Aluminium Bahrain (Alba) , owner of one of the world’s largest aluminium smelters, is raising $1.5 billion in bank debt to refinance loans it obtained in 2016 to back its Line 6 expansion project, two sources familiar with the matter said.
News ID: 6305 Publish Date : 2019/09/05
Colorado’s Ball Corporation announced earlier this week a pilot program for testing and marketing single-use aluminium beverage cups, which the firm says is the first step in introducing infinitely recyclable aluminium as an alternative to plastic.
News ID: 6304 Publish Date : 2019/09/05
Yesterday Norsk Hydro ASA, Alumina do Norte do Brasil S.A. (Alunorte), and Brazil’s Ministerio Publico Federal together asked the Federal Court in Belem to end the production embargo it placed upon the world’s largest alumina refiner in March of last year.
News ID: 6303 Publish Date : 2019/09/05
Pittsburgh aluminium pioneer Alcoa Corporation announced a tentative accord with United Steelworkers over a four-year labor contract covering about 1,700 workers at five plants throughout the United States.
News ID: 6302 Publish Date : 2019/09/05
Over 650 GW of new onshore and 130 GW of new offshore wind capacity will be installed between 2018 and 2028, which will consume in excess of 5.5Mt of copper, according to new analysis by Wood Mackenzie.
News ID: 6290 Publish Date : 2019/09/03
Birmingham City Council has revealed that it sent over half of its aluminium abroad to be recycled last year. As per the report, 280 tonnes out of 529 tonnes of aluminium were sent to Germany, while the remaining 249 tonnes were sent to facilities within the United Kingdom.
News ID: 6281 Publish Date : 2019/08/29
To avoid future dependency on China for lithium batteries, Indian Oil Corporation Limited (IOCL) will reportedly make an alumina-based battery, which will be used for running electric vehicles.
News ID: 6280 Publish Date : 2019/08/29
Aluminium Bahrain (Alba), on course to become the world’s largest aluminium smelter with Line 6, announced a historic milestone as its smelter completed 10 million working-hours without any Lost Time Injury (LTI) on 27 August 2019 for the first time in the history of its operations since 1971.
News ID: 6279 Publish Date : 2019/08/29
PIOJ denies production slowdown in Alpart alumina refinery despite the news of shutdown doing rounds
The Planning Institute of Jamaica (PIOJ) said yesterday that it was not expecting a decline in alumina production in the near term despite proposed cut backs in the sector due to lower price of alumina. James Stewart, Senior Director at the PIOJ said that while the Institute is in discussion with JISCO regarding production, there is no sign of a production slowdown in Alpart.
News ID: 6278 Publish Date : 2019/08/29
Russia has been trying to rekindle Soviet-era relationships with governments across the African continent and build new ties. While China is dominating as an economic power in the African continent spreading its investment in the mining and infrastructure sector, Russia is building up its own role in the continent, currently focusing on relationships with Guinea. After the worsening of Russia’s economic ties with the U.S. due to sanctions, the country is looking at other markets and investment opportunities.
News ID: 6277 Publish Date : 2019/08/29
Primetals Technologies will supply BaoWu Aluminium Technology Ltd., (BaoWu) a combined aluminum hot rolling mill for the production of heavy plate and strip.
News ID: 6263 Publish Date : 2019/08/29
PELLEX remain stable at INR 6,100/wmt (DAP Raipur) due to limited trades reported. Raipur based pellet makers concluded 2500-3000MT pellet at INR 6,200/MT (Ex-plant) normalizing for freight to Raipur at INR 6,350 (DAP Raipur).
News ID: 6205 Publish Date : 2019/08/28
The price of copper came under pressure again on Thursday amid worries about a global economic slowdown, particularly in manufacturing, vital to overall demand for the bellwether metal.
News ID: 6139 Publish Date : 2019/08/24
Alcomet AD, based in Shumen, Bulgaria, is proud to present the inauguration of its new HybrEx®25 from SMS group as one of a new generation of extrusion presses featuring an innovative drive concept.
News ID: 6136 Publish Date : 2019/08/23
U.S. Court of International Trade has affirmed virtually all of the U.S. Department of Commerce’s final antidumping determination on certain aluminium foil imported from China. The Aluminum Association has welcomed the court’s decision in a statement. Aluminum Association Vice President for Policy and International Trade Lauren Wilk said:
News ID: 6095 Publish Date : 2019/08/22
Australian mining and metals company South32’s chief executive Graham Kerr reportedly says that it’s not the right time to commit large investments in alumina refineries expansion, as the return of Brazil’s Alunorte alumina refinery’s production creates an oversupply of the commodity which therefore leads to the price drop.
News ID: 6094 Publish Date : 2019/08/22
74-years old pensioner Alan Smith, along with his team has reportedly built an environmentally friendly hydrogen reactor, a mini plant that can circumvent conventional shortcomings in hydrogen production while producing aluminium oxide and heat as valuable by-products.
News ID: 6085 Publish Date : 2019/08/22
According to a recent report, a 7 per cent growth in aluminium demand in India during April-June quarter of the financial year 2019-20 failed to boost production as consumption remained moderate in industries facing liquidity crunch. Sales of aluminium companies also fell by 10.8 per cent in that period as imports grabbed a bigger share of the consumption pie.
News ID: 6084 Publish Date : 2019/08/22
Almex USA Inc. has announced its selection as the technology and equipment provider for the future casthouse of Western Extrusions Corporation of Carrollton, Texas, USA. Western is one of the leading independent aluminum extruders in North America and its Carrollton facility among the largest in America at a single site.
News ID: 6062 Publish Date : 2019/08/19
According to a recent report, Leicester City Council has teamed up with Alupro, the aluminium packaging recycling organisation, to help residents recycle more of their aluminium foil trays and wrapping foil.
News ID: 6061 Publish Date : 2019/08/19
