$11.5b Adani-IRH aluminium project set to strengthen Odisha’s aluminium value chain
Odisha has handed over more than 7,000 acres of land for the Adani Group-International Resources Holding (IRH) joint venture’s proposed USD 11.5 billion integrated aluminium complex. This covers planned alumina refining, aluminium smelting and downstream manufacturing facilities across Sundargarh...
Dr Sanja Miskovic joins American Rare Earths to advance Halleck Creek processing
American Rare Earths has appointed Dr Sanja Miskovic as Chief Technical Advisor, with her work focused on process optimisation and recovery as the company advances the feasibility study for its Halleck Creek Rare Earths Project in Wyoming, USA. Miskovic will work on flowsheet development, mineral...
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Mahindra, MSTC ink agreement for setting up auto shredding and recycling plant in India
<p>India's Mahindra Intertrade, a part of the diversified Mahindra Group has inked an agreement with the State-run metal scrap trading firm MSTC for setting up an auto shredding and recycling plant in the country. The JV agreement was inked in presence of Steel Minister Chaudhary Birender Singh and...
Nalco mulls reducing aluminium CoP by 9%
<p>The state-owned aluminium producer National Aluminium Company (Nalco) is aiming at paring down aluminium output cost by eight-nine per cent to increase long-term profitability in a changed business scenario. The company aims to do that by ramping up production through brownfield expansion and by...
Construction at Nalco’s Damanjodi alumina refinery to commence in Feb 2017
<p>India's Navarana PSE National Aluminium Company (Nalco) expects to commence construction at its alumina refinery complex at Damanjodi, in the Koraput district of Odisha, in February 2017, according to industry reports. The vertically integrated aluminium producer had announced a major expansion...
Indian aluminium industry re-aligns its focus on downstream manufacturing
<p>Indian aluminium industry is finally aligning itself with the global trend of downstream integration. For the 4.129 million tpy-capacity primary aluminium industry which happens to be blessed with the proximity to one of the world’s richest bauxite reserves- the principle ore for aluminium...
Structural aluminium supplier refurbishes factory site for £4m extension
<p>The UK based Eltherington Group Ltd has announced the completion of its Hedon Road development project which was a part of its expansion plans. The completion of the new £4m factory facility on the Seven Seas site marks the end of an era for a Hull aluminium supplier.<br /><br...
New power tariffs devised for new aluminium projects in Inner Mongolia
<p>All upcoming aluminium projects in Inner Mongolia will now have to adopt a new price-base power tariff system. According to a recent Shanghai Metals Market report, the government has decided to implement a new pricing mechanism, which is based on aluminium prices in the Shanghai sport market.<br...
AMAG Austria reports record increase in shipment volumes in Q1
<p>AMAG, a leading supplier of high-quality aluminium cast and flat rolled products in Austria for a number of industries like aerospace, automotive, sports equipment, lighting, mechanical engineering, construction and packaging has reported the results of H1 2016.</p> <p>Highlights:</p> <p> ...
Alba awards GE and GAMA consortium as power station 5 EPC contractor
<p>Aluminium Bahrain B.S.C. (Alba), home-base of the Line 6 Expansion Project, has awarded GE and GAMA Consortium the Engineering, Procurement and Construction (EPC) contractor for its Power Station (PS 5).<br /><br />Under the terms of the contract, GE and GAMA Consortium will be responsible to...
Fluor Corp bags $501 mln bauxite expansion project in Guinea
<p>Irving, Texas based multinational engineering and construction firm Fluor Corporation has been awarded with a major bauxite expansion project in Guinea. The engineering, procurement and construction management contract was signed between the representatives of Compagnie des Bauxites de...
Vedanta Production Release for Q1 2016 reports a number of positives for the aluminium business
<p>Vedanta Resources Plc. releases the production report for the First Quarter ended 30 June 2016. Highlights from the aluminium section point towards a number of positives despite the volatile market and raw material insecurity, the company has been struggling with.<br /><br /><strong>Operation...
Nalco to set up second aluminium smelter and power complex at Angul
<p>State-owned aluminium producer National Aluminium Company (Nalco) is inching towards setting up its long-awaited second aluminium smelter and power complex in Odisha within the premises of its present plant at Angul at a total cost of INR 14,000 crore.<br /><br />Earlier, Nalco had identified...
Nexans announces H1 Results: WINDLINK® solution launched using low-voltage aluminium cables
<p>Nexans ended the first half of 2016 on a buoyant note. A pioneer in renewable energies, the group notched up quite a few commercial successes in its key business areas. <br /><br />In the energy infrastructure sector, it won a contract worth around €245m connect the Beatrice Offshore Wind...
Orbite announces HPA update and Second Quarter 2016 results
<p>Orbite Technologies Inc. yesterday filed its financial statements for the second quarter ended June 30th, 2016. The company reported a loss before net finance expense and taxes of $1.8 million for the quarter, a decrease from a loss of $3.5 million for the comparable quarter in the prior year,...
Bauxite Resources continues to look for new investment opportunities in mining
<p>Bauxite Resources Ltd publishes its June 2016 Quarterly Activities and Cashflow Report. The report confirms that the proposed 5 cent per share return of capital payment was completed on 21 June 2016.<br /><br />Exploration activities continued but at a minimal levels on the HD Mining...
Dudley’s Aluminium awarded with BBC Wales HQ contract
<p>Aluminium fabricator Dudley's Aluminium has been roped in to for work on BBC Cymru Wales' new £120 million headquarters building in Cardiff. The property has been forecast to add more than £1 billion into the Welsh economy over a ten-year period.<br /><br />The project is being...
Yunnan Aluminum aims at alumina self-sufficiency by 2020
<p>China's Yunnan Aluminum Co. is all set to further strengthen its upstream business verticals. According to the industry sources, the company has set an ambitious target for itself- to become 100 per cent self-sufficient in alumina by 2020. <br /><br />At present, Yunnan Aluminum’s alumina...
ASI to launch its certification program by the end of 2017
<p>Aluminium Stewardship Initiative (ASI) is aiming at launching its certification program by the end of 2017. The ASI was launched in 2012 to promote sustainability and transparency throughout the aluminium industry. The organization is now working on developing required normative documents and...
Aluminium Bahrain may increase $750 mln loan for expansion project - CEO
<p>Aluminium Bahrain (Alba) has received strong support from banks for a loan to part-finance its Line 6 expansion project and may increase the amount it borrows from an original $750 million target, its chief executive said on Tuesday.<br /><br />Alba will become the world's largest single...
