Aluminium Tariffs Are Bad, But Quotas Are Worse: Alcoa CEO Harvey
In light of reports that negotiators from the United States government are pushing for quotas to replace the Section 232...
Alcoa
Canada’s Government To Invest C$10 Million In Expansion Of Alcoa Aluminerie de Deschambault
Following up on a promise to help shield the dominion’s aluminium industry from recent instability, the Canadian government announced a major funding grant for Alcoa’s Deschambault Aluminerie earlier this week. Speaking on behalf of Minister of Innovation, Science and Economic Development Navdeep...
Drop In Alumina And Aluminium Prices Take A Toll On Alcoa’s Q1 Bottom Line
American aluminium pioneer Alcoa Corporation released results for the first quarter of 2019 on Wednesday. The firm’s numbers struggled in...
Leaders Emerge In The Aluminium Industry’s Race To Zero Carbon
One of the aluminium industry’s major goals continues to be the production of metal in a manner that emits the...
Events
Rebound In Prices Propel Alcoa’s Bottom Line Into The Black In The Fourth Quarter
Pittsburgh aluminium pioneer Alcoa Corporation released results for the fourth quarter and full year of 2018 on Wednesday, reporting stronger numbers across both periods thanks to improved prices in both the alumina and aluminium global market. In the year’s final quarter Alcoa reported a net income of US$43 million, reversing losses of US$41 million in […]
Alcoa To Cut Capacity At Aluminerie de Bécancour’s Lone Operating Potline
Citing the continuing impasse in labor negotiations, Pittsburgh aluminium pioneer Alcoa Corporation announced yesterday the immediate curtailment of half the production of the lone potline at Aluminerie de Bécancour Inc. (ABI) smelter in Québec, Canada. The curtailment is but the latest step in a labor dispute that has gone on for over a year. The […]
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 plants’ management and labor negotiators earlier this week. According to a statement by the Australia Workers’ Union (AWU), work is to resume Monday at the three alumina refineries and two bauxite mines in the state, […]
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 sided continue to attempt to resolve the impasse that has prompted an over six-week-long strike. The meeting, which was to take place yesterday, was to discuss a newly-revised contract offer tendered by Alcoa. Both sides […]
Alcoa Seeks Tariff Reprieve From Trump Administration For Specialty Aluminium
Iconic American aluminium producer Alcoa Corporation has approached the Trump administration to obtain from relief from the Section 232 aluminium tariffs that were levied upon all imports earlier this year, saying that they are now suffering from the measure enacted specifically for their benefit. The firm filed a quintet of requests for waivers with the […]
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 ...
