Alcoa Reaches Deal For Purchase Of Avilés And La Coruña Aluminium Plants In Spain
Yesterday Pittsburgh aluminium pioneer Alcoa Corporation announced that it has come to an agreement with Swiss private equity firm PARTER...
News
Aluminerie Alouette Receives C$15 Million Grant From Canada’s Government To Improve Operations At Sept-Îles
Canada’s largest aluminium smelter Aluminerie Alouette will receive C$15 million (US$11.5 million) from the Canadian government for use in developing and improving operations at the site. Innovation, Science and Economic Development Canada says the grant from the Strategic Innovation Fund will allow...
Rusal Places Second Set Of Ruble Bonds This Year On Moscow Exchange
Russian Federation aluminium titan U.C. Rusal announced yesterday the closing of the book-building process for the second successful ruble bond...
ABx’s ALCORE Begins Refining Bauxite Into Aluminium Fluoride
Australian Bauxite Limited (ABx) updated the market on Wednesday as to progress on the ALCORE Limited project, noting that it...
Events
Lockout Ends At Aluminerie de Bécancour With Labor Vote To Accept Alcoa Contract Offer
A months-long lockout and curtailment at Aluminerie de Bécancour Inc. (ABI) in Quebec is over after a vote on Tuesday by locked-out laborers to accept a new contract offer from Alcoa Corporation. Members of the local chapter of United Steelworkers voted in favor of the six-year contract, which Alcoa characterized as the final offer they’d […]
Rusal Promoted To AAA Credit Rating By Top Chinese Rating Agency
Russian Federation aluminium giant U.C. Rusal announced yesterday that its credit rating was upgraded to AAA status by a top credit rating agency in the People’s Republic of China. Per the firm, China Chengxin Securities Rating Co., Ltd. boosted Rusal’s credit rating from AA+ and assigned it a Stable outlook due to its improved financial […]
Gestamp Opens Second Aluminium Automotive Components Plant In Slovakia
Spanish metal automotive components maker Gestamp Automoción opened a new production plant in Nitra, Slovakia last week that is dedicated to the production of aluminium automotive parts. The new €130-million plant will produce aluminium parts primarily for Jaguar Land Rover, which recently began producing units of its Land Rover marque in Slovakia. Gestamp says its […]
Metro Mining Inks Contract For 420,000 WMT Of Bauxite Ore With Chinese Aluminium Firm
Yesterday Australia’s Metro Mining Ltd. announced the signing of a new contract with a state-owned aluminium firm in the People’s Republic of China for delivery of 420 thousand wet metric tons of bauxite ore to be delivered by year’s end. Though Metro declined to name the firm, it said the company operated refineries in four […]
Constellium Releases 2018 Sustainability Report
Amsterdam rolled and extruded aluminium leader Constellium N.V. released its 2018 Business and Sustainability Report yesterday, reflecting the significant progress to sustainability goals the firm made last year. Per the report, 2018 saw Constellium surpass the 50-percent threshold for independent third-party assessment of its annual supplier spending. Of that amount, 83 percent of the money […]
Is Rio Tinto’s ISAL smelter a bargain or a smart investment?
At least three companies (including Swiss commodity trader Glencore and German Trimet Aluminium) have expressed interest in buying Rio Tinto’s aluminium assets in Iceland, Sweden and the Netherlands, priced at up to US$ 350 million, news agencies reported earlier this month. A ...
Aluminium Extrusions Are Winning The Race For Battery Enclosure In EVs
Battery enclosures for electric vehicles (also called frames, housings or battery packs) have a pretty straightforward purpose: holding and protecting ...
Half-Year Report: Aluminium Prices Still Under Pressure
Base metals prices continued to slide in May and early June, with metals traded on the LME witnessing some serious ...
Aluminium Prices in Q2: A Market Analysis
Base metals prices tumbled in the last week of April and at the start of May, with the aluminium price ...
