Asia

India’s Aluminium Industry Calls Upon Government To Cut Duties On Raw Materials

India’s Aluminium Industry Calls Upon Government To Cut Duties On Raw Materials

Last week India’s aluminium industry called upon New Delhi to cut basic customs duties on aluminium fluoride and other raw materials necessary for aluminium production, as such duties make it all but impossible for domestic producers to compete in the global marketplace....

Events

EGA Refines One Millionth Metric Ton Of Alumina At Al Taweelah Refinery

Emirates Global Aluminium PJSC (EGA) marked a significant milestone this week, noting the one millionth ton of alumina refined at the Al Taweelah alumina refinery since operations began at the site in April. In a press release, the firm said its US$3.3 billion alumina refinery has yet to reach production at its nameplate capacity, as […]

Nalco Mulling Return To Long-Term Sales Contracts For Surplus Alumina

Citing a fall in global alumina prices, India’s state-run aluminium firm National Aluminium Company Ltd (Nalco) said late last week that it will reboot its strategy regarding sales of the aluminium precursor, with a return to long-term contracts likely. Up until recently the firm has been selling spare alumina on the spot market in an […]

Alba Refinances US$1.5 Billion Loan Facility Funding Line 6 Expansion Project

Aluminium Bahrain B.S.C. announced yesterday the successful refinancing of a US$1.5 billion syndicated loan facility that the firm has been using to fund the Line 6 Expansion Project. Per the firm, the new terms of the facility give it an 8-year tenor with 16 semi-annual payments and a 6-month grace period for each payment. The […]