Staff

International Aluminium Institute’s Ron Knapp Joins China Hongqiao As International Adviser

International Aluminium Institute’s Ron Knapp Joins China Hongqiao As International Adviser

World leading aluminium producer China Hongqiao Group Ltd announced late last week the hiring of Ron Knapp to be the firm’s international adviser starting next year. Speaking to reporters at the China Aluminum Week forum in Qingdao on Friday, Knapp said this...

Events

First Capesize Vessel Departs Guinea Alumina Corporation Facilities In Kamsar

Emirates Global Aluminium PJSC (EGA) announced over the weekend the departure of the inaugural Capesize vessel from its bauxite mining subsidiary in Guinea. Berge Bulk’s ore carrier MV Berge Rosa departed from Guinea Alumina Corporation’s facilities at Kamsar bound for an unnamed buyer in India. The vessel set sail with 173 thousand metric tons of […]

Aluminium Stewardship Initiative Certifies Companhia Brasileira de Alumínio Across Entire Value Chain

The Aluminium Stewardship Initiative (ASI) revealed on Friday the certification of several plants and facilities owned by Brazil’s Companhia Brasileira de Alumínio (CBA) against the ASI Performance Standard and Chain of Custody Standard. The facilities included in the certifications announced last week include a trio of bauxite mines in Minas Gerais, an alumina refinery, a […]

Weak Aluminium Prices At LME Take Toll On Rusal Bottom Line In Q3

Russian Federation aluminium behemoth U.C. Rusal released financial results for the third quarter and opening nine months of 2019 on Friday. Though production was generally level or better compared to prior periods, a decrease in aluminium prices teamed up with a reduction in value-added products sales to weigh down financial numbers for both periods. For […]

Rusal To Place ₽15 Billion Bond On Moscow Exchange

Russian Federation aluminium titan U.C. Rusal closed the bookbuilding process for this year’s fourth placement of a ruble-denominated bond on the Moscow Exchange earlier this week. The bond in question has a total nominal value of ₽15 billion and features a 10-year maturity and a 3-year put option. Originally offered with a coupon rate of […]