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 […]
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 businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
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 ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
