Alba’s Profit Jumped By Over 800 Percent To US$138.8 MM In The First Quarter
Aluminium Bahrain B.S.C. (Alba) announced financial results for the first quarter of 2021 this week. The firm got help with...
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...
Aluminium Bahrain B.S.C. (Alba) announced financial results for the first quarter of 2021 this week. The firm got help with...
Emirates Global Aluminium PJSC (EGA) announced last week the start-up of the first section of an expansion to its aluminium...
Aluminium Bahrain B.S.C. (Alba) announced this week that it has been certified by the International Organization for Standardization under the...
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 […]
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 […]
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 […]
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 […]
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 […]
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 ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...