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Ore export hit by Indonesia's new mining rules
18 JUN 20123MINS

Ore export hit by Indonesia's new mining rules

Indonesia's new mineral ore export regulations have halted operations at hundreds of small mining companies, costing the country's export industry up to $164 million a month in lost nickel and bauxite sales, a mining industry body said on Friday. Indonesia in May asked all miners to submit plans to...

Asian Aluminum Premiums  to Continue Rising in third quarter
18 JUN 20122MINS

Asian Aluminum Premiums to Continue Rising in third quarter

Asian aluminum premiums are expected to continue on their recent upward trajectory during the third quarter of the year due to supply constraints, market participants said Thursday. London Metal Exchange prices are below production costs for many smelters, making further cutbacks likely, and large...

Aluminum Demand in Japan may get affected by slow auto sale
15 JUN 20123MINS

Aluminum Demand in Japan may get affected by slow auto sale

Aluminum demand in Japan, Asia’s largest importer, may be flat this year, failing to recover from the lowest level since 2009, as the end of a government subsidy will hurt auto sales, a Showa Denko K.K. (4004) executive said. Demand will probably stay weak after dropping to 2 million metric tons...

Japan's third quarter Aluminum Premiums Settled at $200-$210/Ton
12 JUN 20122MINS

Japan's third quarter Aluminum Premiums Settled at $200-$210/Ton

Most Japanese aluminum premiums for the third quarter have been settled sharply higher than second-quarter levels due to tightening supply in the Asian market, suppliers told Dow Jones Newswires Monday. Suppliers and consumers have agreed on premiums between 200 U.S. dollars a metric ton and...

Solar-powered recycling bins in  Petaling Jaya
03 JUN 20123MINS

Solar-powered recycling bins in Petaling Jaya

Within the next six months, city folk will see new solar-powered recycling bins in the city. Known as the 3R Box, the bins will also act as an advertising tool to promote recycling. It will be placed in public places such as busy walkways. This is to encourage the public to help reduce, reuse and...

Japan's Daiki Aluminium seeks cheaper production sites abroad
03 JUN 20122MINS

Japan's Daiki Aluminium seeks cheaper production sites abroad

Japan's Daiki Aluminum is seeking cheaper production sites overseas following local car makers who have already been forced abroad by an increasingly strong yen, shrinking domestic output and competition from China and South East Asia. The country's largest aluminium alloy producer, which produces...

Maspion Group to export $450 million household wares in 2012
24 MAY 20122MINS

Maspion Group to export $450 million household wares in 2012

Maspion (Maspion Group) is projecting its exports of household wares to reach $450 million in 2012, which is a 12.5 percent increase from last year, CEO Alim Markus said. “This year, our exports can reach $450 million, composed of $250-300 million from aluminum products, $100 million from...

Crown to Construct Aluminum Beverage Can Plant in Cambodia
21 MAY 20122MINS

Crown to Construct Aluminum Beverage Can Plant in Cambodia

Rising demand for beverage can in Cambodia is making way for another beverage can plant in the country. Headquartered in Philadelphia, Pennsylvania, Crown has planned to construct a new aluminum beverage can manufacturing facility in Sihanoukville, Cambodia. The plant helps to meet the rising...

Global Aluminum Market to touch 71.2 Million Tons by 2018
15 MAY 20125MINS

Global Aluminum Market to touch 71.2 Million Tons by 2018

Global Industry Analysts, Inc. brings about a smile to the aluminium leaders around the world with the release of its comprehensive global report on the Aluminum markets. The global market for Aluminum is forecast to reach 71.2 million tons by the year 2018. Major factors driving growth in the...

Ord River delivers JORC Resource upgrade at bauxite and alumina project
06 MAY 20121MINS

Ord River delivers JORC Resource upgrade at bauxite and alumina project

Highlighting some of Ord River's recent achievements, just last month the company delivered a 73.8% increase in the JORC Resource for the bauxite and alumina project in Laos, with a Bankable Feasibility Study the next step in progressing the project. The new Resource comprises 226 million tonnes at...

Steel, aluminium producers in Asia Pacific region to face weak profit rating over the next quarter
03 MAY 20122MINS

Steel, aluminium producers in Asia Pacific region to face weak profit rating over the next quarter

The profitability of steel and aluminium producers in the Asia-Pacific region will continue to weaken over the next quarter at least, even in a soft landing scenario for China, according to Standard & Poor's Rating Services. In a report entitled “Most Asia-Pacific Metal And Mining Companies Face...

NALCO’S Smelter Project gets approved by Indonesian Investment Coordination Board
02 MAY 20121MINS

NALCO’S Smelter Project gets approved by Indonesian Investment Coordination Board

Minister of Mines (Independent Charge), Shri Dinsha J. Patel informed Rajya Sabha today in a written reply that National Aluminium Company Limited(NALCO’s) proposal to set up the Rs 16,500 crore aluminium smelter and captive power plant project has been approved by Indonesian Investment...

Rio Tinto Alcan and Cahya Mata Sarawak Cancel $1 Billion Aluminum Smelter Plant, an Industrial Info News Alert
26 APR 20121MINS

Rio Tinto Alcan and Cahya Mata Sarawak Cancel $1 Billion Aluminum Smelter Plant, an Industrial Info News Alert

Researched by Industrial Info Resources (Sugar Land, Texas) -- Rio Tinto Alcan (Montreal, Quebec), the aluminum manufacturing branch of Rio Tinto plc RIO +2.80% , and Cahya Mata Sarawak Berhad (kl:CMSBU) (Sarawak, Malaysia) have mutually terminated their memorandum of understanding (MoU) to build a...

Novelis Announces New Leadership Appointments
24 APR 20124MINS

Novelis Announces New Leadership Appointments

Novelis Inc., the world's leading producer of premium aluminum rolled products, announced today three leadership moves that will further drive the company's growth strategy. Jack Clark has been appointed Chief Technical Officer; Shashi Maudgal has been appointed Senior Vice President and President...

NFC Completes Bauxite Field Exploration in Laos
21 APR 20122MINS

NFC Completes Bauxite Field Exploration in Laos

China Non-ferrous Metal Industry’s Foreign Engineering and Construction Co., Ltd. (NFC) released the 2011 annual report on April 13, saying that NFC International Alumina Development Company and Kaifeng Resources Holdings Limited, two companies controlled by NFC, have completed the bauxite field...

Indonesia plans to ban exports of unprocessed metal ores including bauxite from May
18 APR 20123MINS

Indonesia plans to ban exports of unprocessed metal ores including bauxite from May

Indonesia, Southeast Asia’s largest economy, will proceed with a plan to ban exports of unprocessed metal ores including bauxite from May 1, while confirming an exemption for producers that intend to treat output locally. “If miners don’t have the business plan they will be prohibited from...

Auto Aluminum Plate Industry Leader Settled in Changzhou Jiangsu
16 APR 20121MINS

Auto Aluminum Plate Industry Leader Settled in Changzhou Jiangsu

Recently, aluminum industry leading company NOVELIS and Changzhou State HiTech Zone signed an agreement that will build automobile aluminum plate manufacturer in this area. The first phase will invest in 0.1 billion dollars and it is likely to provide products to Asia automakers after finished....

Aluminum Giants Caught in Court Battle
10 APR 20121MINS

Aluminum Giants Caught in Court Battle

Rusal, the world's largest aluminum producer, confirmed that its shareholder, another aluminum giant SUAL Partners Ltd, filed a statement of claim with the London Court of International Arbitration last week, Rusal reports. SUAL Partners Ltd is owned by Russian billionaire Viktor Vekselberg and...