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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According to a recent report, the Odisha Government has designated the hospital of Utkal Alumina International Limited, located at Doraguda village of Kashipur, Rayagada district, as the Covid Care Centre. Aditya Birla Group Company’s Utkal Hospital was earlier being used for institutional...
Balancing between “lives and livelihoods” is what we are learning during the crises of the COVID-19 pandemic as it has brought an unprecedented shock to many industries and the global economy as a whole. Needless to say, the aluminium industry is no different, with adverse impacts on profitability...
The relentless impact of COVID-19 and the precariousness around Brexit is being censured for the loss of up to 18 jobs at the Fort William-based Lochaber smelter. Liberty British Aluminium became ALVANCE British Aluminium as part of a new structure back in February’20 but in few weeks the company...
The decades-old Aluminium company located on the Stourbridge Road in UK, Bridgnorth Aluminium, blazed with a fire shortly before 11.30 pm on 19 th July’20. Bridgnorth Aluminium Ltd has firmly established itself as a trusted supplier of rolled aluminium products. The fire was caught in rubbish at...
As part of efforts to curtail and manage the spread of the global pandemic, COVID-19, a French leader in Aluminium Shipbuilding firm OCEA has donated 30 ventilators to tool the military hospital earmarked for isolation and treatment of COVID-19 patients. The company noted that the ventilators will...
Hydro has made a second round of donations to support communities near its operations in the state of Pará in northern Brazil. The company announced that it will donate about 11,000 food baskets, after delivering 25,000 food baskets to seven communities in April. The initiative is in support of the...
The COVID-19 pandemic has slowed down the restart of the Bécancour Smelter. However, 90% is complete now and more than 200 people have been hired since January’20. Nicole Coutu, General Manager, who also became CEO of Alcoa Canada, admitted that the markets are very difficult. On 11 th June’20,...
The aluminium extrusions market in Sri Lanka is anticipated to drop 40 per cent, owing to the hit on the property sector by the COVID-19 pandemic, said Lanka Aluminium Industries Plc in a stock exchange filing. “We expect the market size for aluminium extrusions by approximately 40 percent and...
Hydro announced the company has donated BRL 5 million more to support the construction and maintenance of field hospitals in the Brazilian state for Covid-19 treatment. The hospitals will have 240 new beds to combat the pandemic in the region. Hydro has signed an agreement with the government of...
According to a recent report, Vedanta’s Lanjigarh alumina refinery has further lent a helping hand in a bid to mitigate the effects of COVID-19. This time, the refinery has provided seeds to the needy peasants in the area to help them develop a vegetable cultivation plan, said a company official....
On Friday morning, May 8, Tiwai Aluminium Smelter donated some groceries and grocery vouchers to the Southland Foodbank and the Salvation Army to lay support during this test of time due to COVID19. Workers of the smelter visited the food bank on Friday to deliver the donations. According to...
Rio Tinto came out with open hands to support local community efforts to fight COVID-19 and its social and economic impacts. The metals and mining giant is contributing $10 million in a multiple of grassroots projects across Canada and the United States. Rio Tinto has taken its stance from the...
ALVANCE British Aluminium has confirmed plans to lay-off 30 to 40 of its workers at the Lochaber smelter in Fort William in response to the impact of the COVID-19 epidemic. The company stated that it is closely tracking the impact of the pandemic and has been adjusting operations to address the...
Vedanta’s Lanjigarh alumina refinery has extended its support to the Government and District Administration for the fight against COVID19 by providing Personal Protection Equipment (PPEs) to the medical staff of the COVID hospital in Bhawanipatna. The unit has also given 60,000 surgical gloves,...
The global aluminium prices are falling and the surfeit inventories are inclining up rapidly, though the market has not yet entered the catastrophe situation that despoiled the global market in 2008, a year is known for recession. The COVID-19 breakout has stroked out aluminium in the worst...
RUSAL is the world's second-largest aluminium company by primary production output and it is pursuing to modify its sales portfolio, including more products for the medical and pharmaceutical industry, at a time of unfeasible market conditions among its traditional end consumers. Rusal has produced...
The businesses in the USA are opening slowly amid COVID-19, though lacks in liquidity. The President of Norwegian Aluminium maker Norsk Hydro’s North American extrusion unit, Charlie Straface has been assembling a COVID-19 task force every other day to draw up the cost-cutting measures to balance...
Arconic is executing mitigation measures with immediate effect that are estimated to reduce operating costs by approx. $150 million on a yearly rate basis. These deduction measures, as well as capital reductions of $50 million, will enhance the Company’s financial profile by approx. $200 million....
