North America

Falling Aluminium Prices May Make Life Difficult For Jamaican Bauxite Operations: PM Paulwell

Falling Aluminium Prices May Make Life Difficult For Jamaican Bauxite Operations: PM Paulwell

Jamaica’s Opposition Spokesman on Mining Phillip Paulwell expressed concern late last week that weakening aluminium prices may be the early signs of a global recession, which may imperil the continued operations of Jamaica’s bauxite operations. In comments to a local call-in radio...

Events

Novelis Shipments Rise By 4 Percent to 830 Kilotonnes In Latest Quarter

Atlanta’s rolled and recycled aluminium firm Novelis Inc. reported results for the first quarter of fiscal year 2020 yesterday. Favorable market conditions helped propel the firm to a strong showing in the quarter. For the just-ended quarter Novelis reported net sales of US$2,925 million, down on the year from last year’s first-quarter sales total of […]

Century Beats Revenue Estimates With Q2 Net Loss Of US$16.2 Million

American aluminium smelter Century Aluminum released results for the second quarter of 2019 on Thursday. Though shipments and sales fell in the quarter, the firm’s bottom line began to claw back toward the black thanks to a drop in alumina and power prices. The second quarter saw shipments drop by 1 percent, from 206,451 metric […]

Novelis Debuts New 25 Percent Stronger Automotive Aluminium Alloy

Atlanta’s rolled and recycled aluminium firm Novelis Inc. announced yesterday the launch of a new aluminium alloy designed specifically for automotive body sheet. The new alloy, christened Advanz 6HS-s650, is a 6xxx-series aluminium alloy that Novelis says surpasses the automotive industry’s standards for strength, lightweighting, formability, performance, and structural integrity. With a reported in-service strength […]

Workers Trickle Back To Aluminerie de Bécancour As 17-Month Lockout Ends

Aluminerie de Bécancour’s (ABI) unionized workforce began making its way back into the plant on Friday, marking the end of one of Quebec’s longest lockouts. United Steelworkers members are returning to the plant thanks to a vote earlier this month to accept what Alcoa characterized as a final offer. The plant’s 900-strong union workers voted […]

Kaiser Aluminum Again Beat Market Estimates In 2019’s Second Quarter

Kaiser Aluminum released financial results for the second quarter and first half of 2019 on Wednesday, besting consensus estimates for the third time in the past four quarters. The second quarter’s net sales totaled US$375 million, down on the year from last year’s second-quarter total of US$415 million. Kaiser chalks up the shortfall to an […]