Aluminium extrusion 2035 demand nears 44.22Mt: Industry experts decode next decade drivers
Global aluminium extrusion demand is entering a phase with consumption projected to rise from 35.25 million tonnes in 2025 to 35.93 million tonnes in 2026 and 44.22 million tonnes by 2035, representing a 2.29 per cent CAGR. While building and construction will remain the largest end-use sector and...
Aluminium extrusion usage in building and construction to grow 1.24% CAGR through 2035, with Americas at 1.15%, Europe at 1.30% & MEA at 2.47%
What does the building and construction market mean for aluminium extrusion industry? The answer may depend less on how much the world builds and more on where it builds and what those buildings require. As construction activity picks up across regions, aluminium extrusion is set to follow - but...
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Talks continue between Hururu villagers and Rusal
Tonight discussions continue between Hururu village Council and Rusal’s Bauxite Company of Guyana to reach an agreement on the use of 300 acres for a new bauxite crushing plant in the village. Reports are that blockages to land and river accessed were being removed. Today, a team from the...
Indigenous Indians block Russian bauxite operations for higher pay
Indigenous Amerindians in south-eastern Guyana have virtually halted the operations of the Russian Aluminium Company to press demands for more money to be paid to them for use of a roadway and the excavation of a new area. Councillors of Hururu, an Amerindian mission in Upper Berbice River, and...
Sural Group continues chosing Danieli for supply of casting rolling line
The Sural Group, one of the world's leading manufacturers of pure aluminium and aluminium alloy rod, has chosen Danieli for the supply of a new State of the Art Aluminium and Alloys Rod Melting, Continuous Casting and Rolling Mill line. Sural Group, established in 1978 is the largest aluminum rod,...
RUSAL may downscale bauxite investment in Berbice River
The Russian bauxite company – RUSAL – is reportedly expressing frustration at efforts by some elements to “extort” money from them for the use of about 300 acres of land in Hururu village, Berbice River. The company reportedly reached an agreement with the community village council to pay millions...
Renault chooses Idra for its new die casting machines
Renault Argentina invested 50,000,000 pesos ($4.02 million) to increase its production capacity of aluminum die casting parts with innovative technology in its Cordoba Aluminum foundry plant. IDRA has been selected among all producers of High Pressure die Casting machines. Two Idra 2.200 ton full...
Aluminum gain on stronger equities and demand signals
Aluminum rose in London, leading gains by industrial metals amid strengthening European equities and signs of demand. The Stoxx 600 Europe Index (SXXP) of shares reached an almost five-year high. It’s up from the close on Feb. 1, while the LME Index of the six main metals traded in London is down...
Public hearings scheduled for Alumina Project Rondon
Public hearings scheduled in Rondon do Pará and Elisha Bishop, southeast Pará, to discuss and debate about the project Alumina Rondon liability company Votorantim Metals, the new dates were confirmed by the Secretary of State for the Environment (SEMA), Wednesday, 6. The project Alumina Rondon, who...
Aluminum foil paper export to USA, Croatia, and Chili increased
Armenian export of aluminum foil paper thinner than 0,2 mm to USA, Croatia, and Chili increased for 6, 43, and 186 percents respectively. The State Revenue Committee of the Government of the Republic of Armenia informed "Armenpress" about this. Volume of aluminum foil paper export to USA was...
Sweden recycles aluminum, along with China and Brazil
Swerea KIMAB with Acreo Swedish ICT awarded two projects, the combined 3Mkr, granted by VINNOVA to establish and strengthen cooperation with Chinese, and Brazilian research and innovation actors in the field of aluminum recycling. One project is aimed at the Chinese market and the second project...
Government’s current PR stunt on bauxite industry fails to fool the bauxite community in Guyana
The current public relations stunt by the Government of Guyana on matters relating to the bauxite industry have not and will not fool the communities and workers whose lives are directly affected by bauxite. December 2012 marked three years since the Bauxite Company of Guyana Incorporated (BCGI)...
Bauxite companies in Guyana bullish on production growth
Bosai Minerals Group and Bauxite Company of Guyana Inc (BCGI)–a subsidiary of Russian bauxite company Rusal–have both projected increased output for this year but are guarded about what this will mean in financial terms. This was revealed at a review of the bauxite sector held at a forum yesterday...
Chinalco Mining Said to Raise About $397 Million in IPO
Chinalco Mining Corporation International raised about $397 million in an initial public offering in Hong Kong, two people with knowledge of the matter said. The unit of China’s biggest aluminum producer sold about 1.76 billion shares at HK$1.75 apiece, the people said, asking not to be identified...
First South American packaging plant commenced operation in Brazil
SIG Combibloc is stepping up the pace in Brazil. In 2011, the company’s first South American packaging plant commenced operation in Campo Largo, near Curitiba in Brazil’s Paraná state. By the end of 2012, SIG Combibloc South America has recorded growth of more than 60 per cent compared to the...
Brazilian primary aluminium production down 0.3% in 2012
Brazil's primary aluminium production reached 1.436 million mt in 2012, down 0.3% from 1.44 million mt in 2011, according to figures released by the ABAL, the Associacao Brasileira do Aluminio. Output in December was 117,600 mt, down 5.5% from December 2011 production of 124,400 mt. For the full...
Chinalco Mining offers investors exposure to Peru
The initial public offering of Chinalco Mining Corp International will give investors an opportunity to gain exposure to the highly prospective but also risky business of mining in Peru. Metals mining investors are facing the dilemma of having to pay a premium for assets in more stable nations such...
Mozal smelter benefited foreign interests more than the people of Mozambique, say campaigners
Tax campaigners are calling on Britain, the World Bank and private investors to return "excessive" profits from a flagship aluminium smelting project in Mozambique started as part of a recovery programme after the country's civil war in the early 1990s. According to a report by Jubilee Debt...
AMG consolidates its global aluminum operations into one centralized unit
AMG Advanced Metallurgical Group N.V. announces that it has completed the consolidation of its global aluminum operations into one centralized unit, AMG Aluminum, consisting of AMG Aluminum North America, LLC (formerly KB Alloys, LLC), AMG Aluminum UK Limited (formerly part of London & Scandinavian...
November world aluminum stocks down 87,000 tons at 2.258m tons
Total world aluminum inventories in November fell by 87,000 metric tons from the previous month to 2.258 million tons, according to figures released Thursday by the International Aluminum Institute. World stocks in October stood at 2.345 million tons. November stocks were down 143,000 tons compared...
