Asia

Vedanta Plans US$300 MM In Capital Expenditures In Current Fiscal Year

Vedanta Plans US$300 MM In Capital Expenditures In Current Fiscal Year

India’s premier aluminium smelter Vedanta Ltd. plans to spend US$300 million during the current fiscal year. This is according to comments made to domestic media by Vedanta Aluminium’s Chief Executive Officer Ajay Kapur last week. “Our most significant expansion will be at...

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Events

EGA’s Al Taweela Refinery Produces Near-Capacity 1.92 MMT Of Alumina In 2020

EGA’s Al Taweela Refinery Produces Near-Capacity 1.92 MMT Of Alumina In 2020

Emirates Global Aluminium PJSC (EGA) reported financial and operating results for the full year of 2020 earlier this week. Despite the global market struggling under the effects of coronavirus, the firm’s numbers were generally strong for the year. For the full year, EGA reported an adjusted EBITDA of US$1.13 billion, up by 63 percent on […]

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Metso Outotec Inks €13 MM Contract For Twin Flash Evaporation Alumina Plants With NALCO

Metso Outotec Inks €13 MM Contract For Twin Flash Evaporation Alumina Plants With NALCO

Finnish mining operations and technology firm Metso Outotec announced last week a €13-million contract with India’s National Aluminium Company (NALCO) to deliver two 170 t/h Bayer-process flash evaporation plants to its plant in northern India. Metso Outotec will deliver the twin flash evaporation plants to Damanjodi Alumina Refinery in Odisha. The plants employ cutting-edge technology […]

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Rusal Inks Supply Agreement With Auto Parts Maker Kosei On Low-Carbon Aluminium

Rusal Inks Supply Agreement With Auto Parts Maker Kosei On Low-Carbon Aluminium

Russian Federation aluminium titan UC Rusal announced earlier this week its selection by global wheel and automotive component maker Kosei to be its global supplier of high-quality aluminium alloys. Rusal says it will be selling its proprietary low-carbon aluminium ALLOW to Kosei. ALLOW emits roughly 2.4 metric tons of CO2 per metric ton of metal […]

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Alba’s Bottom Line Jumps By 81 Percent In 2020 To US$25.9 MM

Alba’s Bottom Line Jumps By 81 Percent In 2020 To US$25.9 MM

Aluminium Bahrain B.S.C. (Alba) released results for the final quarter and full year of 2020 last week. Financial numbers were generally up in both periods despite the global pandemic and its effect upon the aluminium sector. In the fourth quarter of 2020 Alba turned a profit of US$85.1 million, better by 132 percent on the […]

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EGA Fires Up Cutting-Edge Gas Turbine At Jebel Ali

EGA Fires Up Cutting-Edge Gas Turbine At Jebel Ali

A joint venture between Emirates Global Aluminium (EGA) and Mubadala and Dubal Holding spun up a new gas turbine for the first time at the site of its under-construction power plant at the Jebel Ali operations. The power plant, which will be operated by JA Power & Water Co, started the Siemens Energy H-class gas […]

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