Asia

Indonesia To Halt Bauxite Exports By End Of 2022

Indonesia To Halt Bauxite Exports By End Of 2022

Indonesian president Joko Widodo said last week that the country will cease its exports of bauxite ore by year’s end and do the same with copper ore by the close of next year. In a bid to increase its downstream economy and...

Events

EGA Retires US$361 MM In Indebtedness Early In 2021

Emirates Global Aluminium PJSC (EGA) announced last week the full repayment ahead of schedule of the project finance facilities that funded its aluminium smelter at Al Taweelah in Abu Dhabi. EGA retired the debt to 13 export credit agencies totaling US$361 million that was negotiated by its subsidiary Emirates Aluminium. The instruments funded phases one […]

Indian Conglomerate Adani Group Plans Alumina Refinery And Aluminium Smelter

India’s Adani Group announced last week its intention to enter the aluminium sector with the building of an alumina refinery and an aluminium smelter in its home state of Gujarat. Adani subsidiary Adani Enterprises announced on Saturday the birth of another subsidiary to handle its foray into aluminium. Mundra Aluminium Limited was incorporated by the […]

Indonesia’s PT Adaro Plans US$728 MM Aluminium Smelter For North Kalimantan

Indonesian coal company PT Adaro Energy announced last week its plans for a US$728 million aluminium smelting plant on the island of Borneo. The firm said in a statement that subsidiary PT Adaro Aluminium Indonesia signed a letter of intent on the project, which it has agreed to build in the Green Industrial Park Indonesia […]

Vedanta Debuts New High-Speed Aluminium Billet For Extrusion Market

India’s biggest aluminium producer Vedanta Ltd. debuted this week special “high-speed” aluminium billet customized for use in aluminium extrusions in an online event attended by downstream and other value-added aluminium stakeholders. Vedanta said its new line of aluminium billet is capable of increasing the speed of extruding aluminium by 25 percent. The firm utilized several […]