Business

GFG Alliance Reaches Standstill Agreement With Credit Suisse On Australian Assets

GFG Alliance Reaches Standstill Agreement With Credit Suisse On Australian Assets

Gupta Family Group Alliance and Credit Suisse have reached a standstill accord on its Australian plants yesterday that will allow the two parties to come to terms with the collapse of GFG’s financier Greensill Capital. GFG said in a statement that it...

Events

Rio Tinto Begins Scandium Oxide Production At Quebec Plant

Anglo-Australian metals mining giant Rio Tinto Group said last week it is beginning to produce high-quality scandium oxide for use in aluminium alloys at its Rio Tinto Fer et Titane (RTFT) plant in Quebec. Rio Tinto said the US$6-million project came in on time and on budget and has gone into production in under six […]

Constellium Teams Up With WVU Parkersburg On Scholarship Program

European value-added aluminium firm Constellium NV announced this week the extension of another ten scholarships to West Virginia University Parkersburg via the firm’s Skilled Trades Scholarship program. The program is a longstanding partnership between the two institutions to help chosen high school students to achieve an associate’s degree in Multi-Craft Technology or Reliability and Maintenance […]

Alcoa Planning Conversion To Steam-Generated Power At Australian Alumina Refineries

American aluminium pioneer Alcoa Corporation said this week that it is preparing a “step change” in the production of alumina that would eliminate 70 percent of the emissions generated in the process by adapting renewable energy as a power source. Alcoa’s Australia subsidiary said Thursday that energy-intense exports from Down Under would be most harmed […]

Alba Hosts Virtual ESG Week Focusing On Environmental Stewardship

Aluminium Bahrain B.S.C. (Alba) launched a campaign this week to promote and enhance its environmental, social, and governance (ESG) matters. The campaign is in conjunction with the Gulf Aluminium Council’s (GAC) ESG Week. The initiative, dubbed “Achieving the Balance,” was launched on Sunday and will be conducted virtually through Thursday. It will highlight Alba’s sustainability […]