Century Aluminum Inks Power Contract With Santee Cooper For Mt. Holly Aluminium Smelter
American aluminium smelter Century Aluminum said on Thursday that its subsidiary Century Aluminum of South Carolina (CASC) has finalized a...
Business
Alcoa To Provide Low- And Zero-Carbon Aluminium For Audi Electric Vehicle Wheels
Pittsburgh aluminium pioneer Alcoa Corporation announced last week that it has been chose by German automaker Audi AG to supply sustainable aluminium wheels for its e-tron GT electric vehicle. Alcoa said it will be supplying low-carbon aluminium to RONAL Group, who will...
Gränges To Invest US$33 MM To Add Capacity To Huntington Aluminium Rolling Mill
Swedish rolled aluminium firm Gränges AB announced yesterday an investment of US$33 million at its operations in Huntington, Tennessee to...
S.A. Damm Becomes First Beverage Firm Certified By ASI
The Aluminium Stewardship Initiative (ASI) announced this week the certification of beverage firm S.A. Damm’s two beer breweries against both...
Events
Chalco’s Net Income Falls By Over 13 Percent In 2020
State-run Aluminum Corp of China Ltd released financial results for 2020 earlier this week, posting the lowest annual profit since 2016. According to a filing by the firm, Chalco’s net income totaled CNY741 million last year, down by 13.1 percent on the year. Over CNY1.4 billion in impairment charges dropped the firm’s income to a […]
Mitsubishi To Buy 30 Percent Stake In Glencore’s Aurukun Bauxite Project
Japanese conglomerate Mitsubishi Corporation announced last week an agreement with Glencore plc to take a 30-percent share of the latter’s Aurukun Bauxite Project in Australia. No price terms were given by either party at the time of announcement. Though Mitsubishi currently has interests in the aluminium smelting and trading sector, the purchase will mark the […]
Norsk Hydro Plans Expansion Of Its On-Site Aluminium Recycling Program
Norwegian aluminium producer Norsk Hydro ASA announced last week its plans to expand a program of directly recycling aluminium from its plants, which it hopes will further reduce its low carbon footprint and increase production by allowing for use of post-consumer aluminium scrap as well. The initiative would enhance its already low carbon per unit […]
China Hongqiao To Release Carbon-Reduction Goals By Year’s End
The largest private-sector aluminium producer said last week that it plans to publish its targets for cutting carbon emissions along with a roadmap for achieving that end. China Hongqiao Group’s chairman Zhang Bo revealed at the China Development Forum that his firm was partnering with a number of top institutions around the world to establish […]
Deals With Government, Power Companies Provide Alcoa Australia A Five-Year Respite
Alcoa Australia’s future is secure for another five years after the firm struck deals with electrical providers and the state government that include lower power costs and a A$160 million (US$124 million) aid package. The deals with AGL Energy, Origin Energy, and Alinta Energy were for a term of five years, but details of the […]
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 businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
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 ...
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 ...
