North America

Apple Buys First Carbon-Free Aluminium From Alcoa-Rio Tinto Joint Venture Elysis

Apple Buys First Carbon-Free Aluminium From Alcoa-Rio Tinto Joint Venture Elysis

American technological company Apple Inc. announced earlier this week its inaugural purchase of carbon-free aluminium from Alcoa Corp and Rio Tinto Group joint venture Elysis. Apple says the initial purchase will ship later this month from Alcoa’s Pittsburgh research facility. The aluminium...

Events

Aleris Posts Record Adjusted EBITDA Of US$25 Million In Q3

Cleveland rolled aluminium firm Aleris International, Inc. reported results for the third quarter and first nine months of 2019 yesterday. The firm’s numbers were up nearly across the board thanks in large part to increased demand and a favorable product mix. In the third quarter the firm reported a net income of US$25 million, reversing […]

Kaiser Aluminum Inks New Five-Year, US$375-Million Credit Facility

California semi-fabricated aluminium producer Kaiser Aluminum Corporation announced on Wednesday that it has entered into a five-year, US$375-million senior secured revolving credit facility. Per the firm, the new credit facility was negotiated in order to replace an earlier credit facility that was scheduled for maturity at the end of next year. The new facility, which […]

Novelis Breaks Ground On US$36 Million Expansion And Upgrade Of NE Georgia Aluminium Recycling Plant

Atlanta’s rolled and recycled aluminium firm Novelis Inc. commenced construction on its US$36 million expansion and upgrade of its Greensboro, Georgia plant yesterday. The upgrades, which include state-of-the-art recycling equipment, a new dust-mitigation system, and an overall traffic redesign aimed at increasing safety and efficiency, are expected to be completed over the course of the […]

Constellium Receives US$9.5 Million Grant From DoD To Upgrade Ravenswood Cold Rolling Aluminium Mill

Amsterdam rolled and extruded aluminium leader Constellium N.V. revealed yesterday its selection by the United States Department of Defense for a grant of almost US$9.5 million to increase throughput, quality and performance of cold rolled aluminum at its Ravenswood, West Virginia facility. Constellium says the grant is an award of the Department of Defense’s Cornerstone […]

Kaiser Aluminum Sets Record For Value-Added Income In Q3

California semi-fabricated aluminium producer Kaiser Aluminum Corporation released results for the third quarter and first nine months of 2019 yesterday. Despite labor difficulties and destocking, the firm posted record financial results in both periods. In the just-ended quarter Kaiser shipped 154 million pounds of product, down by 5 million pounds on the year. Net sales […]