Archive for February 2018

State Authorities Order Production Halved at Hydro Alunorte

State Authorities Order Production Halved at Hydro Alunorte

The government of the northern Brazilian state of Pará has ordered Norsk Hydro to halve production at Alumina do Norte do Brasil S.A. (Alunorte) due to the company’s failure to reduce the water level at a bauxite residue deposit at the site....

Events

Alumina Ltd. Boss Sees Opportunity in Possible U.S. Aluminium Tariffs

Though many stakeholders in the global aluminium sector fear the consequences tariffs levied upon them by the United States government may have, Alumina Limited’s chief sees such a turn of events as an opportunity for his firm. Mike Ferraro indicated in an interview with The Australian Financial Review that increased tariffs on imported aluminium enacted […]

Insiders Say Trump Likely to Lay Ten-Percent Tariff on All Aluminium Imports

According to unnamed confidants who spoke to the media last week, United States president Donald Trump is planning to levy tariffs upon aluminium and steel imports that are harsher than recommendations given by the Commerce Department last month. Three White House insiders told Bloomberg late last week that Trump is leaning toward saddling steel imports […]

Strengthened Aluminium Demand and Rising Prices Bolster Rusal’s 2017 Numbers

Russian Federation aluminium titan U.C. Rusal released numbers for the fourth quarter and full year 2017 on Friday. Strengthened demand and recovering aluminium prices helped the firm post almost uniformly positive results in both the production and financial arenas. In the fourth quarter of 2017, Rusal produced 945 thousand metric tons of primary aluminium, up […]