Ball Completes US$80-Million Buyout Of Tubex Aluminium Aerosol Plant In Brazil
Colorado’s Ball Corporation announced on Monday the completion of its acquisition of Tubex Industria E Comercio de Embalagens Ltda. in...
Latin America
Production Resumes At Paragominas Bauxite Mine After Scheduled Repairs
Norwegian aluminium smelter Norsk Hydro ASA said on Friday that it has resumed bauxite extraction activities at its operations in Brazil. With the resumption of mining activities at Mineração Paragominas, the firm said refining at the Alumina do Norte do Brasil refinery...
Guyanese Government Restarts Talks With Rusal Over Access To Aroaima Mine
The Guyana government has begun talks with Russian Federation aluminium giant UC Rusal over re-opening operations along the Berbice River....
Hydro Halts Production At Paragominas Bauxite Mine For Pipeline Repairs
Norwegian aluminium smelter Norsk Hydro ASA said yesterday it has halted the flow of bauxite ore through the pipeline out...
Events
UN Calls Upon Venezuela To Crack Down On Illegal Bauxite Mining
The United Nations is calling upon the Venezuelan government to crack down on illegal bauxite, diamond, and gold mines in the country, saying such illicit operations are run by criminal gangs who mistreat and murder mine workers. According to a UN report, Venezuela’s security forces have largely failed in stopping such behavior, and have in […]
Power Restored To Paragominas And Alunorte After Tower Collapse
Norwegian aluminium smelter Norsk Hydro ASA said late last week that power has been restored to Mineração Paragominas, allowing production to ramp up to previous levels at both the mine and Alumina do Norte do Brasil’s alumina-refining operation. Hydro says it continues to work with local authorities to determine the cause of the power outage, […]
Power Cut To Alunorte Alumina Refinery Prompts Sharp Reduction In Output
Norwegian aluminium smelter Norsk Hydro ASA said yesterday that operations at Paragominas bauxite mine and Alunorte alumina refinery have been impacted due to a power outage occasioned by the toppling of a trio of power transmission towers in the area. Per the firm, work to repair the towers is currently underway, with an estimated repair […]
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 sustainable packaging in the region continues to grow at an unprecedented rate. Tubex […]
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 aluminium and steel tariffs against Brazilian exporters to the US. Trump was queried by reporters late last week at a dinner at Mar-a-Lago between himself and Brazilian president Jair Bolsonaro by reporters regarding the possibility […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
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 ...
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 ...
