EGA Inks US$750 Million Funding Deal For Guinea Bauxite Mine Project
Emirates Global Aluminium PJSC (EGA) revealed on Tuesday that its wholly-owned subsidiary Guinea Alumina Corporation (GAC) closed a US$750-million financing...
Asia
Press Metal Inks Deal To Buy 25% Stake In PT Bintan Alumina Indonesia
Southeast Asia’s biggest aluminium smelter Press Metal Aluminium Holdings Bhd came to an agreement to purchase a 25-percent share in PT Bintan Alumina Indonesia last week. According to press reports, the agreement took the form of a Memorandum of Understanding, with details...
China Planned Aluminium Scrap Ban Concerns India’s Aluminium Smelters
Restrictions soon to fall into place on scrap aluminium imported into the People’s Republic of China has aluminium producers in...
Elevated Aluminium Imports Continue To Threaten India’s Domestic Producers: AAI
Earlier this week The Aluminium Association of India (AAI) delivered a letter to its government lamenting the elevated import levels...
Events
EGA Commissions Spent Pot Lining Pre-Treatment Plant At Al Taweela
Emirates Global Aluminium PJSC (EGA) announced yesterday the start-up of its AED15 million (US$4.1 million) pre-treatment and spent pot lining facility at its plant at Al Taweelah. The facility is part of a nine-year project undertaken by EGA to discover alternative uses to spent pot lining. The firm has already claimed the top spot as […]
Hindalco To Push Value-Added Aluminium Sales To 1 Million MTPA: Pai
Indian aluminium producer Hindalco expects to spend ₹26 billion (US$370 million) in capital expenditures over the course of the current year, most of which will be devoted to speeding expansion operations at its Utkal alumina refinery and as part of its five-year push to double its value-added production. Such was the message of Hindalco’s managing […]
Aluminium Industry Organization Says Trump Administration Metals Sanctions Won’t Slow Iran’s Exports To Neighbors
Sanctions laid upon Iran’s aluminium and steel sector will not interrupt exports from the country’s producers to its neighbors. Such was the message conveyed by the secretary of the Iran Aluminum Industries Syndicate Abolfazl Rezaiee to domestic media on Sunday. “Afghanistan, Turkey and Iraq are our major exports destinations for aluminum and the recent US-led […]
Trump Administration Issues Sanctions Against Iran Aluminium Exports
In response to Iran’s announcement that it will ease self-imposed restrictions on its nuclear weapons program, the Trump Administration on Wednesday announced a new round of sanctions on the Persian state that were designed to hamper revenue it derives from exports of aluminium and other industrial metals. Citing a Clinton-era executive order and pointing to […]
Altech Raises First Steel On High-Purity Alumina Plant Site
Australian innovator Altech Chemicals Ltd. reached another milestone in the construction of its high-purity alumina (HPA) plant in Johor with the raising of the first construction steel at the site. Following a South African custom known as Opstaan Yster, or “stand-up of iron,” Altech marked the occasion on Friday with a ceremony and celebration. 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 old tradition, a one-day field trip for conference delegates was organized to the Aluminium of Greece (AoG) plant, some 180 km from ...
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 ...
Electric Vehicles (EVs): outlook for sales and aluminium demand
After last year’s electric vehicles (EVs) sales increase of 72% year/year, to 2.02 million, this year’s growth is expected to ...
Are Things Finally Looking Up For The Aluminium Market?
Base metals prices recovered sharply in the first half of September, after a seasonal slump in August, as investors and ...
