Novelis Commissions New Roll Forming Development Line For R&D Into Automotive Aluminium
Atlanta’s rolled aluminium firm Novelis commissioned its new roll forming development line at its Automotive Customer Solution Center outside of...
North America
Jamalco Alumina Refinery Owners Contemplate Incorporation To Attract Overseas Investment
Jamalco alumina refinery’s operating entities plan to incorporate before they begin seeking the capital needed for further growth. Such was the message coming from its leadership in an interview earlier this month. Jamalco’s Managing Director Austin Mooney said such a move would...
Kaiser Aluminum Reaches Deal With Labor Union At Warrick Rolling Mill
Semi-fabricated aluminium manufacturer Kaiser Aluminum said last week that it has reached an accord with the labor union at its...
Novelis Delivers Lower Financial Results In Final Quarter Of Fiscal Year
Atlanta’s rolled aluminium firm Novelis Inc. turned in lower numbers for the last quarter and full fiscal 2023, though company...
Events
Constellium Joins ENERGY STAR Program As Industrial Partner
Aluminium smelter Constellium SE has joined the US Environmental Protection Agency’s (EPA) ENERGY STAR program as an Industrial Partner. Constellium says the partnership is proof positive of its commitment to energy efficiency as well as to climate change. The voluntary program encourages companies to protect the environment by promoting energy-efficient products, homes, buildings and manufacturing […]
Century Smelts 169 Thousand Metric Tons Of Aluminium In Q1
American aluminium producer Century Aluminum released results for the first quarter of 2023 this week. Though production fell in the quarter, the financial results were better in the opening three months. In the first three months of 2023, Century shipped 169,471 metric tons, down on the quarter from 181,165 metric tons last year. Net sales […]
Apollo Buys Arconic For $5.2 Billion
Pittsburgh value-added firm Arconic Corporation announced last week that it has agreed to be acquired by Apollo Global Management, Inc. and Irenic Capital Management for US$5.2 billion. The firm said that shareholders would be paid $30 for each share, which is about 36 percent above its stock price at the end of February. As a […]
Spectro Alloys Plans US$76.8MM Expansion To Twin Cities Aluminium Recycling Plant
Twin Cities aluminium recycler Spectro Alloys Corp. has applied for a grant from the state of Minnesota to build a US$76.8 million addition to its aluminium recycling plant in Rosemount. The firm aims to add 90,000 square feet to the plant, which rests on a 42-acre tract. Company officials say the plan is to begin […]
Century Aluminum Buys 55 Percent Share Of Jamalco Alumina Refinery
American aluminium smelter Century Aluminum Company said this week that it has begun the process of buying a 55-percent share of Jamaican bauxite mining and alumina refining operation Jamalco from Noble Group Holdings Limited. Jamalco, which has a nameplate alumina production capacity of 1.4 million metric tons, will come under Century’s rubric for nominal consideration. […]
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 ...
