Rio Tinto Sells Lochaber Plant to SIMEC Group for US$410 MM
Anglo-Australian mining giant Rio Tinto announced yesterday that it had come to an agreement for the sale of its Lochaber...
Anglo-Australian mining giant Rio Tinto announced yesterday that it had come to an agreement for the sale of its Lochaber...
AMAG Austria Metall AG, the leading Austrian premium supplier of high-quality aluminium cast and flat rolled products, reported significant year-on-year...
Amsterdam aluminium extruder Constellium reported results for the third quarter of 2016 today. Though production numbers were similar year-on-year, the...
Although Europe’s economy is stagnant at present, demand for rolled aluminium is strong. So said Novelis Inc.’s senior vice president and Europe president Emilio Braghi in an interview during LMEs week. “For Europe, we’re seeing good demand in our key markets of can and automotive,” he went on. “This growth is driven by favorable material […]
Amsterdam’s Constellium N.V. announced the appointment of Peter R. Matt as as Executive Vice President and Chief Financial Officer of the firm yesterday. Matt will join the firm and become the Executive Vice President and Chief Financial Officer on Tuesday. Constellium plans to transition him to its official Chief Financial Officer on January 1. The […]
Norsk Hydro released results for the third quarter of 2016 yesterday. Numbers were off largely thanks to a seasonal decline in sales and negative currency effects. The firm’s underlying EBIT was lower quarter-on-quarter, totaling NOK1.477 million, down from NOK1.618 million in Q2. Underlying EBIT was down for Bauxite & Alumina, Primary Metals, Rolled Products, Energy, […]
Anglo-Australian mining giant Rio Tinto released third-quarter production results late last week. Though gains were not strong compared to the previous quarter, year-on-year and year-to-date showings fared better. In the just-ended quarter Rio turned out 12.4 million metric tons of bauxite, 1.98 million metric tons of alumina, and 924 thousand metric tons of aluminium. Bauxite […]
Operators of a Rio Tinto smelter in western Scotland confirmed late last week that they were in talks to sell it to a “preferred bidder.” The Lochaber Smelter in Fort William, which is one of the region’s largest employers, is Rio’s last operational smelter in the United Kingdom. It has been in operation for almost […]
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 ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
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