The Venezuela Blackout Spells Doom for its Aluminium Industry
After Venezuela’s energy supply failed on March 8th, the directors of the CVG together with the presidents of each company...
Latin America
Alunorte Embargo Winding Through Brazilian Courts
Norwegian aluminium smelter Norsk Hydro ASA updated its investors on the situation at its Brazilian aluminium refinery Alunorte, noting that progress had been made both on the judicial front and with state environmental regulators. Hydro said Monday that it has reached an...
Labor Dispute With Rusal Tangles Up Bauxite Industry in Guyana
Conciliation talks are set to begin nearly two weeks after UC Rusal partly suspended operations at its bauxite mining site in Guyana....
Rusal Ceases Bauxite Mining In Guyana Due To Ongoing Labor Row
Due to a dispute with workers over compensation, Russian Federation aluminium titan U.C. Rusal shut down operations at the Bauxite...
Events
Labor Dispute Leads To Lockout At Rusal’s Bauxite Operation In Guyana
Upon word that its work force would not settle for receiving only 1 percent rather than the desired 15-percent boost in wages, management at Rusal’s Russian Bauxite Company in Guyana commenced a lockout while talks continued. “All affected workers are asked to leave the premises of the company with immediate effect,” stated a letter penned […]
Resurrecting Venezuela’s aluminium industry? The government has a plan
After a year marked by deep regression and economic paralysis, Venezuela has decided to revive its lagging economy by resurrecting a rescue plan for the country’s aluminum industry…that failed to deliver positive results in 2018. The companies that make up the Corporación Venezolana de Guayana (CVG) closed 2018 in the red, reporting declining production values […]
State Environmental Regulator Gives Green Light For Return To Full Production At Alunorte
Norwegian aluminium smelter Norsk Hydro ASA announced yesterday that Pará Secretary of State for Environment and Sustainability (SEMAS) has determined that operations at Alumina do Norte do Brasil S.A. (Alunorte) may now safely resume. Though Hydro warns that the Brazilian federal court must still act to remove the production embargo, it says that it has […]
Full Production At Alunorte On The Horizon: Hydro CEO Brandtzæg
The world’s biggest alumina refinery may soon return to full production, though the process by which the plant achieves it is still uncertain. According to comments made on the sidelines of an industry conference earlier this week by Norsk Hydro ASA’s CEO Svein Richard Brandtzæg, the return to full operational capacity at Alumina do Norte […]
Novelis Plans US$175 Million Expansion To Brazilian Aluminium Production And Recycling Operations
Atlanta’s rolled and recycled aluminium firm Novelis Inc. announced yesterday a plan to invest US$175 million to expand the production and recycling capabilities of its Pindamonhangaba plant in Brazil. Per the firm’s press release, planned upgrades include bumping up rolled aluminium capacity by 100 thousand metric tons per year to a total of 680 thousand […]
Are Things Finally Looking Up For The Aluminium Market?
Base metals prices recovered sharply in the first half of September, after a seasonal slump in August, as investors and traders hope that easing trade tensions between U.S. and China might boost demand for metals in the remaining part of the year. ...
Zhongwang Fake Semis Prosecution May Slam The Door On Key Routes For U.S. Import Duty Avoidance
The global aluminium market has been watching the trials and travails of Chinese behemoth Zhongwang with intense interest for the ...
Aluminium Prices Under Double Pressure: Trade Wars and Chinese Exports
Base metals prices tumbled to their lowest in several weeks at the start of August, after U.S. President Donald Trump ...
Dirty Metal – China’s Troublesome Tether Between Coal And Aluminium
The year 2019 has been a red-letter year for the aluminium sector in the People’s Republic of China. Despite trade ...
