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Hydro to close extrusion plant in Lucé, France
03 Mar 20262MINS
Downstream
Hydro has decided to further consolidate the Extrusions operations in Europe with a proposal to close the Lucé plant in France. This move is made to optimise the extrusion footprint in Europe and strengthen competitiveness. The proposed closure affects approximately 80 employees, and a formal con ...
AMAG financials 2025: Revenue rises on aluminium price strength, earnings impacted by volume and margin pressure
03 Mar 20265MINS
Downstream
In 2025, AMAG’s performance reflected strong aluminium prices against a backdrop of operational pressure. Revenue increased 2.1 per cent to EUR 1.47 billion, up from EUR 1.44 billion in 2024. The improvement was largely driven by market pricing. The three-month LME aluminium average rose 7.4 per c ...

03 Mar 20263MINS
Alumina
Africa Finance Corporation and the Federal Government of Nigeria have signed a deal to invest in three major mining projects. One of them includes USD 1.3 billion for an aluminium refinery project. This agreement was signed under the Solid Mineral Development Fund (SMDF), a sovereign investment fu ...
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