Carlisle Companies Acquires Petersen Aluminum For US$197 Million
Arizona’s engineering conglomerate Carlisle Companies Incorporated announced last week the successful completion of the US$197-million acquisition of Petersen Aluminum Corporation....
Arizona’s engineering conglomerate Carlisle Companies Incorporated announced last week the successful completion of the US$197-million acquisition of Petersen Aluminum Corporation....
An Australian firm announced late last week that it had been given government approval to begin construction of a kaolin...
A glut in supply has driven premiums for aluminium shipment to Japan in the current quarter to two-year lows. So...
Though the subject of the Trump administration’s blanket tariffs on aluminium and steel were a subject of discussion between the two men, insiders say United States President Donald Trump and Canadian Prime Minister Justin Trudeau did not reach an agreement to hold formal talks between the two governments on the matter. Meanwhile, on the record […]
The world’s biggest alumina refinery may soon return to full production, though the process by which the plant achieves it is still uncertain. According to comments made on the sidelines of an industry conference earlier this week by Norsk Hydro ASA’s CEO Svein Richard Brandtzæg, the return to full operational capacity at Alumina do Norte […]
Though pressures from tightening environmental regulation and push-back from certain local tribal entities may work to slow it, analysts expect India’s bauxite sector to continue to grow by leaps and bounds in the months and years ahead. In a report released earlier this week by Fitch Ratings Inc.’s analyst branch Fitch Solutions Macro Research, the […]
Noting the significant uptick in planned alumina projects in the country, China’s government expressed concern that the domestic alumina industry may soon find itself in the midst of unsustainable overcapacity. Late last month saw The National Development and Reform Commission and the Ministry of Industry and Information Technology issue the Notice of Promoting Orderly Development […]
Endurance Technologies Ltd, through its subsidiary Endurance Overseas Srl., Italy (EOSrl), is now the proud owner of Italian aluminium die casting firm Fonpresmetal Gap SpA (Fonpresmetal). The auto-components maker announced the €8.16-million (US$9.3 million) deal in a stock exchange disclosure earlier this week. Per the disclosure, Fonpresmetal will be re-christened Endurance Castings SpA. Its aluminium […]
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...