Aluminij Mostar

Is Rio Tinto’s ISAL smelter a bargain or a smart investment?

Is Rio Tinto’s ISAL smelter a bargain or a smart investment?

At least three companies (including Swiss commodity trader Glencore and German Trimet Aluminium) have expressed interest in buying Rio Tinto’s aluminium assets in Iceland, Sweden and the Netherlands, priced at up to US$ 350 million, news agencies reported earlier this month. A...

Events

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, […]