Tariffs On Brazil Aluminium Imports Still A Possibility: Trump
Though praising the country’s executive, United States President Donald Trump did not indicate that he would back down on planned...
Latin America
Ball Corporation To Purchase Brazil’s Aluminium Aerosol Firm Tubex For US$80 Million
Last week Colorado’s Ball Corporation entered into an agreement to purchase Brazilian aluminium aerosol firm Tubex Industria E Comercio de Embalagens Ltda for US$80 million. According to Ball, the purchase will enhance the firm’s presence in South America, as the demand for...
Blaze At Albras Halts Aluminium Smelting At One Of Four Potlines
An electrical fire late last week at Norsk Hydro’s Albras Alumínio Brasileiro S.A.’s (Albras) in Brazil has shut down one...
First Bauxite Says Guyana Aluminium Smelter A Possibility If Given Access To Offshore Natural Gas
The government of Guyana said earlier this week that the exploration firm First Bauxite LLC (FBX) is willing to construct...
Events
“Unrest” In Guyana Prompts Rusal’s Sudden Exit
Citing unrest and sabotage, Russian Federation aluminium giant U.C. Rusal shut down operations in Guyana yesterday, leaving over 300 employees without a job. In a press release, Rusal said yesterday that several incidents in the recent past have pushed them to the inevitable. “As a result of serious illegitimate actions that have gone beyond the […]
Production Resumes At World’s Biggest Alumina Refinery In Brazil: Norsk Hydro
Norwegian aluminium giant Norsk Hydro ASA said on Saturday that power has been restored to Mineração Paragominas S.A. (Paragominas bauxite mine), allowing a return to normal production levels at Alumina do Norte do Brasil S.A. (Alunorte alumina refinery). Return to production at Paragominas came ten days after power was cut to the mine. Hydro confirmed […]
Trump’s Threat Of Tariffs On Brazilian Aluminium And Steel Averted After Phone Call From Bolsonaro
The Trump Administration’s threatened tariffs on imported aluminium and steel from Brazil are apparently no longer on the table after a conversation between the U.S. president and the Brazilian head of state last week. According to comments made in the course of a Facebook live video session on Friday by Brazilian President Jair Bolsonaro, a […]
Power Outage Leads To Production Stoppage At Paragominas, Reduction At Alunorte
Norwegian aluminium giant Norsk Hydro ASA announced on Thursday a power outage in Brazil affecting the firm’s bauxite mine and alumina refinery in the state of Pará. According to Hydro’s press release, a transmission tower toppled on Wednesday, cutting power to Mineração Paragominas S.A. Though no injuries were reported, the mishap has temporarily halted production […]
Trump Reinstates Aluminium And Steel Tariffs Against Argentina And Brazil Via Surprise Tweet
Citing currency weaknesses that he says are harming the American farmer, United States President Donald Trump announced on Monday the reimposition of import tariffs on aluminium and steel from producers in Brazil and Argentina. A surprise pre-dawn tweet by the head of the executive branch sent chaos through the ranks of trade officials from both […]
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 ...
