Alcoa To Permanently Close Shuttered Alumina Refinery At Port Comfort
Pittsburgh aluminium pioneer Alcoa Corporation announced plans on Monday to permanently close its alumina refinery at Port Comfort, Texas. Alcoa...
North America
Noranda Wraps Up Labor Negotiations With New Accord
Jamaica’s Noranda Bauxite and University & Allied Workers Union (UAWU) announced a new labor agreement earlier this week that will keep the union’s workers working through the spring of 2023. According to Noranda, this agreement marks the end of negotiations for the...
USMCA’s Success Requires Strong Enforcement: Aluminum Association
The Aluminum Association lauded the work done so far by Commerce Secretary Wilbur Ross, White House Director of Trade and...
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...
Events
Rio Tinto Declares Force Majeure On Canadian Aluminium Deliveries Due To Rail Strike
A week-long rail strike in Canada prompted world’s biggest mining firm Rio Tinto Group to declare force majeure on all aluminium shipments originating from the dominion. Though the strike crippled the Canadian National Railway system, the Teamsters union came to a working agreement with CN to stop the strike and allow normal rail service to […]
Alcoa Becomes 27th Member Of International Council on Mining and Metals
Pittsburgh aluminium pioneer Alcoa Corporation has been selected for membership in the International Council on Mining and Metals (ICMM) according to a press release issued by the firm on Thursday. According to ICMM, Alcoa passed a rigorous and independent assessment process to qualify for membership. The assessment process assured the Council that Alcoa adheres to […]
Century Aluminum Numbers Down In Third Quarter Due To Weak Prices At LME
American aluminium smelter Century Aluminum Company posted results for the third quarter on Tuesday. Numbers for the quarter were soft largely due to market uncertainty and the resulting weak prices at the London Metal Exchange, according to the firm. In the just-ended quarter Century shipped 198,543 metric tons, off by 2 percent on the quarter […]
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 […]
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 businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
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 ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
