Aluminij Mostar

M.T. Abraham To Pitch 15-Year Lease Agreement To Aluminij Mostar

M.T. Abraham To Pitch 15-Year Lease Agreement To Aluminij Mostar

Talks over the fate of Bosnian aluminium smelter Aluminij d.d. Mostar continue this week between the government and a Sino-Israeli consortium, but the recently laid-off workforce at the plant is reportedly not optimistic that such talks will yield a positive outcome. Aluminij...

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 […]

No threat of closure for South East Europe’s smelters in near future

Latest on SEE primary aluminium industry In the Balkan region, there are currently five operational smelters producing some 610,000 tonnes of primary aluminium a year, with total capacity of 672,000 tonnes/year. However, production has decreased by over 180,000 tonnes in 2015, compared to 2006. Today, there are just over 6000 workers employed compared to over […]

Bosnian government plans sale of Aluminij d.d. Mostar

The federal government of Bosnia and Herzegovina plans to offer its stake in Aluminij d.d. Mostar for sale by end of this year, as part of a privatisation initiative involving five other companies. It will be the second attempt by the Bosnian government to sell Aluminij after it halted the privatisation process launched in 2007, […]