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...
Alumina Limited
Half of Damaged Aluminium Production Back Online at Alcoa’s Portland Smelter
Another step in the recovery of Alcoa’s Portland plant was taken this week, as the firm announced that half the capacity it lost in a power blackout six months ago is now back online. The Portland smelter has been running at about...
Ferraro Replaces Wasow as Alumina Ltd.’s CEO
Melbourne’s Alumina Limited announced the retirement of CEO Peter Wasow from the company earlier today. Wasow’s successor in the role...
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....
Events
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 […]
Australian Federal, State Governments Team Up With Union to Restart Alcoa’s Portland Smelter
Alcoa’s plant in Portland, Victoria, Australia is assessing the damage left after a five-and-one-half-hour power outage last week. Although the damage to the smelter may be significant, the Australian federal government has taken the surprising step of pledging to help the plant get back on its feet. The plant, whose ownership is split among Alcoa […]
Alumina Ltd. Files Counterclaim in Alcoa’s Declaratory-Judgment Suit
Australian firm Alumina Limited filed a counterclaim late in the business day on Friday to Alcoa’s action for declaratory relief, which was begun in late May due to a concern raised by Alumina Ltd. over the rights of its shareholders in Alcoa’s planned split later this year. Alumina Ltd’s sole business activity is as the […]
Alcoa Seeks Declaratory Relief Regarding Rights Issue with Alumina Ltd
Alcoa’s planned split has run into a snag due to Australia’s Alumina Ltd and comments it has made regarding the “serious concerns” it has for the demerger’s impact upon a joint venture in which both parties have substantial interests. The Melbourne firm said in a statement that it was concerned that the split would “result […]
Alcoa Seals Bauxite Supply Contracts Worth US$350 MM
American aluminium supplier Alcoa announced Wednesday that Alcoa World Alumina and Chemicals (AWAC), a joint venture between Alcoa and Alumina Limited of Australia, signed several bauxite supply contracts valued in the aggregate at US$350 million over the coming two years. The firm says the contracts will have them supplying customers in China, Europe, and Brazil […]
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 ...
