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China aluminum semis exports rise 48.5% in December 2014
04 FEB 20151MINS

China aluminum semis exports rise 48.5% in December 2014

China exported 490,000 mt of aluminum semis in December, surging 109.5%YoY and 48.5% MoM, customs data showed. The significant rise was driven by token exports of extrusions – low-value extrusion for remelting at destination before being used as a substitute for primary aluminum. China exported...

Altech Chemicals Limited quarterly report December 2014
03 FEB 20152MINS

Altech Chemicals Limited quarterly report December 2014

Highlights: Name change to Altech Chemicals Ltd The Company's name was officially changed to Altech Chemicals Ltd on 10 November, 2014 New ASX ticker code: ATC Altech selects Johor Bahru (Malaysia) for HPA plant site HPA processing plant will be based in Johor Bahru (Malaysia) Estimated opex ~40%...

Mitsui completes the purchase of shares in GARMCO Singapore
03 FEB 20152MINS

Mitsui completes the purchase of shares in GARMCO Singapore

Bahrain-based Gulf Aluminium Rolling Mill Company (GARMCO), one of the largest downstream aluminium facilities in the Middle East, and Mitsui & Co., Ltd. together with Perse Metals Pte Ltd today announced that they have completed a transaction, which results in Mitsui’s purchase of a 25% interest...

Press Metal in RM2b smelter expansion plan
29 JAN 20153MINS

Press Metal in RM2b smelter expansion plan

Press Metal Bhd will invest RM2bil in the Phase 3 expansion of its aluminium smelter project to raise production capacity, said group chief executive officer Datuk Paul Koon Poh Keong. He said the additional capital injection would bring the company’s total investment in aluminium smelting...

EGA targets future global aluminium demand at US symposium
26 JAN 20152MINS

EGA targets future global aluminium demand at US symposium

The strength of Emirates Global Aluminium ("EGA") in being able to meet future primary global aluminium demand was highlighted during the Platts Aluminium Symposium 2015, which was staged in Scottsdale, Arizona from 18 to 20 January. Speaking at the symposium, of which EGA was one of the sponsors,...

A paradigm of premium aluminium production
21 JAN 20152MINS

A paradigm of premium aluminium production

Qatalum, led by a precision culture, has a casthouse which produces more than 60% of its alloys for the automotive industry. This is a direct result of the manufacturing proficiency within one of the world’s most efficient aluminium smelters. Over three years into full production and Qatalum’s...

Malaysian subsidiary incorporated for High Purity Alumina (HPA) project
13 JAN 20152MINS

Malaysian subsidiary incorporated for High Purity Alumina (HPA) project

Altech Chemicals Limited is pleased to announce that following its strategic decision to select Johor Bahru, Malaysia as the preferred location for its proposed high purity alumina (HPA) processing plant, it has now incorporated a wholly-owned Malaysian subsidiary company, ‘Altech Chemicals Sdn...

PCD recalls aluminum material to produce prostheses
12 JAN 20152MINS

PCD recalls aluminum material to produce prostheses

The Pollution Control Department (PCD) Office's 16th Division and the related agencies are inviting the public to donate aluminum materials to be processed into prostheses for persons with disabilities. The 16th Division of the PCD Office and the Provincial Natural Resources and Environment Offices...

Inalum profits more than triple after govt’s takeover
29 DEC 20143MINS

Inalum profits more than triple after govt’s takeover

North Sumatra-based aluminum producer Indonesia Asahan Aluminium (Inalum) reported that it had more than tripled profits since the government took over the company from Japanese companies in April 2014. President director Winardi Sunoto said the company’s net profits nearly tripled to US$117...

Press Metal’s expansion will benefit Bintulu Port
25 NOV 20141MINS

Press Metal’s expansion will benefit Bintulu Port

Press Metal Bhd’s bid to increase aluminium production at its Samalaju smelter is helping to boost Bintulu Port Holdings (Bintulu Port) as well. As a part of Press Metal’s Phase 3 expansion, Press Metal had announced the decision of doubling the capacity of the Samalaju aluminium smelter to 640,000...

Malaysian bauxite turning into a “game changer” for China
24 NOV 20141MINS

Malaysian bauxite turning into a “game changer” for China

The Indonesian ban and China’s ramped up production has put the Malaysian bauxite industry in the limelight and is being termed as “game changer” in the aluminium industry in general but more specifically in China. It is expected that China would need around 130 million tonnes of bauxite next year...

Press Metal jumps 11% on plans to double smelter capacity
20 NOV 20142MINS

Press Metal jumps 11% on plans to double smelter capacity

Press Metal Bhd rose as much as 11% after the firm signed a power supply term sheet with Syarikat Sesco Bhd, a wholly-owned subsidiary of Sarawak Energy Bhd. The term sheet is for the supply of 500MW of power by Sarawak Energy to Press Metal's proposed phase III aluminium smelter at the Samalaju...

Altech selects Johor Bahru for high purity alumina (HPA) plant site
20 NOV 20142MINS

Altech selects Johor Bahru for high purity alumina (HPA) plant site

Altech Chemicals Limited is pleased to announce that it has selected the Tanjung Langsat Industrial Park in Johor Bahru (JB), the capital city of Johor state, Malaysia, as the preferred location for its proposed high purity alumina (HPA) processing plant. The Company recently concluded an...

CAA Resources looking to venture into bauxite mining
17 NOV 20141MINS

CAA Resources looking to venture into bauxite mining

CAA Resources is primarily an iron ore product company but since the iron ore market is somewhat depressed of late, the company is considering venturing into the bauxite industry. Mr. Li Yang, the chairman of the board along with the senior managers, is now investigating bauxite prospects in...

Sharp rise of Malaysian bauxite imports in the first three quarters in China
14 NOV 20141MINS

Sharp rise of Malaysian bauxite imports in the first three quarters in China

The China Customs data revealed that Chinese bauxite imports from Malaysia have gone up to 1.27 million tonnes during the first three quarters of the year. The reason for the sudden rise in Malaysian imports can be traced back to the Indonesian export ban, which is affecting the global bauxite...

Aluminium prices fall as Chinese aluminium product export rises
14 NOV 20141MINS

Aluminium prices fall as Chinese aluminium product export rises

On Monday, the aluminium prices were on a decline due to the heavy aluminium product exports from China. The three-month-aluminium slipped by 1.05% at the LME taking the price to $2,033.50 a tonne. The volume was also heaviest on the LME at nearly 16,500 lots. Over the weekend it was seen that the...

Inalum to speed up power plant project
13 NOV 20143MINS

Inalum to speed up power plant project

State-owned aluminum producer PT Indonesia Asahan Aluminium (Inalum) plans to accelerate the development of its power plant project, an Inalum executive says. Inalum president commissioner Agus Tjahajana said the company was inching closer to completing the feasibility study for the planned 1,000...

Inalum refuses to increase power supply to North Sumatra
12 NOV 20143MINS

Inalum refuses to increase power supply to North Sumatra

State-owned aluminum producer PT Indonesia Asahan Aluminum (Inalum) has revealed that it will reject the government’s request to supply additional power to North Sumatra to overcome the province’s power crisis. In a meeting with the North Sumatra Council on Monday, Inalum Workers Union (SP Inalum)...