Indian Government Approves Hindalco Plan For Second Alumina Refinery In Odisha
Indian aluminium smelter Hindalco obtained permission from the national government earlier this week for its planned greenfield alumina refinery in...
Asia
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....
Vedanta Pondering Purchase Of Government Stake In Two Co-Owned Mineral Firms
Anil Agarwal’s Vedanta Ltd. is considering buying a majority share in Bharat Petroleum Corporation Limited (BPCL) and the remaining share...
EGA Concludes Tech Parntership With Alba On Line 6 Project With Better Than Expected Results
Emirates Global Aluminium PJSC (EGA) announced yesterday the completion of an industrial technology export project with Aluminium Bahrain B.S.C. (Alba)...
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 […]
Alba Names Australia’s Regain As Technology Partner For Spent Pot Lining Treatment Plant
Aluminium Bahrain B.S.C. announced last week the signing of Australian firm Regain Materials as its technology partner for the creation of its Spent Pot Lining (SPL) Treatment Plant. Alba chose Regain to assist it in the development and construction of its US$44 million SPL plant in order to utilize its proprietary technology for repurposing and […]
Over One-Third Of LME’s Aluminium Stored In ISTIM’s Warehouses In Malaysia
According to data released by the London Metal Exchange earlier this week, the Malaysian warehouse facilities owned by ISTIM UK house over one third of its total aluminium stock as of the end of last month. Per LME’s numbers, ISTIM’s warehouses in Johor and Port Klang held a combined total of 476,846 metric tons by […]
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 […]
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 and industry experts from all over the world to hear and exchange information on latest developments related to base metals and their ...
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 ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
International Aluminium 2019 Conference – Key Takeaways
The FastmaketsMB aluminium conference is the sequel to the Metal Bulletin aluminium conferences, which have traditionally been one of oldest ...
