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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Aluminum maker CNBM will boost exports to mature and emerging markets
The company will expand shipments to traditional destinations and explore new regions. Under efforts to increase exports, CNBM International Corp. is strengthening presence in Europe and North America. This is complemented by plans to roll out products with higher technology levels in the coming...
Alcasa reaching out to private investors again - Venezuela
BNamericas reported that workers at Venezuelan state aluminum reducer Alcasa are once again making contact with private investors to help return operations to normal. Mr Robert Donatti Sintralcasa union's science and technology representative said that "We're open to receiving offers and want to...
Updated: Investigators to be dispatched to caved-in bauxite mine that killed one
There was a fatal accident in which one person died and another was critically injured after a bauxite mining pit at Aroaima caved in.The site belongs to Bauxite Company of Guyana Incorporated (BCGI), the local subsidiary of UC Rusal. Prime Minister Samuel Hinds said a team of investigators would...
Alcoa signs MoU with Angola to explore 750,000 mt/y aluminium smelter
Alcoa, the largest U.S. aluminium producer, said it had signed a memorandum of understanding with the government of Angola to explore development of a 750,000-metric-ton-per-year smelter. The aluminium smelter could use power from hydroelectric facilities under consideration by the government, and...
Century Aluminum focus on power agreement
Century Aluminum Co.’s main priority is to secure a new power agreement for its Mount Holly, S.C., smelter in coming months. This is because the facility cannot continue to operate profitably under the existing contract, the company’s top executive said. "This is a major problem at this plant. We...
Global aluminium output, including China, rising to a record 48.1Mty’
The International Aluminium Institute (IAI) monthly production data showed global primary aluminium output continued to strengthen in September, reported Barclays Capitals. Including the Chinese production data, the IAI data showed output rising by 12.4% y/y (1% m/m) to a daily average production...
Suralco signs bauxite mining contract with Royal Boskalis
After 30 years, Suralco is to return to the Lelydorp 1 mine to mine the remaining 3 million tons of bauxite there. The company has recently signed a mining contract with the Dutch company Royal Boskalis Westminster NV for the development and exploitation of this mine. The contract’s value is 125...
Royal Boskalis Westminster acquires EUR 125 million contract in Surinam
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract for the mining of bauxite in Lelydorp nearby Paramaribo, Surinam. The contract value is approximately € 125 million and the contract was awarded by Suralco L.L.C., an indirect joint subsidiary of Alcoa Inc. and Alumina Ltd. Work...
Global aluminum production falls 61,000 metric tons to 2.122 mn tons in September
Global aluminum production fell by 61,000 metric tons to 2.122 million tons in September from a revised 2.183 million in August, reported International Aluminum Institute. However,the September tally was up from 2.007 million in the same month a year ago. Month-on-month declines were reported for...
Alcoa creates new Latin America headquarters
Alcoa Inc. said Monday it is creating a new Latin America and Caribbean headquarters to help accelerate growth in the region. The aluminum producer said the division will be run by Franklin Feder, who becomes regional chief executive officer on Jan. 1. Feder was most recently Latin America and...
Brazilian aluminum market grows rapidly
According to a study report, Brazilian aluminum product consumption grew by 8% during 2005 to 2010 thanks to strong economic growth.Brazil has become one of the most potential markets in Latin America. The domestic aluminum production rose to 1.54 million tonnes in 2010.The booming automobile and...
New mining office could mean larger stake in royalties for Sao Paulo - Mr Joao Caramez
BNamericas reported that the new mining office within São Paulo state's energy department will help the state negotiate a larger share in mining royalties. Mr Joao Caramez state deputy said that under current law, municipalities receive 65% of total royalty payments known locally as the CFEM tax....
Research and Markets: Opportunities in Brazil Aluminium Market - recycling and consumer demand drive huge growth
Research and Markets has announced the addition of Dion Global Solutions Ltd's "Opportunities in Brazil Aluminium Market" report to their extensive offering of materials markets publications. Brazil is one of the rapidly growing aluminium markets in the Latin American region. The country has...
Bauxilum aiming to produce 1.65Mt of alumina in 2012
Venezuelan state alumina and bauxite company Bauxilum aims to close 2012 with production of 1.65Mt of alumina, director of labor relations Wilfrido Flores told BNamericas. "It's a completely achievable goal, but it depends on two factors. The first is the injection of resources and the second is...
First Bauxite Corp. Announces Completion of Bonasika Bauxite Project Feasibility Study Update
FIRST BAUXITE CORPORATION is pleased to announce the completion of the update on its Bonasika Bauxite Project Feasibility Study and to report significantly improved results by the inclusion of the Bonasika 6 and 7 deposits in the economic analysis. The Company has been working for the past year on...
Above average' growth predicted for global aluminium demand
The aluminium industry is emerging as one of the strongest markets this year as the commodity shows gains in prominence in the recovering transportation and construction industries. The global aluminium market is a steadily growing market in the wake of the recession and is expected to follow a...
Global aluminum stocks soar to 3 million tons in August - IAI
According to statistics released by the International Aluminum Institute, the global aluminum stocks in August increased 15,000 tonnes to reach 2.662 million tonnes from 2.647 million tonnes in July. In addition, the figures increased by 210,000 tonnes in comparison of 2.452 million tonnes in...
Norsk Hydro : Hydro bringing more aluminium to the Americas
Products from Qatalum, the largest aluminium plant ever built in one phase, makes it possible to serve new customers in South America, as well as offering primary foundry alloys to a growing number of U.S. customers. “We are now positioning Hydro for further growth in North and South America,” says...
