Norsk Hydro To Close Alunorte Alumina Refinery
The global alumina landscape is likely facing radical changes in the very near future after Norsk Hydro ASA announced the...
Latin America
Can Venezuela’s primary aluminium industry survive?
Primary aluminium production has been a crucial part of Venezuela’s economy since the creation of the Corporación Venezolana de Guayana (CVG) in 1960. Alcasa was established in 1967 and Interalumina in 1977. After the commissioning of the 47,000 GWh Guri dam, Venalum...
Norsk Hydro And Brazilian Government Ink Agreements Over Resumption Of Full Production At Alunorte Alumina Refinery
Norsk Hydro has reached an agreement with the relevant Brazilian state and federal government bodies to resume production at the...
Brazil Continues Talks for Permanent Exemption to Trump Aluminium Tariff
Brazilian president Michel Temer said earlier this week that talks with representatives of the United States government regarding exemptions for...
Events
Trump Aluminium Trade Hurdles Could Have Serious Ramifications for Jamaican Alumina, Foreign Minister Warns
Jamaica’s Minister of Foreign Affairs and Foreign Trade Kamina Johnson Smith cautioned citizens of the island nation that its thriving alumina export sector may well have been struck a mortal blow by the Trump administration’s aluminium tariffs. Speaking at a press conference on Tuesday, Johnson Smith said that the Trump aluminium tariffs and the resulting […]
Guyanese Government Promises Protection for Workers Laid Off Due to U.S. Sanctions on Rusal
The fallout continues due to the United States Treasury Department’s decision to sanction Oleg Deripaska and Rusal, as 200 workers soon to be separated from their jobs at a Rusal contractor have turned to the Guyanese government for assurances regarding the severance benefits they are owed. The workers in question are soon to be laid […]
First Bauxite Lands US$10 MM Financing for Bauxite Project in Guyana
Canadian mining firm First Bauxite Corporation (FBX) announced on Friday the successful negotiation of a second bridge-loan facility of up to US$10 million and the recent commencement of construction on the firm’s Bonasika Bauxite Project. Per the firm, the bridge-loan facility will be paid out in four tranches – a US$2 million disbursement available immediately, […]
Jamaican Government Plans Merger of Clarendon Alumina and Jamaica Bauxite Mining, With Stock Exchange Listing to Follow
Jamaica’s government announced earlier this week its intention to combine Clarendon Alumina Partners (CAP) and the Jamaica Bauxite Mining Limited, followed by listing the resulting organization on the country’s stock exchange. Jamaican Minister of Transport and Mining Robert Montague told local media that the plan, for which he is currently seeking Cabinet support, would allow […]
Brazil Turns Down Aluminium Quotas in “Capone-Like” Negotiations with Trump Administration
Though characterized by Trump administration officials as the adoption of a preliminary agreement to exempt the country from the blanket aluminium tariffs lately imposed upon all importers, officials from the Brazilian government took to the record late last week to reveal that they were offered only quotas as an alternative. Brazil was initially the recipient […]
Is Rio Tinto’s ISAL smelter a bargain or a smart investment?
At least three companies (including Swiss commodity trader Glencore and German Trimet Aluminium) have expressed interest in buying Rio Tinto’s aluminium assets in Iceland, Sweden and the Netherlands, priced at up to US$ 350 million, news agencies reported earlier this month. A ...
Aluminium Extrusions Are Winning The Race For Battery Enclosure In EVs
Battery enclosures for electric vehicles (also called frames, housings or battery packs) have a pretty straightforward purpose: holding and protecting ...
Half-Year Report: Aluminium Prices Still Under Pressure
Base metals prices continued to slide in May and early June, with metals traded on the LME witnessing some serious ...
Aluminium Prices in Q2: A Market Analysis
Base metals prices tumbled in the last week of April and at the start of May, with the aluminium price ...
