Century’s Grundartangi Aluminium Smelter Inks New Power Agreement With Landsvirkjun
Chicago-based aluminium smelter Century Aluminum announced this week that its subsidiary Norðurál Grundartangi ehf has come to an agreement with...
Europe
Norsk Hydro Roars Back With Strong Q2 2021 Earnings
Norwegian aluminium firm Norsk Hydro ASA released results for the second quarter of 2021 yesterday. Numbers for the quarter generally reflected the improved market for aluminium, with financial markers exceeding both the prior quarter and the prior year. In the year’s second...
Altech Opens R&D Facility And Offices In Germany
Australian innovator Altech Chemicals Ltd. and its subsidiary Altech Industries Germany GmbH (AIG) announced last week the opening of an...
Ball Corporation To Expand Aluminium Packaging Production In United Kingdom, Russia
Colorado’s Ball Corporation said late last week it plans to increase aluminium packaging production at its operations in Russia and...
Events
CANPACK Joins Aluminium Stewardship Initiative
Trade group Aluminium Stewardship Initiative welcomed Poland’s aluminium can producer CANPACK S.A. into the fold last week as an Industrial User member, becoming ASI’s 178th member organization. The firm is the main entity of CANPACK Group which is in turn a subsidiary of Giorgi Global Holdings Inc. The company was founded in Krakow in 1992, […]
KPS Capital Buys Aluminium Extruders Metra And Profile
KPS Capital Partners, LP announced this week the completion of its acquisition of extruded aluminium firms Metra Holding S.p.A., Metra S.p.A., and Profile Custom Extrusions, LLC. KPS said in a press release that it intends to merge Metra and Profile into a single entity that will operate in both Europe and North America. Metra specializes […]
Alro Receives €167 MM Loan From EXIM Bank To Maintain Operations
Romanian aluminium company Alro SA (Alro Slatina) said on Wednesday that it has received a loan of €167 million from Romania’s EXIM Bank to cover the plant’s ongoing operations. Local media said the firm made the announcement in a filing to the Bucharest Stock Exchange. Alro CEO Gheorghe Dobra said in the announcement that he […]
Rusal To Supply Low-Carbon Aluminium To Aluminium Rheinfelden
Russian aluminium titan UC Rusal announced this week that it will supply its low-carbon aluminium to Germany’s Aluminium Rheinfelden, with shipments beginning as soon as next month. Rusal said in a press release that it will supply Aluminium Rheinfelden its ALLOW low-carbon brand of aluminium. ALLOW emits approximately one third the amount of carbon as […]
Rhenmetall Inks LoI For €22 MM In Aluminium Piston Sales To North American Automotive Buyer
German metals firm Rheinmetall AG announced last week a new €22 million deal for aluminium pistons destined for the North American auto market. Specifying the buyer as only “a well-known carmaker,” Rheinmetall said it signed a letter of intent with the unnamed buyer to develop and produce customized aluminium pistons. The pistons would be part […]
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 ...
