Romanian aluminium smelter Alro S.A. signed a memorandum of understanding this week with Azerbaijan state-owned firm Azeraluminium to cooperate on enhancing technical and economic capacities. The agreement specifically lined out the possibility of Alro supplying baked anodes and alumina to Azeraluminium on...
The Aluminium Stewardship Initiative (ASI) said last week it has certified ALRO’s operations in Slatina, Romania, under its Performance Standard...
Romanian aluminium company Alro SA (Alro Slatina) announced last week a new deal with Complexul Energetic Oltenia (CEO) to invest...
Romanian aluminium company Alro SA (Alro Slatina) said this week that its downstream extrusion operation Vimetco Extrusion recently brought online...
Romanian aluminium company Alro SA (Alro Slatina) said that its alumina plant Alum Tulcea will be closing in a month due to a substantial rise in electricity and natural gas that has made the plant unprofitable. Domestic media said earlier this week that, of the 700 employed at the plant, only about 260 would still […]
Romanian aluminium company Alro SA (Alro Slatina) said this week that its downstream subsidiary Vimetco Extrusion has produced the first extruded aluminium from its new €10 million automatic aluminium extrusion line in Slatina. The new 7” press extrusion line is the site’s third aluminium extrusion line. Vimetco says the new line is part of the […]
Romanian aluminium company Alro SA (Alro Slatina) assured investors this week that it continues to search for ways to resume electrolytic aluminium production at last year’s levels, with an eye at restarting at similar levels next year. Alro said in a press release that it is planning to begin this year with production at two […]
The labor force at Romania’s Alro Slatina aluminium smelter rallied yesterday to protest against the plant’s management and their decision to operate at less than half capacity in the face of high energy prices. Representatives from the plant’s trade unions told local media that the high energy prices are the result of vested interests and […]
Late last month Romanian aluminium company Alro SA (Alro Slatina) announced the acquisition of Vimetco PLC’s subsidiary Vimetco Trading SRL for an undisclosed sum. According to the relevant announcement, Alro paid “the assessed market value” for Vimetco Trading to Vimetco Management Romania. Alro consummated the purchase in order to take advantage of the synergies it […]
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 ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
