ALCORE Receives First A$7.5 MM Payment In Grant For Aluminium Bath Recycling Plant
Australian Bauxite Limited (ABx) announced this week that its subsidiary ALCORE Limited received the first payment of a A$7.5 million...
Business
Emirates Global Aluminium Expects IPO By Coming Summer
An initial public offering (IPO) for Emirates Global Aluminium PJSC (EGA) may come as soon as this summer according to one of the firm’s major shareholders. Mubadala Investment Co. Chief Executive Officer Khaldoon Khalifa Al Mubarak said on the sidelines of the...
China’s Aluminium Production Sets New Record High In 2022 As Imports Fall Off
Numbers released this week by Beijing show that the People’s Republic of China’s aluminium production rose to a new record...
Aluminium Bahrain Commissions Forced Cooling Network Project At Potlines 4 and 5
Aluminium Bahrain B.S.C. (Alba) kicked off 2023 this week by launching its Forced Cooling Network (FCN) Project at Potlines 4...
Events
EGA Forms Aluminium Recycling Coalition
Emirates Global Aluminium PJSC (EGA) announced this week the formation of the Aluminium Recycling Coalition, a coalition intended to increase the rate of aluminium recycling in the United Arab Emirates. Among the members of the new coalition are Abu Dhabi Waste Management Company (Tadweer), Aujan Coca-Cola Beverages Company, Coca-Cola Al Ahlia Beverages Company, BEEAH Tandeef, […]
Slovalco Ends Aluminium Production After 70 Years
After 70 years of aluminium production, Slovakia’s lone smelter is calling it quits. Slovalco announced last week that it has made the decision to end aluminium smelting due to ever-rising energy prices. The plant, which is located in Žiar nad Hronom, said that energy prices have risen to such an extent that it can no […]
Rio Tinto Praises Australian Government’s New Carbon Emissions Reduction Policy
Anglo-Australian mining giant Rio Tinto Group praised the Australian government’s new emissions-reduction policy last week for the support it will offer to the country’s heavy industries, including bauxite mining. Australia’s new policy will begin on July 1 and require the country’s most prolific carbon emitters to reduce their carbon production by 4.9 percent each year […]
GFG Alliance Cuts Production At UK Facilities Due To High Energy Costs
Sanjeev Gupta’s Liberty Steel will be idling two plants in the United Kingdom and cutting production at several others on account of high energy prices. Liberty Steel’s parent company GFG Alliance said that its plant at Newport, Wales and West Bromwich will fall idle soon, while production at its Rotherham plant will be reduced. In […]
Aluminium Bahrain Awards Contract For Installation Of 9 Acres Of Solar Panels At Solar Farm Project
Aluminium Bahrain B.S.C. (Alba) said this week that it has signed a contract with Advanced United Systems (AUS) to install about 9 acres of Solar Photovoltaic (PV) Panels at its Solar Farm Project. The Solar Farm Project will consist of about 11,300 solar panels mounted atop parking facilities and certain facilities at Alba’s plant. The […]
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 ...
