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EGA named aluminium company of the year at Platts Global Metals Awards
24 MAY 20172MINS

EGA named aluminium company of the year at Platts Global Metals Awards

<p>Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, has been named aluminium company of the year at the Platts Global Metals awards. The awards ceremony took place in London and brought together the global metals industry. EGA was...

Ma’aden signs aluminium capacity expansion MOU with Alcoa at the Saudi-U.S. CEO Forum
23 MAY 20172MINS

Ma’aden signs aluminium capacity expansion MOU with Alcoa at the Saudi-U.S. CEO Forum

<p>Saudi Arabian Mining Company Ma&rsquo;aden signed two landmark Memorandums of Understanding (MOUs) with its U.S.-based partners Alcoa and Mosaic at the ongoing inaugural Saudi-U.S. CEO Forum that was launched in Riyadh on Saturday, May 20. The Memorandums are expected to provide fresh impetus to...

Jilin Midas Aluminium Industries clinches 13 contracts worth RMB521m
18 MAY 20172MINS

Jilin Midas Aluminium Industries clinches 13 contracts worth RMB521m

<p>Midas Holdings subsidiary Jilin Midas Aluminium Industries has secured 13 PRC and international supply contracts. The new contracts are for the projects in Canada, the United States, Saudi Arabia, Italy, Holland, Germany and China. The combined value of these contracts is around RMB520.9...

Aleris inks agreement with MJ Building Materials
17 MAY 20172MINS

Aleris inks agreement with MJ Building Materials

<p>Aleris Corporation, a global leader in the production and sale of aluminium rolled products, announced on Monday that the company inked an agency agreement with UAE-based MJ Building Materials Trading DMCC.</p> <p>With this tie-up, MJ Building will exclusively promote Aleris' 55HX in Bahrain,...

Mozambique aluminium to lag behind coal as the highest export revenue earner
17 MAY 20172MINS

Mozambique aluminium to lag behind coal as the highest export revenue earner

<p>According to Trading Economics data, Mozambique&rsquo;s exports surged 56.2 per cent since 2009 to reach a value of US$3.4 billion in 2016. The year-on-year export increased five percent in the previous year. Aluminium was the second highest commodity and the fastest-growing among the top 10...

UAE based TALEX eyes $150 million loan to replace bridge financing
17 MAY 20171MINS

UAE based TALEX eyes $150 million loan to replace bridge financing

<p>Taweelah Aluminium Extrusion Company LLC (TALEX), the Middle East&rsquo;s most advanced aluminium extrusion plant, is in discussions with regional and international banks for a working capital facility, Stylianos Tsoktouridis,&nbsp;general manager&nbsp;of TALEX, told to Reuters.</p> <p><img...

AlCircle to exhibit as Exclusive Knowledge Partner and Media Partner in ALUMINIUM MIDDLE EAST 2017 from May 15-17 in Dubai
14 MAY 20173MINS

AlCircle to exhibit as Exclusive Knowledge Partner and Media Partner in ALUMINIUM MIDDLE EAST 2017 from May 15-17 in Dubai

<p>ALUMINIUM MIDDLE EAST 2017 Exhibition is all set to host over 200 regional and international exhibitors in the fifth edition of the mega event in Dubai International Convention and Exhibition Center, UAE from May 15-17, 2017. The event is set to position UAE and the Middle East as the preferred...

Iran, Guinea okay feasibility report on bauxite JV project
11 MAY 20172MINS

Iran, Guinea okay feasibility report on bauxite JV project

<p>The Iran-Guinea bauxite project is finally back on track. The final feasibility report on bauxite mining near Guinea&rsquo;s capital city Conarky was approved by government officials from both the countries on Tuesday, May 9.</p> <p>Mehdi Karbasian, Chairman of Iranian Mines and Mining...

Improved production volume and metal price lift Ma’aden’s Q1 2017 results
10 MAY 20172MINS

Improved production volume and metal price lift Ma’aden’s Q1 2017 results

<p>The Saudi Arabian Mining Company (Ma&rsquo;aden) released its consolidated financial and operating results for the first quarter ended 31 March 2017. The Company reported strong profit growth driven by increased production volumes across all segments, improved commodity prices and a cost...

Alba participates in CRU World Aluminium Conference
05 MAY 20171MINS

Alba participates in CRU World Aluminium Conference

<p>Aluminium Bahrain B.S.C. (Alba), the Bahrain-based aluminium smelter, is participating in the Commodity Research Unit (CRU)&rsquo;s 22nd World Aluminium Conference in London.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...

Top five aluminium extrusion companies in the Middle East
29 APR 20174MINS

Top five aluminium extrusion companies in the Middle East

<p>Another region in Asia that is growing substantially in primary aluminium production recent times is the Middle East and specifically the countries under Gulf Corporation Council. Middle East producers are mostly focusing on primary aluminium production and they are the net exporters of...

Stay updated on the aluminium industry mega-events in May
29 APR 20175MINS

Stay updated on the aluminium industry mega-events in May

<p>The month of May is awaiting the aluminium industry players with a few mega events that open up significant business opportunities between the West and the East. &nbsp;The month&rsquo;s events mainly focus on the upstream industry covering smelting, primary aluminium and a few events from the...

Turkey to import less and export more of aluminium powder and flakes in 2017
28 APR 20172MINS

Turkey to import less and export more of aluminium powder and flakes in 2017

<p>Aluminium powder is a granular powder which is obtained from pure molten aluminium metal while aluminium flakes comes from aluminium powder through dry ball milling process. &nbsp;Aluminium powder is used in making paints and sealants, sparkles and glitters, aerated autoclave concrete,...

Aluminium Bahrain’s Q12017 net income jumps 506 per cent YoY
24 APR 20172MINS

Aluminium Bahrain’s Q12017 net income jumps 506 per cent YoY

<p>A global aluminium smelter Alba reported its financial results as per the International Financial Reporting Standards (IFRS) accounting rules. The company said its top-line and bottom-line performance for the first quarter of 2017 was driven primarily by higher LME prices and favourable...

Alba secures $700m from ECA for Line 6 Expansion Project
17 APR 20172MINS

Alba secures $700m from ECA for Line 6 Expansion Project

<p>Aluminium Bahrain (Alba), one of the largest and modern aluminium smelters in the world, has secured commitments of $700 million from Export Credit Agency (ECA) supported facilities to finance Line 6 Expansion Project.&nbsp; The Line 6 Expansion Project is expected to start production by...

Sohar Aluminium set to host the 21st Arab International Aluminium (ARABAL) Conference in Oman
17 APR 20173MINS

Sohar Aluminium set to host the 21st Arab International Aluminium (ARABAL) Conference in Oman

<p><strong><em>More than 500 industry leaders and decision makers from around the world to converge in Muscat</em></strong></p> <p>Sohar Aluminium has announced that it will host the 21st edition of the prestigious Arab International Aluminium (ARABAL) Conference and Exhibition in the Sultanate of...

Alba’s recent power outage causes 3- 5% loss of total production
13 APR 20171MINS

Alba’s recent power outage causes 3- 5% loss of total production

<p>The Bahrain-based global aluminium smelter Alba experienced a power station outage on Wednesday April 5, 2017. The company had faced a temporary loss of power in all five Reduction Lines for approximately 3 hours. The company has restored all power operations.</p> <p><img style="vertical-align:...

Outotec to deliver aluminium technology to Bahrain
13 APR 20172MINS

Outotec to deliver aluminium technology to Bahrain

<p>Outotec has agreed with Aluminium Bahrain B.S.C. (ALBA) on the design and delivery of anode rodding shop facility for ALBA's aluminium smelter expansion in the Kingdom of Bahrain. The parties have agreed not to disclose the contract price, but this is the largest order for Outotec in close to...