Business

Altech Executes Land Purchase Option For Second HPA Plant In Germany

Altech Executes Land Purchase Option For Second HPA Plant In Germany

Australian innovator Altech Chemicals Ltd. announced yesterday its decision to execute the option to purchase a 25-acre tract in Germany ostensibly for building a second high-purity alumina (HPA) plant on the site. Per the firm, the site at the Schwarze Pump Industrial...

Rio Tinto Begins Shutdown Of New Zealand Aluminium Smelters

Anglo-Australian mining giant Rio Tinto Group said yesterday it will be winding down production operations at New Zealand Aluminium Smelters (NZAS) due to the firm’s dim predictions of its continuing viability. According to the firm, a recent review found the operation of the plant wouldn’t likely make a profit in the near future due to […]

Stage Two Of Construction Of Altech’s High-Purity Alumina Plant Completed

Australian innovator Altech Chemicals Ltd. updated investors on the progress of construction at its high-purity alumina (HPA) plant in Johor Bahru, Malaysia yesterday, announcing that Stage 2 construction is now complete. Per the firm, construction restarted in June after a pause occasioned by the worldwide coronavirus pandemic and the Malaysian government’s movement control order in […]

Alcoa’s Preliminary Q2 Numbers Impacted By Coronavirus Woes

Pittsburgh aluminium pioneer Alcoa Corporation released preliminary results for the year’s second quarter on Wednesday, showing stability and productivity despite challenges presented by the ongoing global pandemic. Alcoa’s preliminary revenue for the second quarter totaled between US$2,100 million and US$2,175 million, down from the prior quarter’s total of US$2,381 million and off on the year […]

Metro’s Production Numbers For Q2 Exceed Expectations In Face Of Coronavirus

Australia’s Metro Mining Ltd. released production results for the year’s second quarter yesterday, noting that the just-ended term’s production was well above the firm’s expectations going into April. During the second quarter, production grew by leaps and bounds as time went on. In April Metro mined 415 thousand wet metric tons (WMT) of bauxite ore, […]