Business

China Imports All-Time High Of 31.1 Thousand Metric Tons Of Unwrought Aluminium Alloy In November

China Imports All-Time High Of 31.1 Thousand Metric Tons Of Unwrought Aluminium Alloy In November

Import data released earlier this week showed marked increases in China’s intake of bauxite, alumina, and unwrought aluminium in recent months, mostly reversing declines in prior periods. According to Shanghai Metals Market, Chinese buyers imported 7.21 million metric tons of HS code...

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Events

Novelis Receives Final Regulatory Approval For Aleris Purchase From Chinese Regulators

Novelis Receives Final Regulatory Approval For Aleris Purchase From Chinese Regulators

Atlanta’s rolled and recycled aluminium firm Novelis Inc. announced on Friday the receipt of approval from China’s State Administration for Market Regulation (SAMR) for its US$2.6 billion buy-out of Aleris Corporation. Per the firm, this is the final approval required for the purchase, as it has already received a sign-off on the transaction from the […]

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Power Outage Leads To Production Stoppage At Paragominas, Reduction At Alunorte

Power Outage Leads To Production Stoppage At Paragominas, Reduction At Alunorte

Norwegian aluminium giant Norsk Hydro ASA announced on Thursday a power outage in Brazil affecting the firm’s bauxite mine and alumina refinery in the state of Pará. According to Hydro’s press release, a transmission tower toppled on Wednesday, cutting power to Mineração Paragominas S.A. Though no injuries were reported, the mishap has temporarily halted production […]

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ASI Certifies BMW’s Landshut Plant Against Performance Standard For Materials Stewardship

ASI Certifies BMW’s Landshut Plant Against Performance Standard For Materials Stewardship

The Aluminium Stewardship Initiative (ASI) announced yesterday the certification of German automaker BMW AG’s light metal foundry at Landshut, Germany against its Performance Standard for material stewardship. In a related press release, ASI says the certification recognizes the plant’s responsible production, sourcing, and stewardship of aluminium, especially as it relates to material stewardship. Among the […]

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Aluminij Mostar’s Management Resigns As Funding Deal Falls Through

Aluminij Mostar’s Management Resigns As Funding Deal Falls Through

Citing the insufficiency of an offer tendered by the lone investor with an interest in funding a restart of the plant, the entirety of Aluminij d.d. Mostar’s management resigned on Tuesday, leaving the fate of Bosnia’s only aluminium smelter in question. On Monday, Aluminij Mostar’s management released a statement saying the offer from Israeli M.T […]

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