Business

Tomago Aluminium Supports Government-Run Natural Gas Power Plant If No Other Power Option Available

Tomago Aluminium Supports Government-Run Natural Gas Power Plant If No Other Power Option Available

The head of Queensland’s Tomago Aluminium told local media yesterday that he supports the federal government’s plan to build a natural gas power generation plant as long as his firm’s smelter gets a “like-for-like” supply of electricity when the nearby coal-fired plant...

Rusal Inks Agreement With Sberbank On Sustainability Initiatives

Russian Federation aluminium behemoth UC Rusal said yesterday that it has signed an agreement with PJSC Sberbank to collaborate on their Environment, Social and Governance (ESG). The agreement’s ultimate aim is to attain UN Sustainable Development Goals. The announcement was made at the 2020 Russian and CIS Metals and Mining Industry Joint Summit earlier this […]

Norsk Hydro, Panasonic, And Equinor Agree To Study Establishing A Battery Plant In Norway

Norwegian aluminium smelter Norsk Hydro ASA announced a memorandum of understanding with technology firm Panasonic and international energy company Equinor to explore the possibility of collaborating on a sustainable and affordable business in batteries in Europe. The trio agreed to investigate the possibility of building a battery operation in Norway through the upcoming summer. Any […]

Constellium’s Bowling Green Rolled Aluminium Plant Recognized As Environmental Steward By TVA

Amsterdam rolled and extruded aluminium leader Constellium N.V. said yesterday its plant in Bowling Green, Kentucky, has been named an “exemplary environmental steward” by the Tennessee Valley Authority (TVA). The plant, which supplies the growing automotive market in North America, boasts a nameplate capacity of 100 thousand metric tons per annum. Bowling Green’s operations were […]

China’s Economy Continues Strong Recovery In October, Boosting Aluminium Production

China’s economy continued to storm back from the depths in October, as factory outputs raced to meet rising retail sales in a better-than-expected recovery for the country’s economy. Per data from the National Statistics Bureau, industrial production rose by 6.9 percent on the year, similar to September’s rise and above experts’ expectations for the month. […]