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Abu Dhabi lures Asian investors for Aluminium among others
23 SEPT 20111MINS

Abu Dhabi lures Asian investors for Aluminium among others

Kizad plans Asia offices; phase 1 to be completed end-2012 Abu Dhabi's mammoth new industrial zone is wooing investors from Asia to set up shop and help the emirate diversify its economy away from oil, its top official said. Khalifa Industrial Zone Abu Dhabi (Kizad) at Taweelah, midway between Abu...

UAE recycles five million tonnes of scrap metal annually
22 SEPT 20112MINS

UAE recycles five million tonnes of scrap metal annually

The UAE's position as a major hub for the global multi-billion dollar scrap metal recycling industry will be a key feature of the inaugural Green Middle East exhibition and conference, to be held from 17-19 October 2011 at Expo Centre Sharjah. Both the UAE and Saudi Arabia have established...

Rusal Says Iran Option for Expansion, No Talks on Building Plant
22 SEPT 20111MINS

Rusal Says Iran Option for Expansion, No Talks on Building Plant

United Co. Rusal, the world’s biggest aluminum maker, isn’t holding talks on building a plant in Iran, while saying the Persian Gulf country is a possible opportunity as it expands in developing markets. “Iran is one of numerous options for examination,” the aluminum producer’s Moscow-based press...

Bahrain Increases Gas Prices for Aluminum Producer
22 SEPT 20112MINS

Bahrain Increases Gas Prices for Aluminum Producer

Bahrain is to increase natural gas prices for one of its biggest consumers, Aluminum Bahrain (Alba), from 2012 in a subsidy-slashing move analysts say is overdue in the Middle East and may mark the start of a trend towards international price levels. Many energy intensive industries in the Middle...

Alcoa reorganizes midstream businesses
22 SEPT 20111MINS

Alcoa reorganizes midstream businesses

America's biggest aluminum producer Alcoa Inc said it plans to reorganise its midstream Global Rolled Products businesses to tap growth opportunity in emerging markets. The business will now focus on five global markets -- aerospace, ground transportation, packaging, consumer electronics and...

Samsung wins Emal's thermal plant contract
21 SEPT 20111MINS

Samsung wins Emal's thermal plant contract

Emirates Aluminium (Emal) has awarded South Korea's Samsung C&T Corp a $579.3-million (Dh2.12 billion) a contract to build a thermal plant, the UAE aluminium manufacturer confirmed to Gulf News yesterday. The contract will continue until June 2014, Samsung said in a statement. It was signed on...

Ghana to begin feasibility studies establishing downstream aluminium project
20 SEPT 20111MINS

Ghana to begin feasibility studies establishing downstream aluminium project

The government of Ghana through the Ministry of Energy (MoEn) and the Volta Aluminium Company Limited (VALCO) has signed a Memorandum of Understanding (MoU) with Kenesjay of Trinidad and Tobago and Sural C.A. of Venezuela to conduct feasibility studies towards the establishment of a Downstream...

Emal targets export deals in Far East, US markets
20 SEPT 20112MINS

Emal targets export deals in Far East, US markets

Emirates Aluminium (Emal) is securing deals in the US and Far East to export its products, but will continue to honour its commitments in the Middle East despite the political turmoil in some countries, its president and chief executive told Gulf News. "Emal doesn't look at the business model for...

Eco-friendly Credentials on Display as EMAL Supports International Ozone Day
17 SEPT 20112MINS

Eco-friendly Credentials on Display as EMAL Supports International Ozone Day

Ozone protection is embodied within Emirates Aluminium (EMAL)'s core value of "Protection of the Environment". On the occasion of International Day for the Protection of the Ozone Layer (16th September 2011), EMAL re-inforced its commitment for excellence in environmental action and continues to...

Modernization of Equipment causesTajik Jan-Aug aluminium output off 20pc y/y
14 SEPT 20111MINS

Modernization of Equipment causesTajik Jan-Aug aluminium output off 20pc y/y

Central Asia's largest producer of primary aluminium, Tajikistan Aluminium Company (TALCO), cut output of the metal to 189,838 tonnes in the January-August period, down 20 percent year on year, a company source said on Monday. Output in August was 18,771 tonnes, down 8.9 percent from July and off...

Rising Bauxite prices not to affect Alcoa projects - Chairman & CEO
14 SEPT 20111MINS

Rising Bauxite prices not to affect Alcoa projects - Chairman & CEO

During his visit to Dalian to attend the Summer Davos Forum from Sept 14 to 16, Klaus Kleinfeld, the chairman and CEO of Alcoa, discussed with China Daily the firm's development strategy. Alcoa is the leader in bauxite and alumina and has an enviable position in the alumina sector. Our new projects...

Demand for Aluminum Chemicals in Asia to Increase With Aluminum Metal Demand
13 SEPT 20111MINS

Demand for Aluminum Chemicals in Asia to Increase With Aluminum Metal Demand

Western Asia and Southeast Asia are expected to become the primary drivers for global aluminum demand through 2020, replacing East Asia as China's growth slows due to excessive capacity. Aluminum demand is expected to increase by at least 5% each year. Project investments are beginning to skew...

Sohar Aluminium supports Oman National Power Grid
13 SEPT 20111MINS

Sohar Aluminium supports Oman National Power Grid

True to its mutual cooperation with the government sector Sohar Aluminium’s Power Plant entered into a 2010-2012 agreement with the Oman Power and Water Procurement Company (OPWP) to assist with the increasing demand during peak summer months and enable both parties to transfer power between each...

Balexco plant revamp set to be completed
13 SEPT 20111MINS

Balexco plant revamp set to be completed

Balexco's $21.3 million project to expand its plant in the Sitra Industrial Zone is nearing completion. The Bahrain-based regional aluminium extrusion company's expansion project consists of two parts, a $9.3m anodising unit and a $12m aluminium extrusion line. Both are expected to begin operations...

UAE primary aluminium sector placed firmly on global stage during international industry conference in Paris
12 SEPT 20111MINS

UAE primary aluminium sector placed firmly on global stage during international industry conference in Paris

The growing importance of the UAE's primary aluminium industry in the global market has once again been highlighted, thanks to the joint presence of Dubai Aluminium Company Limited ("DUBAL") and Emirates Aluminium Company Limited ("EMAL"), at 26th International Aluminium Conference, organised and...

Guinea Adopts New Mining Code That Gives State 35% Stake
12 SEPT 20111MINS

Guinea Adopts New Mining Code That Gives State 35% Stake

Lawmakers in Guinea, the world’s biggest exporter of bauxite, adopted a new mining code that will give the West African nation a 35 percent stake in commodity companies. “The code gives a correction to the old one for Guinea’s interests,” Mines Minister Lamine Fofana told reporters after the policy...

BHP fears risk in Guinea project
12 SEPT 20112MINS

BHP fears risk in Guinea project

BHP Billiton is spending money hand over fist expanding its global production capacity. But the big spending stops when it comes to an alumina project in Guinea where the company and its Canadian and Middle Eastern partners have all but stopped work on a $US5.2 billion ($A4.9 billion) alumina...

Alba will modernize facilities to boost output
12 SEPT 20112MINS

Alba will modernize facilities to boost output

Gulf News reported that Aluminum Bahrain will focus on modernizing its older production facilities if and when it has approved an expansion and bedded that down. Mr Laurent Schmitt CEO of Alba said that the expansion which would add a new sixth smelter potline would see first metal produced in 2015...