“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...
Latin America
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 an aluminium smelter should it have access to natural gas from offshore deposits. According to Finance Minister Winston Jordan, harvesting natural gas...
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...
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...
Events
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 Stewardship Initiative Certifies Companhia Brasileira de Alumínio Across Entire Value Chain
The Aluminium Stewardship Initiative (ASI) revealed on Friday the certification of several plants and facilities owned by Brazil’s Companhia Brasileira de Alumínio (CBA) against the ASI Performance Standard and Chain of Custody Standard. The facilities included in the certifications announced last week include a trio of bauxite mines in Minas Gerais, an alumina refinery, a […]
Brazilian Court Lifts Second Of Two Embargoes At Alunorte
Brazil’s federal court lifted the final embargo on the waste disposal unit at Alumina do Norte do Brasil S.A. (Alunorte) on Thursday, drawing to a close the 19-month production curtailment at the site and paving the way for the world’s most prolific alumina refinery to resume full production. Thursday’s action to remove the criminal suit’s […]
Pará Court Lifts One Of Two Embargoes Against Alunorte’s Bauxite Residue Disposal Site
One of two embargoes forbidding the usage of a waste product storage pond at Norwegian aluminium producer Norsk Hydro ASA’s alumina refinery in Brazil was rescinded by the Federal Court of Pará on Friday, and the firm expects the remaining embargo to soon follow. The just-ended embargo on Alumina do Norte do Brasil S.A.’s new […]
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 ...
