Alunorte Embargo Winding Through Brazilian Courts
Norwegian aluminium smelter Norsk Hydro ASA updated its investors on the situation at its Brazilian aluminium refinery Alunorte, noting that...
Latin America
Brazilian Court Weighing Lifting Production Embargoes At Alunorte
Norwegian aluminium producer Norsk Hydro ASA said on Friday that its alumina subsidiary Alumina do Norte do Brasil S.A. (Alunorte) and the Ministério Público participated in a hearing at the Federal Court in Belem regarding the ongoing production embargoes at the site,...
The Venezuela Blackout Spells Doom for its Aluminium Industry
After Venezuela’s energy supply failed on March 8th, the directors of the CVG together with the presidents of each company...
Labor Dispute With Rusal Tangles Up Bauxite Industry in Guyana
Conciliation talks are set to begin nearly two weeks after UC Rusal partly suspended operations at its bauxite mining site in Guyana....
Events
Rusal Ceases Bauxite Mining In Guyana Due To Ongoing Labor Row
Due to a dispute with workers over compensation, Russian Federation aluminium titan U.C. Rusal shut down operations at the Bauxite Company of Guyana over the weekend. Per comments made to industry media on Sunday, laborers at the site “declined to work and demanded a pay increase, even though their salaries had been adjusted for forecast […]
Labor Dispute Leads To Lockout At Rusal’s Bauxite Operation In Guyana
Upon word that its work force would not settle for receiving only 1 percent rather than the desired 15-percent boost in wages, management at Rusal’s Russian Bauxite Company in Guyana commenced a lockout while talks continued. “All affected workers are asked to leave the premises of the company with immediate effect,” stated a letter penned […]
Resurrecting Venezuela’s aluminium industry? The government has a plan
After a year marked by deep regression and economic paralysis, Venezuela has decided to revive its lagging economy by resurrecting a rescue plan for the country’s aluminum industry…that failed to deliver positive results in 2018. The companies that make up the Corporación Venezolana de Guayana (CVG) closed 2018 in the red, reporting declining production values […]
State Environmental Regulator Gives Green Light For Return To Full Production At Alunorte
Norwegian aluminium smelter Norsk Hydro ASA announced yesterday that Pará Secretary of State for Environment and Sustainability (SEMAS) has determined that operations at Alumina do Norte do Brasil S.A. (Alunorte) may now safely resume. Though Hydro warns that the Brazilian federal court must still act to remove the production embargo, it says that it has […]
Full Production At Alunorte On The Horizon: Hydro CEO Brandtzæg
The world’s biggest alumina refinery may soon return to full production, though the process by which the plant achieves it is still uncertain. According to comments made on the sidelines of an industry conference earlier this week by Norsk Hydro ASA’s CEO Svein Richard Brandtzæg, the return to full operational capacity at Alumina do Norte […]
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 ...
