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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Hindalco eyes Rs 9,200-cr Mahan's financial closure by March
...The road shows to achieve the financial closure for Hindalco’s Mahan Aluminium project have begun. The project, slated at Rs 9200 crore, will have a 359 kilo tonne per year (ktpy) aluminium smelting capacity and 900 MW of captive power...
EMAL to launch 2nd aluminium smelter in 3 Years
...Japan Metal Bulletin reported that Emirates Aluminum in which Dubai Aluminum has 50% interest completes the Phase II expansion as early as by end of 2013 to double the annual output capacity to 1.5 million tonnes...
Alucan aluminum production down by 15pct in 2010
...According to official of Alucam, a Cameroon Aluminum smelter, the company’s annual production of aluminum in 2010 totaled 63 thousand tonnes down by 15% from the forecast due to the insufficient supply of electricity...
Smelter demands that blocked electricity contract be honoured
...THE operator of the Kurri Kurri aluminium smelter, the Norwegian-owned Hydro Aluminium, says the future of its smelter in the Hunter Valley is in doubt because of a lack of government commitment...
Noranda says sets production record in Q4 at Missouri aluminum smelter
...Noranda Aluminum achieved record production in the fourth quarter at its 263,000 mt/year smelter in New Madrid, Missouri, shipping 152 million pounds of primary aluminum products, the company said Wednesday...
Alcoa restarts aluminum smelters in Bellingham
...Alcoa Intalco Works is restarting some idled aluminum smelting pots and has hired 55 more workers, a move that had been announced in January. The company is buying additional power to help meet demand for aluminum as global economic conditions improve. The capacity had been offline since 2008....
Intalco fires up formerly idled aluminum smelting pots
... Alcoa Intalco Works has announced that it’s switching on the first of the formerly idled aluminum smelting pots at the Ferndale facility. ....
DJ Cameroon 2010 Aluminum Output Steady At 63,000 Tons -Official
... Cameroon's lone primary aluminum smelter, produced 63,000 metric tons of the metal in 2010, around 15% off its target for the year, ... The output figure is steady with 2009 output, and the failure to increase it .... its aluminum output capacity within five years from the current capacity of...
Jobs to go at Kurri Kurri's aluminium smelter
...The Australian Workers Union is urging the owners of the Kurri Kurri aluminium smelter to look at voluntary rather than forced redundancies as part of an efficiency drive...
400 Jobs Saved at Aluminium Plant
...Governor Steve Beshear was in Western Kentucky today symbolically finalizing a deal between State Government, Henderson County Government and Rio Tinto Alcan. That deal allows the company to invest 37 million into their aluminum smelting plant in Sebree, retaining 488 jobs. All three sides have...
Kurri smelter in talks about new power contract
...Management at the Hydro Aluminium smelter at Kurri Kurri, in the Hunter, have begun talks with Macquarie Generation on a new power contract, amid concern for the plant'...
Aluminum smelter has failed to earn USD 1.8 billion
...The situation of CVG Alcasa, a Venezuelan smelter, has not changed and following 17 days of operations at a minimum level, the board of directors of the basic industry is assessing the consequences...
Iceland Resumes Alcoa Talks on Smelter, Vidskiptabladid SaysMongolia Beg
...Iceland’s government has resumed talks with Alcoa Inc. on building an aluminum smelter in the north of the island, Vidskiptabladid reported, without saying how it obtained the information. John Thuestad, Alcoa’s president of global production, and Marcos Ramos, the company’s president of global...
Hydro workers to front power inquiry
...Kurri Kurri Aluminium workers are expected testify before an Upper House inquiry today about how the scrapping of a power contract has jeopardised the smelter's future...
Aluminum smelters Alcasa and Venalum operate at a minimum level
...The actions taken in Caracas by union leaders of CVG Venalum, a Venezuelan basic industry, were unsuccessful. Demonstrations mounted in the aluminum smelter on Monday and workers blocked the access gates of the plant. As a result, operations remain at a minimum level. ..
Dubal smelter produces more than 1Mt in 2010
...There was further good news for the company’s Casting Operations, which produced more than 1Mt of finished aluminium products for the second consecutive year...
Aluminum Surplus to Widen as Idled Smelters Restart
...Global aluminum supply will exceed demand by 5.6 percent this year, spurring lower prices, as idled smelters restart and new capacity comes on-stream, Japan’s third-largest trading house said...
Rio getting back on track after flood disruption
...The domestic and international supply of aluminium from Rio's Boyne Island smelter was disrupted in early January, with the company declaring a force majeure as the result of the floods which devastated Queensland and parts of northern NSW...
