Mitsubishi Materials Sells U.S. Aluminium Business To Apollo Global Mgmt For Undisclosed Sum
Earlier this week Mitsubishi Materials Corp announced the sale of its aluminium business to American investment fund Apollo Global Management....
Market Selection
European Aluminium Calls Upon Continent’s Governments For Cooperation On Sustainability Goals
Brussels trade group European Aluminium Association released its plan for sustainability in the continent’s aluminium sector earlier this week. The plan aligns with the recently-established global goals for sustainable economic production set out by international treaties and the United Nations. Noting the...
EGA Joins National Partnership Aimed At Doubling Its Impact On The Domestic Economy By 2040
Emirates Global Aluminium PJSC (EGA) announced this week that it will participate in the United Arab Emirates’ Ministry of Industry...
ABx Finds Even Higher Concentration of Rare Earth Elements At Deep Leads Bauxite Project
Australian Bauxite Limited (ABx) announced this week yet another record high result in its testing for Rare Earth Elements (REE)...
Events
Evtec Takes On GFG Alliance Subsidiary Liberty Aluminium Technologies Upon Jaguar Land Rover’s Urging
GFG Alliance sold off two aluminium parts factories last week and will be closing a third after Jaguar Land Rover asked a third party to step in and secure its aluminium parts supply from those plants. Coventry, England’s Evtec has agreed to taking on those sites after JLR’s invitation to do the same. It will […]
Alba Chair Hails “Game Changing” Line 6 Aluminium Smelting Capacity Increase On Two-Year Anniversary
Aluminium Bahrain B.S.C. (Alba) said the newly-commissioned aluminium smelting capacity at its Reduction Line 6 is a “game changer” for the now-largest aluminium producer outside of the People’s Republic of China last week. During a visit by the chairman of the board Shaikh Daij bin Salman bin Daij Al Khalifa last Thursday, the chair commented […]
Vedanta Projects India’s Aluminium Output To Reach 5 Million MTPA Within 5 Years
Aluminium production from India could rise by up to 25 percent over the next four to five years, which would see the country’s smelters combine to produce over 5 million metric tons per annum by mid-decade. Such was the message delivered by an executive at Vedanta Ltd last week. Vedanta’s director of commodities for the […]
Norsk Hydro Plans New Aluminium Recycling Plant For Southwest Michigan
Norwegian aluminium firm Norsk Hydro ASA announced this week its intention to build a state-of-the-art aluminium recycling plant in Cassopolis, Michigan. The plant is expected to have a nameplate capacity of 120 thousand metric tons of recycled aluminium per annum and employ around 70 workers. Hydro says the plant will produce its low-carbon CIRCAL line […]
Rio Tinto To Install 16 New Low-Carbon Aluminium Smelting Pots At Quebec Smelter
Anglo-Australian mining giant Rio Tinto Group will invest US$87 million at its Saguenay-Lac-Saint-Jean aluminium smelter to boost its low-carbon aluminium output. The investment will come in the form of sixteen new low-carbon aluminium smelting cells at the AP60 smelter. The sixteen new cells will boost the plant’s nameplate capacity by 26.5 thousand metric tons per […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
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 ...
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 ...
