Constellium Achieves Highest Sustainability Rating From EcoVadis For Second Straight Year
European value-added aluminium firm Constellium NV announced this week that it is the recipient of the Platinum rating from business...
Europe
Altech Inks Construction Contract For Its Specialty Battery Anode Plant In Germany
Australian innovator Altech Chemicals Ltd. said that it has signed a final construction contract for the anode pilot plant in Schwarze Pump in Saxony, Germany with the domestic engineering firm of Küttner GmbH & Co. KG (Küttner). Altech says Küttner already has...
Gränges Debuts New Low-Carbon Aluminium Line Endure
Swedish rolled aluminium firm Gränges AB this week announced the launch of its new sustainable aluminium brand Endure, which is...
Gränges Joins SBTi With Commitment To Climate Neutrality By 2040
Swedish rolled aluminium firm Gränges AB announced this week that it has set as its goal to become climate neutral...
Events
London Metal Exchange Mandates Reporting Of Over The Counter Trades To Prevent Price Spikes
In an effort at combating the unexpected spike in nickel prices earlier this year, the London Metal Exchange said yesterday it will require its members to report over the counter (OTC) trades going forward. In a statement released Friday, the LME said the move will foster more transparency in the process. “This […] will improve […]
Alcoa Plans US$51 MM In Capacity Upgrade At Mosjøen Aluminium Smelter
Pittsburgh aluminium pioneer Alcoa Corporation announced this week a plan to invest US$51 million at its Mosjøen aluminium smelter in Norway that will boost production capacity at the plant by 14 thousand metric tons per annum. Alcoa says the improvements to boost capacity at the plant, which currently has a nameplate capacity of 200 thousand […]
AIP Claims Ownership Of GFG Alliance’s Duffel Aluminium Rolling Plant In Belgium
An investment firm in a legal battle with Sanjeev Gupta’s GFG Alliance said this week that it is now the owner of the biggest aluminium smelter on the European continent. American Industrial Partners said that GFG Alliance’s default on its debt with them means now they are the titleholders to the smelter in Duffel, Belgium. […]
Britannia Global Markets To Exit London Metal Exchange
The London Metal Exchange is losing a Category 2 member in a week, as Britannia Global Markets plans to exit on 20 June, citing a change in trading strategy. The Britannia Financial Group subsidiary trades primarily in nickel, which doubled to $100,000 per metric ton in only a few hours last week. The drastic move […]
Alcoa Inks Deal With Hellenic Cables To Supply Low-Carbon Aluminium
Pittsburgh aluminium pioneer Alcoa Corporation announced last week an agreement to supply its proprietary low-carbon aluminium to European cable producer Hellenic Cables S.A. Alcoa has agreed to supply Hellenic Cables, which is a subsidiary of Cenergy Holdings, with its low-carbon EcoLum aluminium as an alternative to copper, which has superior conductivity, mechanical properties, and durability. […]
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 ...
