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Chemical Alumina Plant in Indonesia Commences Commissioning on Oct 28
30 OCT 20132MINS

Chemical Alumina Plant in Indonesia Commences Commissioning on Oct 28

Showa Denko K.K. and PT ANTAM of Indonesia, held a ceremony for the commencement of commissioning phase of a new chemical alumina plant in the Tayan District. West Kalimantan, Indonesia, on October 28 as a milestone of the construction project that started in April 2011. After going through the...

Indonesia mining at risk over export ban
24 OCT 20133MINS

Indonesia mining at risk over export ban

Indonesia’s mining industry will collapse if the government moves ahead with a planned ban on the export of raw minerals, the country’s chamber of commerce has warned. The southeast Asian nation, which is facing strong economic headwinds, is the biggest exporter of coal for power stations, nickel...

Indonesia's Inalum to become state owned company soon
21 OCT 20132MINS

Indonesia's Inalum to become state owned company soon

The Indonesian government will go ahead with its plan to take over North Sumatra-based aluminum producer PT Indonesian Asahan Aluminium (Inalum), despite an arbitration threat from Japanese shareholders, Coordinating Minister for the Economy Hatta Rajasa said. According to Hatta, the government had...

UACJ group's new integrated factory in Thailand to commence operation in January
07 OCT 20132MINS

UACJ group's new integrated factory in Thailand to commence operation in January

UACJ Group, a comprehensive aluminum manufacturer offering a steady supply of high-quality aluminum material to a wide variety of industries is setting up a new integrated factory in Thailand that will start to operate in January, catering to the growing Southeast Asian demand for aluminium...

Aneka Tambang explores CGA alumina market in Tayan
07 OCT 20131MINS

Aneka Tambang explores CGA alumina market in Tayan

PT Aneka Tambang (Persero) Tbk (ANTM), a state-owned enterprise in the mining sector, is exploring the marketing of Chemical Grade Alumina (CGA) plant located in Tayan, Sanggau District, West Kalimantan. The factory processing bauxite into CGA will start a commissioning at the end of October. Tri...

Press Metal Berhad gets negative ratings
03 OCT 20131MINS

Press Metal Berhad gets negative ratings

MARC maintains Press Metal Berhad's (Press Metal) BBB rating on the outstanding Redeemable Convertible Secured Loan Stock (RCSLS) with detachable warrants on MARCWatch Negative. The rating was first placed on MARCWatch Negative on July 3, 2013 following the shutdown of Press Metal's aluminium...

Perodua to introduce aluminium engine in Next Model
30 SEPT 20132MINS

Perodua to introduce aluminium engine in Next Model

Perodua plans to introduce an aluminium engine in its next model to be launched in the third quarter of next year. President and Chief Executive Officer Datuk Aminar Rashid Salleh said the engine would be produced at the RM1.3 billion plant expected to be completed in the third quarter of next...

Vietnam-Laos bauxite transport pipe construction approved
30 SEPT 20131MINS

Vietnam-Laos bauxite transport pipe construction approved

The Quang Nam Provincial People's Committee has allowed the Vietnam Import Export and Construction Corporation (Vinaconex) and its Lao partner – the Laos Minerals Company, to build a pipe to transport bauxite from the Laos to the Chu Lai Economic Zone. According to Vinaconex, the bauxite mine in...

Asia Pacific to record the highest growth in aluminium over 2012-2017
27 SEPT 20132MINS

Asia Pacific to record the highest growth in aluminium over 2012-2017

APAC emerges as the greatest potential market during the forecast period. The growing markets of China and India are expected to continue witnessing growth in the aluminum industry. Higher demand from key consuming end user markets, such as construction, automotive, consumer durables, and packaging...

Elna expands Chiang Mai facility to meet demand for aluminium electrolytic capacitors
10 SEPT 20132MINS

Elna expands Chiang Mai facility to meet demand for aluminium electrolytic capacitors

Elna has expanded and renovated its manufacturing facility, Tanin Elna Co, in Chiang Mai to help boost its production capacity for aluminium electrolytic capacitors. The Chiang Mai facility has been producing electrolytic capacitors since 1980 and began manufacturing electric double-layer...

Press Metal aluminium plants at Sarawak face allegation for health hazards
09 SEPT 20132MINS

Press Metal aluminium plants at Sarawak face allegation for health hazards

A group of independent documentary makers has produced videos alleging that two aluminium smelter plants in Sarawak pose health hazards to people living in the surrounding areas. In a series of clips uploaded to YouTube, several people are interviewed about the health problems they have experienced...

Chalco stalls aluminium smelter project in Malaysia
04 SEPT 20131MINS

Chalco stalls aluminium smelter project in Malaysia

Aluminum Corp of China (Chalco) , the top producer of the metal in China, has suspended a smelter project in Malaysia worth more than $1 billion, a company spokesman said on Tuesday. "The project is stalled now," the spokesman told Reuters. Chalco signed a frame agreement with Malaysian company...

Press Metal expected to see gradual recovery in 4Q
30 AUG 20134MINS

Press Metal expected to see gradual recovery in 4Q

Press Metal Bhd (Press Metal) is expected to start seeing signs of recovery from the fourth quarter of the financial year 2013 (4QFY13) onwards as its Samalaju smelter is expected to stabilise from October while part of its pots in Mukah may be back in operation at the later part of the year,...

Indonesia's power cable industry heads for a shakeout
27 AUG 20132MINS

Indonesia's power cable industry heads for a shakeout

Indonesia may lose three-quarters of its power cable makers in the next two to three years as thin margins drive weaker players to accept buyouts, leaving a handful of larger companies to feed the fast-growing economy's electricity demand. Cable industry revenues in Southeast Asia's biggest economy...

Can-One revisits privatisation of Kian Joo Can Factory in Malaysia
26 AUG 20133MINS

Can-One revisits privatisation of Kian Joo Can Factory in Malaysia

Can-One Berhad is revisiting the privatisation of Kian Joo Can Factory Bhd, in which it has a 32% stake, according to sources. Only this time, Can-One's advisers are looking at enlisting the help of the Employees Provident Fund (EPF) to take private the largest can manufacturer in the country....

RUSAL switches to loss in H1
19 AUG 20132MINS

RUSAL switches to loss in H1

United Company RUSAL Plc switched to loss-making in the first half as aluminium prices continued to fall on oversupplies, and urged the industry to take further curtailments to tackle overcapacity. The world's largest aluminium producer posted a recurring net loss of $156 million in the first six...

Compensation paid to Harita Bauxite disaster victims
19 AUG 20131MINS

Compensation paid to Harita Bauxite disaster victims

Local media in Myanmar report Singapore’s Ocean Sentinels Ship Management has handed over around $1m as compensation to Myanmar seafarers and families involved in the Harita Bauxite ship sinking in February, in which 15 people perished. The Harita Bauxite sank in Philippine waters on its way to...

AGC to expand Indonesian Caustic Soda output to meet growing demand
14 AUG 20132MINS

AGC to expand Indonesian Caustic Soda output to meet growing demand

AGC announces that it will invest approximately 40 billion yen to significantly increase the production capacity of its Indonesian subsidiary P.T. Asahimas Chemical (ASC) to meet growing demand for chlor-alkali products, such as caustic soda and vinyl chloride, in the Southeast Asia region. In...