Storvik and Charl-Pol have launched Alumotion to bring proven robotic solutions, local engineering and lifecycle support closer to Canada's aluminium smelters. Canadian aluminium smelters are set to gain a new source of automation expertise as Storvik and Canadian technology company Charl-Pol...
The US Department of Justice has urged a court to dismiss Oklahoma Attorney General Gentner Drummond’s lawsuit filed on the proposed USD 4 billion Oklahoma aluminium smelter, arguing that the project would strengthen national and economic security. The move comes as the joint venture of Emirates...
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Sitting on rich resources of bauxite and coal, Odisha is an ideal centre to produce aluminium, the domestic demand for which is to continue to grow at an annual rate of at least eight per cent. Odisha has a share of 1.81 billion tonnes (bt) of the country's bauxite deposits of about 3 bt. The state...
Bosnia's sole aluminium smelter and top exporter Aluminij Mostar has listed its shares, opening the way for trade in the stock after a rescue deal for the major employer and mainstay of the economy. The company was able to list its shares after a new ownership structure was registered by the...
The Aluminium Smelter Company of Nigeria (ALSCON) in Ikot Abasi Local Government Area of Akwa Ibom says it is losing 6.1 million US dollars monthly due to high cost of production. Mrs Tatyana Smirnova, its Director of Public/Government Relation, disclosed this to the News Agency of Nigeria (NAN) on...
Norsk Hydro ASA's part-owned aluminium smelter in Slovakia, Slovalco, has signed a Power Purchase Agreement (PPA) for power supply with Slovenské Elektrárne. Following signing of a Letter of Intent for power supply, announced on July 18, Slovalco has entered into a PPA for electricity supply in the...
UC RUSAL, a leading, global aluminium producer, announces that it has deployed a new dry gas scrubbing system at its Novokuznetsk aluminium smelter. The new gas treatment equipment will ensure that potroom emissions at the site (phase 2) are absorbed. The overall budget for the project was RUB 120...
In order to boost electricity supply in the country, the current operator of the nation’s premier Aluminum Smelter Company of Nigeria (ALSCON), in Ikot Abasi, Akwa Ibom State, UC RUSAL, has affirmed its readiness to inject approximately 360 mega watt annually to the national grid. However, the...
Meridian Energy and other power company shares could get a boost if a National victory in the next election looks more certain, an analyst says. Another analyst warns potential investors in Meridian that power companies face a range of uncertainties and volatile profits, and were not necessarily...
Thousands of people drew paychecks from the sprawling Kaiser Aluminum smelter in north Spokane during its more than 50 years of operation. The California company that bought the Mead site last year is about a third of the way through a project to put people to work on the property again, this time...
Aluminium Smelter Company of Nigeria, ALSCON in Ikot Abasi Akwa Ibom state, has commissioned a new water project in one of its host communities. According to the Director of Public Relations of the company, Mrs. Tatyana Smirnova, the water project is one among fifteen others so far provided by the...
Ormet Corp will immediately close its 270,000-tonne-per-year aluminum smelter in Hannibal, Ohio, a casualty of historically low metal prices and "uncontrollable" power costs, the company said on Friday. The move follows a ruling on Wednesday by the Public Utilities Commission of Ohio (PUCO), which...
MARC maintains Press Metal Berhad's (Press Metal) BBB rating on the outstanding Redeemable Convertible Secured Loan Stock (RCSLS) with detachable warrants on MARCWatch Negative. The rating was first placed on MARCWatch Negative on July 3, 2013 following the shutdown of Press Metal's aluminium...
In 2010, Evgeny Nikitin was appointed Managing Director of Krasnoyarsk Aluminium Smelter (KrAZ), one of the world's largest aluminium production facilities. From 2008 to 2010, he was managing director of the Sayanogorsk Aluminium Smelter (SAZ) after beginning his career with RUSAL as a pot operator...
The Public Utilities Commission of Ohio voted on Wednesday to approve Ormet Corp's revised power deal with energy supplier American Electric Power Co Inc, saving the U.S. aluminum producer from likely closure. The commission added, however, that it was modifying parts of Hannibal, Ohio-based...
Slovak aluminium producer Slovalco and the country's dominant power producer Slovenske Elektrarne (SE) have reached an agreement on a new electricity supply contract, an important step towards keeping the aluminium smelter afloat, Pravda daily reported. Under the new contract, SE will supply a...
United Co Rusal will convert its loss-making Russian aluminium smelters to the production of vehicle components as well as rolled and cable products, it said on Monday September 30. To fund the transformation, Rusal has signed a memorandum of intent with state-owned development bank Vnesheconombank...
Relying on hydroelectric power, the nine aluminum smelters in Quebec have reduced their carbon footprint to “the lowest in the world,” an industry spokesman told a provincial government commission studying energy options on Monday. But “a green ingot gives the industry nothing,” Jean Simard,...
Well-positioned geographically to serve the growing markets in Eurasia, Dubai Aluminium ("DUBAL") and Emirates Aluminium ("EMAL") - the two primary aluminium smelters in the UAE that sold a total of 1,839,419 tonnes of cast metal products worldwide in 2012 - will exhibit jointly at the 3rd...
Unveiling a new plan for high growth through diversification and expansion, aluminium giant Nalco is set to invest more than INR 33,000 crore in a host of sectors including energy to boost its productivity and profitability. "NALCO is embarking upon an ambitious growth plan involving a massive...
