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DUBAL and EMAL to tap potential European market
22 MAY 20132MINS

DUBAL and EMAL to tap potential European market

Dubai Aluminium and Emirates Aluminium target growth in market share within the European market. Since its first forays into the region in 1996, DUBAL has developed long-term partnership relationships with customers that have driven consistent growth in the company's sales volumes into Europe,...

Dubal and Mubadala to fully acquire Guinea Alumina Corporation
20 MAY 20131MINS

Dubal and Mubadala to fully acquire Guinea Alumina Corporation

Aluminium and Mubadala said they will acquire the remaining part of Guinea Alumina Corporation they don’t already own, a move that secures long-term access to bauxite used at UAE smelters. The two parties are purchasing the interests in GAC from BHP Billiton and Global Alumina Corporation, the two...

BHP sells interests in Guinea alumina
20 MAY 20132MINS

BHP sells interests in Guinea alumina

There has been a change to BHP Billiton's long-held plan to exit what was once trumpeted as a $US5.2 billion ($5.29bn) alumina development opportunity in bauxite-rich Guinea. A plan in which BHP would have sold its one-third stake to the original promoter of the alumina project, Canada's Global...

Dubai Aluminium and Mubadala amounted to 100% in the capital of Guinea Alumina Corporation
20 MAY 20131MINS

Dubai Aluminium and Mubadala amounted to 100% in the capital of Guinea Alumina Corporation

The UAE Dubai Aluminium Group and Mubadala, an investment fund owned by the government of Abu Dhabi, announced on May 16, they will rise to 100% in the capital of Guinea Alumina Corporation (GAC), by purchasing the shares of BHP Billiton and Global Alumina Corporation in society. Dubai Aluminium...

Alba sponsors CRU's 18th World Aluminium Conference in London
17 MAY 20133MINS

Alba sponsors CRU's 18th World Aluminium Conference in London

Alba officials can be seen here at the company’s exhibition stand at the CRU’s 18th World Aluminium Conference taking place in London from May 14 – 16, 2013 -- from left Acting Manager Sales & Marketing (GCC, ME and Africa), Amal A. Rahman Ahmed, Chief Executive, Tim Murray, Investor Relations...

Kizad attends World Aluminium Conference to showcase industrial zone's advantages
16 MAY 20133MINS

Kizad attends World Aluminium Conference to showcase industrial zone's advantages

As part of efforts by the Khalifa Industrial Zone Abu Dhabi (Kizad) to raise its profile across the international business community, representatives from the giant UAE based industrial zone are in London this week attending the 18th CRU World Aluminium Conference. Starting with a press briefing...

UAE-developed world-leading aluminium technologies and premium purity products promoted at 18th World Aluminium Conference
15 MAY 20136MINS

UAE-developed world-leading aluminium technologies and premium purity products promoted at 18th World Aluminium Conference

DUBAL and EMAL continue to target growth in European market share, raise profile of UAE aluminium sector, at CRU 2013. United Arab Emirates: The key players in the UAE's primary aluminium industry -- Dubai Aluminium and Emirates Aluminium -- will participate jointly at the Commodity Research Unit's...

ALSCON ownership tussle: Supreme Court commences hearing again
15 MAY 20133MINS

ALSCON ownership tussle: Supreme Court commences hearing again

The Nigerian Supreme Court will determine who has acted contrary to ts judgement. The Supreme Court will on Monday hear the petition against the Bureau of Public Enterprises (BPE) over its decision to cancel the offer to BFIG to acquire the Aluminium Smelter Company of Nigeria (ALSCON). The BPE,...

Azerbaijan to build $4.8b oil refinery and aluminum plant in RI
15 MAY 20133MINS

Azerbaijan to build $4.8b oil refinery and aluminum plant in RI

Azerbaijan, one of Indonesia’s major suppliers of oil, was planning to build a US$4.8 billion oil refinery in Batam and an aluminum plant in Kalimantan to cement the increasingly close relations between the South Caucasus nation and Southeast Asia’s largest economy, a top Azerbaijani diplomat said....

ALSCON to inaugurate water project in Akwa Ibom
14 MAY 20132MINS

ALSCON to inaugurate water project in Akwa Ibom

The management of Aluminium Smelter Company of Nigeria in Ikot Abasi, Akwa Ibom, says it will soon inaugurate water project in the state. The Director, Government- Public Relations, Tatyana Smirnova, disclosed this in an interview in Ikot Abasi Local Government Area. Smirnova said that the project...

Alba posts strong sales figures despite depressed prices
13 MAY 20131MINS

Alba posts strong sales figures despite depressed prices

Aluminium Bahrain has posted Q1 sales of $498m, up by $2m on the same period for 2012 ($496m). Net income almost doubled from $57m in 2012 to $108m – an increase of 89% – and CEO Tim Murray attributed the company’s success to strong operational performance but also Alba’s ability to ‘capitalise on...

Alba employees honoured at the national stage
13 MAY 20132MINS

Alba employees honoured at the national stage

Aluminium Bahrain B.S.C.'s employees were amongst a select group of 150 workers from different companies in Bahrain who were honoured for their outstanding performance during a ceremony to mark the International Labour Day. Held under the patronage of His Majesty King Hamad bin Isa Al Khalifa, the...

More expansion on the cards for Emal
13 MAY 20131MINS

More expansion on the cards for Emal

Emal CEO Saeed Fadhel Al Mazrooei is already looking beyond the Abu Dhabi smelter’s phase ll development in anticipation of major global growth in demand for aluminium. Emal’s phase ll development will come on stream in December 2013 and by Q2 2014 will boost the smelter’s annual capacity from...

Estonia offers seaports for Tajik aluminum export
09 MAY 20132MINS

Estonia offers seaports for Tajik aluminum export

Estonian Prime Minister Andrus Ansip, who is on a two-day official visit to Tajikistan offered the Tajik government to widely use the seaports of his country for the export of Tajik aluminum to other countries. "I am accompanied with the representatives of the business circles, who are interested...

Aluminium Bahrain reports results for the first quarter of 2013
09 MAY 20132MINS

Aluminium Bahrain reports results for the first quarter of 2013

Aluminium Bahrain B.S.C has announced its financial results for the first quarter of the year 2013. Alba's sales for the first quarter of 2013 reached $498m, up by $2m from $496m in Q1 2012 due to strong physical premiums and favourable management performance despite low LME prices. The company has...

Emal plans further expansion
09 MAY 20132MINS

Emal plans further expansion

Emirates Aluminium, a joint venture between Abu Dhabi investment fund Mubadala and Dubai Aluminium, is planning a further smelter expansion around 2017, its CEO said. The group is on track to complete its $4 billion phase two by the end of 2014, when it capacity will rise to 1.3 million tonnes from...

India & Middle East emerge as new aluminum hubs
08 MAY 20133MINS

India & Middle East emerge as new aluminum hubs

China is still the big story in primary aluminum production on a global scale, but India and the Middle East are coming up as rival hubs, analysts and participants in the sector said. Lower energy costs and easier access to raw materials are the biggest attractions in India and the Middle East;...

Dubai Municipality presents Green Industry Award 2013 to Gulf Extrusions
07 MAY 20132MINS

Dubai Municipality presents Green Industry Award 2013 to Gulf Extrusions

Gulf Extrusions, a leading global manufacturer of extruded aluminum products, has announced that it has received the Green Industry Award 2013 from Dubai Municipality in recognition of the company's exemplary environmental achievements over the past years. The award, which was presented to Gulf...