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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Novelis expects can bear consumption during major sporting events to boost aluminium demand
Guess what is the connection between Soccer World Cup 2014, Olympics 2016 and Hindalco? Well, it is the beer can. Keeping (also) in mind the two major global sporting events in Brazil, Hindalco’s wholly owned subsidiary, Novelis, is creating large capacities in the South American country, products...
Alcan Cable opens new distribution center in Mexico City
Alcan Cable, a business of Rio Tinto Alcan, hosted an open house today to celebrate the opening of its new distribution center in Mexico City. The facility will serve as the main sales and distribution center for Alcan Cable de México, a leading manufacturer of aluminum alloy cables. "Alcan Cable...
Suriname bauxite company in debt
Bauxite mining company Suralco is in the red and needs to change its policy drastically to be able to compete on the world market. Production costs have to be cut, but although this may look like a difficult task, it is not unachievable, says the new Managing Director Ruben Halfhuid. He is ready...
Guyana unrest halts Bosai bauxite mining operations
Reuters reported that Chinese owned bauxite producer Bosai Minerals Group has halted its Guyana operation due to civil unrest that has killed three people. Bosai is reconsidering a planned expansion of the facility. Police shot three people dead in the city of Linden, 65 miles from the capital of...
EPA working with Bosai on second Linden dust collector
The Environmental Protection Agency (EPA) says it will continue to work with the Bosai Minerals Group (Guyana) as it takes steps to install a dust collection system for Kiln #13 that used to process bauxite at its operations plant in Linden. This move follows closely on the heels the commissioning...
First day of protest in the bauxite mining town, Linden
Except for commercial banks, most businesses in the bauxite mining town of Linden closed their doors and public transportation ground to a halt to mark the beginning of a five-day shutdown against a hike in electricity tariffs. Businesses, including the post office, did not open Wednesday....
Brazil's 1st Half Aluminum Output Up by 2.5%
Brazilian smelters produced 727,300 metric tons of primary aluminum in the first half, up 2.5% from the same period of 2011, the Brazilian aluminium association Abal said Friday. Output in the month of June was 117,800 tons, or 0.6% greater, than a year earlier, Abal said in a statement. Output in...
Dust collector at Linden in operation
The long-awaited dust collector system on kiln #14 at the Bosai bauxite plant was put into full operation today at 9:40 am. As was anticipated, there was no dust emission from the kiln except a very minimal amount of smoke when the kiln started up and which lasted only a few seconds. The rest of...
Nexans' innovative Lo-Sag conductor to solve Brazil's Electricity Transmission Problems
Nexans, a worldwide leading expert in the cable industry, has worked with Light, Rio de Janeiro's electric utility, to develop the innovative Lo-Sag conductor to help solve Brazil's crucial issue of supplying more electricity to its large urban centres, where the construction of new overhead...
Dominican Republic resumes bauxite exports with shipments for Canada
A ship with 12,000 tons of bauxite sets course toward Canada from Cabo Rojo Port today, which marks the resumption of the mineral’s extraction and export, to benefit nearly all sectors in the impoverished community on the border with Haiti. The cargo ship which brought the wind turbines for the...
Dominican Republic eyes US$320 million in ten years from bauxite exports
Dominican Republic will receive US$40 million in one year of the more than US$320 million projected for the next 10 years, as bauxite exports resume from Cabo Rojo, Pedernales province, to North America and China. The mine will export 90,000 tons of ore monthly, of which around 13,700 are ready to...
Global Aluminium output drops in Jan-May
Global aluminium production dipped by 1.2% to 10532 million metric tonnes during the period of Jan-May 2012 compared to the 10404 million metric tons recorded in the same period a year ago, according to latest data released by International Aluminum Institute (IAI). IAI data also mentioned that,...
Hydro presents Powerhouse project at Rio+20
Aluminium in energy-efficient buildings and Hydro’s Powerhouse project were on the agenda when world leaders gathered in Rio de Janeiro this week to discuss social and economic development and the environment concerns. During the “Rio+20 Business day,” Johnny Undeli, head of Hydro’s Bauxite &...
Research and Markets has published report on Aluminum Industry in Brazil
Research and Markets has announced the addition of the "Aluminum Industry in Brazil - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016: Market Profile" report to their offering. Brazil was the sixth-largest aluminum producer in the world in 2010. The country's domestic...
HINDALCO to buy a stake in Colombian coal mines
The Aditya Birla Group is in talks with American thermal coal miner Drummond Company to purchase a significant stake in coal mines in Colombia owned by the privately held company. The Kumar Mangalam Birla-promoted group wants to strengthen its mining business and utilise the coal for its captive...
General Cable to Acquire Majority Interest in Procables S.A. of Colombia
General Cable Corporation, one of the most globally diversified industrial companies, announced today that it has agreed to acquire a majority interest (60%) in Procables S.A (Procables) for total consideration of $45 million, subject to typical adjustments for net working capital and net...
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...
First Bauxite Corporation Announces Non-Brokered Private Placement
First Bauxite Corporation announces that the Company is proceeding with a non-brokered private placement (the "Private Placement") to Resource Capital Fund V LP and certain entities comprising the Pacific Road Resources Funds for up to 22,641,510 units (the "Units") at a price of $0.53 per Unit to...
