GFG Alliance Groups Aluminium Assets Into Paris-Based Firm ALVANCE

GFG Alliance Groups Aluminium Assets Into Paris-Based Firm ALVANCE

Sanjeev Gupta’s GFG Alliance announced on Monday its decision to gather its aluminium assets into one Paris-based firm named ALVANCE Aluminium Group (ALVANCE). The announcement by the privately-held metals conglomerate is following through on an announcement it made last fall that its...


Aluminium Stewardship Initiative Certifies Bridnorth Aluminium Against ASI Performance Standard

The Aluminium Stewardship Initiative (ASI) yesterday announced the certification of Bridnorth Aluminium’s plant in Shropshire, United Kingdom to the ASI Performance Standard for responsible aluminium production. The newly-certified plant consists of casthouses, rolling mills, a pair of Litho Centres, a multi-slitting line, and finishing lines. In operation since 1933, the plant produces lithographic coils, foilstock, […]

M.T. Abraham To Pitch 15-Year Lease Agreement To Aluminij Mostar

Talks over the fate of Bosnian aluminium smelter Aluminij d.d. Mostar continue this week between the government and a Sino-Israeli consortium, but the recently laid-off workforce at the plant is reportedly not optimistic that such talks will yield a positive outcome. Aluminij management will continue to meet with representatives from the consortium, which is headed […]

Aluminij Mostar Management Lays Off Entire Labor Force

Only days after they announced their pending resignation, Aluminij d.d. Mostar’s management said the entirety of the plant’s remaining workforce will be laid off. On Tuesday domestic media reported upon the move, which will soon leave 362 workers jobless. Management went on to say that employees would have varied notice periods so that the plant […]

ASI Certifies BMW’s Landshut Plant Against Performance Standard For Materials Stewardship

The Aluminium Stewardship Initiative (ASI) announced yesterday the certification of German automaker BMW AG’s light metal foundry at Landshut, Germany against its Performance Standard for material stewardship. In a related press release, ASI says the certification recognizes the plant’s responsible production, sourcing, and stewardship of aluminium, especially as it relates to material stewardship. Among the […]

Aluminij Mostar’s Management Resigns As Funding Deal Falls Through

Citing the insufficiency of an offer tendered by the lone investor with an interest in funding a restart of the plant, the entirety of Aluminij d.d. Mostar’s management resigned on Tuesday, leaving the fate of Bosnia’s only aluminium smelter in question. On Monday, Aluminij Mostar’s management released a statement saying the offer from Israeli M.T […]