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...
Jamaica’s government announced earlier this week its intention to combine Clarendon Alumina Partners (CAP) and the Jamaica Bauxite Mining Limited,...
Though characterized by Trump administration officials as the adoption of a preliminary agreement to exempt the country from the blanket...
The unintended consequences of United States sanctions upon Russian business interests continue, as German shipping group Oldendorff Carriers GmbH &...
According to rumors seeping out of last weekend’s Summit of the Americas, Argentina is soon to be the recipient of a carve-out to U.S. President Donald Trump’s blanket 10-percent tariffs upon imported aluminium. Per unnamed sources, the two countries’ governments struck an agreement allowing for such an exception, though the parties have yet to iron […]
Half a dozen groups representing a wide swath of the global aluminium trade teamed up to renew a call to world leaders for the formation of a global forum for tackling the issue of global aluminium overcapacity. Citing the work of last year’s G20 summit and their publication of the Global Forum on Steel Excess […]
Norsk Hydro A.S.A. reported the findings of two reviews of the ongoing situation at Alumina do Norte do Brasil S.A.’s (Alunorte) refining plant, both of which confirm the company’s contention that the plant released no toxins during a flooding event several weeks ago. The two reports, of which one was a review by an internal […]
Norwegian aluminium producer Norsk Hydro A.S.A. announced yesterday the completion of its purchase of two aluminium extrusion plants originally owned by Arconic in southern Brazil. The US$10-million deal dovetails with Hydro’s stated aim of increasing its presence in the field of extruded aluminium according to a statement released on the occasion of the sale. Hydro […]
Though immediately challenged by Norsk Hydro, a Brazilian federal government study says that the waters in the vicinity of Alumina do Norte do Brasil S.A.’s (Alunorte) refining plant show elevated levels of heavy metals. In comments to domestic media Wednesday, public health researcher Marcelo Lima of Brazil’s Health Ministry organ Evandro Chagas Institute said that […]
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 ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
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