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)...
Europe
“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 outages in a pair of its plants in the United States. Per the firm, “production disturbances” at plants in Huntingdon and Salisbury...
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...
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...
Events
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, […]
Sources Say European Commission Blessing Of Novelis Purchase Of Aleris Is Imminent
Sources say Atlanta’s rolled and recycled aluminium firm Novelis Inc. is on the verge of obtaining approval from the European Union for its US$2.6 billion offer to purchase Aleris. Reuters said anonymous sources claiming inside knowledge revealed to them on Thursday that the linchpin to antitrust approval came with Novelis’ promise to sell the Aleris […]
Aluminium Stewardship Initiative Certifies Constellium’s Singen Plant Against ASI Performance Standard
The Aluminium Stewardship Initiative (ASI) and Constellium yesterday announced the certification of the latter’s casting and rolling mill in Singen, Germany. The plant is among Constellium’s largest facilities. The rolling and casting mill at Singen successfully qualified for certification under ASI’s Performance Standard for responsible production, sourcing, and stewardship of aluminium, as confirmed by an […]
Nespresso Collaborates With Bike Brand To Create Bicycle Made From Recycled Aluminium
Swiss coffee company Nestlé Nespresso S.A. has teamed up with Swedish bike brand Vélosophy to develop and manufacture a bicycle made from recycled aluminium coffee capsules. The bicycles, which were given the name RE:CYCLE, will be produced in a limited run of 1,000 and are only available through Vélosophy’s website. The project was undertaken in […]
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 businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
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 ...
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 ...
