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Sumitomo to buy stake in RM2.78bil smelter project in S'wak
30 SEPT 20101MINS

Sumitomo to buy stake in RM2.78bil smelter project in S'wak

...Sumitomo Corp, Japan’s third-largest trading company, will invest in an aluminum smelting project costing as much as US$900mil (RM2.78bil) in Sarawak...

Nippon Light Metal to double Thai aluminium cold rolling capacity
13 SEPT 20101MINS

Nippon Light Metal to double Thai aluminium cold rolling capacity

...Nippon Light Metal announced the wholly owned subsidiary, Nikkei Siam Aluminium of Thailand adds new cold rolling mill for around JPY 1.4 billion to increase the flat products output capacity from annual 17,500 tonnes to 38,000 tonnes in April 2014...

Singapore Exchange Proposes Copper, Aluminum Futures Based on LME Prices
01 SEPT 20101MINS

Singapore Exchange Proposes Copper, Aluminum Futures Based on LME Prices

...Singapore Exchange Ltd. is consulting the public about introducing non-ferrous metals futures contracts for trading on its derivatives market, it said in a statement...

Chalco Is Seeking to Invest in Coal, Power Companies, Chairman <b>...</b>
25 AUG 20101MINS

Chalco Is Seeking to Invest in Coal, Power Companies, Chairman <b>...</b>

... ???In neighboring countries such as in Southeast Asia, there are rich bauxite , coal and hydropower resources, and Chalco is actively seeking ...

MITSUI, RIO TINTO TO START BAUXITE PROSPECTING IN LAOS
16 AUG 20101MINS

MITSUI, RIO TINTO TO START BAUXITE PROSPECTING IN LAOS

...Mitsui & Co. (TSE:8031) announced Friday the opening of a joint venture with Anglo-Australian mining giant Rio Tinto (ASX:RIO) to prospect for bauxite in Laos...

Vietnam To Remove Import Tax On Aluminum From Sept 18
16 AUG 20101MINS

Vietnam To Remove Import Tax On Aluminum From Sept 18

...Vietnam will remove the import tax on some non-alloy aluminum products from Sept. 18, the Ministry of Finance said Monday. The ministry said in a statement that the current tax rate on the products, including plate, sheet and strip of non-alloy aluminum, is 3%...

Japan offers to invest in Indonesian aluminium smelter
03 AUG 20101MINS

Japan offers to invest in Indonesian aluminium smelter

...Reuters reported that a consortium of Japanese investors has offered to invest USD 367 million to expand an aluminium smelter in Indonesia, an effort to maintain their majority ownership as Indonesia wants to increase its stake...

Japan offers to invest in Indonesian aluminium smelter
03 AUG 20101MINS

Japan offers to invest in Indonesian aluminium smelter

...Reuters reported that a consortium of Japanese investors has offered to invest USD 367 million to expand an aluminium smelter in Indonesia, an effort to maintain their majority ownership as Indonesia wants to increase its stake...

Govt only needs $120 million to take over Inalum, official says
29 JUL 20101MINS

Govt only needs $120 million to take over Inalum, official says

...The Indonesian government will only need about US$120 million in cash to buy out Japanese companies’ 58.88 percent stake in PT Asahan Aluminium Indonesia (Inalum), if it decides to take over the company when its contract ends in 2013, an official of an agency overseeing the company’s operation...

Midas clinches 2 contracts worth S$26.3m to supply aluminium alloy extrusion profiles
21 JUL 20101MINS

Midas clinches 2 contracts worth S$26.3m to supply aluminium alloy extrusion profiles

...Mainboard-listed supplier of aluminium alloy products Midas said it has clinched two contracts worth 130 million yuan or about S$26.3 million...

Indonesia sees On the Call: Alcoa Chairman and CEO KleinfeldAntam buying aluminium firm Inalum
14 JUL 20101MINS

Indonesia sees On the Call: Alcoa Chairman and CEO KleinfeldAntam buying aluminium firm Inalum

...xchange-traded funds, such as those based in gold, silver, platinum and platinum, are one option for investing in commodities. The funds can be traded like stocks during daily trading sessions...

Indonesia sees Antam buying aluminium firm Inalum
14 JUL 20101MINS

Indonesia sees Antam buying aluminium firm Inalum

...Reuters cited Mr Mustafa Abubakar state enterprises minister of Indonesia as saying that the government hopes state miner PT Aneka Tambang Tbk will be able to acquire 100% stake in aluminium firm PT Inalum...