Archive for March 2017

Alcoa Realigns Company Into Aluminium, Alumina, Bauxite Business Units

Alcoa Realigns Company Into Aluminium, Alumina, Bauxite Business Units

American aluminium major Alcoa Corporation announced yesterday a consolidation of business units. As of yesterday, the aluminium smelting, cast products, rolled products, and the majority of energy assets are all under the umbrella of the new business unit Alcoa Aluminum. The move...

Events

Beijing Scales Back Aluminium, Steel Production in Battle Against Winter Smog

According to a report from China’s central government, production of steel and aluminium by producers in over two dozen cities will drop significantly over the winter months. The move is seen as another salvo in the ongoing battle against smog. The document, which is a joint statement from the Ministry of Environmental Protection (MEP), Finance […]

Hansens Aluminum Awarded US$970,000 Block Grant for Kentucky Expansion

The Kentucky Department for Local Government (DLG) has awarded South African firm Hansens Aluminum LLC a block grant of nearly a million dollars to build a plant on the Ohio River in Henderson. The Department for Local Government approved a Community Development Block Grant (CDBG) in the amount of US$970,000 to fund the building of […]

EGA Turns In Higher Production, Financial Numbers for 2016

UAE’s Emirates Global Aluminium released results for fiscal year 2016 yesterday. The firm’s financial and production numbers were both higher over the previous year’s results. EGA’s net income for the year totaled AED2.1 billion, a ten-percent increase year-on-year. EBITDA came in at AED5.0 billion, equal to that of last year. The firm credits its focus […]