Asia

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

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...

EGA To Increase Premium Aluminium Sales To BMW

Emirates Global Aluminium PJSC (EGA) announced earlier this week its plans to substantially increase its supply to German automaker BMW for use in engine production. According to the firm, the agreement to supply premium aluminium to BMW, which began in 2013, has been extended through 2022 and will require a significant increase in supply. Neither […]

EGA Begins New Round Of Research Collaboration With MIT

Emirates Global Aluminium PJSC (EGA) began a new phase in its ongoing research partnership with the Massachusetts Institute of Technology (MIT) last week. The partnership, which began five years ago, features an eight-week visit by MIT Master’s and Ph.D. students from the David H. Koch School of Chemical Engineering Practice to EGA’s plants at Jebel […]

Malaysian Government To Begin Issuing Bauxite Mining Licenses By End Of January

The Malaysian government will begin to issue mining licenses to bauxite miners within the next three months according to a statement made by a federal minister today. Malaysia’s water, land and natural resources minister Xavier Jayakumar revealed to reporters at parliament earlier today that bauxite mining licenses would begin to be issued in December or […]

Alba Adds New Custom Fire Truck To Safety Vehicle Fleet

Aluminium Bahrain B.S.C. announced a new addition to its safety vehicles today as it added to the fleet a custom-made fire truck that features state-of-the-art fire-fighting equipment. The vehicle, which was produced by a United States company specifically for Alba, complies with international fire safety standards and Bahrain’s requirement that it be able to service […]

Alba Reports 53 Percent Bump In Gross Profit For Q3

Aluminium Bahrain B.S.C. reported financial results for the third quarter and opening three months of 2019 yesterday. A weak global market for aluminium notwithstanding, the firm reported increases in both sales and profit for the just-ended quarter. In the third quarter, Alba generated a Profit and Total Comprehensive Income of BD10.7 million (US$28.5 million), down […]