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...
Business
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...
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...
Alcoa To Permanently Close Shuttered Alumina Refinery At Port Comfort
Pittsburgh aluminium pioneer Alcoa Corporation announced plans on Monday to permanently close its alumina refinery at Port Comfort, Texas. Alcoa...
Events
ABx Lands Full Funding Of Binjour Bauxite Project In Deal With Rawmin
Australian Bauxite Limited (ABx) yesterday announced the full funding of mining operations at the Binjour Bauxite Project in Queensland. Per the firm, the project achieved full funding thanks to a commitment by India’s Rawmin Mining. Per the agreement, the project will be funded prior to production and the firm will have a 50-percent joint venture […]
Bauxite Mining In Ghana’s Atewa Forest To Be Done In Environmentally Responsible Manner: Akufo-Addo
Ghanaian President Nana Akufo-Addo said late last week that bauxite mining in the Atewa Forest will go forward despite objections from some quarters that such activity may threaten the flora and fauna of the wildlife preserve. Speaking to journalists on Friday, Akufo-Addo said that investors and mining partners for the project will be revealed early […]
USMCA’s Success Requires Strong Enforcement: Aluminum Association
The Aluminum Association lauded the work done so far by Commerce Secretary Wilbur Ross, White House Director of Trade and Manufacturing Policy Peter Navarro, and various members of Congress in working to achieve the ratification of the new U.S-Mexico-Canada Agreement (USMCA) last week. However, the Association warned that the new agreement would require effective enforcement, […]
Facing Tight Supplies, China’s Secondary Aluminium Producers Boosted Operating Rates In November
Despite difficulties with obtaining raw materials in some sectors, total aluminium production in the People’s Republic of China spiked last month, largely in response to increased demand from automakers. Per a survey of producers conducted by Shanghai Metals Market (SMM), operating rates for secondary aluminium producers rose to 62.57 percent last month, which was an […]
Norsk Hydro Enters Into US$1.6 Billion Sustainability-Linked Revolving Credit Facility
Norwegian aluminium giant Norsk Hydro ASA announced yesterday the signing of a new, US$1.6 billion revolving multi-currency credit facility with margins linked to the firm’s greenhouse gas emissions target. Per the firm, the new credit facility will be used for general corporate purposes. It features a tenor of five years, with two one-year options to […]
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 and industry experts from all over the world to hear and exchange information on latest developments related to base metals and their ...
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 ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
International Aluminium 2019 Conference – Key Takeaways
The FastmaketsMB aluminium conference is the sequel to the Metal Bulletin aluminium conferences, which have traditionally been one of oldest ...
