Aluminium Bahrian Closes Financial Books On Power Station 5 Block 4 Project
Aluminium Bahrain B.S.C. (Alba) announced this week that it has reached the financial close for the Power Station 5 Block...
Asia
EGA And ITOCHU Extend Cooperation On Specialty Aluminium Projects
Emirates Global Aluminium PJSC (EGA) signed an agreement with ITOCHU Corporation of Japan last week to explore collaboration on joint projects in the United Arab Emirates that will help the country further the aims of its Operation 300bn domestic industrial growth strategy....
EGA Renews Partnership With MIT On Aluminium Research And Development
Emirates Global Aluminium PJSC (EGA) renewed its ongoing partnership with the Massachusetts Institute of Technology (MIT) this week, adding nine...
India Metals Federation Lobbies Government For Bump In Aluminium Import Taxes
India’s mining community is appealing to the government for protection from market flooding of cheap aluminium and other metals from...
Events
Novelis Breaks Ground On US$50MM Aluminium Recycling Center In South Korea
Atlanta’s rolled aluminium firm Novelis Inc. began construction on a new US$50 million recycling center in the Republic of Korea (South Korea) this week. The groundbreaking at the construction site in Ulsan was attended by several officials from local government jurisdictions as well as representatives from Novelis. The recycling plant, which is being built by […]
Aluminium Bahrain Heads Meet Bechtel Brass To Discuss Proposed Line 7 Project
The head of Aluminium Bahrain B.S.C. (Alba) met with his peer at Bechtel last week to discuss a wide range of projects of mutual benefit to their firms. Meeting at Bahrain’s Ritz Carlton during the Gulf Aluminium Council Dinner was Alba chair Salman Al Khalifa; Alba’s CEO Ali Al Baqali; Bechtel president of Mining & […]
Emirates Global Aluminium An Important Part Of Abu Dhabi’s Localization: Economic Minister
Emirates Global Aluminium PJSC (EGA) hosted a visit by the Abu Dhabi Department of Economic Development (ADDED) Director General of Economic Affairs Sameh Al Qubaisi as he toured the company’s alumina and aluminium facilities at Al Taweelah. Company officials were on hand for the visit by Al Qubaisi and his entourage from ADDED as they […]
Emirates Global Aluminium Identifies Tens Of Millions Of Dollars In Potential Domestic Procurement
Emirates Global Aluminium PJSC (EGA) says it has identified tens of millions of dollars’ worth of yearly procurement of items bought overseas that it says can be manufactured in the UAE. The firm said this week that a wide range of items can be sourced locally, including general materials, industrial equipment, and spare parts. EGA […]
Japan Aluminium Premiums Drop By 33 Percent In Fourth Quarter
Fourth quarter aluminium prices in Japan took a tumble this week, as buyers are reporting a steep drop in premiums asked for and received in recent days. According to unidentified sources who spoke to Reuters this week, Japanese aluminium buyers have struck deals with at least two major producers to take delivery of primary aluminium […]
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 ...
