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Outotec to install EUR5.1 million processing line at Rusal plant
27 JUN 20131MINS

Outotec to install EUR5.1 million processing line at Rusal plant

German company Outotec is in the process of constructing a EUR5.1 million state-of-the-art electrolyte processing line at UC Rusal’s BEMO smelter in Tayozhny in the Krasnoyarsk region of Russia. The equipment automates the process in which the electrolyte is crushed to the required fraction of any...

Trimet achieves record aluminium production at Essen plant
26 JUN 20131MINS

Trimet achieves record aluminium production at Essen plant

TRIMET Aluminium SE has yielded seven millionth ton aluminium at its Essen plant. This produced quanity in the past week is a record since the foundry’s foundation. The jubilee Aluminium was delivered in the form of highly specialized slabs to the company’s long-standing customer Constellium Singen...

Novelis increases price of aluminium sheet products in Europe
26 JUN 20131MINS

Novelis increases price of aluminium sheet products in Europe

Novelis announced price increases on its painted aluminium sheet products in Europe. The fabrication price will increase by 100 Euro per ton for painted products and selected specialty sheet. The price changes are effective immediately for all new orders not covered by current supply agreements....

Alcoa completes capacity upgrades for 3rd gen aluminium/lithium alloys
19 JUN 20131MINS

Alcoa completes capacity upgrades for 3rd gen aluminium/lithium alloys

Alcoa has announced completion of the second-phase expansion of aluminium/lithium alloy capacity at its Kitts Green facility, in the UK, to better serve the growing demand for the company’s third-generation aluminium/lithium alloys. The company on Tuesday said it expected aluminium/lithium revenues...

Rio’s French smelter at Dunkirk under threat without new power deal
19 JUN 20132MINS

Rio’s French smelter at Dunkirk under threat without new power deal

Rio Tinto’s endeavors to keep open one of its French smelters raises questions not just about the viability of this particular plant but aluminum smelting in Europe in general. The smelter in question, according to Reuters, serves as the largest aluminum plant in the European Union with 2012...

Montenegro eyes bankruptcy for stricken aluminium plant
18 JUN 20132MINS

Montenegro eyes bankruptcy for stricken aluminium plant

The Montenegrin government filed a court motion on Friday to consider bankruptcy for the country’s single biggest industrial employer, indebted aluminium plant KAP, which faces having its electricity cut off over unpaid bills. Kombinat Aluminijuma Podgorica employs 1,200 people and accounted for...

Norsk Hydro acquires Vigeland Metal Refinery and Vigelands Brug
18 JUN 20131MINS

Norsk Hydro acquires Vigeland Metal Refinery and Vigelands Brug

Hydro has signed an agreement with Rio Tinto Alcan to acquire its 50 percent ownership share in the Vigeland Metal Refinery AS and 100 percent ownership share in the AS Vigelands Brug hydropower station, located in southern Norway. Hydro held a 50-percent ownership share in Vigeland Metal Refinery...

Aughinish Alumina pays €1,952 corporation tax on sales of more than €191 million
18 JUN 20131MINS

Aughinish Alumina pays €1,952 corporation tax on sales of more than €191 million

Billionaire Russian oligarch Oleg Deripaska’s firm Aughinish Alumina paid just €1,952 in corporation tax over the past five years, despite generating sales of more than €191 million, reports the Sunday Independent. Deripaska, whose wealth is valued at $8.8 billion (€6.6 billion) by Forbes magazine,...

European secondary aluminium prices go up despite LME fall
17 JUN 20132MINS

European secondary aluminium prices go up despite LME fall

European secondary aluminium ingot notched up higher prices on Friday June 14, as producers secured higher prices even as London Metal Exchange aluminium prices faltered during the last week. Earlier, DIN226 pressure diecasting ingot prices increased to €1,740-1,780 ($2,778-2,838) per tonne from...

EDF might take stake in French Rio Tinto aluminum plant
17 JUN 20132MINS

EDF might take stake in French Rio Tinto aluminum plant

French utility EDF could take a stake of up to 40 percent in Rio Tinto's Saint-Jean-de-Maurienne aluminum plants in exchange for agreeing a discount on the electricity it supplies, financial daily Les Echos reported. Rio Tinto is negotiating with Germany's Trimet Aluminium AG over a sale of the...

Bosnia seeks to avert closure of top exporter Aluminij
17 JUN 20132MINS

Bosnia seeks to avert closure of top exporter Aluminij

Authorities in Bosnia sought to avert the closure of the country's top exporter, aluminium smelter Aluminij Mostar, on Thursday with a deal to settle its ownership structure and redundancy issues. Officials said the agreement could be inked on Monday, although negotiations appeared to be ongoing....

AMAG to provide aluminium for airbus
17 JUN 20131MINS

AMAG to provide aluminium for airbus

The volume of the order stretching over several years, which AMAG agreed to on January 1 2013, comes up to € 100m, as announced by the company. AMAG and EADS have been cooperating since 2005. The current agreements involve the supply of aluminium plates, sheets and foils for the recent Airbus...

Klesch's talks to buy Alcoa Sardinia smelter stall
14 JUN 20131MINS

Klesch's talks to buy Alcoa Sardinia smelter stall

Negotiations over Swiss industrial group Klesch's potential purchase of U.S. aluminium maker Alcoa's plant in Sardinia have stalled, the Italian Industry Ministry said in a statement on Wednesday. Last year Klesch presented a formal expression of interest in the aluminium smelter, which is being...

Rio Tinto invests in French aluminum plant to cut power costs
14 JUN 20132MINS

Rio Tinto invests in French aluminum plant to cut power costs

Rio Tinto has invested nearly 80 million euros in its Dunkirk aluminum plant in the past 18 months and plans to invest at least that much again over the next five years on energy saving and efficiency improvements. The largest aluminum plant in the European Union with 2012 production of 286,600...

AMAG achieves 4% increase in productivity
12 JUN 20132MINS

AMAG achieves 4% increase in productivity

Quintiq, a global leader in supply chain planning and optimization (SCP&O), announced that Austria Metall AG (AMAG) has successfully implemented Quintiq Scheduler in its cold mill facility in Ranshofen, Austria. Contracted for implementation across the facility over three stages, Quintiq Scheduler...

The closure of Bosnia's sole aluminium smelter is set to affect thousands of jobs
12 JUN 20131MINS

The closure of Bosnia's sole aluminium smelter is set to affect thousands of jobs

The closure of Bosnia's sole aluminium smelter, "Aluminij ", is set to affect thousands of jobs in the Balkan country and neighbouring Croatia and will lessen their chances for returning to economic growth any time soon, officials warned on Friday. Aluminij Mostar, faced with high power costs and...

Kobe Steel, Hydro form technical cooperation agreement for automotive aluminum body panels
11 JUN 20132MINS

Kobe Steel, Hydro form technical cooperation agreement for automotive aluminum body panels

Kobe Steel, Ltd. announces that it has entered into a technical cooperation agreement with Germany's Hydro Aluminium Rolled Products GmbH for aluminum sheet used in automotive body panels. The agreement covers the exchange of technical information regarding the use of aluminum in automobile bodies...

Bosnia’s sole aluminium smelter to close this month
10 JUN 20132MINS

Bosnia’s sole aluminium smelter to close this month

Bosnia’s sole aluminium smelter, Aluminij Mostar, will close on June 17 to the loss of some 900 jobs at the plant, a major employer in the south of the former Yugoslav state and its biggest exporter. About two million tons of aluminium production has been shut down in Europe since the 2008...