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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Alcoa unveils new wide base aluminum wheels for trucks
Alcoa Wheels, an Ohio-based business of aluminum producer Alcoa, has unveiled a new line of wide base aluminum wheels for trucks designed to deliver high performance through the company’s proprietary LvL ONE wheel manufacturing process of light weighting. The 14 inch, 58 lbs wide base wheels, being...
Alcoa Releases Low-Weight Truck Wheels
Aluminum fabricator Alcoa has launched a new series of wide base that wheels are the lightest 14? aluminum wheels on the market. The new 58 lbs wheels are engineered for high performance through Alcoa’s proprietary LvL ONE wheel manufacturing process of light weighting. By switching from single...
Secondary aluminum alloy market on verge of growth: Spectro VP
North American secondary aluminum demand will grow over the next few years as diecasters are expected to need more of this product for automotive parts, Gary Borner, vice president of secondary aluminum producer Spectro Alloys, said Tuesday. Diecasting shipments are forecast to grow by 8% and...
KCP provides 100% aluminum radiator, A/C condenser line
Kustom Cooling Products LLC (KCP) has released a 100% aluminum radiator and air-conditioner condenser line for Freightliner trucks. By mid-2012, KCP will be adding the Volvo VN, International Pro-Star, and Mack Vision model trucks to its cooling products lineup. The firm offers aluminum aftermarket...
Sapa buys $34M indirect press
Sapa Group has spent $34M on a 14” indirect press for rod and bar production at its Cressona, Pennsylvania, USA plant. Sapa is the only North American soft alloy extruder with indirect press technology. The new indirect press will increase production speed per unit by up to 50% . It will result in...
Columbia Falls Aluminum Company Future Uncertain, Blame Bad Economy
Industry experts say a tough economy means the Columbia Falls Aluminum Company won't likely reopen this spring. The aluminum industry's been hard hit by high electric prices and a lousy economy. Plant officials had hoped a deal for better power prices with Bonneville Power would help them reopen,...
Century Aluminum retirees hopeful that medical benefits will return
RAVENSWOOD - Hundreds of people lost their jobs when Century Aluminum shut down in Jackson County in 2009. Some retirees eventually lost their health benefits as well. But Monday some of those retirees said they are more hopeful than ever that the Ravenswood plant will eventually open again. They...
Kaiser Aluminum Announces Increase in Quarterly Dividend Payment
Kaiser Aluminum Corporation KALU -0.04% today announced that its Board of Directors has declared a quarterly cash dividend payment of $0.25 per share on the Company's outstanding common stock, representing a four percent increase over the prior quarter's dividend. The Board's decision to authorize...
Significant aluminum growth forecast for vehicle production: ATG
Aluminum use in each vehicle in North America is expected to grow to 400 lbs in 2015 from 343 lbs in 2012, Brad Soultz, vice president and general manager of Novelis, said Monday at the Platts Aluminum Symposium in Fort Lauderdale, Florida, on behalf of the Aluminum Transportation Group. It is...
Sapa expects 5-7% aluminum extrusion growth this year
US aluminum extruder Sapa expects North American aluminum extrusion growth of 5-7% this year, primarily driven by "overall economic conditions," according to Jeffrey Henderson, vice-president of marketing for Sapa North America. Speaking Monday at the Platts Aluminum Symposium in Fort Lauderdale,...
US sheet maker Novelis sees strong long-term aluminum outlook
US aluminum sheet maker Novelis is looking to a strong long-term outlook in the aluminum market, with automotive up almost 25%, specialty products up 6% and 4-5% in beverage can through 2015, said Nick Madden, senior vice president and chief procurement officer. Speaking at the Platts Aluminum...
Century Aluminum Sets Date for Fourth Quarter 2011 Earnings Announcement
Century Aluminum Company CENX -0.02% will report fourth quarter 2011 earnings on Thursday, February 23rd after the close of market trading. The news release will be issued through Marketwire. The company will hold a follow-up conference call on Thursday, February 23rd at 5:00 p.m. Eastern time. The...
Absolute Distribution Inc. Partners with Fairway Building Products for Distribution of Solutions Aluminum Railing Products
Absolute Distribution, Inc. (ADI, www.absolutedist.com) has announced its partnership serving as a key distributor of Solutions Aluminum Railing and Solutions Aluminum Balusters with Fairway Building Products, L.P. Absolute Distribution, Inc. (ADI) located in Minneapolis, MN is a marketer and two...
CFAC contract paused due to poor economy
COLUMBIA FALLS- Right now it seems like the Columbia Falls Aluminum Company (CFAC) may not be opening their doors, at least until the economy gets better. A spokesman for the plant says the market for aluminum is so bad right now, that it wouldn't be possible to open up CFAC. While the aluminum...
Aluminum Needs More Output Cuts
Faced with declining aluminum prices and rising costs, the largest producers in Europe and North America are starting to reduce output and hoping their Chinese rivals will make bigger cuts to send prices higher again. Three-month, benchmark aluminum prices have fallen about 28% since May, closing...
Aluminum Producer Alcoa Gives a Lift to U.S. Equities
Wall Street railed today on projections from Aluminum Producer Alcoa that it sees increased demand for aluminum globally in 2012. The Dow rallied 94 points, the Nasdaq rallied 27 points and the S&P 500 rallied 13 points by midday in the U.S. session. Traders on OpenBook are primarily long on the...
Century Aluminum has the Highest Beta in the Aluminum Industry (CENX, AWC, AA)
Below are the three companies in the Aluminum industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.Century Aluminum (NASDAQ:CENX) is highest with a beta of 2.1. Century...
LME CEO: Detroit Warehouse Queues Won't Vanish Overnight
Queues to take aluminum out of warehouses in Detroit won't vanish overnight once a requirement kicks in for a unit of Goldman Sachs Group Inc. (GS) to increase deliveries, the chief executive of the London Metal Exchange said Thursday. Martin Abbott said delays in taking metal out of Detroit...
