First Shipment By Chalco Of Bauxite From Guinea Mine Scheduled For Early December
Aluminum Corp of China Ltd (Chalco) said earlier this week that it has queued up its inaugural bauxite ore shipment...
Staff
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...
China Hongqiao To Begin Transferring 2 MTPA Of Aluminium Smelting Capacity To Yunnan Next Year
In an effort at reducing its reliance upon coal-generated electricity, China Hongqiao Group Ltd said yesterday it plans to move...
EGA Inks Long-Term Deal To Buy Calcined Petroleum Coke From Abu Dhabi National Oil Company
Emirates Global Aluminium PJSC (EGA) and the Abu Dhabi National Oil Company (ADNOC) announced yesterday the execution of a long-term...
Events
Metro Mining To Receive A$47.5 Million Loan From Australian Government For Expansion At Bauxite Hills
Australia’s Metro Mining Ltd. announced yesterday the decision by the Northern Australia Infrastructure Facility (NAIF) to loan to the firm up to A$47.5 million for expansion of operations at Bauxite Hills. Per the firm, NAIF’s Loan Facility is a nine-year note that will be used to carry out the Stage 2 Expansion at Bauxite Hills […]
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 […]