The aluminium industry is entering the second half of 2026 with demand signals moving in different directions. Beverage cans are finding new consumption opportunities in Brazil, extrusion demand remains resilient in key markets, and aluminium producers are benefiting from firmer prices. At the same...
Alurion Resources has started infill drilling and bulk-sample trenching at its Amargosa Bauxite-Gallium Project in Bahia, Brazil, as the newly listed company advances the asset toward a targeted mid-2027 pre-feasibility study. The field programme marks a shift from defining the project’s resource...
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US-based aluminum rolled products maker Novelis (NYSE: NVL) will invest US$400mn in Brazil to raise production capacity to meet the expected increase in domestic consumption to 4.5Mt/y by 2025, senior VP and president of Novelis South America, Marco Palmieri, said at the V international aluminum...
Alcoa Inc. continues to look for high-cost smelting and refining capacity for potential capacity cuts, a goal that chief executive Klaus Kleinfeld called a "strong commitment." Speaking to analysts on Tuesday's conference call after the aluminum giant released its first-quarter results, Chairman...
Novelis, owned by the Aditya Birla Group flagship company, Hindalco Industries, has been selling its loss-making assets for a while, even if it means selling a smelter in a high-growth market like Brazil. Now, it has gone a step ahead and decided to sell a business that is doing well, but doesn’t...
GIA announces the release of a comprehensive global report on Bauxite and Alumina markets. The global market for Bauxite and Alumina is forecast to reach 211.3 and 76.2 million metric tons, respectively, by the year 2017. With global economy on the growth path post recession, both production and...
Emerging market investors should always keep an eye on the direction of securities in the aluminum sector. Equities such as Alcoa ( AA, quote ) and exchange-traded funds such as iPath DJ-UBS Aluminum TR Sub-Idx ETN ( JJU , quote ) may be well off their year highs - but they're on the rebound. Like...
Companhia de Alumina do Para's (CAP) Board of Directors has decided to postpone the construction of a new alumina refinery in Barcarena, Brazil. The main reasons for the postponement of the CAP project are the uncertainty related to short- and medium-term aluminium supply/demand balance and the...
"Today and for the next few years there is a risk of oversupply of both aluminium and alumina. We are suffering from market prices that are not sustainable. Therefore the fundamentals must become more important for the pricing of our products in the future," Undeli said. Undeli was a keynote...
BNamericas cited Mr Adjarma Azevedo national aluminum association CEO of Abal as saying that Brazil's primary aluminum production is not seeing any investment due to high power costs. Mr Azevedo said that "Energy in Brazil is the third most expensive in the world, behind only China and Germany. The...
According to Reuters, the world’s largest producer of aluminum producer, Alcoa Inc. (AA) is targeting to hike the prices by 5% for certain coil and flat sheet products. The increased price would be charged for new orders from March 1, 2012. The price hike would encompass the products like 2xxx and...
Vale ADR Representing One Ord Shs (NASDAQ: VALE) was downgraded by research analysts at Dahlman Rose from a “buy” rating to a “hold” rating in a report issued on Thursday. Separately, analysts at HSBC (NYSE: HBC) downgraded shares of Vale ADR Representing One Ord Shs from an “overweight” rating to...
Atlanta-based Novelis, a producer of rolled aluminum products, has announced plans to invest about $50 million to install a coating line for beverage can end stock at its operations in Pindamonhangaba, Brazil. The company forecasts aluminum beverage can demand in South America to grow by 7 percent...
Midas Holdings announced the subsidiary Jilin Midas obtained three metro project contracts with totally 0.142 billion yuan. Two of them are inland contracts one is CSR Nanjing Puzhen Co., Ltd. and the other one is CSR Zhuzhou Electric Locomotive Co., Ltd, worth 44,800 thousand yuan and 38,000...
Brazil's domestic aluminum consumption is forecast to rise by an average of 8.9%/y in the 2012-25 period, according to national aluminum association Abal, paper Valor Econômico reported. The growth rate for 2011 is the same, according to Abal. The industry is expected to reach 1.42Mt of products...
Novelis, the world's largest producer of rolled aluminum, today announced it will invest approximately $50 million to install a coating line for beverage can end stock at its operations in Pindamonhangaba, Brazil. "This expansion is the most recent step in an ongoing program to expand our...
The demand for primary aluminium is set to touch 75 million tonnes by 2020, primarily with India, China and Brazil emerging as the new growth centres for aluminium-based products. In 2010, the production of the metal globally had increased to 40 million tonnes. In addition to this, 10 mt of the...
Brazil is emerging as one of the fastest growing aluminium markets in the world due to its rapidly developing economy and strong raw material base. The country has witnessed a continuous rise in the demand and import of aluminium. Consequently, the country's aluminium consumption has gone up by 8%...
Alcoa and Embraer have inked a sharing contract for a new technology, which will use the proprietary aluminum alloys and superior manufacturing and design methods of Alcoa along with its fastener technologies for helping in the advancement of Embraer’s high-performance wing solutions and metallic...
Alcoa (NYSE: AA - News) has been recognized as one of 21 model companies in Sustainability in Brazil by Exame, a well-known Brazilian business magazine, which publishes the country’s prestigious annual survey on corporate social responsibility. This is the sixth time Alcoa was recognized for its...
