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...
Asia
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...
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...
Hindalco Purchases Kuppam Aluminium Extrusion Plant From Norsk Hydro For US$33 MM
Norway aluminium producer Norsk Hydro ASA has agreed to sell its Kuppam extrusion plant to Hindalco for US$33 million according...
Events
Alba Opens US$37.5 MM Spent Pot Lining Treatment Plant
Earlier this month Aluminium Bahrain B.S.C. (Alba) inaugurated its Spent Pot Lining (SPL) Treatment Plant, which is part of the firm’s US$37.5 million zero-waste plant. The 26,000 square meter is the first of its kind in the Middle East. Construction began at the end of 2019 and was completed on schedule despite challenges posed by […]
EGA Inks Bauxite Supply Agreement With Bosai Minerals Group
Emirates Global Aluminium PJSC (EGA) announced this week the signing of a three-year agreement with China’s Bosai Minerals Group to supply the firm with bauxite ore from its operations in the West African state of Guinea. EGA did not give specific details of the agreement, indicating only that it would supply “several million tonnes” of […]
Emirates Global Aluminium And GE To Explore Switching Gas Turbines To Hydrogen
In an effort at culling greenhouse gas emissions from its aluminium smelting operations, Emirates Global Aluminium PJSC (EGA) announced over the weekend a Memorandum of Intent with GE Gas Power to convert EGA’s natural gas turbines to hydrogen-powered generators. In addition, the MoI also contemplates continued investigation into carbon capture, utilization, and storage at the […]
Mitsubishi Materials Sells U.S. Aluminium Business To Apollo Global Mgmt For Undisclosed Sum
Earlier this week Mitsubishi Materials Corp announced the sale of its aluminium business to American investment fund Apollo Global Management. The sale amount was not disclosed to the public at that time. In a statement released to the press, Mitsubishi said that it was unable to find synergies with its other business areas, including copper […]
EGA Joins National Partnership Aimed At Doubling Its Impact On The Domestic Economy By 2040
Emirates Global Aluminium PJSC (EGA) announced this week that it will participate in the United Arab Emirates’ Ministry of Industry & Advanced Technology’s (MoIAT) in-country value (ICV) program as part of a push to double its impact upon the country’s economy by 2040. Representatives from EGA met with ministers from the UAE’s Ministry of Industry […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
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 ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
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 ...
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 ...
