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....
Archive for January 2019
Vietnam Opens Anti-Dumping Investigation Of Certain Aluminium Products From China
Yesterday the Vietnamese government announced the beginning of an anti-dumping investigation against certain value-added aluminium products imported from the People’s Republic of China. Per the announcement, the Ministry of Industry and Trade will be investigating Chinese imports of aluminium wire rods, profiles,...
Tellus Granted Permits For New Kaolin Mine In Western Australia
An Australian firm announced late last week that it had been given government approval to begin construction of a kaolin...
Japan’s Aluminium Import Premiums Weakest In Two Years, But Spring Rebound Expected
A glut in supply has driven premiums for aluminium shipment to Japan in the current quarter to two-year lows. So...
Events
Trump And Trudeau Talk Tiptoes Through Tariff Tensions
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 […]
Full Production At Alunorte On The Horizon: Hydro CEO Brandtzæg
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 […]
Analysts Predict Strong Year Ahead For India’s Bauxite Production
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 […]
Beijing Expresses Fear Over Domestic Alumina Overcapacity
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 Acquires Fonpresmetal For €8.16 Million
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 […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
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 ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
