Coal-heavy Australian aluminium vs renewables-led New Zealand: How Oceania is balancing decarbonisation
Oceania’s primary aluminium industry is facing a fragmented energy transition. While Australia, the leading aluminium producer of the continent, has abundant renewable resources and a well-established aluminium value chain, its smelters remain significantly more dependent on fossil-fuel-based...
Can the US afford to cut Canada off? 75% aluminium and $100b energy tell the story
The US aluminium industry’s dependence on Canada extends far beyond primary aluminium imports. While Canada supplies around 75 per cent of US imported primary aluminium, covering roughly 60 per cent of the country’s annual aluminium usage, it is also a major supplier of crude oil, natural gas and...
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LME aluminium set for further gains while SHFE aluminium is likely to diverge
<p>Despite uncertainty persisting among traders ahead of the US elections next week, base metals mostly rose overnight supported by multiple macroeconomic factors, barring a few on global commodity exchanges. LME aluminium broke through the US$1,700/mt limit to close at US$1,726/mt after...
Alcoa Corporation Launches as an Independent company in Bauxite, Alumina and Aluminum Products
<p>Alcoa Corporation today announced that it has completed the separation from its parent company Alcoa Inc. (now named Arconic Inc.) and has begun operating as an independent, publicly-traded company listed on the New York Stock Exchange under the symbol “AA.” Alcoa Corporation is a...
China Hongqiao’s aluminium smelter capacity at risk after environmental regulators impose penalty
<p>China Hongqiao, which usurped state-backed Aluminium Corporation of China and Russian oligarch Oleg Deripaska-controlled Rusal in the space of two years to become the world’s largest aluminium smelter last year, has run afoul of Chinese environmental regulations on over half of its...
TALCO thrives on Tajik govt's subsidies and debt write-offs
<p>Tajikistan has been in discussions with the International Monetary Fund (IMF) for months on a bailout amounting to more than $500 million. According to the latest Reuters reports, Tajikistan has sought $100 million in loans from the European bank for Reconstruction and Development. The...
Meridian chief hopeful about Tiwai Point aluminium smelter staying operational
<p>New Zealand's prime electricity generator and retailer Meridian said they want the Tiwai Point aluminium smelter to stay operational. At the company's annual general meeting held on October 28, in Christchurch, chief executive Mark Binns told shareholders that he could see how important the...
Logistic bottleneck and high demand drive surge in aluminium price in China
<p>A huge stock of aluminium ingots are piling up at the Chinese market waiting for delivery and an artificial shortage in available supply is surging up aluminium price in the spot market. Aluminium futures at Shanghai Future Exchange rose to a two-year high on Wednesday October 26. Aluminium...
RUSAL announces the launch of lighter, more compact and efficient RA-550 pot
<p>Leading global aluminium producer UC RUSAL has launched the first RA-550 pot of new generation running at over 550 kA at the Sayanogorsk aluminium smelter. The US$28 million project is expected to make the aluminium smelting process at RUSAL significantly energy-efficient. <br /><br />An...
20th Arabal Conference to present ME aluminium industry to the global players
<p>The 20th Arab International Aluminium Conference (Arabal) has brought together more than 2,000 participants from 20 countries, and is highlighting key topics in the region's aluminium industry such as value creation through energy efficiency, job creation, and economic output.<br /><br />This...
Shareholders in Greece's PPC agree new tariffs with client Aluminium
<p>Greece's main power utility PPC secured shareholder approval on Wednesday of tariffs the company will charge its biggest client Aluminium of Greece, concluding two years of negotiations between the two companies over power supply prices.</p> <p>PPC, which is 51 percent owned by the state, and...
An undersea transmission cable potential threat to smelters
<p>Aluminium smelters in South Eastern Europe, before all KAP in Podgorica, Montenegro and Aluminij d.d. in Mostar, Bosnia and Herzegovina, are potentially at risk of experiencing higher electricity costs after an undersea transmission cable becomes functional in late 2018.<br /><br />On October 4,...
IBAAS concludes its 5th international Symposium successfully in Goa, India
<p>After three eventful days of delegation networking, brainstorming and paper presentation, of 5th International Bauxite, Alumina & Aluminium Society (IBAAS) symposium with a highlight on the evolving Asia-Pacific aluminium industry and the issue of sustainability for the aluminium industry...
Indian aluminium industry has enough scope for improvement in energy consumption- Mines Secretary at IBAAS 2016
<p>The 5th International Bauxite, Alumina & Aluminium Society (IBAAS) Symposium- 2016 opened its doors to the domestic and international delegates at Radison Blu Hotel & Resort in South Goa, India today and the conference will host delegates from international and domestic aluminium...
Study indicates HVDC capacitor market to grow at a 15.19% CAGR in next five years
<p>A recently published study by WISE GUY Reports has forecasted the global HVDC capacitor market to grow at 15.19% CAGR and reach $4.36 billion by 2020. The report says that the rising demand for electricity has put the current power generation infrastructure under pressure. Besides, demand and...
Anglesey Aluminium site demolition plans unveiled
<p>A demolition notice has been lodged with the island’s council planners by the Orthios Group to make way for the billion-pound project.<br /><br />The application will see the flattening of several one-storey buildings which used to house the potlines, metal products and green carbon...
China environmental protection team orders production halt at aluminium porcessing plants
<p>China is getting tougher on environmental issues in the country's downstream aluminium sector. The central environmental protection inspection team ran random checks on several aluminium processors in Henan’s Gongyi and Inner Mongolia, where they were found not to be conforming with the...
DOE awards grant to Shiloh Industries to develop energy efficient casting technique
<p>U.S. Department of Energy (DOE) HPC4Mfg program has selected Shiloh Industries, Inc., a top supplier of light weighting, noise and vibration solutions for the automotive, commercial vehicle and industrial sector for a funding to develop innovative energy efficient casting techniques.<br...
International cable and wire companies planning expansion in Vietnam
<p>Electricity demand in Vietnam is on the rise. Market watchers say the demand will increase at more than 10 per cent per annum rate in the near future. The rapidly increasing population and economic growth is being viewed as the major driver for growth. Southern Vietnam is passing through a...
Tiwai Point aluminium smelter closure likely to hit fossil fuel plants in NZ
<p>The closure of Tiwai Point aluminium smelter in New Zealand will have a far reaching impact on the economy. A recent report by the NZ Ministry for Business Innovation and Employment forcasted a rapid exit of several fossil fuel power plants from the country if the aluminium smelter finally...
