Altech Receives State Invitation To Locate Next High-Purity Alumina Plant In Saxony
Australian innovator Altech Chemicals Ltd. said yesterday it has been invited by the government of the German state of Saxony...
Europe
Norsk Hydro Announces Company-Wide Restructuring
Norwegian aluminium giant Norsk Hydro ASA said yesterday it will soon implement a plan to increase returns and cash flow via a wide-ranging effort at improving and restructuring its business areas, all while emphasizing sustainability in its business practices. The plan, which...
CANPACK Plans Aluminium Beverage Can Plant For Western Czech Republic
Polish metal packaging firm CANPACK Group announced earlier this week an expansion into the Czech Republic of its operations that...
“Production Disturbances” Lead To Drop In Third Quarter Sales Volumes For Gränges
Swedish rolled aluminium firm Gränges AB advised the market yesterday of an unplanned drop in sales volumes due to unplanned...
Events
Norsk Hydro Agrees To Sell Romanian Extrusion Plant To Austrian Firm For Undisclosed Sum
Norwegian aluminium producer Norsk Hydro ASA yesterday announced the signing of an agreement with Austrian firm Hammerer Aluminium Industries (HAI) to sell Romanian extrusion plant Hydro Extrusion SRL. Terms of the transaction were not released, but Hydro indicated that the sale would likely be complete by year’s end. Hydro indicated that the decision to sell […]
En+ Group Joins Business Ambition for 1.5°C Movement
Russian aluminium behemoth U.C. Rusal’s parent company En+ Group IPJSC announced yesterday its intention to reach certain science-based emission reduction targets (SBTi) in order to contribute to the global movement to establish a global net-zero carbon economy. In joining the Business Ambition for 1.5°C movement, En+ says it is responding by continuing calls to action […]
Norsk Hydro To Slim Down Rolled Products Segment Via Aluminium Foil Capacity Closure, Layoffs
Norwegian aluminium producer Norsk Hydro ASA announced the launch of a top-to-bottom restructuring of its rolled product business, which it says will include shuttering production in some locations and laying off personnel. According to a press release, Hydro says the restructuring will include closure of a portion of the aluminium foil capacity at the Grevenbroich […]
TRIMET Aluminium Joins Aluminium Stewardship Initiative
The Aluminium Stewardship Initiative (ASI) announced Monday the addition of German recycling firm TRIMET Aluminium SE to its ranks. With TRIMET’s addition as a Production & Tranformation member, the ASI’s total membership rises to 98. Philipp Schlüter, TRIMET Aluminium SE’s CEO, said his firm is eager to join ASI due to its focus on sustainable […]
Rio Tinto Takes Liberty Group To Arbitration Over Final Payment On Dunkerque Smelter Deal
Anglo-Australian mining giant Rio Tinto Group is taking GFG Alliance to arbitration after the firm said Sanjeev Gupta’s company has yet to make the final payment for the purchase of Rio Tinto’s Dunkerque aluminium smelter. “Rio Tinto confirms it has triggered an arbitration process in relation to the sale of the Dunkerque aluminium smelter, France, […]
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 and industry experts from all over the world to hear and exchange information on latest developments related to base metals and their ...
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 ...
International Aluminium 2019 Conference – Key Takeaways
The FastmaketsMB aluminium conference is the sequel to the Metal Bulletin aluminium conferences, which have traditionally been one of oldest ...
