EGA’s Greenhouse Gas Emissions 38 Percent Below Industry Average In 2019
Emirates Global Aluminium PJSC (EGA) published its third annual Sustainability Report this week. The report details the firm’s environmental, social,...
Asia
Alba Lauded For Region’s Best Investor Relations By MEIRA
Aluminium Bahrain B.S.C. (Alba) received a pair of prestigious awards late last month in recognition of its investor relations. In a virtual awards ceremony and conference held on September 22 and 23, Alba was named the Leading Corporate for Investor Relations in...
Alba Inks MoU With University Of Bahrain On Research Cooperation
Aluminium Bahrain B.S.C. (Alba) signed a Memorandum of Understanding with the University of Bahrain (UoB) last week aimed at increasing...
Alba Partners With CRU On Virtual Market Update Conference
Last week Aluminium Bahrain B.S.C. (Alba) hosted the first-of-its-kind virtual market update session for customers around the globe. The initiative...
Events
India To Begin Limiting Aluminium And Copper Imports From China And Other Asian Neighbors
Indian government and aluminium industry sources told Reuters earlier this week that the country is soon to begin monitoring aluminium and copper imports in an effort at containing the flow of both metals into its market from the People’s Republic of China and other Asian sources. Per the news service, anonymous sources within India’s government […]
Fourth Quarter Aluminium Premiums Rise For First Time In Five Quarters To US$88 Per MT
Hints of a recovery in demand for aluminium in Japan came in the form of a rise in contracts for fourth-quarter premiums, as a quartet of anonymous sources told Reuters that buyers have already agreed to pay US$88 per metric ton above LME prices. “We have agreed with a producer at $88 a tonne this […]
Supreme Court Orders Nalco To Sell Alumina To Vedanta
India’s National Aluminium Company (NALCO) was ordered by the country’s Supreme Court to deliver 30 thousand metric tons of metallurgical-grade calcined alumina to the Vedanta plant at Visakhapatnam, which Vedanta will ultimately use at its SEZ unit in Jharsuguda. To date, Nalco has been unwilling to ship its rival alumina from the supplies set aside […]
Hindalco Inks Agreement To Supply Red Mud To Indian Cement Firm UltraTech
Indian aluminium smelter Hindalco and India’s biggest cement and concrete firm UltraTech Cement Ltd. have entered into an agreement for Hindalco to supply 1.2 million metric tons of red mud to UltraTech’s 14 plants across India. Per the firm, red mud is rich in alumina, silica, and alkali, making it well suited to use in […]
Recycled Aluminium Energy Storage Firm To Establish Site In Abu Dhabi
A Swedish firm that utilizes recycled aluminium to store power has inked a deal with an Abu Dhabi renewable energy company and a local university to build a renewable energy storage site in Masdar City. Azelio said earlier this week that the partnership with Masdar and Khalifa University will complete the installation of the verification […]
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 ...
