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Mississippi Gov. Tate Reeves announces meeting to finalize the $2.5 billion aluminium mill project in Lowndes County
01 NOV 20222MINS

Mississippi Gov. Tate Reeves announces meeting to finalize the $2.5 billion aluminium mill project in Lowndes County

On Monday, October 31, Mississippi Gov. Tate Reeves announced that a special legislative session would be organised on Wednesday to discuss the much-awaited incentive plan for the $2.5 billion aluminium factory in Lowndes County. He stated that the project is anticipated to generate over 1,000...

Primary aluminium weekly recap: Hydro chief executive urges for sanctions on Russian aluminium in EU, US; Covid impact, unlawful activities at logistics delivery drags down South32's aluminium sales
29 OCT 20226MINS

Primary aluminium weekly recap: Hydro chief executive urges for sanctions on Russian aluminium in EU, US; Covid impact, unlawful activities at logistics delivery drags down South32's aluminium sales

This week the global primary aluminium industry witnessed a lot of significant events. The ongoing geopolitical conflict between Russia and Ukraine has brought about many changes in the industry. To begin with, on October 24, 2022, Norsk Hydro's CEO and President Hilde Merete Aasheim urged the...

Aluminium shortage disrupts license plate production in Nebraska
26 OCT 20222MINS

Aluminium shortage disrupts license plate production in Nebraska

On Tuesday, October 25, state senators of Nebraska, Curt Friesen and Steve Halloran, updated the Hall County Board of Commissioners on the ongoing aluminium crisis. The scarcity of aluminium can be linked to the problems in the supply chains brought on by the pandemic, which is causing difficulties...

Hydro chief executive urges for sanctions on Russian aluminium in EU, US
26 OCT 20222MINS

Hydro chief executive urges for sanctions on Russian aluminium in EU, US

On October 24, 2022, Hilde Merete Aasheim, the President and CEO of the Norwegian aluminium producer Norsk Hydro called on the United States and the European Union to halt importing Russian aluminium onto their territories. According to the Hydro chief, around half of Europe's primary aluminium...

Sanctions on Russian aluminium may drive several companies out of business: European industry associations
24 OCT 20222MINS

Sanctions on Russian aluminium may drive several companies out of business: European industry associations

On October 24, 2022, five European industry associations stated that they had urged European authorities to stave off sanctions, tariffs or boycotts against Russian aluminium. Otherwise, it might create a situation where thousands of companies would go out of business, and develop unemployment. The...

US primary aluminium monthly production plunges 14,000 tonnes in July’22
21 OCT 20222MINS

US primary aluminium monthly production plunges 14,000 tonnes in July’22

According to the US Census Bureau data, domestic primary aluminium production in July 2022 was 64,000 tonnes, with daily average output at 2,070 tonnes. Compared to the previous month, monthly aluminium production in July edged 14,000 tonnes or 17.95 per cent lower than 78,000 tonnes and daily...

US sanctions speculation called 'irresponsible' by En+ Group chairman
17 OCT 20223MINS

US sanctions speculation called 'irresponsible' by En+ Group chairman

The chairman of En+ Group, Christopher Burnham, stated that the article published by Bloomberg on 12th October 2022 on the US sanctions speculations was ‘irresponsible’. The group’s metal arm is the world’s leading producer of low-carbon aluminium (Rusal) and the most significant independent...

Primary aluminium recap final: Joe Biden's administration considering a complete ban on Russian aluminium; LME plans to limit aluminium trade with Russia
15 OCT 20224MINS

Primary aluminium recap final: Joe Biden's administration considering a complete ban on Russian aluminium; LME plans to limit aluminium trade with Russia

The ongoing Russia-Ukraine crisis has changed a lot of things in the industry. From the domestic aluminium prices witnessing a hike over the past week to Alcoa influencing the Biden administration to prevent American imports of Russian aluminium, it has brought about a lot of differences. As a...

Alcoa influencing Biden administration for U.S. import restrictions on Russian aluminium
14 OCT 20222MINS

Alcoa influencing Biden administration for U.S. import restrictions on Russian aluminium

Following the recent military escalation in Ukraine, Alcoa is pressing the Biden administration to obstruct U.S. aluminium imports from Russia. As a result, aluminium prices increased by more than 3 per cent. According to recent news reports, the White House is reportedly exploring various...

Joe Biden's administration considering a complete ban on Russian aluminium
13 OCT 20222MINS

Joe Biden's administration considering a complete ban on Russian aluminium

The LME aluminium prices on 11 th October 2022 witnessed a glide following Bloomberg's report that the United States is considering a complete ban on Russian aluminium. The ban on Russian aluminium jeopardizes conquering a global market already stumbling from several disarrays while emphasizing if...

Momentum Manufacturing Group announces phase 2 expansion of its aluminium extrusion capacity in Franklin
12 OCT 20222MINS

Momentum Manufacturing Group announces phase 2 expansion of its aluminium extrusion capacity in Franklin

Momentum Manufacturing Group, one of the leading manufacturers of aluminium extrusion in the US, has announced that phase two of their capacity expansion is underway. To increase output at its manufacturing facility at 43 Industrial Park Drive in Franklin, which produces customised aluminium...

US aluminium scrap exports to Malaysia augments by 960.45% in 2Q2022
11 OCT 20222MINS

US aluminium scrap exports to Malaysia augments by 960.45% in 2Q2022

Aluminium is a very resilient metal that can be recycled repeatedly without losing its original value. Recycling aluminium conserves 95 per cent of the energy required to produce the same quantity of aluminium from scratch. Recycling metals isn't always as simple as it may be. Steel is the hardest...

Wiley Rein assists ITC in granting trade relief on Chinese aluminium extrusion
06 OCT 20223MINS

Wiley Rein assists ITC in granting trade relief on Chinese aluminium extrusion

Wiley Rein LLP assisted in convincing the U.S. International Trade Commission (ITC) to grant relief from imports of dumped and subsidised aluminium extrusions from China on behalf of U.S. makers of aluminium extrusions. Following a mandated five-year "sunset review" including these items, the ITC...

COTA to serve sustainable Ball aluminium cups throughout US Formula One Grand Pix
06 OCT 20222MINS

COTA to serve sustainable Ball aluminium cups throughout US Formula One Grand Pix

Throughout this month’s Formula One United States Grand Prix, several sustainability initiatives will be taken up by the Circuit of the Americas (COTA). The racing track would be populated with 96-gallon recycling bins and 90 per cent recycled aluminium cups provided by Ball Corporation in place of...

Assan Alüminyum plans to launch a facility in the US with an investment of $460 million
04 OCT 20222MINS

Assan Alüminyum plans to launch a facility in the US with an investment of $460 million

The world's leading manufacturer of flat-rolled aluminium (FRP), Assan Alüminyum, a subsidiary of Kibar Holding, intends to open a facility in the United States with an investment of $460 million. According to Ali Kibar, the projected factory's annual production capacity would be 120,000 tonnes....

Kentucky government recoups $15 million from failed Unity Aluminum project
30 SEPT 20222MINS

Kentucky government recoups $15 million from failed Unity Aluminum project

The government of Kentucky finally received $15 million that was invested in an abandoned aluminium plant project, which stood unfinished for five years. On Thursday, Gov. Andy Beshear announced that the money from the previous administration of Gov. Matt Bevin had been returned. The money was...

US aluminium plates, sheets, and bars exports to Canada record a quarterly fall of 8% for 2Q22
28 SEPT 20221MINS

US aluminium plates, sheets, and bars exports to Canada record a quarterly fall of 8% for 2Q22

The United States aluminium plates, sheets, and bars exports to Canada totalled 67,100 tonnes in the second quarter of 2022 ended June 30, up by 7.88 per cent quarter-on-quarter from 62,200 tonnes, found the US Census Bureau data. In June 2022, the United States exported 20,100 tonnes of aluminium...

North American producers suffering from the unrestricted flow of Russian aluminium into the US: Jakob Stausholm, Rio Tinto
25 SEPT 20222MINS

North American producers suffering from the unrestricted flow of Russian aluminium into the US: Jakob Stausholm, Rio Tinto

The chief executive of Rio Tinto, Jakob Stausholm, is concerned about the unshackled flow of Russian aluminium into the US, which is decreasing the competitiveness of North American producers. According to Stausholm, Russian aluminium imports remain exempt from US sanctions, whereas allies like...