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LME aluminium rises slightly supported by strong manufacturing data from Europe, Asia
04 DEC 20172MINS

LME aluminium rises slightly supported by strong manufacturing data from Europe, Asia

LME aluminium climbed higher on Friday, December 1, supported by the encouraging manufacturing data from most of Europe and Asia. The light metal which had closed at US$2,033 per tonne on Thursday, December 30, rose by about half a dollar to close at US$2,046.50 per tonne on Friday. It is unlikely...

Romanian aluminium company receives USD 167 million credit facility
01 DEC 20171MINS

Romanian aluminium company receives USD 167 million credit facility

Alro S.A., the largest aluminium producer in Continental Europe (except Russia and Scandinavia), announced it recently signed three-year USD 167 million credit facility from eight banks. The transaction and the club of eight banks was led by RBI Group (Raiffeisen Bank International and Raiffeisen...

Mytilineos looks to finalize alumina investment this month
01 DEC 20171MINS

Mytilineos looks to finalize alumina investment this month

Mytilineos, a Greece-based industrial group, will soon become Europe’s biggest alumina producer after finalizing a $400 million alumina investment at a meeting on December 22. The company is expected to start construction of new alumina refinery in 2018. Mytilineos' Chief Executive Officer...

Dutch lifeboat maker to deliver the world’s first aluminium freefall lifeboats
30 NOV 20171MINS

Dutch lifeboat maker to deliver the world’s first aluminium freefall lifeboats

The Netherlands based lifeboat manufacturer Verhoef has won the first delivery contract of aluminium freefall lifeboats for the Valhall Flank West project in Norway. The lifeboats with electric propulsion named Valhall Flank West will be used for the first time on the Norwegian Continental Shelf...

Aluminium foil deliveries stay positive in Q3 despite continuing drag on exports
30 NOV 20172MINS

Aluminium foil deliveries stay positive in Q3 despite continuing drag on exports

Continuing recovery in European markets more than offset volatility in exports of alufoil products, according to figures just released by the European Aluminium Foil Association (EAFA). Deliveries of all gauges rose 0.5% year on year, in the three months to September 2017, with domestic deliveries...

Sweden’s aluminium scrap export grows in last three years; Germany tops the importer list
24 NOV 20171MINS

Sweden’s aluminium scrap export grows in last three years; Germany tops the importer list

Sweden exported $135 billion worth of goods around the world in 2016. The country is the 26th largest export economy in the world and the 62nd most complex economy according to the Economic Complexity Index (ECI). Germany imports the largest volume of aluminium scrap from the country. In 2016,...

Every Can Counts plans to expand aluminium recycling programme in Ireland
22 NOV 20172MINS

Every Can Counts plans to expand aluminium recycling programme in Ireland

The Every Can Counts, launched in England in 2009, has planned to expand the programme in all 32 counties of Ireland and Northern Ireland. Currently, the programme is running in 12 countries across the EU. Every Can Counts aims to encourage people to recycle aluminium cans in all environments...

EBRD grants Alu Menziken loan to construct aluminium profile factory
19 NOV 20171MINS

EBRD grants Alu Menziken loan to construct aluminium profile factory

Aluminium profiles and tubes manufacturer Alu Menziken has been granted a 25 million euro ($29.5 million) loan by the European Bank for Reconstruction and Development (EBRD) for the development of new aluminium profile factory in Romania. Matteo Patrone, Director of EBRD, Regional Head of Romania...

COIL’s revenue dips 6.6% in the third quarter of 2017
15 NOV 20171MINS

COIL’s revenue dips 6.6% in the third quarter of 2017

COIL, the world leader for aluminium anodising, announced its revenues for the third quarter and first nine months of 2017. The company’s revenues were down in July- September period when compared with the same period of 2016, but the revenue in the quarter was higher than the second quarter of...

Italy’s aluminium tubes and pipes exports to see slight increase in 2017
14 NOV 20171MINS

Italy’s aluminium tubes and pipes exports to see slight increase in 2017

The increase in spending in building and construction sector is driving the demand for aluminium tubes and pipes globally. It is projected that the demand for this commodity will continue to increase in the years ahead. {newsStudioGallery} Italy, the 8th largest exporter in the world, exported EUR...

EU Proposal for new CO2 emission targets misses opportunity to unlock potential of lightweighting cars
09 NOV 20172MINS

EU Proposal for new CO2 emission targets misses opportunity to unlock potential of lightweighting cars

The European aluminium industry regrets that the Commission missed the opportunity to stop penalising lightweighting while it is essential for decarbonising mobility. The proposed regulation for post-2020 CO2 emission standards for cars and vans unfortunately still bases the targets on the mass of...

Aluminium beverage can recycling rate in Europe stands at 73%: European Aluminium
09 NOV 20172MINS

Aluminium beverage can recycling rate in Europe stands at 73%: European Aluminium

The overall recycling rate for aluminium beverage cans in Europe (EU 28 + EFTA) increased by 1.6% to a new record level of 72.9% in 20141, a press release from European Aluminium confirms. European Aluminium considers this result an important milestone on its path towards the future split aluminium...

Bosnia and Herzegovina’s alumina import to drop in 2017; Greece tops the exporter list
09 NOV 20171MINS

Bosnia and Herzegovina’s alumina import to drop in 2017; Greece tops the exporter list

Bosnia and Herzegovina is the 73rd largest importer in the world. The country’s imports of commodities increased at an annualized rate of 0.765%, from $10.9B in 2011 to $9B in 2016. Greece is the top supplier of alumina to the country. Other exporting countries to Bosnia and Herzegovina are France,...

Romanian aluminium can producer to modernize its manufacturing facility
09 NOV 20171MINS

Romanian aluminium can producer to modernize its manufacturing facility

Can-Pack, the only aluminium beverage can producer in Romania, is planning a major investment in order to modernize its manufacturing facility in Romania. The fund will come from the European Bank for Reconstruction and Development (EBRD). The company will introduce innovative products and resource...

Hydro signs energy contract for Norwegian aluminium portfolio
09 NOV 20171MINS

Hydro signs energy contract for Norwegian aluminium portfolio

Norsk Hydro ASA announced on Tuesday that its fully owned subsidiary Hydro Energi AS entered into a long-term contract with Markbygden Ett AB to supply power to company's aluminium plants. Markbygden Ett AB, a Swedish wind power company, will provide an annual baseload supply of 1.65 TWh in the...

Spain’s alumina import volumes estimated to increase in 2017
07 NOV 20171MINS

Spain’s alumina import volumes estimated to increase in 2017

Spain imported US$309.6 billion worth of goods in 2016. The country’s imports decreased during the last five years. Export of alumina is estimated to increase considerably in 2017. {newsStudioGallery} According to recent estimates, in 2016, the top alumina exporting countries to Spain are France...

ALTEK receives funding to support commercialisation of ALUSALT technology
07 NOV 20171MINS

ALTEK receives funding to support commercialisation of ALUSALT technology

ALTEK, a technology based company with expertise and experience in aluminium dross and scrap processing systems, signed funding agreement with Santander Corporate & Commercial. Alan Peel, Managing Director of ALTEK Europe, said: “We’ve been leading the way with new technologies for the aluminium...

Montenegro likely to increase bauxite export in 2017
06 NOV 20171MINS

Montenegro likely to increase bauxite export in 2017

Montenegro’s exports of commodities increased during the last three years. Bauxite is among the top export commodities of the country. Rudnici Boksita Niksic is a large mine located in the Central - Western part of Montenegro. {newsStudioGallery} The mine represents the largest bauxite reserve,...