Europe

Raw Material Problems Prompt Shutdown Of One Potline At Rio Tinto’s Iceland Aluminium Smelter

Raw Material Problems Prompt Shutdown Of One Potline At Rio Tinto’s Iceland Aluminium Smelter

One of three potlines at Rio Tinto Group’s aluminium smelter at Hafnarfjörður has been idled due to a dearth of raw materials. Such was the announcement made to industry media on Tuesday. “Operations at the ISAL smelter have been impacted recently due...

Events

Ardagh Group And Exal Corp Form New Metal Packaging Joint Venture

Ireland’s metal and glass packaging supplier Ardagh Group announced yesterday the formation of Trivium Packaging, a new metal packaging joint venture with Ohio aluminium container producer Exal Corporation. Per Ardagh, Trivium will be a combination of its Food & Specialty Metal Packaging business with Exal, which is controlled by Ontario Teachers’ Pension Plan Board. The […]

EGA Notes Importance Of UAE Aluminium To European Automotive Sector At German Trade Show

Emirates Global Aluminium PJSC (EGA) reminded European automotive manufacturers of the importance of aluminium produced by smelters in the United Arab Emirates to the continent’s automotive sector at a trade event late last month in Germany. Presenting at the 14th International Foundry Trade Fair With Technical Forum (GIFA) in Düsseldorf, EGA noted its supplies agreements […]

Is Rio Tinto’s ISAL smelter a bargain or a smart investment?

At least three companies (including Swiss commodity trader Glencore and German Trimet Aluminium) have expressed interest in buying Rio Tinto’s aluminium assets in Iceland, Sweden and the Netherlands, priced at up to US$ 350 million, news agencies reported earlier this month. A source cited by Reuters mentioned that Liberty House is also interested in these […]

Aluminij D.D. Mostar Closes Its Doors As Bankruptcy Proceedings Begin

Despite overtures from Emirates Global Aluminuim PJSC and an infusion of cash from Glencore plc, Bosnian smelter Aluminij d.d. Mostar made the decision to shutter the plant and file for bankruptcy yesterday. Wire services reported that the plant was removed from the power grid just after midnight Wednesday morning due to the firm’s substantial outstanding […]

EGA, Glencore In Talks With Bosnian Government Over Struggling Aluminij Smelter

Talks are underway over the fate of Bosnian aluminium smelter Aluminij d.d. Mostar, as Emirates Global Aluminium PJSC and Glencore plc have both expressed interest to the Bosnian government regarding the formation of a strategic partnership with the struggling plant. According to domestic reportage, EGA is in the early stages of developing a plan for […]