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Stena, E.ON Sign Energy Deal
09 NOV 20112MINS

Stena, E.ON Sign Energy Deal

The metals company Stena Aluminium, based in Älmhult, Sweden, and the Sweden-based energy producer E.On Värme have signed a 15-year agreement to allow the waste heat generated at Stena’s smelting plant to be distributed to E.On’s heating customers in Älmhult. “This agreement is entirely in line...

Rains affect Aluar's Puerto Madryn operations
09 NOV 20111MINS

Rains affect Aluar's Puerto Madryn operations

Argentine aluminium producer Aluar (BUE:ALUA) yesterday said that its production capacity in the Puerto Madryn city had been reduced by between 20% and 25% due to strong rains on Sunday. The rains flooded electricity installations and affected the power supply from the Futaleufu hydroelectric plant...

Aluminum Slump Means 25% of Global Smelters Now Losing Money: Commodities
09 NOV 20116MINS

Aluminum Slump Means 25% of Global Smelters Now Losing Money: Commodities

The biggest decline in aluminum prices since the global recession means at least 25 percent of the world's smelters may be unprofitable. The metal fell 23 percent to $2,135.50 a metric ton on the London Metal Exchange since May 1 and energy costs gained 16 percent in the past month. Twenty-five...

Australia aluminum sector to contract over carbon plan
08 NOV 20113MINS

Australia aluminum sector to contract over carbon plan

Australia's new carbon pricing plan will cause a contraction in the country's energy-intensive aluminum industry, already under pressure from cheaper Chinese output, the Australian Aluminium Council said on Tuesday. "This puts us at more of a disadvantage than we were at without the scheme," the...

DJ Argentina's Aluar Says Aluminum Output Cut 20%-25% Due To Landslide
08 NOV 20111MINS

DJ Argentina's Aluar Says Aluminum Output Cut 20%-25% Due To Landslide

Aluar Aluminio Argentina SA (ALUA.BA) said Monday that its production capacity has been reduced by 20% to 25% after a landslide damaged electric equipment that feeds power to its aluminum smelter. In a statement to the Buenos Aires Stock Exchange, Aluar said it's working to restore power to its...

Power Plant of Huayin Aluminum Carry out Repair & Recycling Activity
08 NOV 20111MINS

Power Plant of Huayin Aluminum Carry out Repair & Recycling Activity

(China Aluminum Network) Power Plant of Huayin Aluminum Co., Ltd carries out repair and recycling activity carefully. In recent days, the power plant spent two weeks to made and installed 70 meters security fences and windows. The power plant without any security measures and easy to be stolen in...

Aluminium could aid storage and transportation of hydrogen
04 NOV 20112MINS

Aluminium could aid storage and transportation of hydrogen

Researchers in the US have discovered that aluminium could make it cheaper and easier to store and transport hydrogen. They claim that by impregnating an aluminium surface with another metal that facilitates a catalytic reaction, they can break down and capture individual hydrogen atoms,...

SIFCO Industries Acquires Business and Associated Assets of Aerospace Component Supplier
04 NOV 20112MINS

SIFCO Industries Acquires Business and Associated Assets of Aerospace Component Supplier

SIFCO Industries has declared that it has closed the purchase of the business and associated assets of GEL industries, an Orange, California-based supplier of aerospace components doing business as Quality Aluminum Forge, on October 28, 2011. The Quality Aluminum Forge business offers precision...

Energy supply for aluminum Smelter Expansion Project
04 NOV 20111MINS

Energy supply for aluminum Smelter Expansion Project

The Canadian aluminium smelter Alouette, 20 per cent owned by Hydro, has signed a Memorandum of Understanding with the Québec government to acquire energy for a potential aluminum smelter expansion project. Alouette has signed an Memorandum of Understanding (MoU) for long-term energy supplies,...

Accumulate Sterlite Ind; target of Rs 140: Plilladher
03 NOV 20111MINS

Accumulate Sterlite Ind; target of Rs 140: Plilladher

Alouette has announced the signing of an MoU for long-term energy supplies, which will support the smelter's technological growth and development projects. Under terms of the agreement, Québec government is authorizing Hydro-Québec to provide Aluminerie Alouette with 500 MW of energy, which is...

SIFCO Industries, Inc. Announces Acquisition from DBA Quality Aluminum Forge
01 NOV 20113MINS

SIFCO Industries, Inc. Announces Acquisition from DBA Quality Aluminum Forge

SIFCO Industries, Inc.announces the acquisition of the business and related assets of GEL industries, Inc. (DBA Quality Aluminum Forge) ("QAF"), an aerospace component supplier located in Orange, California. The QAF business is principally known as a supplier of precision forged and machined...

Rio Tinto ready to sell UK plant Alcan
01 NOV 20112MINS

Rio Tinto ready to sell UK plant Alcan

Global mining giant Rio Tinto is readying to sell its aluminium smelting plant Alcan in Lynemouth, Northumberland, and is prepared to close it down if it is not sold. John McCabe from Alcan explained the reasons for the move, “Rio Tinto is streamlining its global aluminium business in order to...

Alcoa seeks cheaper electric rates
29 OCT 20111MINS

Alcoa seeks cheaper electric rates

Alcoa Inc. continues to negotiate with the Tennessee Valley Authority for a new power contract that could help the aluminum maker reactivate its shuttered smelting operations in Blount County. But Alcoa Vice President Michael Padgett said Thursday that aluminum prices will have to improve along...

Century’s Iceland power talks still on
28 OCT 20111MINS

Century’s Iceland power talks still on

Century Aluminum Co.’s discussions with power providers in Iceland continue at a slow pace, but the company remains hopeful that it will soon resume construction on the first of four 90,000-tonne potlines at its greenfield smelter in Helguvik. "The arbitration proceedings with HS (Orka) have...

Alcoa Gets 50-Year Extension for Australia Coal Mining License
27 OCT 20111MINS

Alcoa Gets 50-Year Extension for Australia Coal Mining License

Alcoa Inc. (AA), the largest U.S. aluminum producer, received a 50-year extension to its coal mining license in Australia’s Victoria state, ensuring fuel to power its Point Henry aluminum smelter. Alcoa will be allowed to expand the size of its mine by 59 percent over the period to 665 hectares...

Century Aluminum focus on power agreement
27 OCT 20111MINS

Century Aluminum focus on power agreement

Century Aluminum Co.’s main priority is to secure a new power agreement for its Mount Holly, S.C., smelter in coming months. This is because the facility cannot continue to operate profitably under the existing contract, the company’s top executive said. "This is a major problem at this plant. We...

Aluminium good business in long run
25 OCT 20111MINS

Aluminium good business in long run

Prospects for the aluminium industry have worsened in the short term, with prices and margins weakening on fears of a global economic slowdown. Yet in the long term and the right environment, aluminium — used in a range of products from beverage cans to roofing — can be a good business. Natixis...

Govt keeps Alcoa waiting on Wagerup
24 OCT 20113MINS

Govt keeps Alcoa waiting on Wagerup

Alcoa is yet to hear from the WA Government whether it has been granted a five-year approvals relief for the much-hyped $2.2 billion expansion of its Wagerup alumina refinery south of Perth. The original five-year environmental approval expired last month and even though Alcoa began applying for an...