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...
Latin America
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...
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...
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...
Events
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 from undersea hydrocarbon deposits would provide the firm with an inexpensive source for […]
“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 […]
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 ...
