News

Argentina Opens Anti-Dumping Probe Over Chinese Aluminium Alloy Wheel Imports

Argentina Opens Anti-Dumping Probe Over Chinese Aluminium Alloy Wheel Imports

The government of Argentina has begun an investigation to determine whether sanctions are in order against the People’s Republic of China for dumping aluminium alloy wheels on the Argentine market. News of the probe came from an announcement on the Trade Remedy...

Events

Alcoa Reports Strong Second Quarter Numbers

Aluminium major Alcoa reported results for the second quarter of 2016 yesterday, showing numbers that were stronger both overall and for each of the firm’s Value-Add and Upstream spin-offs. Alcoa posted a second quarter 2016 net income of US$135 million, US$78 million of which are related to separation costs, restructuring-related charges and associated tax impacts. […]

Metro Mining Inks Strategic Financing Agreement with Greenstone

Brisbane’s Metro Mining Limited announced yesterday that it has signed an agreement with Greenstone Resources II Ltd that grants Greenstone a 19.98% interest in Metro in addition to providing Metro with assistance in developing its Bauxite Hills Project. The agreement has Greenstone investing an initial US$6.76 million by way of a placement of 105 million […]

Sapa Wins Award, Adds New Members to Executive Team

Oslo’s Sapa AS announced an award and a change to its management team yesterday. Ford Motor Company chose Sapa’s Cressona plant in Pennsylvania to be one of the first plants in the aluminium extrusion industry to receive the firm’s Q1 award. “This is an awesome achievement by our employees in Cressona and our Ford program […]

London Railway Station Showcases Aluminium Sculpture by Renowned Artist Ron Arad

London’s historic St. Pancras railway station is the home of a new art installation – a 59’-long polished twisted aluminium blade. The piece, entitled Thought of Train of Thought, is a sculpture by celebrated sculptor, Ron Arad RA, and is the second public artwork in a four-year partnership between the RA and St Pancras International. […]

Vedanta to Refocus Operations in Odisha

After investing US$7.5 billion in establishing an alumina refinery and an aluminium smelter and associated power facilities in the region, Vedanta Resources plc announced late last week that it is shifting its focus in the state of Odisha. “For us, the Niyamgiri chapter is closed. We are not pursuing it anymore,” said chief executive officer of […]