Aluminij d.d. Mostar

Aluminij Mostar Inks Aluminium Billet Offtake Agreement With Glencore

Aluminij Mostar Inks Aluminium Billet Offtake Agreement With Glencore

Bosnian aluminium smelter Aluminij d.d. Mostar signed a five-year deal this week with British-Swiss firm Glencore plc for the supply of aluminium billet. No details of the deal beyond its term were released to the press. The two firms have been partners...

Events

Aluminij D.D. Mostar Closes Its Doors As Bankruptcy Proceedings Begin

Despite overtures from Emirates Global Aluminuim PJSC and an infusion of cash from Glencore plc, Bosnian smelter Aluminij d.d. Mostar made the decision to shutter the plant and file for bankruptcy yesterday. Wire services reported that the plant was removed from the power grid just after midnight Wednesday morning due to the firm’s substantial outstanding […]

EGA, Glencore In Talks With Bosnian Government Over Struggling Aluminij Smelter

Talks are underway over the fate of Bosnian aluminium smelter Aluminij d.d. Mostar, as Emirates Global Aluminium PJSC and Glencore plc have both expressed interest to the Bosnian government regarding the formation of a strategic partnership with the struggling plant. According to domestic reportage, EGA is in the early stages of developing a plan for […]

Bosnian Smelter Aluminij Seeks End to Import Tax on Unalloyed Aluminium

Bosnia’s Aluminij d.d. Mostar announced on Monday that it has petitioned the Herzegovina-Neretva Canton government to end the import tax on unalloyed aluminium in an effort at boosting the plant’s output and cutting production costs. The firm said in a statement that an end to the import tax would melt 25,000 metric tons of unalloyed […]