Vedanta Aluminium Looking For Partnerships With Cement Producers On Low-Carbon Cement
Indian aluminium producer Vedanta Aluminium is searching for partnerships from cement producers to put to use its waste product to...
Asia
Vedanta Smelts Record Of 549k Tonnes Of Primary Aluminium In Latest Quarter
Indian aluminium and metals producer Vedanta Limited released results for the quarter ending on 30 June this week. The subsidiary of Vedanta Resources reported production and financial improvements across the board over the same time period in 2020. For the first fiscal...
EGA Begins Second Phase Of Al Taweelah Aluminium Smelter Expansion Ahead Of Schedule
Emirates Global Aluminium PJSC (EGA) announced this week that it has begun the second phase of the expansion of its...
Metso Outotec To Provide Bauxite Grinding Equipment For NALCO’s Damanjodi Alumina Refinery
India’s National Aluminium Company (NALCO) has chosen Finnish mining operations and technology firm Metso Outotec to engineer and deliver a...
Events
UAE’s Mubadala Buys 2.6-Percent Share In En+ Group
UAE’s state-owned investment company Mubadala Investment Company PJSC purchased a 2.6 percent share of aluminium giant U C Rusal’s parent company En+ Group last week for an undisclosed sum. Mubadala added the purchase to its existing 0.26 percent share. The investment firm said the move would augment its existing position in the Russian Federation. The […]
Sources Say EGA Seeking Refinance Of US$6 Billion Loan
Sources claiming knowledge of the situation told Reuters that Emirates Global Aluminium PJSC (EGA) is in talks with various financial institutions to renegotiate a US$6-billion loan it arranged in 2019. According to the sources, the talks involve enlarging the tenor and shrinking the pricing of the seven-year loan. The firm hopes to take advantage of […]
Alba Hosts Virtual ESG Week Focusing On Environmental Stewardship
Aluminium Bahrain B.S.C. (Alba) launched a campaign this week to promote and enhance its environmental, social, and governance (ESG) matters. The campaign is in conjunction with the Gulf Aluminium Council’s (GAC) ESG Week. The initiative, dubbed “Achieving the Balance,” was launched on Sunday and will be conducted virtually through Thursday. It will highlight Alba’s sustainability […]
Tsingshan Planning 1 MMTPA Aluminium Smelter In Indonesia
A new entrant to the People’s Republic of China’s aluminium sector is planning a 1 million metric ton per annum aluminium smelter for Indonesia. According to a report by CRU, Tsingshan Holding Group is planning to enter the field by building the new aluminium smelter in conjunction with Huafon Group. The firm operates an industrial […]
EGA’s New Corporate Purpose Emphasizes Innovation Across Aluminium Value Chain
Emirates Global Aluminium PJSC (EGA) announced on Monday a new purpose for the corporation as well as laying out a new mission for the firm going forward. EGA said in a press release that its new corporate purpose is Together, innovating aluminium to make modern life possible. To achieve that end, the firm tailored its […]
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 ...
