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...
AL Circle Analysis: Import rise meets demand growth on aluminium extrusion chessboard
Aluminium’s downstream trade network is getting more fragmented as import dependence, changing end-use demand and trade-policy interventions reshape regional markets. From North America and Europe to Asia-Pacific, the aluminium industry is navigating a market where access to supply, competitive...
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Century Aluminum has the Lowest Enterprise Value to Sales Ratio in the Aluminum Industry
The three companies in the Aluminum industry with the lowest Enterprise Value (EV) to Sales ratios are listed by Financial News Network Online (FNNO). EV/Sales gives investors an idea of how much it costs to buy the company's sales and the lower the ratio, the more undervalued the company is...
Lockout at Rio Tinto's aluminum smelter continues
Rio Tinto Alcan has not scheduled any new talks to end a six-month lockout of unionized workers at its Alma aluminum smelter in northern Quebec that has cut output at the plant by two-thirds, a spokesman told Reuters in an email on Tuesday. "No face-to-face meetings are scheduled," Rio Tinto Alcan...
Century Aluminum's special power rate proposal not worth the trouble: Appalachian Power
Appalachian Power has told the state Public Service Commission that the cost of Century Aluminum's proposed special power rate is "staggeringly high" and questioned whether the scheme is worth the trouble. Century is asking the commission to approve a new power rate structure to help it reopen its...
Noranda Aluminum insider Schumacher Alan H buys $ 38,350 worth of stock
Schumacher Alan H purchased 5,000 shares of Noranda Aluminum Holding Corp stock, or $38,350 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on May 31, 2012. After the transaction, Schumacher Alan H's stake was reported as 26,382 shares of Noranda...
Novelis' Steve Fisher named CFO of the Year
Novelis Inc., the Atlanta-based world leader in rolled aluminium products and can recycling, announced today that its senior vice president and chief financial officer, Steve Fisher, has been named Atlanta's CFO of the Year by the Atlanta Business Chronicle. The Atlanta-based business publication...
Aluminum parts manufacturer T.RAD expands operations in Kentucky
T.RAD North America, an aluminum parts manufacturer and supplier to the automotive, motorcycle and all-terrain vehicle markets, said Monday it will invest $10.8 million in production upgrades at its aluminum and copper/brass plants in Hopkinsville, Kentucky, over the next year. The project includes...
SAFTI First launches SAFTIfire Framing AL20 fire rated Aluminium Doors
SAFTI FIRST, leading USA-manufacturer of fire rated glazing and framing systems, is pleased to announce the addition of SAFTIfire Framing AL20 to its growing product line. SAFTIfire Framing AL20 by SAFTI FIRST is a 20-minute, full-vision, stile and rail aluminum door that incorporates SuperLite I...
Alcoa Howmet, Morristown, Wins Bronze Award in Global Quality Competition
Alcoa (NYSE:AA) operations in Morristown, Tennessee, has been recognized by ASQ, the global voice of quality, as a bronze award winner among a field of 32 finalists in competition at the World Conference on Quality and Improvement held recently in Anaheim, Calif. Alcoa Howmet, Morristown is the...
Alcoa, Santee Cooper agree to one-year extension on power rate negotiations
Alcoa and Santee Cooper have agreed to postpone the date by which the aluminum manufacturer must tell the utility whether its Berkeley County plant will continue operating past 2015. The deadline had been June 30, but late Wednesday, the state-owned utility and its biggest industrial customer...
Retirees back special power rate for Century
Century Aluminum retirees are encouraging the state Public Service Commission to approve a special power rate structure that might help the company reopen its Ravenswood plant. Karen Gorrell, spokeswoman for the retirees, submitted a formal letter to the PSC Thursday as part of Century's ongoing...
Midwest aluminum premiums hit 11 cents
Midwest aluminum spot premiums rose to new highs this week, hitting 11 cents per pound as the contango on the London Metal Exchange continues to encourage traders to finance metal in warehouses, keeping supply tight. "The sky’s the limit," one trader told AMM, quipping that the Midwest premium was...
Mitch McConnell saves 400 jobs in Louisville aluminum plant
Senate Republican Leader Mitch McConnell received a hero’s welcome Wednesday at a Louisville aluminum fabricating plant that had fallen on hard times until he helped pass fair trade legislation, protecting some 400 jobs. In a post-earmarks Washington, McConnell has been using his political muscle...
Gaston J. Glock Style Lp Introduces Recycled Aluminum Sport Bottles
GASTON J. GLOCK style LP, the purveyors of fine quality hunting and shooting sports apparel and accessories, continue to grow their accessory line with new 100% recycled aluminium sport bottles just in time for the summer. The two new sport bottle models are made in the U.S.A. with 100% recycled...
Aleris signs molten aluminium supply contract with Daimler
US aluminium sheet maker and recycler Aleris has signed a four-year contract to provide molten aluminium to Daimler AG, the company said in a statement Tuesday. The molten aluminium will be used for the production of cylinder heads for all Daimler vehicles. Aleris chairman and chief executive...
Century Aluminum loses Jackson County plant tax appeal
The West Virginia Supreme Court says tax officials properly appraised Century Aluminum's idled Jackson County plant. Tuesday's 3-2 ruling upholds the $54 million value assigned to the plant's machinery, equipment and inventory. The 2010 tax year appraisal followed the plant shutdown the prior year....
Novelis may emerge profitable for Hindalco
Aditya Birla group’s Hindalco Industries, which posted lacklustre March quarter results, may find a saviour in Novelis – the US firm it bought in 2007 for $6billion. Novelis, now its US subsidiary, is expected to report stable or even better-than-expected results on Thursday as it is largely...
Aluminum caster Spartan benefits from diversifying aluminum and magnesium
US diecaster Spartan Light Metal Products is seeing strong growth because of business decisions it made during and after the 2009 downturn, including staying diversified in both aluminum and magnesium, President and CEO Don Jubel said in an interview. While Spartan's magnesium business continues to...
Alcoa smelter near Ferndale gets short-term power contract extension
The Bonneville Power Administration has given the Alcoa Intalco Works aluminum smelter west of Ferndale a 35-day extension on its electricity supply contract, just three days before its existing contract was scheduled to expire. BPA spokesman Mike Hansen said the extension, announced Wednesday, May...
