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Global aluminium market looks well supplied: JP Morgan
30 JAN 20142MINS

Global aluminium market looks well supplied: JP Morgan

The global aluminium market looks very well supplied. On the surface, JP Morgan projects primary demand will be 53.1m tonnes in 2014, implying the stock-to-use coverage on the London Metals exchange is 14 weeks or more. Nevertheless, a closer look at the fundamentals reveals a sharp divergence in...

Ministry of Industry teams up with  SFD  to support insolvent Mit Ghamr aluminium factories
28 JAN 20142MINS

Ministry of Industry teams up with SFD to support insolvent Mit Ghamr aluminium factories

The Ministry of Industry and Foreign Trade, in coordination with the Social Fund for Development (SFD), is currently tackling a number of challenges facing 20 insolvent factories producing aluminium products, said Minister of Industry and Foreign Trade Mounir Fakhry Abdel Nour. The SFD will use...

Alba sponsors UOB’s 14th Careers Day in support of aluminium
28 JAN 20142MINS

Alba sponsors UOB’s 14th Careers Day in support of aluminium

Aluminium Bahrain B.S.C. (Alba) is a gold sponsor for University of Bahrain (UOB)’s 14th Careers Day, which will be held from March 5 to 7, 2014 at the University’s Sakhir campus. Alba’s sponsorship support underlines the company’s commitment to inspire and enable young Bahrainis to discover career...

Alstom will supply turbine upgrade for combined-cycle power plan of DUBAL
28 JAN 20142MINS

Alstom will supply turbine upgrade for combined-cycle power plan of DUBAL

Alstom has secured a key contract in the United Arab Emirates with Dubai Aluminium (DUBAL), to upgrade two GT13E2 gas turbines with its innovative MXL2 upgrade package. The upgrade will increase flexibility and competitive advantage of DUBAL’s combined-cycle power plant (CCPP). This new contract -...

Ma'aden signs a financing deal with SIDF
27 JAN 20141MINS

Ma'aden signs a financing deal with SIDF

Ma'aden Bauxite and Alumina Co., the subsidiary of Saudi Arabian Mining Co. (Ma'aden) has signed a financing agreement with Saudi Industrial Development Fund (SIDF) for its aluminum project’s second phase. The company will repay the loan of SAR 900 million ($240 million) in 15 semi-annual unequal...

South Africa aluminum industry in crisis with Eskon deal
26 JAN 20142MINS

South Africa aluminum industry in crisis with Eskon deal

Critics have argued BHP Billiton’s power deal with Eskom might be a great deal for the firm but turn out to be a disaster for South Africa. Brokered initially by Mick Davis and then by Derek Keys, the finance minister of the National Party, Gencor (later as BHP) built the Richards Bay smelters....

President of Azerbaijan attends aluminum semis plant launch in Ganja
24 JAN 20141MINS

President of Azerbaijan attends aluminum semis plant launch in Ganja

President of Azerbaijan Ilham Aliyev attended the opening ceremony of plants producing aluminum semis of Detal Alüminium LLC. First, head of state reviewed the plant for metal casting and continuous rolling. Chairman of the State Committee on Property Affairs Karam Hasanov noted that the complex...

Alba Administration inaugurates HSE Week
22 JAN 20142MINS

Alba Administration inaugurates HSE Week

Aluminium Bahrain B.S.C. (Alba)'s Administration Department today (Tuesday, January 21, 2014) launched its HSE Week under the theme "Together, We Build a Safe Culture", encompassing administration employees across all departments at Alba. The HSE event - to be held from January 21 to 23, 2014 -...

No consultation over Bayside closure, says Numsa
22 JAN 20143MINS

No consultation over Bayside closure, says Numsa

The National Union of Metalworkers of South Africa (Numsa) said on Monday that global mining giant BHP Billiton had not "officially" consulted it about the possible closure of parts of the Bayside aluminium smelter in the port of Richards Bay, in KwaZulu-Natal. On Friday last week, the world’s...

2014 Middle East Metals Recycling Conference to be held in Dubai
21 JAN 20142MINS

2014 Middle East Metals Recycling Conference to be held in Dubai

Speakers from around the world presenting information with a global reach are on the roster at the Middle East Metals Recycling Conference, taking place in Dubai 2-3 March, 2014. Recyclers and traders from the Middle East and beyond will again be co-hosted by Media Fusion, publishers of Waste &...

Dubal is now a private joint stocks company
20 JAN 20141MINS

Dubal is now a private joint stocks company

Dubai ruler has issued a law converting Dubai Aluminium ( Dubal ) into a private joint stocks company under a Dubai Aluminium PJS with a declared capital of Dh3 billion ($817 million). The new rule was passed by UAE Vice President and Prime Minister His Highness Sheikh Mohammed bin Rashid Al...

BHP Billiton plans to close down their aluminium smelter in South Africa
20 JAN 20141MINS

BHP Billiton plans to close down their aluminium smelter in South Africa

On Friday, BHP Billiton, the Global mining group said it had already been in talks with its employees about possibly closing their operation at the Bayside aluminium smelter located in South Africa. This company move would result in downsizing of 450 employees. The company said the operation "has...

Hulamin cautions over slab supply as BHP Billiton considers closure of Bayside
19 JAN 20142MINS

Hulamin cautions over slab supply as BHP Billiton considers closure of Bayside

Aluminium products manufacturer Hulamin has advised shareholders that it has entered into negotiations with BHP Billiton South Africa over the future of slab supply from the Bayside casthouse, in Richards Bay. This followed BHP Billiton having initiated a formal consultation with employees of its...

UAE Vice President and PM issues law converting Dubal into PJSC
19 JAN 20142MINS

UAE Vice President and PM issues law converting Dubal into PJSC

In his capacity as Ruler of Dubai, UAE Vice President and Prime Minister His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued Law No. (1) of 2014 converting Dubai Aluminium (Dubal) into a private joint stocks company. Pursuant to the Law, the name of the new company is "Dubai Aluminium...

FG approves re-conduction Of Onitsha-New Haven transmission line
16 JAN 20141MINS

FG approves re-conduction Of Onitsha-New Haven transmission line

The Federal Executive Council (FEC) in Nigeria has approved a contract for the supply of 746km of Aluminium Conductor Composite Core Reinforced (ACCR) for the re-conduction of the Onitsha-New Haven 330 KV transmission line. The project will employ about 3,000 workers during the installation of the...

Alba supports Bahrain International Air Show 2014
16 JAN 20142MINS

Alba supports Bahrain International Air Show 2014

Aluminium Bahrain B.S.C. ( Alba ) is the platinum sponsor for one of Bahrain's most significant events - Bahrain International Air Show 2014 - to be held from January 16 - 18, 2014 at the Sakhir Airbase. Organised under the patronage of His Majesty King Hamad bin Isa Al Khalifa, Alba 's support for...

Ma’aden poised to deliver Saudi aluminium to the world
16 JAN 20142MINS

Ma’aden poised to deliver Saudi aluminium to the world

The Saudi Mining Company (Ma’aden) today announced that it has concluded several contracts to supply Asian customers with over 300 KMT of primary aluminum throughout 2014, complementing the 50 KMT in supply agreements made with local and Turkey customers. “Today we announce that Ma’aden has arrived...

Aluminium Bahrain breaks all time record on sales
15 JAN 20141MINS

Aluminium Bahrain breaks all time record on sales

Aluminium Bahrain B.S.C (Alba) was able to deliver an unparalleled performance in 2013 - sales figures for the year rose by 3.3% year-on-year (YoY) to 919,722 metric tonnes (mt) ahead of the company's own forecast for the period while production figures were up by 2.5% YoY to reach 912,700 mt...