Business

Constellium’s Singen Aluminium Casting And Rolling Plant Achieves ASI Chain of Custody Certification

Constellium’s Singen Aluminium Casting And Rolling Plant Achieves ASI Chain of Custody Certification

The Aluminium Stewardship Initiative (ASI) and Amsterdam rolled and extruded aluminium leader Constellium N.V. announced yesterday the certification of the latter’s casting and rolling plant in Singen, Germany to the former’s Chain of Custody standard. As one of Constellium’s largest sites, the...

Events

Nalco Mulling Return To Long-Term Sales Contracts For Surplus Alumina

Citing a fall in global alumina prices, India’s state-run aluminium firm National Aluminium Company Ltd (Nalco) said late last week that it will reboot its strategy regarding sales of the aluminium precursor, with a return to long-term contracts likely. Up until recently the firm has been selling spare alumina on the spot market in an […]

GFG Alliance Inks Deal To Buy Duffel Aluminium From Novelis

Sanjeev Gupta’s GFG Alliance said yesterday it has agreed to buy Novelis’s Duffel BVBA aluminium plant in Belgium for an undisclosed sum. Yesterday’s purchase of the Belgian mill is the latest in a series of aluminium and steel purchases by GFG in recent months and years. The firm purchased Europe’s biggest aluminium smelter in Dunkirk, […]

Apple Buys First Carbon-Free Aluminium From Alcoa-Rio Tinto Joint Venture Elysis

American technological company Apple Inc. announced earlier this week its inaugural purchase of carbon-free aluminium from Alcoa Corp and Rio Tinto Group joint venture Elysis. Apple says the initial purchase will ship later this month from Alcoa’s Pittsburgh research facility. The aluminium is destined for use in Apple products, though the firm declined to identify […]

Alba Refinances US$1.5 Billion Loan Facility Funding Line 6 Expansion Project

Aluminium Bahrain B.S.C. announced yesterday the successful refinancing of a US$1.5 billion syndicated loan facility that the firm has been using to fund the Line 6 Expansion Project. Per the firm, the new terms of the facility give it an 8-year tenor with 16 semi-annual payments and a 6-month grace period for each payment. The […]