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Aluminium Production

Five arrested over theft of aluminium conductors from KSEB office in Kerala
Downstream
Five persons, including an employee of the Kerala State Electricity Board Limited (KSEB) and a contract worker, have been arrested for allegedly stealing more than 100 kg of aluminium line conductors from the Vazhikkadavu KSEB office in Kerala's Malappuram district. According to police, the theft took place during the early hours of June 26. The accused include Thomas, a KSEB employee from Wandoor, Abdul Salam, a contract worker at the Pookkottumpadam KSEB office, and Jasir Hussain, Hishamudh ...
Ghana signs $341.6m deal with Danieli to strengthen aluminium value chain
Downstream
Ghana has moved a step forward to boost its aluminium industry after the signing of a Memorandum of Understanding (MoU) between the Ghana Integrated Aluminium Development Corporation (GIADEC) and Italian engineering company Danieli & C. Officine Meccaniche S.p. A. for developing downstream aluminium processing infrastructure in the country. The deal sees Danieli invest around EUR300 million (USD 341.61 million) in an aluminium sheet and foil rolling facility at the proposed Tema Integrated In ...

Downstream
Global commodities trader Vitol has successfully moved a stranded aluminium cargo through the Strait of Hormuz, marking one of the first signs that aluminium exports from the Gulf region are beginning to normalise following disruptions caused by the recent Iran conflict. The Lowlands Corso bulk carrier departed the Strait of Hormuz on Friday carrying around 35,000 tonnes of aluminium produced by Emirates Global Aluminium (EGA). The cargo, valued at approximately USD 110 million at current spo ...
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