LOTTE Aluminium Plans US$238 MM Ultra-Thin Aluminium Cathode Foil For Kentucky
LOTTE Aluminium Materials USA LLC announced this week a new US$238.7 million project in Kentucky to construct an aluminium foil...
Business
Aluminium Stewardship Initiative Certifies Multiple Schüco Production Sites
Trade group Aluminium Stewardship Initiative announced last week the certification of Schüco International KG (Schüco) of its sites in Germany, Italy, the United Kingdom, and France under the ASI Chain of Custody Standard V1 (2017). The sites were previously certified under the...
Jamaica Government Promises Environmental Responsibility And Economically Beneficial Bauxite Production
The Jamaican government reiterated its commitment to sustainable and economically competitive bauxite production this week. Speaking at the opening of...
European Aluminium Backs EU Campaign To Reduce Reliance On Russian Petroleum
The European Aluminium Association lauded the European Union last week on its initiative aimed at reducing the continent’s dependence upon...
Events
Norsk Hydro To Add New Aluminium Scrap Recycling Capacity To Eastern Pennsylvania Plant
Norwegian aluminium producer Norsk Hydro ASA announced this week yet another capex project, this one a NOK500 million (US$51 million) expansion of its aluminium recycling plant in Cressona, Pennsylvania. Per the firm, the 50 thousand metric ton per annum expansion of the plant is expected to be completed towards the end of 2024. The new […]
Norsk Hydro Plans US$15 MM Expansion To Aluminium Remelting Plant In NW Kentucky
Norwegian aluminium producer Norsk Hydro ASA announced a planned US$15 million expansion of its aluminium remelting facility in Henderson, Kentucky last week. Hydro said in a press release that the capital expenditure would allow the plant to produce advanced aluminium alloys intended for the automotive industry. Among the aluminium products to be produced at the […]
Aluminium Stewardship Initiative Certifies Three North American Novelis Plants
Trade group Aluminium Stewardship Initiative certified a trio of Novelis’s North American aluminium plants under its ASI Performance Standard V2 (2017) last week. ASI said in a press release that Novelis production facilities in Georgia, Kentucky, and Ohio join eleven of the company’s plants in Europe and sites in the Republic of Korea (South Korea) […]
Rusal Places First Ever Yuan Bonds In Russia
Aluminium titan U.C. Rusal this week announced the first ever Yuan bond placement in its home country of Russia. Per the firm, the new bond placement enjoyed significant interest, as demand was more than double the amount of bonds on offer. The bonds had a fixed coupon rate of 3.9 percent per annum and a […]
Tiwai Point Aluminium Smelter Begins Negotiations For Power Contract Beyond Planned 2024 Closing
New Zealand Aluminium Smelter (NZAS) said this week it has opened negotiations with local power companies on solutions for extending the plant’s life beyond the slated closing at the end of 2024. The Tiwai Point aluminium smelter ended its power contract with Meridian Energy for NZ$0.55 per kilowatt hour through the end of this decade. […]
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 ...
