The ongoing geopolitical tensions, especially with the closure of the Strait of Hormuz, are deemed to be creating an adverse impact on Jamaica's bauxite and alumina sector. As warned by the Jamaica Bauxite Institute (JBI), the country is now grappling with increased production costs and a feeding...
The global aluminium price is on a rising trend, reaching a four-year high, especially because of the ongoing tensions in the Middle East. In March 2026, the aluminium price rose to USD 3,492 per tonne. In the upcoming African Mining Week (AMW) 2026, which is being scheduled for October 14-16 in...
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Senior union officials are in Nhulunbuy in the Northern Territory to press Rio Tinto to clarify details about shutting down the Gove alumina refinery. Rio Tinto announced last month that it would be mothballing the refinery next year. Australian Manufacturing Workers Union national secretary Paul...
Wilmington Iron and Metal and Metaldyne Bluffton were the largest unsecured creditors in the bankruptcy filing of US recycler Global Scrap Management along with its aluminum foundry division Altimet, which filed for Chapter 11 protection November 26 in US Bankruptcy Court, Southern District of...
Rio Tinto’s decision to shut its Gove alumina refinery in the Northern Territory will destroy the region, the Australian Workers union says. AWU National Secretary Paul Howes said the decision questions Rio’s social licence to mine. "We are talking about an entire town being destroyed here, $500...
In early July, the Commercial Court of Podgorica launched the bankruptcy proceedings for Montenegro's aluminum giant Krombinat Aluminijuma Podgorica (KAP). This massive aluminum plant was founded in 1971 with the intentions to become a stable pillar of the nation's economy; however, KAP has now...
RIO Tinto Alcan will be fined between $30,000 and $50,000 after admitting it did not have the capacity to cope with a big flood at its red mud dam at Yarwun last year. Rio Tinto pleaded guilty on Wednesday to the breach of environmental obligations in Gladstone Magistrate's Court, with the...
Aluminium companies from the US Midwest to the East Coast were hit by power outages resulting from powerful storms that hit the country earlier in the week. Netherlands-based aluminium products manufacturer Constellium experienced three power outages at its plants in Novi and Van Buren during the...
What was once the largest private employer in its region is now Ohio's largest industrial layoff of the year. Republican Gov. John Kasich is facing criticism over the indefinite shuttering of Ormet Corp., an aluminum smelting giant along the Ohio River and the onetime largest customer of American...
A fire at Aleris Aluminum Recycling was quickly extinguished due to the quick work of employees and the Elyria Fire Department, said Aleris spokeswoman Shannon Bennett. The fire, which began in a processing oven, was reported at 11:51 a.m. Wednesday. Firefighters arrived about four minutes later,...
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...
The northbound lanes of Alcoa Highway were partially blocked for more than four hours Monday afternoon after a tractor-trailer rig overturned near the Hilton Knoxville Airport. At about 4 p.m., the flat-bed tractor-trailer, carrying 47,000 pounds of aluminum roll, was on the Hunt Road ramp getting...
Hungarian alumina maker MAL is laying off about 250 people as it ceases processing its own bauxite, liquidator Judit Kemerle Szego said yesterday. About 72% of the layoffs are skilled workers. The layoffs will take place by next May, she added. MAL earlier laid off 183 people at its bauxite mine in...
It is not all that good for Alcoa Inc as it has been forced to close some of its aluminum plants to reduce the production of aluminum by 164,000 tons. These plans are aimed at ensuring a balance between supply and demand. The close of some of the plants will reduce the aluminum capacity by...
Sapa Extrusions plant manager Ron Ballman says the Delhi aluminum manufacturer is back in full production following a weekend fire that briefly shut down operations in the cast house. The fire occurred about 6:30 p.m. Saturday because of moisture in the molten metal area. A flash fire ignited...
Local media in Myanmar report Singapore’s Ocean Sentinels Ship Management has handed over around $1m as compensation to Myanmar seafarers and families involved in the Harita Bauxite ship sinking in February, in which 15 people perished. The Harita Bauxite sank in Philippine waters on its way to...
Oetinger's French subsidiary, Affinage de Lorraine, located at Gorcy, also applied for insolvency July 30, legal firm Kebekus and Zimmermann, which is acting as temporary insolvency administrators for Oetinger, told Platts in an email this week. Affinage, which produces about 50,000 mt/year of...
The U.S. Environmental Protection Agency (EPA) has ordered Century Aluminum of West Virginia to develop an updated cleanup plan for a former industrial facility in Ravenswood, West Virginia, that was used for the storage and disposal of hazardous materials that were byproducts of aluminum...
Press Metal Bhd's aluminum smelting plant in Malaysian Borneo could stay shut for three to six months after a six-hour power outage on June 27, a company official. "We are assessing the impact," the official said on Wednesday. "We still have another plant (in Samalaju) up and running to meet...
The gloss has come off the secondary aluminium markets in the UK and Europe this year, and we are now beginning to see the cracks that have been forecast since producers started struggling for an adequate margin last year. During its daily conversations with market participants, Metal Bulletin has...
