Noranda And Jamaican Government Come To Agreement On Back Bauxite Levy Payments
Noranda and the Jamaican government reached an agreement this week on bauxite levy payments on exported ore. Transport and Mining...
News
Mitilineos Developing New Methods For Scandium Production From Bauxite
Greek energy company Mitilineos announced last week its plan to enhance the use of its more economical method for extracting rare earth elements like scandium from bauxite ore. Mitilineos will be developing the new methods for scandium extraction from bauxite ore as...
South32 Boosts Stake In Mozal Aluminium By 15 Percent
Australian metals miner South32 increased its share in Mozambique’s Mozal Aluminium earlier this week, increasing its stake in the aluminium...
Power Crunch To Tighten Further For China’s Aluminium Smelters As Winter Power Cuts Approach
Winter is coming to the People’s Republic of China, and along with it is the prospect of yet more power...
Events
Rio Tinto And Unifor Local 2301 Reach Agreement In Principle Over Labor Contract At BC Works Aluminium Smelter
Anglo-Australian metals miner Rio Tinto Group announced an agreement in principle with Unifor Local 2301 at its BC Works aluminium smelter in Kitimat. Per Rio Tinto, the parties have composed a Collective Labor Agreement that they say is competitive and provides a future for operations at the plant. Rio Tinto says the agreement benefits not […]
Emirates Global Aluminium Inaugurates New High-Efficiency Gas Turbine At Jebel Ali
Emirates Global Aluminium PJSC (EGA), Mubadala Investment Company, and Dubal Holding completed a new power plant at Jebel Ali that it says is its most efficient power generation system to date. The firm marked the opening of the new power plant with a ceremony attended by several government and corporate officials last week. The AED1 […]
Indian Court Halts Odisha’s Auction Of Karlapat Bauxite Ore Tract
The government of the Indian state of Odisha has suspended the auction of the Karlapat bauxite and iron ore block after a regional court ordered the sale to be placed on hold. The court’s decision came after environmentalists filed suit to prevent the sale, as the block is adjacent to the Karlapat Wildlife Sanctuary. The […]
Alcoa To Restart Alumar Aluminium Refinery In Brazil After Six Year Shutdown
Pittsburgh aluminium pioneer Alcoa Corporation announced this week the reopening of its Alumar aluminium smelter in São Luís, Brazil. The operation has been shuttered since 2015. Alcoa says it is immediately restarting the facility, with the expectation that first metal will emanate from the plant in the middle of next year. The entire nameplate capacity […]
Gränges Issues SEK600 MM In Sustainability Linked Medium Term Notes
Swedish rolled aluminium firm Gränges AB this week announced the successful placement of SEK600 million (US$69.3 million) of sustainability-linked bonds. The newly-issued bonds are five-year senior unsecured notes. The medium term notes are due in 2026 and feature a coupon of 3 months Stibor + 1.20 percent. Gränges says interest was much stronger than it […]
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 ...
