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European Aluminium Calls For Bold Action On Sustainable Power Production

European Aluminium Calls For Bold Action On Sustainable Power Production

Trade group European Aluminium Association began its spring meeting in Brussels with a call to Europe鈥檚 governments to back a strong movement to develop sustainable energy development. The first event of the spring meeting, which was the first in-person meeting hosted by...

Events

Emirates Global Aluminium Agrees To US$137.5 MM Credit Facility Tied To Term SOFR

Emirates Global Aluminium PJSC (EGA) announced this week that it has entered into a new US$137.5 million revolving credit facility that is tied to the new Term Secured Overnight Funding Rate (SOFR). Per the firm, SOFR is an emerging replacement for the long-standard US dollar London Interbank Offering Rate. Though long accepted as the gold […]

AMAG Inks 鈧100 MM Deal With Ruag For Supply Of Aluminium Parts For Airbus A320

Austrian aluminium firm AMAG Austria Metall AG announced last week a multi-year agreement with Swiss aeronautical supply firm Ruag Aerostructures to supply aluminium parts and components for the Airbus A320 Single-Aisle-Programme. AMAG will supply the aluminium components via its subsidiary in Germany. Details were sparse on the agreement, but AMAG specified that the deal was […]

Aluminium Stewardshp Initiative Certifies Two Trimet France Plants Under Its Performance Standard

Trade group Aluminium Stewardship Initiative announced this week the certification of Trimet France鈥檚 aluminium operations at Saint-Jean-de-Maurienne and Castelsarrasin under its Performance Standard for the responsible production of aluminium. The plants wire rods, slabs and ingots, production of molten aluminium, and manufacture of anodes activities fall under the ASI鈥檚 new certification. Altogether, the two sites鈥 […]

Norsk Hydro Begins Construction Of New Aluminium Recycling Plant In SW Michigan

Norwegian aluminium producer Norsk Hydro ASA broke ground last week on a new US$150 million aluminium recycling plant in Cassopolis, Michigan. According to Hydro, the plant鈥檚 nameplate capacity will be 120 thousand metric tons of low-carbon aluminium extrusions per annum. Production is slated to begin next year, and the plant will create about 70 jobs […]

Altech Reports Promising Results For Feasibility Study Of Alumina Coating Plant In Germany

Australian innovator Altech Chemicals Ltd. released promising results from its Preliminary Feasibility Study (PFS) of a 10 thousand metric tons per annum silicon/graphite alumina coating plant in Saxony, Germany this week, predicting a rate of return of 40 percent for the project. Per the firm, the plant, which would produce the proprietary high-capacity silicon/graphite battery […]