Alcoa prices $2.6b senior notes for South32 bauxite, alumina and aluminium deal
Alcoa Corporation has set the price for a USD 2.6 billion senior notes offering to help finance the cash consideration for its proposed acquisition of South32’s bauxite, alumina, and aluminium assets . Along with the cash on hand, this debt is expected to provide permanent funding for the...
Alcoa strikes $3.1b cash-and-stock deal for South32’s key aluminium assets
Alcoa Corporation is acquiring South32’s key aluminium assets in a USD 3.1 billion deal in cash plus 17,008,960 Alcoa shares, expanding its upstream aluminium portfolio across Australia, Brazil and South Africa. The transaction will also give South32 and its shareholders an equity interest in the...
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CITA acquires stake in aluminium smelting and power plant companies in North Kalimantan
The Indonesia-based company engaged in bauxite mining and alumina production, PT Cita Mineral Investindo Tbk (CITA), will be involved in two businesses in Bulungan, North Kalimantan, one of which manages an aluminium smelting facility and the other a power plant. However, PT Kalimantan Aluminium...
Artem builds 2.5 tonnes Birmingham Raging Bull with lightweight aluminium tubes and foam
Birmingham's show stopper, the Raging Bull, is about to be relocated to a new hosting ground in the upcoming few weeks, as was revealed by Commonwealth Games associates. The aluminium-clad showpiece enticed a million onlookers nationally and internationally as it was deported out of the Alexander...
Adaro Energy envisions accomplishing the aluminium smelter project by 2025
The world’s leading exporter of thermal coal, PT Adaro Energy Indonesia Tbk, plans to begin constructing the aluminium smelter in North Kalimantan this year and anticipates accomplishing it within two years or maximum, by 2025. Febriati Nadira, the Head of Corporate Communication at Adaro Energy,...
TISICS to develop demisable one-piece aluminium tanks for UK Space Agency
An aviation industry innovator, TISICS has accepted the UK Space Agency's funding to create self-depleting launcher parts lowering the chances of a spacecraft being hit by space debris. They are about to replace the contemporary HPV liner with the introduction of a one-piece aluminium liner or...
Alcoa resumes operations with 95% strength in its Portland Aluminium smelter
On 22 December, news came floating that Alcoa’s Portland Aluminium smelter has resumed production with an annual capacity of 35,000 metric tonnes. The production had been reduced up until now in the Victoria-based Australian aluminium smelter. As soon as the reboot was successful, Portland...
NALCO introduces aluminium LED cap stock in Alloy AA1100 for stronghold in downstream sector
On December 29, great news came floating from Navratna CPSE National Aluminium Company Limited (NALCO) as the company formally confirmed the launch of a new downstream element in coil form - Aluminium LED Cap stock in Alloy AA1100 with temper H12. Aluminium LED Cap stock in Alloy AA1100 is usually...
Alphacraft invests INR 80 crores to construct fifth aluminium die-cast unit in India
According to sources, a Coimbatore-based aluminium die cast maker, Alphacraft, will invest almost INR 80 crores in materialising its fifth plant. The Managing Director of Alphacraft, M Ramesh, claimed that the expansion is due to the rising demand for aluminium components required by the automobile...
Talgo aluminium coaches begin journey via Egypt's Cairo-Alexandria route
The Egyptian National Railway (ENR) has officially started operating the first of six locomotive-sledged inter-city trains provided by Spanish train manufacturers Talgo on its exclusive Cairo – Alexandria route. These trains feature a robust yet lightweight aluminium construct. Talgo was handed...
Hydro invests in green transitions and Norwegian aluminium smelters
Investing in Norwegian aluminium smelters will enable Hydro to take the lead in climate-efficient aluminium solutions through continued industrial development and green transition initiatives. This will extend the lifespan of the aluminium smelters and will convert the products to low-carbon...
ACC Vietnam and UACV flag off solar project to make greener aluminium components for aircrafts
Asia Clean Capital Vietnam (ACC Vietnam) has joined hands with aerospace components provider Universal Alloy Corporation Vietnam (UACV), agreeing on a 15-year power purchasing deal. The partnership has begun shaping a rooftop solar PV project with a capacity of 4.3 MWp, which will be crucial for...
Croatia's Brodosplit shipyard begins constructing self-driven crewless aluminium ship
The largest shipyard in Croatia, Brodosplit, announced its initiation of building a self-propelled crewless ship focused primarily on firefighting and preventing sea pollution in maritime accidents and rescue operations. On December 22, 2022, Brodosplit stated, "The hull and superstructure will be...
Downstream weekly recap: AddUp introduces the FormUp® 350 Evolution for printing parts up to 1 meter tall; Gränges breaks ground on Newport facility expansion
The Guangzhou Futures Exchange, China's newest commodities market, saw a decline of 1 per cent on Thursday from China, the world's largest producer of industrial silicon. To focus on "new energy" components like lithium and rare earths, the market was founded in that year. Gränges began...
Primary aluminium weekly recap: World primary aluminium production reflects a monthly drop of 3.2% in November 2022; Rusal approves the updated climate strategy until 2032
This week, the global primary aluminium segment witnessed limited but significant events. To begin with, Norsk Hydro and the other two partners announced their planning's to construct an onshore wind farm along Norway's west coast for a price ranging from 3 and 4 billion Norwegian crowns ($304...
3XN finishes its first aluminium-clad hotel in France overlooking La Défense
3XN, a Danish architecture company based in Copenhagen, completed its first project in France, the InDéfense office and Hôtel OKKO situated side by side between the railroad and a road in the Les Groues neighbourhood of Nanterre, overlooking the La Défense business area. The building had been...
Five eminent institutions bearing invention flags in the aluminium industry
Aluminium is benefitting a lot these days from innovations brought in by eminent institutions across the globe. Some innovations have evolved the production processes of the metal, while others have advanced the technologies used in the processes. Here in this article, we have picked five...
Gränges breaks ground on Newport facility expansion to enhance aluminium battery cathode foil production
On Monday, December 19, Gränges reportedly broke ground on an expansion at its Newport facility to boost aluminium battery cathode foil (BCF) production. This investment positions Gränges as the first company in the US to fund BCF production. BCF is a crucial component for lithium-ion batteries,...
Downstream weekly recap: Norsk Hydro invests in a new automotive press in Hungary; Wight Aluminium attributes strong workforce for its 50 years of longevity
Guangdong Hoshion Aluminium, a Chinese company, specialising in the design, development, manufacture, and sale of industrial aluminium extrusion products, signed a strategic partnership agreement with Contemporary Amperex Technology (CATL) to conduct extensive collaboration in the area of...
ElvalHalcor equips its cold rolling facility with an SMS Airwash™ system
The Greek aluminium manufacturer ElvalHalcor SA has installed the SMS Group's Airwash™ technology at its cold rolling production site in Oinofyta, close to Athens. Elval gave the SMS group the final acceptance certificate for the project's successful conclusion in the fall of 2022. However, with...
