Business

Gränges Enters Into Two New Sustainability-Linked Credit Facility Agreements

Gränges Enters Into Two New Sustainability-Linked Credit Facility Agreements

Swedish rolled aluminium firm Gränges AB announced this week that it has entered into two new credit facility agreements, both of which are linked to sustainability goals. One new credit agreement is for SEK3,500 million and a tenor of three years. The...

Events

Rusal Sets Climate Goals for 2032 and 2050

Russian aluminium giant UC Rusal announced this week the passage of new climate goals for the coming years and decades through the middle of this century. Rusal’s board of directors approved the new Climate Strategy at its latest meeting in Krasnoyarsk. The company’s new climate strategy is based on two scenarios, namely the basic scenario […]

Aluminium Imports Into China Fall In November As Smelters Increase Production

Imports of aluminium into the People’s Republic of China fell by 35.7 percent on the year in November, while its domestic aluminium output rose by 9.4 percent from last year’s November total. November saw 255,744 metric tons of aluminium arrive on China’s shores according to newly-released data from the General Administration of Customs, better by […]

Norsk Hydro Teams Up With Mercedes-Benz On Low-Carbon Technology Roadmap

Norway’s aluminium titan Norsk Hydro ASA has been chosen by Mercedes-Benz to collaborate on a common low-carbon technology roadmap beginning next year and running through the end of this decade. Hydro said the two firms will work on a joint-technology roadmap to develop aluminium solutions for the automotive sector that will have a CO2 footprint […]

Aluminium Stewardship Initiative Certifies Real Alloy Facilities In Michigan And Ohio

The Aluminium Stewardship Initiative (ASI) announced this week the certification of American aluminium scrap recycler Real Alloy’s facilities in Michigan and Ohio under its ASI Performance Standard V2 (2017) and Chain of Custody (CoC) Standard V1 (2017) Certifications. The ASI certified Real Alloy’s aluminium scrap recycling at its Coldwater South plant, and for the production […]