company is setting up an alumina smelter and a captive...
Eskom Interrupted Power to BHP Billiton Aluminum Smelter on Low Supplies
Eskom Holdings Ltd., which supplies about 95 percent of South Africa’s electricity, said it interrupted power supplies to BHP Billiton Ltd. (BHP)’s smelters this month to help manage “tight supplies” amid colder weather. Eskom also invoked power-reduction agreements with large customers it can’t...
Smelter plans big spendup
The Tiwai Point aluminium smelter has ramped up its capital expenditure and is planning to spend about $80 million annually for the next four years, with southerners expected to benefit. New Zealand Aluminium Smelters is anticipating doubling its normal spending until 2015 after it secured a...
