Management And Union Reach Accord At Alcoa’s Western Australia Operations, Ending Strike
A six-week-long strike will soon end at Alcoa’s Western Australia operations thanks to a new contract agreed to by the...
Alcoa World Alumina and Chemicals
Alcoa To Permanently Close Shuttered Alumina Refinery At Port Comfort
Pittsburgh aluminium pioneer Alcoa Corporation announced plans on Monday to permanently close its alumina refinery at Port Comfort, Texas. Alcoa says the decision comes as the result of a company-wide review of about a quarter of its production capacity with an eye...
Labor And Management At Alcoa’s Western Australia Operations Meet Again To Discuss Contract Offer
Meetings between management and labor at Alcoa’s aluminium operations in Western Australia were scheduled for this week as the two...
Norsk Hydro Alerts Bauxite Customers of Supply Problems from Brazilian Mine
Norsk Hydro ASA yesterday issued a notice of force majeure to buyers of its bauxite, as a lack of water...
Events
Alumina Ltd’s Pizzey Eviscerates Australian Government for Perceived Poor Power Policies
Alumina Limited’s chairman John Pizzey leveled withering criticism at Australia’s national energy policy earlier today, declaring that ten years of the country’s power policy consigned the aluminium industry to paying double the price for power compared to the rest of the western world. Pizzey went on to say that such failures are all but certain […]
Higher Power Prices Prompt Partners’ Write Down in Portland Aluminium
Higher power prices negotiated by the operators of Portland Aluminium with AGL Energy have prompted them to write down their stake in the joint venture by a total of USD229 million. Year-end filings by Alumina Ltd indicate that the firm and its partner Alcoa wrote down their stake in the smelter by USD126 million each. […]
Alumina and Rolled Products Buoy Alcoa’s Fourth-Quarter Results
Alcoa Corporation released fourth-quarter results yesterday. Although earnings missed estimates for the quarter, the firm still turned in strong results to end 2016. For the quarter ending December 31, Alcoa reported a net loss of US$125 million. The firm chalks up the loss to measures taken to streamline the portfolio. When special items are taken […]
AWAC to Close Suriname’s Suralco Refinery
Aluminium producer Alcoa Corporation announced yesterday that it would be closing the Suralco alumina refinery and bauxite mines in Suriname. The firm said in a press release that the mine had been curtailed for over a year prior to this announcement. Alcoa said also that it would not close the refinery’s power source, the Afobaka […]
AWAC Inks First Major Bauxite Supply Agreement with Third-Party Buyer
Alcoa Corporation announced yesterday that its joint venture Alcoa World Alumina and Chemicals (AWAC) has obtained its first significant supply contract with a third party. AWAC has agreed to supply 400 thousand bone dry metric tons (400 million kilograms with zero percent moisture content) from its Huntly mine in Western Australia. Alcoa did not identify […]
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 ...
