Indian Government Funds Technology Transfer For Transition To Aluminuim Rail Coaches
India’s government has taken steps to obtain technology for producing all-aluminium railway coaches, phasing out heavier and less efficient conventional...
Business
Alba Records 25-Percent Rise In Aluminium Sales Volume In Year’s Opening Half
Aluminium Bahrain B.S.C. released production numbers for the second quarter of 2019 over the weekend. Despite sagging prices at the London Metal Exchange, Alba turned in double-digit increases in both sales volume and throughput in the quarter. During the year’s second quarter...
Aluminerie Alouette Receives C$15 Million Grant From Canada’s Government To Improve Operations At Sept-Îles
Canada’s largest aluminium smelter Aluminerie Alouette will receive C$15 million (US$11.5 million) from the Canadian government for use in developing...
Alcoa Reaches Deal For Purchase Of Avilés And La Coruña Aluminium Plants In Spain
Yesterday Pittsburgh aluminium pioneer Alcoa Corporation announced that it has come to an agreement with Swiss private equity firm PARTER...
Events
Rusal Places Second Set Of Ruble Bonds This Year On Moscow Exchange
Russian Federation aluminium titan U.C. Rusal announced yesterday the closing of the book-building process for the second successful ruble bond placement the firm has made this year on the Moscow Exchange. The just-completed bond placement is a 10-year bond with a 3.5-year put option and has a nominal value of ₽15 billion (US$236 million). A […]
ABx’s ALCORE Begins Refining Bauxite Into Aluminium Fluoride
Australian Bauxite Limited (ABx) updated the market on Wednesday as to progress on the ALCORE Limited project, noting that it has achieved the project’s third milestone on the road to commercial production of aluminium fluoride (AlF3). ABx says the project has begun chemical refining of bauxite ore into aluminium fluoride with the removal of silicon […]
Lockout Ends At Aluminerie de Bécancour With Labor Vote To Accept Alcoa Contract Offer
A months-long lockout and curtailment at Aluminerie de Bécancour Inc. (ABI) in Quebec is over after a vote on Tuesday by locked-out laborers to accept a new contract offer from Alcoa Corporation. Members of the local chapter of United Steelworkers voted in favor of the six-year contract, which Alcoa characterized as the final offer they’d […]
Rusal Promoted To AAA Credit Rating By Top Chinese Rating Agency
Russian Federation aluminium giant U.C. Rusal announced yesterday that its credit rating was upgraded to AAA status by a top credit rating agency in the People’s Republic of China. Per the firm, China Chengxin Securities Rating Co., Ltd. boosted Rusal’s credit rating from AA+ and assigned it a Stable outlook due to its improved financial […]
Gestamp Opens Second Aluminium Automotive Components Plant In Slovakia
Spanish metal automotive components maker Gestamp Automoción opened a new production plant in Nitra, Slovakia last week that is dedicated to the production of aluminium automotive parts. The new €130-million plant will produce aluminium parts primarily for Jaguar Land Rover, which recently began producing units of its Land Rover marque in Slovakia. Gestamp says its […]
Is Rio Tinto’s ISAL smelter a bargain or a smart investment?
At least three companies (including Swiss commodity trader Glencore and German Trimet Aluminium) have expressed interest in buying Rio Tinto’s aluminium assets in Iceland, Sweden and the Netherlands, priced at up to US$ 350 million, news agencies reported earlier this month. A ...
Aluminium Extrusions Are Winning The Race For Battery Enclosure In EVs
Battery enclosures for electric vehicles (also called frames, housings or battery packs) have a pretty straightforward purpose: holding and protecting ...
Half-Year Report: Aluminium Prices Still Under Pressure
Base metals prices continued to slide in May and early June, with metals traded on the LME witnessing some serious ...
Aluminium Prices in Q2: A Market Analysis
Base metals prices tumbled in the last week of April and at the start of May, with the aluminium price ...
