A new report by global independent research analysts, CM Group, reveals greater optimism for the aluminium industry post-Covid with global aluminium demand expected to reach 298 million tonnes per year (mtpy) by 2050. The report, An Initial Assessment of the Impact of the Covid–19 Pandemic...
Earlier this week aluminium trade group European Aluminium petitioned the European Commission to take the next step after issuing a white paper on the negative effects of subsidized imports to the continent by taking concrete actions against importers from the People’s Republic of China. In a press release issued on Wednesday, European Aluminium noted the […]
Russian Federation aluminium behemoth U.C. Rusal said yesterday it has commissioned a new foundry complex at its aluminium smelter operation in Boguchansky (BoAZ). The new foundry will produce 120 thousand metric tons of aluminium alloy for the firm. Rusal says the new foundry, which was designed by the Italian firm Properzi, will produce a new […]
Pittsburgh aluminium pioneer Alcoa Corp said yesterday it has begun the process of laying off the workforce at its aluminium plant in San Ciprián, Spain. According to the firm, it has been in talks with the labor force at the plant since late May. At issue is what Alcoa characterizes as “significant and unsustainable circumstances” […]
Australian Bauxite Limited (ABx) advised investors yesterday that operations are back in action in the wake of a stoppage to battle the effects of the recent coronavirus pandemic. Per the firm, mining and screening operations at Bald Hill mine are in full swing, with trucking to port underway. ABx is currently assembling its next shipment […]
Noting the unique situation in which the global economy has found itself in recent months, Norwegian aluminium smelter Norsk Hydro ASA updated investors as to production volumes for the past two months, detailing a more or less increase in production but showing a steep decline in sales over the period. Per the firm, production volumes […]
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