News

Domestic Bauxite Producers Group to Ask Indonesian Government to Lift Export Ban

Domestic Bauxite Producers Group to Ask Indonesian Government to Lift Export Ban

A bauxite production group in Indonesia is expected to ask that country’s government to resume exports of the ore, allowing for an annual quota of forty million metric tons. This is expected to be the first step in easing off of the...

Events

Novelis to Provide Aluminium for Jaguar XFL

Atlanta’s rolled and recycled aluminium firm Novelis Inc. announced this week that it will be supplying aluminium to Chery Jaguar Land Rover Automotive Co., Ltd for its new Jaguar XFL. The XFL is the first Jaguar model to be assembled in the People’s Republic of China. According to the firm, the XFL is the next […]

Indonesian Government Disavows Plan to End Metal Ore Export Ban

Indonesian mining officials announced yesterday that they would not be pursuing a plan to allow the export of low-grade bauxite. The plan faced a tidal wave of opposition from domestic smelters as well as from investors from the People’s Republic of China who have invested vast amounts in the country to build processing plants. The […]

Vedanta Sets Quarterly Aluminium Production Record

London’s Vedanta Resources plc released production numbers for the second quarter and first half of 2016 yesterday, reporting a record aluminium output of 296,000 metric tons for the second quarter. On the corporate side, highlights for the quarter included shareholder approval of the Vedanta/Cairn India merger, a deal that is expected to close in the […]

Alcoa’s Final Quarterly Numbers Before Split Are Up

American aluminium major Alcoa released earnings for the third quarter of 2016 yesterday. The firm turned in a strong quarter and, as its separation into two distinct companies takes effect in less than a month, this is the last full quarter for Alcoa as a single company. Alcoa’s results reflected a year-on-year profit growth for […]

India’s Aluminium Consumption to Rise by Over One Third: Report

A report released last week projected India’s aluminium consumption to increase by over one third over the next five years. The report, entitled Indian Aluminium Industry: Geared for growth, predicts India’s aluminium usage to rise from 3.3 million tons in FY 2015-16 to 5.3 metric tons in FY 2020-21, largely thanks to government measures like […]