Rusal nears final approval for new bauxite-to-alumina project in Kalimantan, Indonesia
Russian aluminium producer Rusal is nearing the final stage of the permitting process for a planned bauxite-to-alumina processing project in Kalimantan, Indonesia, according to Energy and Mineral Resources Minister Bahlil Lahadalia. The project will process bauxite into alumina as part of...
$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...
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SNC-Lavalin awarded engineering contract by Emirates Global Aluminium
SNC-Lavalin has been awarded an engineering services contract by Emirates Global Aluminium (EGA) to provide operations support services to EGA’s two aluminium smelters in the United Arab Emirates - namely Emirates Aluminium (EMAL) and Dubai Aluminium (DUBAL). SNC-Lavalin will provide engineering...
Nalco sets all-weather business model to face global slowdown
In view of the slump in the world aluminium market, the National Aluminium Company (Nalco) has developed an all-weather business model to maintain profitability. "Given the tough going in the market, Nalco, a leading foreign exchange earner for the country amongst the central public sector...
Metro Mining readies export logistics at growing bauxite project
Metro Mining has further de-risked its developing export business profile by entering into a deal for the provision of transhipment services relating to the Bauxite Hills project in Queensland. The agreement with Bauxite Transhipment Services (BTS) will allow Metro to minimise capital expenditure...
Altech Chemicals publishes quarterly activities and cashflow report
Altech Chemicals published its quarterly activities and cashflow report for the period ending December 31, 2015. The highlights of the report are given below: 1) Altech signed mandate with German KfW IPEX-Bank for project financing • Exclusive project finance mandate with German KfW IPEX-Bank •...
Vedanta to ramp up aluminium SEZ capacity from next fiscal
Buoyed by an order of the state power regulator here, diversified metals and mining major Vedanta Ltd is gearing up to ramp up capacity at its aluminium smelter SEZ (Special Economic Zone) at Jharsuguda from the next fiscal. "The state power regulator, OERC (Odisha Electricity Regulatory...
Milestone for Holyhead biomass project as Anglesey Aluminium site handover is completed
Plans to build a multi-million-pound biomass plant and eco-park that would create around 500 jobs on Anglesey have taken a significant step forward following the official purchase of the site. Orthios has announced that the handover of the former Anglesey Aluminium site in Holyhead has now been...
China Zhongwang's new aluminium-body automobile production unit to come up in Yingkou
China Zhongwang Holdings, the world's second largest and Asia's and China's largest producer of industrial aluminium extrusion products is planning to come up with an aluminium-body automobile manufacturing plant in Yingkou City, Liaoning. Operations at the project, with a planned investment of 6...
Upbeat Nalco plans to invest INR 30,000 crore for growth in next 5 years
Upbeat about a rise in aluminium consumption in India, Navaratna PSU Nalco is all set to invest INR 30,000 crore in various projects in the next five years. “Nalco plans to invest to the tune of INR 30,000 crore in the next five years,” Nalco’s CMD Tapan Kumar Chand said in his Republic Day...
Orbite announces bought deal financing
Orbite Technologies Inc. is pleased to announce that it has entered into an underwriting agreement with Euro Pacific Canada Inc. under which the Underwriter has agreed to buy on a bought deal basis 4,000 units of the company at a price of $1,000 per Unit for gross proceeds of $4,000,000. In...
Accuride introduces new lightweight aluminium wheels at HDAW’16
Accuride Corporation, a leading supplier of components to the global commercial vehicle industry - announced it has added two new lightweight aluminium wheels to its product offering today at Heavy Duty Aftermarket Week 2016 in Las Vegas. The wheels are part of Accuride’s effort to provide...
Chelsea FC chooses Sapa's Technal systems for academy extension
Aluminium façade systems from the Technal brand have been specified for a third project at Chelsea Football Club’s training academy campus in the UK - a seamless below-ground extension to an existing pavilion. Sited on green-belt land, the extension demanded a sensitive architectural approach to...
NALCO: If you cannot beat Middle Eastern aluminum smelters, join them
India’s National Aluminium Co. (NALCO) seems to be declaring it will, indeed join them. The state-owned aluminium producer is sending a team to Iran, Qatar and Oman to explore opportunities for setting up a gas-fired thermal power plant and associated aluminium smelter next month according a report...
Russia's Rusal eager to enter China's aluminium sector
Russia's leading aluminum maker Rusal wants to enter China's aluminum downstream production industry through joint ventures, Rusal CEO Vladislav Soloviev said at the World Economic Forum in Davos on Friday. Soloviev said he sees the downstream aluminum production industry, which makes aluminum...
Nalco to scan sites in Iran, Qatar for smelter unit next month
State-owned aluminium maker Nalco will send a team of officials to Iran, Qatar and Oman as early as next month to explore opportunities for setting up a gas-based thermal power plant and an aluminium smelter. Previously, the over $2-billion project was slated to come up at one of the specially...
Groundbreaking for Garmco’s $50m aluminium remelt plant held in Bahrain
Groundbreaking for Gulf Aluminium Rolling Mills Company's (Garmco) $55 million aluminium remelt plant was held on Thursday near the company’s main production facilities in Bahrain. The project, which is part of a three-year programme aiming to increase profitability and explore opportunities for...
Vizag aluminium alloy wheels unit invests $140 million in Bahrain
Shekhar Movva of Synergies Castings Ltd (SCL) will invest $140 million in a world-class aluminium alloy wheels firm in Bahrain. The SCL will invest the amount in two phases with the majority being held by Synergies. The joint venture with the Sovereign Wealth Fund ‘Mumtalakat,’ an investment arm of...
NALCO revives $2 billion Iran smelter plan as sanctions end
National Aluminium Company NALCO will soon send an official team to Iran to explore setting up a smelter complex worth about $2 billion, its boss said, as world powers lift sanctions on Iran that had made negotiations difficult. NALCO Chairman Tapan Kumar Chand told Reuters on Monday that the...
Dudley's Aluminium secures a £300k contract to develop Crawley Retail Park
Leading aluminium fabricator Dudley’s Aluminium is posed to start work at the upcoming Acorn Retail Park in Crawley. The park will be built on the outskirts of Crawley, with a host of renowned retailers such as Mark, Spencer’s and Smyths Toys all part of the project, creating employment for the...
