South32’s Aluminium Operations Take Hit in 2022 Due To Shipping Snarls

South32’s Aluminium Operations Take Hit in 2022 Due To Shipping Snarls

Australian metals miner South32 noted in a quarterly filing that its production of aluminium and other minerals were on par with expectations, but it saw an impact on working capital thanks to an inventory build-up due to shipping delays. The fourth quarter...


Emirates Global Aluminium Expects IPO By Coming Summer

An initial public offering (IPO) for Emirates Global Aluminium PJSC (EGA) may come as soon as this summer according to one of the firm’s major shareholders. Mubadala Investment Co. Chief Executive Officer Khaldoon Khalifa Al Mubarak said on the sidelines of the World Economic Forum meeting in Davos this week that the main hurdle would […]

ALCORE Receives First A$7.5 MM Payment In Grant For Aluminium Bath Recycling Plant

Australian Bauxite Limited (ABx) announced this week that its subsidiary ALCORE Limited received the first payment of a A$7.5 million grant from the Australian government’s Modern Manufacturing Initiative (MMI). The first payment of A$3.3 million will be used to fund the firm’s proposed A$16.4 million aluminium bath recycling plant, which it plans for construction at […]

China’s Aluminium Production Sets New Record High In 2022 As Imports Fall Off

Numbers released this week by Beijing show that the People’s Republic of China’s aluminium production rose to a new record high last year as imports of primary aluminium fell off steeply from the prior year’s total. In 2022, aluminium smelters in China bested the prior year’s production by 4.5 percent, setting the new record at […]

EGA Forms Aluminium Recycling Coalition

Emirates Global Aluminium PJSC (EGA) announced this week the formation of the Aluminium Recycling Coalition, a coalition intended to increase the rate of aluminium recycling in the United Arab Emirates. Among the members of the new coalition are Abu Dhabi Waste Management Company (Tadweer), Aujan Coca-Cola Beverages Company, Coca-Cola Al Ahlia Beverages Company, BEEAH Tandeef, […]