Alba Inks MoU With Hangzhou Jinjiang On Alumina Feedstock Supply
Aluminium Bahrain B.S.C. (Alba) announced last week the signing of a memorandum of understanding with Chinese aluminium firm Hangzhou Jinjiang...
Asia
Hyundai Names Rusal Its Long-Term Supplier Of Sustainable Aluminium
Russian Federation aluminium behemoth UC Rusal announced last week that it has been chosen as Hyundai Sungwoo Holdings Co, Ltd.’s preferred long-term supplier of sustainable primary aluminium and aluminium alloys. Through Hyundai Sungwoo, Rusal will be supplying Hyundai Motors Group, which produces...
Alba Named Top Environmental, Social, And Governance Firm In Gulf Region
Aluminium Bahrain B.S.C. (Alba) said yesterday it has been named at the top of ESG Invest’s Environmental, Social and Governance...
South America’s First Aluminium Plant To Feature EGA Technology
Emirates Global Aluminium PJSC (EGA) announced last week an agreement with Colombian firm NEO Aluminio Colombia to provide its technological...
Events
Iran’s Aluminium Ingot Output Up By 69 Percent Over Last Seven Months
Aluminium output by producers in Iran has risen significantly since the beginning of the Iranian year, with more expected as newly constructed capacity comes online in the coming months. Since the beginning of the Iranian year on March 20, producers have churned out 247,335 tons of aluminium ingot, up by 69 percent on the year. […]
Norsk Hydro And Hindalco Less Than Pleased Over LME’s Proposed Low-Carbon Aluminium Trading Platform
A few of the world’s major aluminium producers are less than pleased with the London Metal Exchange with its move to provide a new trading platform for green aluminium. Such was the report after they recently went on record with financial media admitting to opposing the LME’s plans. In an article in Financial Times, executives […]
EGA Employee Suggestion Box Saves Firm AED60 Million So Far In 2020
Emirates Global Aluminium PJSC (EGA) said last week that its employee-led continuous improvement initiative has led to AED60 million (US$16.3 million) in savings for the firm for the year to date. The program, which is know as “Tamayaz,” was launched four years ago and has yielded several important safety and efficiency improvements at the plant. […]
COVID-19 Dims Alba’s Third Quarter Numbers
Aluminium Bahrain B.S.C. (Alba) announced results for the year’s third quarter and its first nine months yesterday, reporting numbers lower than usual due to the volatile global market that was upended due to the novel coronavirus pandemic. In the year’s third quarter Alba reported a net loss of BD11.6 million (US$31 million), reversing a net […]
Alba Extends Pact With Arabian Gulf University On Employee Training And Education
Aluminium Bahrain B.S.C. (Alba) said earlier this week that it has extended its partnership with Arabian Gulf University (AGU) to promote higher education. The Memorandum of Understanding between the two parties continues a multi-year agreement aimed at developing EGA’s human talent via higher education, specially-tailored training programs, and research on business management. Alba’s CEO Ali […]
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 businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
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 ...
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 ...
