Scottish Liberal Democrats Criticize GFG’s Deal With Government For Lochaber Aluminium Smelter
The Scottish Liberal Democratic Party spoke out this week about Sanjeev Gupta’s deal with the government to keep the Lochaber...
Europe
Dunkirk Aluminium Smelter Standing Pat On Production Despite Relief From The Government
Europe’s largest aluminium smelter is not planning for further production cuts after the recently-begun 15 percent cut in aluminium output announced last week. Such was the message given by an Aluminium Dunkerque spokesperson on Friday. Per the spokesperson, the Dunkirk aluminium smelter...
Dunkirk Aluminium Smelter To Cut Production By 15 Percent Due To Jump In Energy Prices
The largest aluminium smelter in France is cutting production by 15 percent due to the continued rise of electric prices....
Alro Slatina’s Labor Force Rallies Against Aluminium Production Capacity Closure
The labor force at Romania’s Alro Slatina aluminium smelter rallied yesterday to protest against the plant’s management and their decision...
Events
Alro Acquires Vimetco Trading For Undisclosed Sum
Late last month Romanian aluminium company Alro SA (Alro Slatina) announced the acquisition of Vimetco PLC’s subsidiary Vimetco Trading SRL for an undisclosed sum. According to the relevant announcement, Alro paid “the assessed market value” for Vimetco Trading to Vimetco Management Romania. Alro consummated the purchase in order to take advantage of the synergies it […]
Hydro’s Slovalko Aluminium Smelter To Cut Capacity By 35 Thousand MTPA
Norwegian aluminium producer Norsk Hydro ASA announced this week that it will make deeper cuts to production at its primary aluminium plant in Slovakia due to sustained high prices for electricity. Slovalko’s board of directors made the decision to reduce production to 60 percent of the plant’s nameplate capacity as it estimated that the high […]
Alcoa To Curtail Aluminium Production At San Ciprián Until 2024
Pittsburgh aluminium pioneer Alcoa Corporation announced this week that it has come to an agreement with the labor force at San Ciprián aluminium smelter in Spain on a two-year closure of the plant in response to the jump in the cost of powering the plant in recent months and years. Per the firm, the plant […]
Uniprom To Shutter Production At Aluminium Plant Podgorica By Day’s End
The owner of the Aluminium Plant Podgorica (Kombinat Aluminijuma Podgorica a/k/a KAP) will be shuttering the plant by the end of the day today according to local media. Uniprom made the announcement on Sunday, when the plant had already been well underway in the shutdown process. Nebojsa Dozic, the General Manager of KAP elaborated on […]
Norsk Hydro To Invest NOK60 MM At Årdal Aluminium Smelter
Norway aluminium producer Norsk Hydro ASA announced this week NOK60 million (US$6.6 million) in improvements to Årdal aluminium smelter’s electrolysis cells aimed at improving efficiency, safety, and profitability at the plant. The firm said in a press release that improvements at the plant would commence next spring and will include upgrades to the next-generation cell […]
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 ...
