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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DEGERenergie establishes MLD Solar Parks in Tennessee in collaboration with Hydro Aluminum
DEGERenergie has shipped 112 DEGERtrakers, featuring MLD technology, to Apex Construction Services, LLC, in Tennessee and installed them together with the Apex construction team. The tracking systems have been installed in four solar fields, which began operation April 14, 2012. Each solar park is...
JP Morgan runs Kaiser Aluminum USD225m notes issue
JP Morgan served as exclusive book-runner for US fabricated aluminium products maker Kaiser Aluminum Corp's private placement of USD225m (EUR176.1m) senior notes, Thomson Reuters' IFR service reported. The transaction was upsized by USD25m from the initially proposed amount. The company unveiled...
General Cable To Acquire Alcan Cable For $185 Million
General Cable Corp. (BGC) agreed to acquire Alcan Cable, the wire and aluminum cable business of mining company Rio Tinto PLC (RIO, RIO.LN), for roughly $185 million in a move expected to expand its product offerings. General Cable, a maker of copper, aluminum and fiber-optic wire and cable...
Century Aluminum expects State PSC to decide on a special electricity rate for Ravenswood soon
Century Aluminum hopes the state Public Service Commission won't take long to decide on a special electricity rate for the company's now-closed plant in Ravenswood. Century has proposed a four-month schedule. Century closed the plant in 2009 because of low prices for aluminum and a very high...
Students across America recycle 4.5 million aluminum beverage cans
Schools across America recycled more than 4.5 million aluminum beverage cans in the second year of a national recycling competition sponsored by the U.S. can industry—nearly double last year’s effort. The Great American Can Roundup raised $100,591 for school activities and local charities across...
LME aluminium closes up $19 to $2,054 a metric ton
LME aluminium shook off a disappointing Philadelphia Fed manufacturing index to close higher and outperform the other base metals and energy complex, said the global leader in aluminium industry analysis and outlook, Harbor Intelligence. Analyst with Harbor Intelligence stated that, “Physical...
Drive-Through Metals Recycling Facility in Salt Lake City, Utah
Western Metals Recycling, a Utah-based subsidiary of Nucor, on Wednesday will open a 24,000-square-foot drive-through metals recycling facility at its headquarters, 4201 W. 700 South in Salt Lake City. The recycling center will buy ferrous scrap, as well as common household nonferrous scrap metal...
Noranda Aluminum Shares Moving Higher
Noranda Aluminum Holding (NYSE: NOR) shares are moving higher following disclosure of an insider trade made recently. According to a Form 4 with the U.S. SEC, director Carl Rickertsen bought 20,000 shares on the open market in a direct transaction for $8.4 per share, or $168,000 total. The...
Century Aluminum intents to restart Ravenswood plant
Restarting the company's plant in Ravenswood remains a priority, according to a company official. The company is committed to working with Appalachian Power Co. and state regulators to determine an electricity rate for the plant that will allow it to resume operations, said Lindsey Berryhill. The...
Vitex Extrusions spends $7 Million for expansion
New Hampshire, USA based Vitex Extrusions has spent $7M on an aluminium extrusion press and production line to double its annual output capacity. The new production line installation completed in December, increased plant output capacity from 18,000,000lbs to 30,000,000lbs/y. The modernised...
Kaiser Aluminum earns 'BB-' rating
On May 14, 2012, Standard & Poor's Ratings Services assigned its 'BB-' corporate credit rating to Foothill Ranch, Calif.-based Kaiser Aluminum Corp. U.S.-based aluminum products manufacturer Kaiser Aluminum Corp. plans to issue $200 million senior unsecured notes due 2020. At the same time, Kaiser...
USA Wire & Cable introduces Aluminum Photovoltaic Wire
With dramatic growth in solar project development and aluminum production labor strikes leading to excessively long lead times for aluminum cable, USA Wire & Cable (USAWC) announces the immediate availability of Aluminum Photovoltaic Wire in sizes for DC Feeder Cable runs between combiner box and...
Alcoa to invest in Quebec
Alcoa is to invest $75 million in Québec in 2012. Alcoa Canada Global Primary Products (GPP Canada) will spend roughly $75M in the communities of Bécancour, Deschambault and Baie-Comeau, the three locations where it operates smelters. GPP Canada plans to allocate about $62M designed to maintain its...
Low-priced gas not a factor to ease pressure on smelter
Low natural gas prices are unlikely to relieve the pressure on the aluminum smelting sector, which is facing major structural changes as relatively low prices and rising operating costs are forcing the most uneconomic producers to shut down, thus eliminating a large amount of spare market capacity,...
Shares of Noranda Aluminum Under Pressure
Noranda Aluminum (NYSE:NOR) is a company whose shares are active, trading 2.5% lower to $8.46. The S&P is trading lower by 1.2% to 1,337 and the Dow is trading 1.2% lower to 12,664. Over the past year, Noranda Aluminum has traded in a range of $6.67 to $16.45 and is now at $8.46, 27% above that...
Alcoa Among Top Ten Great Places to Work in Mexico
Alcoa (NYSE:AA - News) operations in Monterrey, Mexico has been recognized by the Great Place to Work® Institute as one of the Top Ten Places to Work in Mexico in the Multinationals category. The facility — part of Alcoa Wheel and Transportation Products — placed #1 in the Northeast Region. In...
Global demand for aluminium remains solid
Chris Ayers, Alcoa EVP and President, Global Primary Proucts told the CRU 17th World Aluminium Conference in Abu Dhabi that the global primary demand growth rate will be 7% in 2012. This compares to a 10% growth rate in 2011. Driving growth will be the aerospace market where a 13% rise will occur....
Sasol Limited to Expand Ultra-high Purity Alumina production Capacity
Sasol Limited's Olefins & Surfactants Division (headquarters in Hamburg, Germany) announced today it will expand in a first step its capacity to produce ultra-high purity aluminas (UHPA) by at least 3000 metric tons per year. Construction will begin immediately at Brunsbuettel, the company's...
