Business

Extruded Aluminium Buoys Norsk Hydro Financial Results In 2020

Extruded Aluminium Buoys Norsk Hydro Financial Results In 2020

Norwegian aluminium producer Norsk Hydro ASA released its annual report on Friday. Despite the challenges to the global economy and the worldwide aluminium market, the firm reported strong results even in the face of coronavirus’s impact. For the year 2020 Hydro reported...

Events

Altech Announces Successful Test Of High-Purity Alumina Coating Technology

Australian innovator Altech Chemicals Ltd. announced yesterday the completion of the first phase of battery performance testing of graphite particles coated with its high-purity alumina (HPA) via its proprietary coating technology. Altech says the tests involved a control group of uncoated standard anode-grade graphite particles and a separate group of graphite particles coated with HPA. […]

Metso Outotec Inks €13 MM Contract For Twin Flash Evaporation Alumina Plants With NALCO

Finnish mining operations and technology firm Metso Outotec announced last week a €13-million contract with India’s National Aluminium Company (NALCO) to deliver two 170 t/h Bayer-process flash evaporation plants to its plant in northern India. Metso Outotec will deliver the twin flash evaporation plants to Damanjodi Alumina Refinery in Odisha. The plants employ cutting-edge technology […]

Platts To Launch Low-Carbon Aluminium Price Assessments In April

S&P Global Platts said on Friday it would begin a service to provide pricing assessments for low-carbon aluminium next month. Platts’ move to offer low-carbon aluminium pricing is in stark contrast to the London Metal Exchange. The LME declined calls for such, choosing instead to institute a digital register for carbon details and an online […]

Norsk Hydro Sells Aluminium Rolling Business To KPS Capital Partners For €1,380 MM

Norwegian aluminium producer Norsk Hydro ASA said yesterday it sold its aluminium rolling business to KPS Capital Partners for €1,380 million as part of the firm’s effort to shore up profitability and encourage sustainability. Hydro’s rolling business includes seven plants, a research and development center, global sales offices, and approximately 5,000 employees. The majority of […]

Constellium Meets With US Congressional Delegation To Promote Aluminium Usage In Space Program

Representatives of European value-added aluminium firm Constellium NV met with several United States legislators recently to lobby for the aluminium industry and its continued inclusion in the U.S. space program. Among the legislators Constellium’s representatives met with were Senator Shelley Moore Capito, Senator Joe Manchin, Representative Carol Miller, and Representative David McKinley from West Virginia. […]