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...
News
Indonesia Prepares For Massive Investment In Electronic Vehicle Battery Production
The Indonesian government said last week that it expects to receive up to US$31.9 billion in investments in aluminium and other raw materials through 2026 as part of its ramp-up of the domestic battery supply chain. A large part of the rationale...
NALCO’s Net Profit Dipped By 51 Percent Last Quarter
India’s National Aluminum Company Ltd (NALCO) turned in results for the final quarter of fiscal year 2023, registering a decline...
ASI Certifies Portland Aluminium Under Performance Standard V2
The Aluminium Stewardship Initiative (ASI) this week certified Alcoa’s smelting and casting operations at Portland, Australia under its Performance Standard...
Events
EGA To Partner With BP On Reducing Carbon Emissions Generated By Calcined Petroleum Coke Supply
Emirates Global Aluminium (EGA) and British oil and gas firm BP p.l.c. have signed a memorandum of understanding to search for and develop methods for reducing the level of carbon dioxide generated to provide EGA’s calcined petroleum coke supply. The companies hope to utilize the relationship to potentially collaborate on a calcined petroleum coke blending […]
LME Pushes Back Deadline For New Electronic Certificates Of Analysis
This week the London Metal Exchange (LME) extended the deadline for mandatory digital registration for quality assurance documents. LME will begin to require Certificates of Analysis (COA) in order to provide transparency regarding the size, shape, purity, and characteristics of a metal unit. The COA is mandatory for almost all physically settled contracts that pass […]
Aluminium Bahrain Inks Operation And Maintenance Agreement With Bahrain’s Electricity And Water Authority
Aluminium Bahrain (Alba) and Electricity and Water Authority (EWA) have signed an operation and maintenance agreement this week. The new agreement will have the two organizations exchanging power in order to improve efficiency. The agreement will allow the parties to schedule exports and imports between the two systems. Alba Chairman Shaikh Daij bin Salman bin […]
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 Detroit, Michigan this week. Novelis says the new cutting-edge roll forming development line will allow the firm to conduct year-round, full-scope research and development on roll forming within its own plant. This gives the firm […]
Yunnan Power Cuts Drive Up China’s Aluminium Imports By 27.1 Percent In April
Aluminium imports into the People’s Republic of China rose by 27.1 percent on the year last month partly as a result of power supply issues plaguing aluminium smelters in the southwest of the country. April saw the Middle Kingdom bring in 222,851 metric tons of unwrought aluminium according to customs data that was released last […]
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 ...
