North America

Jamalco Alumina Refinery Owners Contemplate Incorporation To Attract Overseas Investment

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...

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 […]

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. […]